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Inmet Mining (FRA:MMC) Shiller PE Ratio : (As of May. 24, 2024)


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What is Inmet Mining Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Inmet Mining Shiller PE Ratio Historical Data

The historical data trend for Inmet 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.

Inmet Mining Shiller PE Ratio Chart

Inmet Mining Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.01 12.24 12.59 9.75 11.92

Inmet Mining Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 9.75 8.36 6.43 7.26 11.92

Competitive Comparison of Inmet Mining's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Inmet 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.


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

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

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



Inmet 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.

Inmet Mining's E10 for the quarter that ended in Dec. 2012 is calculated as:

For example, Inmet Mining's adjusted earnings per share data for the three months ended in Dec. 2012 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2012 (Change)*Current CPI (Dec. 2012)
=0.296/95.7598*95.7598
=0.296

Current CPI (Dec. 2012) = 95.7598.

Inmet Mining Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200303 0.094 81.459 0.111
200306 0.063 80.985 0.074
200309 0.598 81.459 0.703
200312 1.805 81.538 2.120
200403 0.305 82.091 0.356
200406 0.222 83.039 0.256
200409 0.344 82.960 0.397
200412 0.280 83.276 0.322
200503 0.407 83.987 0.464
200506 0.524 84.461 0.594
200509 0.576 85.647 0.644
200512 0.721 85.015 0.812
200603 1.169 85.805 1.305
200606 1.943 86.516 2.151
200609 1.626 86.279 1.805
200612 1.114 86.437 1.234
200703 1.368 87.780 1.492
200706 2.002 88.412 2.168
200709 1.716 88.412 1.859
200712 0.929 88.491 1.005
200803 1.383 88.965 1.489
200806 0.885 91.177 0.929
200809 1.020 91.414 1.068
200812 -0.884 89.518 -0.946
200903 0.643 90.071 0.684
200906 0.836 90.940 0.880
200909 0.700 90.624 0.740
200912 1.115 90.703 1.177
201003 1.027 91.335 1.077
201006 0.667 91.809 0.696
201009 1.132 92.362 1.174
201012 1.981 92.836 2.043
201103 1.695 94.338 1.721
201106 0.616 94.654 0.623
201109 1.023 95.286 1.028
201112 0.563 94.970 0.568
201203 1.046 96.155 1.042
201206 1.076 96.076 1.072
201209 1.296 96.392 1.288
201212 0.296 95.760 0.296

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.


Inmet Mining  (FRA:MMC) 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.


Inmet Mining Shiller PE Ratio Related Terms

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Inmet Mining (FRA:MMC) Business Description

Traded in Other Exchanges
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Address
Website
Inmet Mining Corporation is a Canadian-based global mining company that produces base metals with a focus on copper. It operates and develops underground and open pit mines safely, responsibly and cost effectively. The Company has three operating properties and one development property around the world. Çayeli is an underground mine on the Black Sea coast of northeastern Turkey. It produces copper and zinc concentrates, which are sold to international and domestic smelters and traders. Las Cruces is an open pit mine in southern Spain. Las Cruces uses leaching and electrowinning technology to produce copper cathode which are sold to buyers in the Spanish and Mediterranean markets. Pyhäsalmi is an underground copper and zinc mine in central Finland. It produces copper, zinc and pyrite concentrates. Copper and zinc concentrates are sold under long-term contracts to smelters in Finland. Pyrite is sold under contract to customers in Europe and Asia as well as in the spot market. Cobre Panama is an open pit copper development project in Panama.

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