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Canadian Utilities (TSX:CU) Shiller PE Ratio : 14.08 (As of May. 17, 2024)


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What is Canadian Utilities Shiller PE Ratio?

As of today (2024-05-17), Canadian Utilities's current share price is C$31.83. Canadian Utilities's E10 for the quarter that ended in Mar. 2024 was C$2.26. Canadian Utilities's Shiller PE Ratio for today is 14.08.

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

TSX:CU' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.61   Med: 17.77   Max: 23.42
Current: 14.09

During the past years, Canadian Utilities's highest Shiller PE Ratio was 23.42. The lowest was 12.61. And the median was 17.77.

TSX:CU's Shiller PE Ratio is ranked better than
59.08% of 391 companies
in the Utilities - Regulated industry
Industry Median: 16.22 vs TSX:CU: 14.09

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.

Canadian Utilities's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$2.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Utilities Shiller PE Ratio Historical Data

The historical data trend for Canadian Utilities'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.

Canadian Utilities Shiller PE Ratio Chart

Canadian Utilities 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 17.93 14.56 17.13 16.42 13.99

Canadian Utilities 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 16.53 15.14 12.66 13.99 13.65

Competitive Comparison of Canadian Utilities's Shiller PE Ratio

For the Utilities - Diversified subindustry, Canadian Utilities'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.


Canadian Utilities's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's Shiller PE Ratio distribution charts can be found below:

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



Canadian Utilities 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.

Canadian Utilities's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=31.83/2.26
=14.08

* 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.

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

For example, Canadian Utilities'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)
=0.82/126.2576*126.2576
=0.820

Current CPI (Mar. 2024) = 126.2576.

Canadian Utilities Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.390 99.473 0.495
201409 0.800 99.394 1.016
201412 0.520 98.367 0.667
201503 0.610 99.789 0.772
201506 0.120 100.500 0.151
201509 0.280 100.421 0.352
201512 0.100 99.947 0.126
201603 0.650 101.054 0.812
201606 0.340 102.002 0.421
201609 0.400 101.765 0.496
201612 0.670 101.449 0.834
201703 0.780 102.634 0.960
201706 0.270 103.029 0.331
201709 0.290 103.345 0.354
201712 0.320 103.345 0.391
201803 0.600 105.004 0.721
201806 -0.070 105.557 -0.084
201809 0.680 105.636 0.813
201812 0.870 105.399 1.042
201903 0.730 106.979 0.862
201906 1.030 107.690 1.208
201909 0.990 107.611 1.162
201912 0.490 107.769 0.574
202003 0.520 107.927 0.608
202006 0.210 108.401 0.245
202009 0.270 108.164 0.315
202012 0.320 108.559 0.372
202103 0.460 110.298 0.527
202106 -0.040 111.720 -0.045
202109 0.200 112.905 0.224
202112 0.590 113.774 0.655
202203 0.780 117.646 0.837
202206 0.500 120.806 0.523
202209 0.320 120.648 0.335
202212 0.460 120.964 0.480
202303 1.010 122.702 1.039
202306 0.320 124.203 0.325
202309 0.390 125.230 0.393
202312 0.610 125.072 0.616
202403 0.820 126.258 0.820

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.


Canadian Utilities  (TSX:CU) 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.


Canadian Utilities Shiller PE Ratio Related Terms

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


Canadian Utilities (TSX:CU) Business Description

Address
5302 Forand Street S.W., 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company's main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
Executives
Linda A. Southern-heathcott Director

Canadian Utilities (TSX:CU) Headlines