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Evolution Mining (ASX:EVN) Shiller PE Ratio : 27.43 (As of May. 13, 2024)


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What is Evolution Mining Shiller PE Ratio?

As of today (2024-05-13), Evolution Mining's current share price is A$3.84. Evolution Mining's E10 for the fiscal year that ended in Jun23 was A$0.14. Evolution Mining's Shiller PE Ratio for today is 27.43.

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

ASX:EVN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21   Med: 67.09   Max: 203.33
Current: 26.98

During the past 13 years, Evolution Mining's highest Shiller PE Ratio was 203.33. The lowest was 21.00. And the median was 67.09.

ASX:EVN's Shiller PE Ratio is ranked worse than
57.68% of 371 companies
in the Metals & Mining industry
Industry Median: 23.01 vs ASX:EVN: 26.98

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.

Evolution Mining's adjusted earnings per share data of for the fiscal year that ended in Jun23 was A$0.089. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.14 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evolution Mining Shiller PE Ratio Historical Data

The historical data trend for Evolution Mining'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.

Evolution Mining Shiller PE Ratio Chart

Evolution Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162.62 140.85 71.04 30.95 22.62

Evolution Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 30.95 - 22.62 -

Competitive Comparison of Evolution Mining's Shiller PE Ratio

For the Gold subindustry, Evolution Mining'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.


Evolution Mining's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Evolution Mining's Shiller PE Ratio distribution charts can be found below:

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



Evolution Mining 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.

Evolution Mining's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.84/0.14
=27.43

* 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.

Evolution Mining's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Evolution Mining's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.089/124.1700*124.1700
=0.089

Current CPI (Jun23) = 124.1700.

Evolution Mining Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.063 98.352 0.080
201506 0.132 99.838 0.164
201606 -0.017 100.859 -0.021
201706 0.132 102.809 0.159
201806 0.155 104.945 0.183
201906 0.128 106.617 0.149
202006 0.176 106.246 0.206
202106 0.201 110.332 0.226
202206 0.177 117.112 0.188
202306 0.089 124.170 0.089

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.


Evolution Mining  (ASX:EVN) 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.


Evolution Mining Shiller PE Ratio Related Terms

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Evolution Mining (ASX:EVN) Business Description

Traded in Other Exchanges
Address
175 Liverpool Street, Level 24, Sydney, NSW, AUS, 2000
Evolution Mining is an Australian-based gold miner. It sold around 650,000 ounces of gold in fiscal 2023 from five wholly owned mines in Australia and Canada. Formed in 2011 via the merger of Conquest Mining and Catalpa Resources and the purchase of Newcrest Mining's Mt Rawdon and Cracow mines, Evolution has acquired more mines and sold the generally less attractive, higher-cost mines. Cowal and Mungari were bought in 2015, with an initial interest in Glencore's Ernest Henry mine following in 2016, Red Lake in Canada in 2020, and the rest of Ernest Henry in 2022. It has also agreed to buy an 80% stake in the Northparkes copper and gold mine in New South Wales, likely effective January 2024. It had roughly 13 years of gold reserves at end fiscal 2023.