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TG Venture Acquisition does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate Shiller PE Ratio for this company.
The historical data trend for TG Venture Acquisition'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.
TG Venture Acquisition Annual Data | |||||
Trend | Dec21 | Dec22 | |||
Shiller PE Ratio | - | - |
TG Venture Acquisition Quarterly Data | |||||||||||
Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Shiller PE Ratio | Get a 7-Day Free Trial | - | - | - | - | - |
For the Shell Companies subindustry, TG Venture Acquisition'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.
For the Diversified Financial Services industry and Financial Services sector, TG Venture Acquisition's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where TG Venture Acquisition's Shiller PE Ratio falls into.
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.
TG Venture Acquisition does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate Shiller PE Ratio for this company.
TG Venture Acquisition (NAS:TGVC) 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.
Thank you for viewing the detailed overview of TG Venture Acquisition's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Wolverine Asset Management Llc | 10 percent owner | 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604 |
High Income Securities Fund | 10 percent owner | US BANCORP FUND SERVICES LLC, 615 EAST MICHIGAN STREET, MILWAUKEE WI 53202 |
Special Opportunities Fund, Inc. | 10 percent owner | C/O US BANCORP FUND SERVICES, LLC, 615 EAST MICHIGAN AVENUE, MILWAUKEE WI 53202 |
Phillip Goldstein | 10 percent owner | 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570 |
Andrew Dakos | 10 percent owner | 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663 |
Investors, Llp Bulldog | 10 percent owner | PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663 |
Patrick Tsang | director, 10 percent owner, officer: Chairman and CEO | WICKHAMS CARY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000 |
Philip Benedict Rettger | director, officer: CFO | PO BOX 605, KETTLE FALLS, WASHINGTON WA 99141 |
Ma Jason Cheng Yuen | director | 2121 AVENUE OF THE STARS,, SUITE 2320, LOS ANGELES CA 90067 |
Komal Ahmad | director | 300 BERRY STREET, #1313, SAN FRANCISCO CA 94158 |
Michael Lewis Alexander | director | SUITE 1975, LEVEL 19, TWO IFC,, 8 FINANCE STREET, HONG KONG F4 00000 |
Tsangs Group Holdings Ltd | 10 percent owner | ROOM 6801, 68TH FLOOR,, 99 QUEENS ROAD CENTRAL, CENTRAL,, HONG KONG F4 999077 |
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