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CI Financial (FRA:CF7) Shiller PE Ratio : 7.22 (As of May. 29, 2024)


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What is CI Financial Shiller PE Ratio?

As of today (2024-05-29), CI Financial's current share price is €9.75. CI Financial's E10 for the quarter that ended in Mar. 2024 was €1.35. CI Financial's Shiller PE Ratio for today is 7.22.

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

FRA:CF7' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.35   Med: 12.74   Max: 25.78
Current: 7.13

During the past years, CI Financial's highest Shiller PE Ratio was 25.78. The lowest was 5.35. And the median was 12.74.

FRA:CF7's Shiller PE Ratio is ranked better than
85.34% of 757 companies
in the Asset Management industry
Industry Median: 12.9 vs FRA:CF7: 7.13

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.

CI Financial's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CI Financial Shiller PE Ratio Historical Data

The historical data trend for CI Financial'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.

CI Financial Shiller PE Ratio Chart

CI Financial 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 11.49 7.93 12.41 5.95 6.92

CI Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.62 6.59 6.89 6.92 8.60

Competitive Comparison of CI Financial's Shiller PE Ratio

For the Asset Management subindustry, CI Financial'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.


CI Financial's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CI Financial's Shiller PE Ratio distribution charts can be found below:

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



CI Financial 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.

CI Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.75/1.35
=7.22

* 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.

CI Financial's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, CI Financial's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.68/126.2576*126.2576
=-0.680

Current CPI (Mar. 2024) = 126.2576.

CI Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.306 99.473 0.388
201409 0.338 99.394 0.429
201412 0.345 98.367 0.443
201503 0.373 99.789 0.472
201506 0.360 100.500 0.452
201509 0.343 100.421 0.431
201512 0.308 99.947 0.389
201603 0.285 101.054 0.356
201606 0.324 102.002 0.401
201609 0.347 101.765 0.431
201612 0.320 101.449 0.398
201703 0.384 102.634 0.472
201706 0.281 103.029 0.344
201709 0.410 103.345 0.501
201712 0.337 103.345 0.412
201803 0.370 105.004 0.445
201806 0.391 105.557 0.468
201809 0.408 105.636 0.488
201812 0.373 105.399 0.447
201903 0.384 106.979 0.453
201906 0.313 107.690 0.367
201909 0.411 107.611 0.482
201912 0.444 107.769 0.520
202003 0.350 107.927 0.409
202006 0.360 108.401 0.419
202009 0.391 108.164 0.456
202012 0.321 108.559 0.373
202103 0.394 110.298 0.451
202106 0.387 111.720 0.437
202109 0.148 112.905 0.166
202112 0.429 113.774 0.476
202203 0.502 117.646 0.539
202206 0.598 120.806 0.625
202209 0.061 120.648 0.064
202212 -0.021 120.964 -0.022
202303 0.109 122.702 0.112
202306 0.195 124.203 0.198
202309 -0.055 125.230 -0.055
202312 -0.273 125.072 -0.276
202403 -0.680 126.258 -0.680

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.


CI Financial  (FRA:CF7) 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.


CI Financial Shiller PE Ratio Related Terms

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


CI Financial (FRA:CF7) Business Description

Traded in Other Exchanges
Address
15 York Street, 2nd Floor, Legal Department, Toronto, ON, CAN, M5J 0A3
CI Financial is a diversified provider of wealth management products and services, primarily in the Canadian market. The company had CAD 119.0 billion in core assets under management, another CAD 278.5 billion in wealth management assets under advisement, and CAD 23.4 billion in assets under custody at the end of September 2023, making it one of the largest nonbank affiliated asset managers in Canada. The company operates its fund business through CI Global Asset Management, which offers a broad selection of investment funds. On the wealth management side, the company operates through CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, as well as a large group of acquired U.S.-based advisors, providing financial advice primarily to high-net-worth clients.

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