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Southern Cross Media Group (ASX:SXL) Shiller PE Ratio : (As of Jun. 09, 2024)


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What is Southern Cross Media Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Cross Media Group Shiller PE Ratio Historical Data

The historical data trend for Southern Cross Media Group'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.

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Southern Cross Media Group Shiller PE Ratio Chart

Southern Cross Media Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
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Southern Cross Media Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Southern Cross Media Group's Shiller PE Ratio

For the Entertainment subindustry, Southern Cross Media Group'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.


Southern Cross Media Group's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Southern Cross Media Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Southern Cross Media Group's Shiller PE Ratio falls into.



Southern Cross Media Group 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.

Southern Cross Media Group's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Southern Cross Media Group'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)
=0.076/124.1700*124.1700
=0.076

Current CPI (Jun23) = 124.1700.

Southern Cross Media Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -2.984 98.352 -3.767
201506 -2.791 99.838 -3.471
201606 0.718 100.859 0.884
201706 1.000 102.809 1.208
201806 0.014 104.945 0.017
201906 -0.844 106.617 -0.983
202006 0.177 106.246 0.207
202106 0.182 110.332 0.205
202206 -0.583 117.112 -0.618
202306 0.076 124.170 0.076

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.


Southern Cross Media Group  (ASX:SXL) 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.


Southern Cross Media Group Shiller PE Ratio Related Terms

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Southern Cross Media Group (ASX:SXL) Business Description

Traded in Other Exchanges
N/A
Address
101 Moray Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205
Southern Cross Media broadcasts television and radio content across Australia and generates revenue and earnings mainly from sales of airtime to advertisers. In metropolitan areas, it runs two radio networks (Hit and Triple M). In regional areas, the company runs a portfolio of radio stations and television stations. It is also investing in digital audio, which has fast-growing audiences.

Southern Cross Media Group (ASX:SXL) Headlines

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