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SSR Mining (TSX:SSRM) Shiller PE Ratio : 119.50 (As of May. 12, 2024)


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What is SSR Mining Shiller PE Ratio?

As of today (2024-05-12), SSR Mining's current share price is C$7.17. SSR Mining's E10 for the quarter that ended in Mar. 2024 was C$0.06. SSR Mining's Shiller PE Ratio for today is 119.50.

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

TSX:SSRM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.57   Med: 86.74   Max: 702.5
Current: 114.46

During the past years, SSR Mining's highest Shiller PE Ratio was 702.50. The lowest was 11.57. And the median was 86.74.

TSX:SSRM's Shiller PE Ratio is ranked worse than
62.97% of 370 companies
in the Metals & Mining industry
Industry Median: 23.345 vs TSX:SSRM: 114.46

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.

SSR Mining's adjusted earnings per share data for the three months ended in Mar. 2024 was C$-1.922. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSR Mining Shiller PE Ratio Historical Data

The historical data trend for SSR 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.

SSR Mining Shiller PE Ratio Chart

SSR Mining 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 111.80 - - - 60.99

SSR Mining 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 - 49.07 42.93 60.99 96.26

Competitive Comparison of SSR Mining's Shiller PE Ratio

For the Gold subindustry, SSR 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.


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

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

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



SSR 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.

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

Shiller PE Ratio=Share Price/ E10
=7.17/0.06
=119.50

* 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.

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

For example, SSR Mining'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)
=-1.922/129.4194*129.4194
=-1.922

Current CPI (Mar. 2024) = 129.4194.

SSR Mining Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.141 100.560 -0.181
201409 -0.242 100.428 -0.312
201412 -1.234 99.070 -1.612
201503 0.139 99.621 0.181
201506 -0.111 100.684 -0.143
201509 -0.982 100.392 -1.266
201512 -1.138 99.792 -1.476
201603 0.040 100.470 0.052
201606 0.168 101.688 0.214
201609 0.406 101.861 0.516
201612 0.120 101.863 0.152
201703 0.161 102.862 0.203
201706 0.412 103.349 0.516
201709 0.012 104.136 0.015
201712 0.166 104.011 0.207
201803 -0.013 105.290 -0.016
201806 0.053 106.317 0.065
201809 0.065 106.507 0.079
201812 -0.040 105.998 -0.049
201903 0.067 107.251 0.081
201906 0.120 108.070 0.144
201909 0.225 108.329 0.269
201912 0.619 108.420 0.739
202003 0.265 108.902 0.315
202006 -0.068 108.767 -0.081
202009 0.251 109.815 0.296
202012 0.653 109.897 0.769
202103 0.603 111.754 0.698
202106 0.403 114.631 0.455
202109 0.329 115.734 0.368
202112 0.730 117.630 0.803
202203 0.392 121.301 0.418
202206 0.346 125.017 0.358
202209 -0.160 125.227 -0.165
202212 0.584 125.222 0.604
202303 0.192 127.348 0.195
202306 0.465 128.729 0.467
202309 0.095 129.860 0.095
202312 -1.422 129.419 -1.422
202403 -1.922 129.419 -1.922

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.


SSR Mining  (TSX:SSRM) 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.


SSR Mining Shiller PE Ratio Related Terms

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SSR Mining (TSX:SSRM) Business Description

Traded in Other Exchanges
Address
6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.

SSR Mining (TSX:SSRM) Headlines