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Themac Resources Group (Themac Resources Group) Shiller PE Ratio : (As of Jun. 10, 2024)


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What is Themac Resources Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Themac Resources Group Shiller PE Ratio Historical Data

The historical data trend for Themac Resources 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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Themac Resources Group Shiller PE Ratio Chart

Themac Resources Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
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Themac Resources Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Themac Resources Group's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Themac Resources 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.


Themac Resources Group's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Themac Resources Group's Shiller PE Ratio falls into.



Themac Resources 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.

Themac Resources Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Themac Resources Group'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)
=-0.03/125.0724*125.0724
=-0.030

Current CPI (Dec. 2023) = 125.0724.

Themac Resources Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.027 98.604 -0.034
201406 -0.028 99.473 -0.035
201409 -0.027 99.394 -0.034
201412 -0.026 98.367 -0.033
201503 -0.024 99.789 -0.030
201506 -0.024 100.500 -0.030
201509 -0.023 100.421 -0.029
201512 -0.022 99.947 -0.028
201603 -0.023 101.054 -0.028
201606 -0.023 102.002 -0.028
201609 -0.023 101.765 -0.028
201612 -0.022 101.449 -0.027
201703 -0.022 102.634 -0.027
201706 -0.023 103.029 -0.028
201709 -0.024 103.345 -0.029
201712 -0.023 103.345 -0.028
201803 -0.023 105.004 -0.027
201806 -0.023 105.557 -0.027
201809 -0.023 105.636 -0.027
201812 -0.030 105.399 -0.036
201903 -0.022 106.979 -0.026
201906 -0.023 107.690 -0.027
201909 -0.030 107.611 -0.035
201912 -0.030 107.769 -0.035
202003 -0.029 107.927 -0.034
202006 -0.022 108.401 -0.025
202009 -0.030 108.164 -0.035
202012 -0.031 108.559 -0.036
202103 -0.032 110.298 -0.036
202106 -0.033 111.720 -0.037
202109 -0.032 112.905 -0.035
202112 -0.031 113.774 -0.034
202203 -0.032 117.646 -0.034
202206 -0.031 120.806 -0.032
202209 -0.030 120.648 -0.031
202212 -0.029 120.964 -0.030
202303 -0.029 122.702 -0.030
202306 -0.032 124.203 -0.032
202309 -0.030 125.230 -0.030
202312 -0.030 125.072 -0.030

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.


Themac Resources Group  (OTCPK:MACQF) 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.


Themac Resources Group Shiller PE Ratio Related Terms

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Themac Resources Group (Themac Resources Group) Business Description

Traded in Other Exchanges
Address
1500 - 409 Granville Street, Vancouver, BC, CAN, V6C 1T2
Themac Resources Group Ltd is a mineral exploration company. It is engaged in the business of acquiring, exploring, and developing natural resource properties. Its project includes the Copper flat mine. The Copper Flat Project is in the historic Hillsboro mining district of New Mexico, United States of America.

Themac Resources Group (Themac Resources Group) Headlines

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