GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cornish Metals Inc (TSXV:CUSN) » Definitions » Shiller PE Ratio

Cornish Metals (TSXV:CUSN) Shiller PE Ratio : (As of Jun. 06, 2024)


View and export this data going back to 1982. Start your Free Trial

What is Cornish Metals Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cornish Metals Shiller PE Ratio Historical Data

The historical data trend for Cornish Metals'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.

Cornish Metals Shiller PE Ratio Chart

Cornish Metals Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cornish Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 - - - - -

Competitive Comparison of Cornish Metals's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Cornish Metals'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.


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

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

* The bar in red indicates where Cornish Metals's Shiller PE Ratio falls into.



Cornish Metals 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.

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

For example, Cornish Metals'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)
=-0.005/126.2576*126.2576
=-0.005

Current CPI (Mar. 2024) = 126.2576.

Cornish Metals Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 -0.002 98.920 -0.003
201407 0.002 99.315 0.003
201410 -0.003 99.473 -0.004
201501 -0.008 98.209 -0.010
201504 -0.005 99.710 -0.006
201507 -0.060 100.579 -0.075
201510 -0.004 100.500 -0.005
201601 -0.010 100.184 -0.013
201604 -0.010 101.370 -0.012
201607 -0.004 101.844 -0.005
201610 -0.010 102.002 -0.012
201701 -0.011 102.318 -0.014
201704 -0.010 103.029 -0.012
201707 -0.010 103.029 -0.012
201710 -0.005 103.424 -0.006
201801 -0.010 104.056 -0.012
201804 -0.010 105.320 -0.012
201807 -0.010 106.110 -0.012
201810 0.030 105.952 0.036
201901 -0.007 105.557 -0.008
201904 -0.010 107.453 -0.012
201907 -0.020 108.243 -0.023
201910 -0.002 107.927 -0.002
202001 -0.020 108.085 -0.023
202004 -0.003 107.216 -0.004
202007 -0.003 108.401 -0.003
202010 -0.010 108.638 -0.012
202101 0.000 109.192 0.000
202104 -0.010 110.851 -0.011
202107 0.001 112.431 0.001
202110 -0.004 113.695 -0.004
202201 0.000 114.801 0.000
202204 -0.010 118.357 -0.011
202207 -0.010 120.964 -0.010
202210 -0.001 121.517 -0.001
202301 0.004 121.596 0.004
202304 -0.010 123.571 -0.010
202307 -0.001 124.914 -0.001
202310 -0.001 125.310 -0.001
202403 -0.005 126.258 -0.005

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.


Cornish Metals  (TSXV:CUSN) 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.


Cornish Metals Shiller PE Ratio Related Terms

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


Cornish Metals (TSXV:CUSN) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 960, Vancouver, BC, CAN, V6C 1H2
Cornish Metals Inc is building a portfolio of strategic metals assets in North America and the United Kingdom, and its flagship project is the past-producing South Crofty underground tin mine in Cornwall, UK. South Crofty is arguably the important historical tin mine in the UK and hosts the highest grade tin resources world wide. The project has the potential to be a high-grade tin producer in Europe.
Executives
Richard David Williams Director
Donald Robert Njegovan Director
Patrick Fergus Neill Anderson Director

Cornish Metals (TSXV:CUSN) Headlines

No Headlines