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Perseus Mining (TSX:PRU) Shiller PE Ratio : 44.60 (As of May. 22, 2024)


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What is Perseus Mining Shiller PE Ratio?

As of today (2024-05-22), Perseus Mining's current share price is C$2.23. Perseus Mining's E10 for the fiscal year that ended in Jun23 was C$0.05. Perseus Mining's Shiller PE Ratio for today is 44.60.

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

TSX:PRU' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.5   Med: 52.75   Max: 156.5
Current: 37.85

During the past 13 years, Perseus Mining's highest Shiller PE Ratio was 156.50. The lowest was 25.50. And the median was 52.75.

TSX:PRU's Shiller PE Ratio is ranked worse than
68.18% of 374 companies
in the Metals & Mining industry
Industry Median: 23.25 vs TSX:PRU: 37.85

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.

Perseus Mining's adjusted earnings per share data of for the fiscal year that ended in Jun23 was C$0.272. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.05 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Perseus Mining Shiller PE Ratio Historical Data

The historical data trend for Perseus Mining'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.

Perseus Mining Shiller PE Ratio Chart

Perseus Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 126.18 43.41 39.37 26.24

Perseus Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 39.37 - 26.24 -

Competitive Comparison of Perseus Mining's Shiller PE Ratio

For the Gold subindustry, Perseus Mining'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.


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

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

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



Perseus Mining 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.

Perseus Mining's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.23/0.05
=44.60

* 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.

Perseus Mining's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Perseus Mining's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.272/124.1700*124.1700
=0.272

Current CPI (Jun23) = 124.1700.

Perseus Mining Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.065 98.352 -0.082
201506 0.154 99.838 0.192
201606 -0.055 100.859 -0.068
201706 -0.076 102.809 -0.092
201806 -0.024 104.945 -0.028
201906 0.005 106.617 0.006
202006 0.073 106.246 0.085
202106 0.086 110.332 0.097
202206 0.162 117.112 0.172
202306 0.272 124.170 0.272

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.


Perseus Mining  (TSX:PRU) 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.


Perseus Mining Shiller PE Ratio Related Terms

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Perseus Mining (TSX:PRU) Business Description

Traded in Other Exchanges
Address
437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008
Perseus Mining in an Australian-based gold miner. It sold around 540,000 ounces of gold in fiscal 2023 from its three majority-owned mines in West Africa. Founded in 2004, Perseus purchased all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 70%-owned Meyas Sand gold project in Sudan in 2022. Excluding Meyas Sand, where development is on hold due to armed conflict in Sudan, the company had about five years of reserves at the end of fiscal 2023.