GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MAG Silver Corp (STU:MQ8) » Definitions » Shiller PE Ratio

MAG Silver (STU:MQ8) Shiller PE Ratio : (As of Jun. 08, 2024)


View and export this data going back to 2009. Start your Free Trial

What is MAG Silver Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MAG Silver Shiller PE Ratio Historical Data

The historical data trend for MAG Silver'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.

MAG Silver Shiller PE Ratio Chart

MAG Silver 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 - - - - -

MAG Silver 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 - - - - -

Competitive Comparison of MAG Silver's Shiller PE Ratio

For the Silver subindustry, MAG Silver'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.


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

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

* The bar in red indicates where MAG Silver's Shiller PE Ratio falls into.



MAG Silver 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.

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

For example, MAG Silver'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)
=0.129/126.2576*126.2576
=0.129

Current CPI (Mar. 2024) = 126.2576.

MAG Silver Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.022 99.473 -0.028
201409 -0.039 99.394 -0.050
201412 -0.114 98.367 -0.146
201503 -0.037 99.789 -0.047
201506 -0.027 100.500 -0.034
201509 -0.027 100.421 -0.034
201512 -0.129 99.947 -0.163
201603 -0.018 101.054 -0.022
201606 -0.027 102.002 -0.033
201609 -0.018 101.765 -0.022
201612 -0.607 101.449 -0.755
201703 -0.004 102.634 -0.005
201706 -0.018 103.029 -0.022
201709 -0.008 103.345 -0.010
201712 -0.042 103.345 -0.051
201803 0.002 105.004 0.002
201806 -0.026 105.557 -0.031
201809 0.009 105.636 0.011
201812 -0.044 105.399 -0.053
201903 -0.009 106.979 -0.011
201906 -0.009 107.690 -0.011
201909 -0.018 107.611 -0.021
201912 -0.009 107.769 -0.011
202003 -0.154 107.927 -0.180
202006 0.009 108.401 0.010
202009 -0.001 108.164 -0.001
202012 0.058 108.559 0.067
202103 -0.034 110.298 -0.039
202106 0.025 111.720 0.028
202109 -0.017 112.905 -0.019
202112 0.080 113.774 0.089
202203 0.027 117.646 0.029
202206 0.076 120.806 0.079
202209 0.081 120.648 0.085
202212 -0.009 120.964 -0.009
202303 0.047 122.702 0.048
202306 0.175 124.203 0.178
202309 0.084 125.230 0.085
202312 0.138 125.072 0.139
202403 0.129 126.258 0.129

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.


MAG Silver  (STU:MQ8) 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.


MAG Silver Shiller PE Ratio Related Terms

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


MAG Silver (STU:MQ8) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 2V6
MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in prloject in Utah.

MAG Silver (STU:MQ8) Headlines

No Headlines