GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Cleanaway Waste Management Ltd (ASX:CWY) » Definitions » Shiller PE Ratio

Cleanaway Waste Management (ASX:CWY) Shiller PE Ratio : 69.50 (As of May. 25, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Cleanaway Waste Management Shiller PE Ratio?

As of today (2024-05-25), Cleanaway Waste Management's current share price is A$2.78. Cleanaway Waste Management's E10 for the fiscal year that ended in Jun23 was A$0.04. Cleanaway Waste Management's Shiller PE Ratio for today is 69.50.

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

ASX:CWY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 56.75   Med: 121   Max: 162
Current: 65.31

During the past 13 years, Cleanaway Waste Management's highest Shiller PE Ratio was 162.00. The lowest was 56.75. And the median was 121.00.

ASX:CWY's Shiller PE Ratio is ranked worse than
86.87% of 99 companies
in the Waste Management industry
Industry Median: 21.48 vs ASX:CWY: 65.31

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.

Cleanaway Waste Management's adjusted earnings per share data of for the fiscal year that ended in Jun23 was A$0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.04 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cleanaway Waste Management Shiller PE Ratio Historical Data

The historical data trend for Cleanaway Waste Management'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.

Cleanaway Waste Management Shiller PE Ratio Chart

Cleanaway Waste Management 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 - - 155.72 121.95 63.59

Cleanaway Waste Management 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 - 121.95 - 63.59 -

Competitive Comparison of Cleanaway Waste Management's Shiller PE Ratio

For the Waste Management subindustry, Cleanaway Waste Management'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.


Cleanaway Waste Management's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Waste Management's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cleanaway Waste Management's Shiller PE Ratio falls into.



Cleanaway Waste Management 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.

Cleanaway Waste Management's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.78/0.04
=69.50

* 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.

Cleanaway Waste Management's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Cleanaway Waste Management'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)
=0.01/124.1700*124.1700
=0.010

Current CPI (Jun23) = 124.1700.

Cleanaway Waste Management Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.007 98.352 0.009
201506 -0.015 99.838 -0.019
201606 0.028 100.859 0.034
201706 0.044 102.809 0.053
201806 0.056 104.945 0.066
201906 0.060 106.617 0.070
202006 0.055 106.246 0.064
202106 0.070 110.332 0.079
202206 0.038 117.112 0.040
202306 0.010 124.170 0.010

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.


Cleanaway Waste Management  (ASX:CWY) 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.


Cleanaway Waste Management Shiller PE Ratio Related Terms

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


Cleanaway Waste Management (ASX:CWY) Business Description

Traded in Other Exchanges
Address
441 St Kilda Road, Level 4, Melbourne, VIC, AUS, 3004
Cleanaway Waste Management is Australia's largest waste management business with a national footprint spanning collection, midstream waste processing, treatment, and valorization, and downstream waste disposal. Cleanaway is active in municipal and commercial and industrial, or C&I, waste stream segments and in nonhazardous and hazardous liquid waste and medical waste streams following the acquisition of Toxfree in fiscal 2018. While Cleanaway is allocating greater capital to midstream waste processing and treatment, earnings remain skewed toward waste collection. Cleanaway is particularly strong in C&I and municipal waste collection with strong market share in all large Australian metro waste collection market.

Cleanaway Waste Management (ASX:CWY) Headlines

No Headlines