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Boralex (TSX:BLX) Shiller PE Ratio : 498.17 (As of May. 04, 2024)


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What is Boralex Shiller PE Ratio?

As of today (2024-05-04), Boralex's current share price is C$29.89. Boralex's E10 for the quarter that ended in Dec. 2023 was C$0.06. Boralex's Shiller PE Ratio for today is 498.17.

The historical rank and industry rank for Boralex's Shiller PE Ratio or its related term are showing as below:

TSX:BLX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.1   Med: 97.37   Max: 3042
Current: 454.66

During the past years, Boralex's highest Shiller PE Ratio was 3042.00. The lowest was 24.10. And the median was 97.37.

TSX:BLX's Shiller PE Ratio is ranked worse than
97.89% of 190 companies
in the Utilities - Independent Power Producers industry
Industry Median: 19.715 vs TSX:BLX: 454.66

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Boralex's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boralex Shiller PE Ratio Historical Data

The historical data trend for Boralex's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Boralex Shiller PE Ratio Chart

Boralex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 560.71

Boralex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1,743.22 669.69 560.71

Competitive Comparison of Boralex's Shiller PE Ratio

For the Utilities - Renewable subindustry, Boralex's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Boralex's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Boralex's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Boralex's Shiller PE Ratio falls into.



Boralex Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Boralex's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=29.89/0.06
=498.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Boralex's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Boralex's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.19/125.4675*125.4675
=0.190

Current CPI (Dec. 2023) = 125.4675.

Boralex Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.200 98.604 0.254
201406 -0.110 99.473 -0.139
201409 -0.240 99.394 -0.303
201412 -0.170 98.367 -0.217
201503 0.110 99.789 0.138
201506 -0.130 100.500 -0.162
201509 -0.320 100.421 -0.400
201512 0.130 99.947 0.163
201603 0.300 101.054 0.372
201606 -0.110 102.002 -0.135
201609 -0.160 101.765 -0.197
201612 -0.071 101.449 -0.088
201703 0.210 102.634 0.257
201706 -0.030 103.029 -0.037
201709 -0.230 103.345 -0.279
201712 0.340 103.345 0.413
201803 0.260 105.004 0.311
201806 -0.360 105.557 -0.428
201809 -0.400 105.636 -0.475
201812 0.130 105.399 0.155
201903 0.310 106.979 0.364
201906 -0.140 107.690 -0.163
201909 -0.320 107.611 -0.373
201912 -0.280 107.769 -0.326
202003 0.430 107.927 0.500
202006 -0.070 108.401 -0.081
202009 -0.060 108.164 -0.070
202012 0.250 108.559 0.289
202103 0.340 110.298 0.387
202106 -0.160 111.720 -0.180
202109 -0.200 112.905 -0.222
202112 0.170 113.774 0.187
202203 0.490 117.646 0.523
202206 0.100 120.806 0.104
202209 -0.440 120.648 -0.458
202212 0.140 120.964 0.145
202303 0.410 122.702 0.419
202306 0.190 124.203 0.192
202309 -0.030 125.230 -0.030
202312 0.190 125.468 0.190

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Boralex  (TSX:BLX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Boralex Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Boralex's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Boralex (TSX:BLX) Business Description

Traded in Other Exchanges
Address
36, Rue Lajeunesse, Juridique, Kingsey Falls, QC, CAN, J0A 1B0
Boralex is a power producer whose core business is dedicated to the development and operation of renewable energy power stations in Canada, France, the United States and the United Kingdom. Boralex owns power generation assets across four technologies: wind, solar, hydroelectric, and thermal. Substantially all of its operating assets are subject to indexed fixed-price energy sales contracts.