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North American Financial 15 Split (TSX:FFN) Shiller PE Ratio : 11.24 (As of Apr. 27, 2024)


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What is North American Financial 15 Split Shiller PE Ratio?

As of today (2024-04-27), North American Financial 15 Split's current share price is C$5.62. North American Financial 15 Split's E10 for the fiscal year that ended in Nov23 was C$0.50. North American Financial 15 Split's Shiller PE Ratio for today is 11.24.

The historical rank and industry rank for North American Financial 15 Split's Shiller PE Ratio or its related term are showing as below:

TSX:FFN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.2   Med: 5.83   Max: 129.38
Current: 11.23

During the past 13 years, North American Financial 15 Split's highest Shiller PE Ratio was 129.38. The lowest was 2.20. And the median was 5.83.

TSX:FFN's Shiller PE Ratio is ranked better than
59.71% of 757 companies
in the Asset Management industry
Industry Median: 12.63 vs TSX:FFN: 11.23

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.

North American Financial 15 Split's adjusted earnings per share data of for the fiscal year that ended in Nov23 was C$-1.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.50 for the trailing ten years ended in Nov23.

Shiller PE for Stocks: The True Measure of Stock Valuation


North American Financial 15 Split Shiller PE Ratio Historical Data

The historical data trend for North American Financial 15 Split'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.

North American Financial 15 Split Shiller PE Ratio Chart

North American Financial 15 Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.79 5.54 5.63 5.12 6.53

North American Financial 15 Split Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 5.63 - 5.12 - 6.53

Competitive Comparison of North American Financial 15 Split's Shiller PE Ratio

For the Asset Management subindustry, North American Financial 15 Split'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.


North American Financial 15 Split's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, North American Financial 15 Split's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where North American Financial 15 Split's Shiller PE Ratio falls into.



North American Financial 15 Split 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.

North American Financial 15 Split's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.62/0.5
=11.24

* 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.

North American Financial 15 Split's E10 for the fiscal year that ended in Nov23 is calculated as:

For example, North American Financial 15 Split's adjusted earnings per share data for the fiscal year that ended in Nov23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Nov23 (Change)*Current CPI (Nov23)
=-1.3/125.4675*125.4675
=-1.300

Current CPI (Nov23) = 125.4675.

North American Financial 15 Split Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201411 2.108 99.078 2.669
201511 0.533 100.421 0.666
201611 1.825 101.607 2.254
201711 1.882 103.740 2.276
201811 -1.519 105.478 -1.807
201911 1.450 107.769 1.688
202011 -2.930 108.796 -3.379
202111 2.590 113.932 2.852
202211 -0.930 121.675 -0.959
202311 -1.300 125.468 -1.300

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.


North American Financial 15 Split  (TSX:FFN) 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.


North American Financial 15 Split Shiller PE Ratio Related Terms

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North American Financial 15 Split (TSX:FFN) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
North American Financial 15 Split Corp is an investment company. It invests in an actively managed portfolio of common shares comprised of core large-capitalization Canadian and United States financial services companies. It also invests in equity securities of issuers. The company's investment objective is to provide holders of Preferred Shares with cumulative preferential monthly cash dividends and to provide holders of Class A shares with regular monthly cash distributions.

North American Financial 15 Split (TSX:FFN) Headlines

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