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Evertz Technologies (TSX:ET) Shiller PE Ratio : 12.16 (As of Nov. 13, 2024)


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What is Evertz Technologies Shiller PE Ratio?

As of today (2024-11-13), Evertz Technologies's current share price is C$12.04. Evertz Technologies's E10 for the quarter that ended in Jul. 2024 was C$0.99. Evertz Technologies's Shiller PE Ratio for today is 12.16.

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

TSX:ET' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.69   Med: 15.35   Max: 19.69
Current: 12.08

During the past years, Evertz Technologies's highest Shiller PE Ratio was 19.69. The lowest was 10.69. And the median was 15.35.

TSX:ET's Shiller PE Ratio is ranked better than
82.13% of 1259 companies
in the Hardware industry
Industry Median: 25.95 vs TSX:ET: 12.08

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.

Evertz Technologies's adjusted earnings per share data for the three months ended in Jul. 2024 was C$0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.99 for the trailing ten years ended in Jul. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evertz Technologies Shiller PE Ratio Historical Data

The historical data trend for Evertz Technologies'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.

Evertz Technologies Shiller PE Ratio Chart

Evertz Technologies Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.73 16.70 14.31 11.89 13.88

Evertz Technologies Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 13.46 12.39 14.35 13.88 12.99

Competitive Comparison of Evertz Technologies's Shiller PE Ratio

For the Communication Equipment subindustry, Evertz Technologies'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.


Evertz Technologies's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Evertz Technologies's Shiller PE Ratio distribution charts can be found below:

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



Evertz Technologies 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.

Evertz Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=12.04/0.99
=12.16

* 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.

Evertz Technologies's E10 for the quarter that ended in Jul. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=0.13/128.0748*128.0748
=0.130

Current CPI (Jul. 2024) = 128.0748.

Evertz Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201410 0.190 99.473 0.245
201501 0.280 98.209 0.365
201504 0.140 99.710 0.180
201507 0.250 100.579 0.318
201510 0.260 100.500 0.331
201601 0.320 100.184 0.409
201604 0.110 101.370 0.139
201607 0.250 101.844 0.314
201610 0.270 102.002 0.339
201701 0.130 102.318 0.163
201704 0.270 103.029 0.336
201707 0.170 103.029 0.211
201710 0.230 103.424 0.285
201801 0.190 104.056 0.234
201804 0.110 105.320 0.134
201807 0.230 106.110 0.278
201810 0.270 105.952 0.326
201901 0.280 105.557 0.340
201904 0.240 107.453 0.286
201907 0.170 108.243 0.201
201910 0.270 107.927 0.320
202001 0.250 108.085 0.296
202004 0.210 107.216 0.251
202007 0.010 108.401 0.012
202010 0.280 108.638 0.330
202101 0.130 109.192 0.152
202104 0.130 110.851 0.150
202107 0.190 112.431 0.216
202110 0.220 113.695 0.248
202201 0.280 114.801 0.312
202204 0.250 118.357 0.271
202207 0.180 120.964 0.191
202210 0.260 121.517 0.274
202301 0.160 121.596 0.169
202304 0.240 123.571 0.249
202307 0.200 124.914 0.205
202310 0.290 125.310 0.296
202401 0.240 125.072 0.246
202404 0.180 126.890 0.182
202407 0.130 128.075 0.130

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.


Evertz Technologies  (TSX:ET) 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.


Evertz Technologies Shiller PE Ratio Related Terms

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


Evertz Technologies Business Description

Traded in Other Exchanges
Address
5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.
Executives
Evertz Technologies Limited Issuer
Rakesh Thakor Patel Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)