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Composite Alliance Group (TSXV:CAG) Shiller PE Ratio : (As of Jun. 08, 2024)


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What is Composite Alliance Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Composite Alliance Group Shiller PE Ratio Historical Data

The historical data trend for Composite Alliance Group'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.

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Composite Alliance Group Shiller PE Ratio Chart

Composite Alliance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Composite Alliance Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Composite Alliance Group's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Composite Alliance Group'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.


Composite Alliance Group's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Composite Alliance Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Composite Alliance Group's Shiller PE Ratio falls into.



Composite Alliance Group 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.

Composite Alliance Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Composite Alliance Group's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.006/125.0724*125.0724
=-0.006

Current CPI (Dec. 2023) = 125.0724.

Composite Alliance Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.005 98.604 -0.006
201406 -0.008 99.473 -0.010
201409 -0.006 99.394 -0.008
201412 -0.006 98.367 -0.008
201503 -0.006 99.789 -0.008
201506 -0.020 100.500 -0.025
201509 -0.013 100.421 -0.016
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.008 102.002 0.010
201609 0.000 101.765 0.000
201612 -0.001 101.449 -0.001
201703 0.000 102.634 0.000
201706 -0.001 103.029 -0.001
201709 -0.001 103.345 -0.001
201712 -0.008 103.345 -0.010
201803 -0.003 105.004 -0.004
201806 -0.003 105.557 -0.004
201809 0.000 105.636 0.000
201812 -0.024 105.399 -0.028
201903 -0.040 106.979 -0.047
201906 -0.003 107.690 -0.003
201909 0.010 107.611 0.012
201912 0.000 107.769 0.000
202003 -0.010 107.927 -0.012
202006 -0.010 108.401 -0.012
202009 -0.010 108.164 -0.012
202012 0.000 108.559 0.000
202103 -0.003 110.298 -0.003
202106 0.010 111.720 0.011
202109 -0.005 112.905 -0.006
202112 0.003 113.774 0.003
202203 -0.010 117.646 -0.011
202206 -0.010 120.806 -0.010
202209 -0.001 120.648 -0.001
202212 0.016 120.964 0.017
202303 -0.002 122.702 -0.002
202306 -0.020 124.203 -0.020
202309 0.010 125.230 0.010
202312 -0.006 125.072 -0.006

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.


Composite Alliance Group  (TSXV:CAG) 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.


Composite Alliance Group Shiller PE Ratio Related Terms

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Composite Alliance Group (TSXV:CAG) Business Description

Traded in Other Exchanges
N/A
Address
333 - 7th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 2Z1
Composite Alliance Group Inc provides industrial turn-key solutions by designing and manufacturing the machines. It offers machines and processes to fabricate composite materials for the aerospace and automotive industries. Geographically, it operates in Europe, Asia, and North America, out of which a majority of its revenue is from Asia.

Composite Alliance Group (TSXV:CAG) Headlines