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Commercial Credit and Finance (COL:COCR.N0000) Shiller PE Ratio : 3.43 (As of May. 30, 2024)


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What is Commercial Credit and Finance Shiller PE Ratio?

As of today (2024-05-30), Commercial Credit and Finance's current share price is රු34.80. Commercial Credit and Finance's E10 for the quarter that ended in Dec. 2023 was රු10.16. Commercial Credit and Finance's Shiller PE Ratio for today is 3.43.

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

COL:COCR.N0000' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.25   Med: 2.91   Max: 4.08
Current: 3.5

During the past years, Commercial Credit and Finance's highest Shiller PE Ratio was 4.08. The lowest was 2.25. And the median was 2.91.

COL:COCR.N0000's Shiller PE Ratio is ranked better than
92.79% of 305 companies
in the Credit Services industry
Industry Median: 14.21 vs COL:COCR.N0000: 3.50

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.

Commercial Credit and Finance's adjusted earnings per share data for the three months ended in Dec. 2023 was රු3.262. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is රු10.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Commercial Credit and Finance Shiller PE Ratio Historical Data

The historical data trend for Commercial Credit and Finance'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.

Commercial Credit and Finance Shiller PE Ratio Chart

Commercial Credit and Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.62

Commercial Credit and Finance 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 2.29 2.62 2.60 3.49 2.86

Competitive Comparison of Commercial Credit and Finance's Shiller PE Ratio

For the Credit Services subindustry, Commercial Credit and Finance'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.


Commercial Credit and Finance's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Commercial Credit and Finance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Commercial Credit and Finance's Shiller PE Ratio falls into.



Commercial Credit and Finance 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.

Commercial Credit and Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.80/10.16
=3.43

* 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.

Commercial Credit and Finance's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Commercial Credit and Finance'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)
=3.262/129.4194*129.4194
=3.262

Current CPI (Dec. 2023) = 129.4194.

Commercial Credit and Finance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.508 99.695 1.958
201406 2.060 100.560 2.651
201409 1.720 100.428 2.217
201412 1.910 99.070 2.495
201503 2.100 99.621 2.728
201506 1.960 100.684 2.519
201509 1.880 100.392 2.424
201512 1.840 99.792 2.386
201603 1.922 100.470 2.476
201606 2.120 101.688 2.698
201609 2.180 101.861 2.770
201612 2.970 101.863 3.773
201703 2.510 102.862 3.158
201706 1.710 103.349 2.141
201709 1.760 104.136 2.187
201712 2.130 104.011 2.650
201803 2.387 105.290 2.934
201806 1.910 106.317 2.325
201809 1.490 106.507 1.811
201812 2.540 105.998 3.101
201903 2.340 107.251 2.824
201906 1.570 108.070 1.880
201909 1.650 108.329 1.971
201912 1.760 108.420 2.101
202003 1.328 108.902 1.578
202006 0.690 108.767 0.821
202009 1.340 109.815 1.579
202012 1.522 109.897 1.792
202103 4.195 111.754 4.858
202106 1.624 114.631 1.834
202109 2.531 115.734 2.830
202112 3.408 117.630 3.750
202203 6.648 121.301 7.093
202206 1.801 125.017 1.864
202209 1.810 125.227 1.871
202212 1.245 125.222 1.287
202303 3.370 127.348 3.425
202306 1.285 128.729 1.292
202309 2.303 129.860 2.295
202312 3.262 129.419 3.262

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.


Commercial Credit and Finance  (COL:COCR.N0000) 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.


Commercial Credit and Finance Shiller PE Ratio Related Terms

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


Commercial Credit and Finance (COL:COCR.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Number 106, Yatinuwara Veediya, Kandy, LKA
Commercial Credit and Finance PLC provides financial services to its customers. The company's services include acceptance of deposits, granting lease facilities, hire purchase, personal loans, microloans, pawning and other credit facilities, real estate development, and related services. Its products consist of fixed deposits, fixed savers, leasing and hire purchases, gold loans, term loans, educational loans, short-term loans, microfinance, investment advice, and factoring. Its segments consist of Finance Lease, Hire Purchase, Microfinance and SME Loans, Gold Loan, Term Loan, Revolving Loans, and Investments. The majority of the revenue is received from the Hire Purchase segment.

Commercial Credit and Finance (COL:COCR.N0000) Headlines

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