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Cogeco (TSX:CGO) Shiller PE Ratio : 7.41 (As of May. 08, 2024)


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What is Cogeco Shiller PE Ratio?

As of today (2024-05-08), Cogeco's current share price is C$53.69. Cogeco's E10 for the quarter that ended in Feb. 2024 was C$7.25. Cogeco's Shiller PE Ratio for today is 7.41.

The historical rank and industry rank for Cogeco's Shiller PE Ratio or its related term are showing as below:

TSX:CGO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.45   Med: 21.4   Max: 43.08
Current: 7.26

During the past years, Cogeco's highest Shiller PE Ratio was 43.08. The lowest was 6.45. And the median was 21.40.

TSX:CGO's Shiller PE Ratio is ranked better than
84.79% of 217 companies
in the Telecommunication Services industry
Industry Median: 14.6 vs TSX:CGO: 7.26

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Cogeco's adjusted earnings per share data for the three months ended in Feb. 2024 was C$2.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$7.25 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cogeco Shiller PE Ratio Historical Data

The historical data trend for Cogeco'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.

Cogeco Shiller PE Ratio Chart

Cogeco Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.17 16.20 15.08 9.21 7.04

Cogeco Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 8.42 7.73 7.04 6.55 7.92

Competitive Comparison of Cogeco's Shiller PE Ratio

For the Telecom Services subindustry, Cogeco'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.


Cogeco's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco's Shiller PE Ratio distribution charts can be found below:

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



Cogeco 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.

Cogeco's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=53.69/7.25
=7.41

* 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.

Cogeco's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, Cogeco's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=2.3/125.4675*125.4675
=2.300

Current CPI (Feb. 2024) = 125.4675.

Cogeco Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.680 99.394 0.858
201408 0.940 99.315 1.188
201411 1.590 99.078 2.013
201502 0.880 99.078 1.114
201505 1.340 100.263 1.677
201508 1.500 100.579 1.871
201511 1.500 100.421 1.874
201602 1.980 100.421 2.474
201605 -7.030 101.765 -8.667
201608 1.790 101.686 2.209
201611 1.830 101.607 2.260
201702 1.540 102.476 1.886
201705 1.800 103.108 2.190
201708 1.350 103.108 1.643
201711 1.780 103.740 2.153
201802 2.820 104.688 3.380
201805 1.520 105.399 1.809
201808 1.530 106.031 1.810
201811 1.600 105.478 1.903
201902 1.570 106.268 1.854
201905 3.680 107.927 4.278
201908 1.950 108.085 2.264
201911 1.940 107.769 2.259
202002 2.180 108.559 2.520
202005 1.940 107.532 2.264
202008 1.920 108.243 2.226
202011 2.530 108.796 2.918
202102 2.110 109.745 2.412
202105 2.160 111.404 2.433
202108 2.070 112.668 2.305
202111 2.410 113.932 2.654
202202 2.290 115.986 2.477
202205 2.370 120.016 2.478
202208 2.300 120.569 2.393
202211 2.670 121.675 2.753
202302 2.150 122.070 2.210
202305 -2.220 124.045 -2.245
202308 1.870 125.389 1.871
202311 2.210 125.468 2.210
202402 2.300 125.468 2.300

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.


Cogeco  (TSX:CGO) 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.


Cogeco Shiller PE Ratio Related Terms

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


Cogeco (TSX:CGO) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Bureau 3301, Montreal, QC, CAN, H3B 3N2
Cogeco Inc is a telecommunications company. The company has operating segments, namely Canadian broadband services, American broadband services and Others. The Canadian and American broadband services segments provide a wide range of Internet, video, and telephony services primarily to residential customers, as well as business services across their coverage areas. The Canadian broadband services activities are carried out by Cogeco Connexion in the provinces of Quebec and Ontario and the American broadband services activities are carried out by Atlantic Broadband in 12 states.