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Findev (FRA:0T41) Shiller PE Ratio : (As of Nov. 13, 2024)


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What is Findev Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Findev Shiller PE Ratio Historical Data

The historical data trend for Findev'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.

Findev Shiller PE Ratio Chart

Findev Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Findev Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.47 - - 202.43 13.55

Competitive Comparison of Findev's Shiller PE Ratio

For the Mortgage Finance subindustry, Findev'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.


Findev's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Findev's Shiller PE Ratio distribution charts can be found below:

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



Findev 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.

Findev's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Findev's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/127.5217*127.5217
=0.000

Current CPI (Jun. 2024) = 127.5217.

Findev Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 -0.495 99.394 -0.635
201408 -0.262 99.315 -0.336
201411 -0.009 99.078 -0.012
201502 0.095 99.078 0.122
201505 -0.323 100.263 -0.411
201508 0.950 100.579 1.204
201511 -0.126 100.421 -0.160
201602 -0.046 100.421 -0.058
201605 0.097 101.765 0.122
201608 -0.007 101.686 -0.009
201703 0.000 102.634 0.000
201706 0.006 103.029 0.007
201709 0.007 103.345 0.009
201712 0.020 103.345 0.025
201803 0.006 105.004 0.007
201806 0.007 105.557 0.008
201809 0.007 105.636 0.008
201812 0.007 105.399 0.008
201903 0.013 106.979 0.015
201906 0.007 107.690 0.008
201909 0.007 107.611 0.008
201912 0.014 107.769 0.017
202003 0.019 107.927 0.022
202006 0.013 108.401 0.015
202009 0.010 108.164 0.012
202012 0.013 108.559 0.015
202103 0.013 110.298 0.015
202106 0.000 111.720 0.000
202109 0.000 112.905 0.000
202112 0.000 113.774 0.000
202203 0.000 117.646 0.000
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 0.000 120.964 0.000
202303 0.000 122.702 0.000
202306 0.000 124.203 0.000
202309 0.000 125.230 0.000
202312 0.000 125.072 0.000
202403 0.000 126.258 0.000
202406 0.000 127.522 0.000

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.


Findev  (FRA:0T41) 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.


Findev Shiller PE Ratio Related Terms

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Findev Business Description

Traded in Other Exchanges
Address
10 Wanless Avenue, Suite 200, Toronto, ON, CAN, M4N 1V6
Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above-average returns in a two to three-year timeframe. It focuses on lending to residential and retail development projects within the Greater Toronto Area. It focuses on real estate projects that include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments.

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