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Heritage Cannabis Holding (Heritage Cannabis Holding) Shiller PE Ratio : (As of Jun. 09, 2024)


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What is Heritage Cannabis Holding Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Heritage Cannabis Holding Shiller PE Ratio Historical Data

The historical data trend for Heritage Cannabis Holding'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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Heritage Cannabis Holding Shiller PE Ratio Chart

Heritage Cannabis Holding Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
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Heritage Cannabis Holding Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison of Heritage Cannabis Holding's Shiller PE Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Heritage Cannabis Holding'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.


Heritage Cannabis Holding's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Heritage Cannabis Holding's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Heritage Cannabis Holding's Shiller PE Ratio falls into.



Heritage Cannabis Holding 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.

Heritage Cannabis Holding's E10 for the quarter that ended in Oct. 2023 is calculated as:

For example, Heritage Cannabis Holding's adjusted earnings per share data for the three months ended in Oct. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=-0.007/125.3095*125.3095
=-0.007

Current CPI (Oct. 2023) = 125.3095.

Heritage Cannabis Holding Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201401 -0.009 97.261 -0.012
201404 -0.002 98.920 -0.003
201407 -0.001 99.315 -0.001
201410 -0.036 99.473 -0.045
201501 -0.002 98.209 -0.003
201504 -0.008 99.710 -0.010
201507 -0.008 100.579 -0.010
201510 -0.008 100.500 -0.010
201601 -0.007 100.184 -0.009
201604 -0.003 101.370 -0.004
201607 -0.008 101.844 -0.010
201610 0.000 102.002 0.000
201701 -0.001 102.318 -0.001
201704 -0.007 103.029 -0.009
201707 -0.008 103.029 -0.010
201710 0.016 103.424 0.019
201801 -0.008 104.056 -0.010
201804 -0.008 105.320 -0.010
201807 -0.008 106.110 -0.009
201810 0.000 105.952 0.000
201901 -0.008 105.557 -0.009
201904 -0.007 107.453 -0.008
201907 -0.008 108.243 -0.009
201910 0.000 107.927 0.000
202001 -0.008 108.085 -0.009
202004 -0.003 107.216 -0.004
202007 0.000 108.401 0.000
202010 -0.008 108.638 -0.009
202101 -0.008 109.192 -0.009
202104 -0.008 110.851 -0.009
202107 -0.008 112.431 -0.009
202110 -0.048 113.695 -0.053
202201 0.008 114.801 0.009
202204 0.000 118.357 0.000
202207 -0.002 120.964 -0.002
202210 -0.024 121.517 -0.025
202301 -0.002 121.596 -0.002
202304 -0.002 123.571 -0.002
202307 -0.001 124.914 -0.001
202310 -0.007 125.310 -0.007

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.


Heritage Cannabis Holding  (OTCPK:HERTF) 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.


Heritage Cannabis Holding Shiller PE Ratio Related Terms

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Heritage Cannabis Holding (Heritage Cannabis Holding) Business Description

Traded in Other Exchanges
Address
77 Bloor Street West, Suite 600, Toronto, ON, CAN, M5S 1M2
Heritage Cannabis Holding Corp is a Canada based holding company, operating in the vertically integrated cannabis business. It cultivates, sells, and distributes medical cannabis and marijuana. The group derives revenue from the sale of goods and provision of services.

Heritage Cannabis Holding (Heritage Cannabis Holding) Headlines

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