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Accordant Group (NZSE:AGL) Shiller PE Ratio : 3.13 (As of May. 22, 2024)


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What is Accordant Group Shiller PE Ratio?

As of today (2024-05-22), Accordant Group's current share price is NZ$0.50. Accordant Group's E10 for the fiscal year that ended in Mar23 was NZ$0.16. Accordant Group's Shiller PE Ratio for today is 3.13.

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

NZSE:AGL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.13   Med: 10.65   Max: 19.87
Current: 3.18

During the past 13 years, Accordant Group's highest Shiller PE Ratio was 19.87. The lowest was 3.13. And the median was 10.65.

NZSE:AGL's Shiller PE Ratio is ranked better than
97.35% of 529 companies
in the Business Services industry
Industry Median: 19.73 vs NZSE:AGL: 3.18

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.

Accordant Group's adjusted earnings per share data of for the fiscal year that ended in Mar23 was NZ$0.058. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NZ$0.16 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accordant Group Shiller PE Ratio Historical Data

The historical data trend for Accordant Group'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.

Accordant Group Shiller PE Ratio Chart

Accordant Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.69 7.94 7.91 11.69 10.24

Accordant Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 11.69 - 10.24 -

Competitive Comparison of Accordant Group's Shiller PE Ratio

For the Staffing & Employment Services subindustry, Accordant Group'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.


Accordant Group's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Accordant Group's Shiller PE Ratio distribution charts can be found below:

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



Accordant Group 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.

Accordant Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.50/0.16
=3.13

* 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.

Accordant Group's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Accordant Group's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.058/124.5168*124.5168
=0.058

Current CPI (Mar23) = 124.5168.

Accordant Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.148 99.396 0.185
201503 0.207 99.646 0.259
201603 0.160 100.063 0.199
201703 0.180 102.231 0.219
201803 0.155 103.355 0.187
201903 0.061 104.889 0.072
202003 0.079 107.547 0.091
202103 0.181 109.182 0.206
202203 0.089 116.747 0.095
202303 0.058 124.517 0.058

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.


Accordant Group  (NZSE:AGL) 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.


Accordant Group Shiller PE Ratio Related Terms

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Accordant Group (NZSE:AGL) Business Description

Traded in Other Exchanges
N/A
Address
51 Shortland Street, Level 6, P.O. Box 105675, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: AWF and Madison, Absolute IT, and JacksonStone & Partners. The AWF brands derive their revenues from temporary staffing services to the industry. The Madison, Absolute IT, and JacksonStone & Partners brands, which is the key revenue driver, derive revenues from the temporary, contract, and permanent staff services to commerce.