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Tier One Capital LP (XCNQ:TLP.UN) Shiller PE Ratio : (As of Jun. 09, 2024)


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What is Tier One Capital LP Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tier One Capital LP Shiller PE Ratio Historical Data

The historical data trend for Tier One Capital LP'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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Tier One Capital LP Shiller PE Ratio Chart

Tier One Capital LP Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Tier One Capital LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Tier One Capital LP's Shiller PE Ratio

For the Asset Management subindustry, Tier One Capital LP'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.


Tier One Capital LP's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tier One Capital LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tier One Capital LP's Shiller PE Ratio falls into.



Tier One Capital LP 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.

Tier One Capital LP's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Tier One Capital LP'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)
=0.06/126.2576*126.2576
=0.060

Current CPI (Mar. 2024) = 126.2576.

Tier One Capital LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.180 98.604 -0.230
201406 0.000 99.473 0.000
201409 0.080 99.394 0.102
201503 0.130 99.789 0.164
201506 0.180 100.500 0.226
201509 0.450 100.421 0.566
201512 -0.890 99.947 -1.124
201603 0.140 101.054 0.175
201606 -0.120 102.002 -0.149
201609 -0.250 101.765 -0.310
201612 0.300 101.449 0.373
201703 0.190 102.634 0.234
201706 0.034 103.029 0.042
201709 0.140 103.345 0.171
201712 -0.810 103.345 -0.990
201803 -0.280 105.004 -0.337
201806 -0.030 105.557 -0.036
201809 -0.080 105.636 -0.096
201812 -1.490 105.399 -1.785
201903 -0.060 106.979 -0.071
201906 0.210 107.690 0.246
201909 0.370 107.611 0.434
201912 -0.110 107.769 -0.129
202003 0.030 107.927 0.035
202006 -0.120 108.401 -0.140
202009 0.380 108.164 0.444
202012 -0.350 108.559 -0.407
202103 0.030 110.298 0.034
202106 0.870 111.720 0.983
202109 1.210 112.905 1.353
202112 -0.074 113.774 -0.082
202203 -0.100 117.646 -0.107
202206 0.050 120.806 0.052
202209 -0.540 120.648 -0.565
202212 -0.144 120.964 -0.150
202303 0.004 122.702 0.004
202306 -0.160 124.203 -0.163
202309 0.330 125.230 0.333
202312 -0.143 125.072 -0.144
202403 0.060 126.258 0.060

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.


Tier One Capital LP  (XCNQ:TLP.UN) 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.


Tier One Capital LP Shiller PE Ratio Related Terms

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Tier One Capital LP (XCNQ:TLP.UN) Business Description

Traded in Other Exchanges
N/A
Address
56 The Esplanade, Suite 503, Toronto, ON, CAN, M5E 1A7
Tier One Capital LP invests in the debt securities of eligible businesses which have the potential for long-term growth. It invests in different sectors such as Media Technology, Health Care Information Technology, Security Software and Services, Other Technology and Financial, and Energy.

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