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International Petroleum (TSX:IPCO) Shiller PE Ratio : 34.64 (As of May. 13, 2024)


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What is International Petroleum Shiller PE Ratio?

As of today (2024-05-13), International Petroleum's current share price is C$18.36. International Petroleum's E10 for the fiscal year that ended in Dec23 was C$0.53. International Petroleum's Shiller PE Ratio for today is 34.64.

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

TSX:IPCO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.36   Med: 28.64   Max: 34.87
Current: 34.87

During the past 10 years, International Petroleum's highest Shiller PE Ratio was 34.87. The lowest was 27.36. And the median was 28.64.

TSX:IPCO's Shiller PE Ratio is ranked worse than
79.81% of 421 companies
in the Oil & Gas industry
Industry Median: 17.86 vs TSX:IPCO: 34.87

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.

International Petroleum's adjusted earnings per share data of for the fiscal year that ended in Dec23 was C$1.717. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.53 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Petroleum Shiller PE Ratio Historical Data

The historical data trend for International Petroleum'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.

International Petroleum Shiller PE Ratio Chart

International Petroleum 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 - - - - 29.95

International Petroleum 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 - - - 29.95 -

Competitive Comparison of International Petroleum's Shiller PE Ratio

For the Oil & Gas E&P subindustry, International Petroleum'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.


International Petroleum's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, International Petroleum's Shiller PE Ratio distribution charts can be found below:

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



International Petroleum 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.

International Petroleum's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.36/0.53
=34.64

* 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.

International Petroleum's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, International Petroleum's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.717/125.4675*125.4675
=1.717

Current CPI (Dec23) = 125.4675.

International Petroleum Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.674 98.367 0.860
201512 -2.194 99.947 -2.754
201612 -1.120 101.449 -1.385
201712 0.294 103.345 0.357
201812 1.505 105.399 1.792
201912 0.816 107.769 0.950
202012 -0.640 108.559 -0.740
202112 1.178 113.774 1.299
202212 3.057 120.964 3.171
202312 1.717 125.468 1.717

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.


International Petroleum  (TSX:IPCO) 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.


International Petroleum Shiller PE Ratio Related Terms

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International Petroleum (TSX:IPCO) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
International Petroleum Corp is an international oil and gas exploration and production company. It is engaged in the exploration, development, and production of oil and gas. Geographically, the company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. It is based in Canada and derives revenue from the sales of gas, crude oil, and natural gas liquids, of which key revenue is derived from the sales of crude oil.

International Petroleum (TSX:IPCO) Headlines

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