GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Skymark Airlines Inc (TSE:9204) » Definitions » Shiller PE Ratio

Skymark Airlines (TSE:9204) Shiller PE Ratio : (As of Jun. 08, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Skymark Airlines Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Skymark Airlines Shiller PE Ratio Historical Data

The historical data trend for Skymark Airlines'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.

Skymark Airlines Shiller PE Ratio Chart

Skymark Airlines Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Skymark Airlines Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Skymark Airlines's Shiller PE Ratio

For the Airports & Air Services subindustry, Skymark Airlines'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.


Skymark Airlines's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Skymark Airlines's Shiller PE Ratio distribution charts can be found below:

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



Skymark Airlines 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.

Skymark Airlines's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Skymark Airlines's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=49.93/107.2000*107.2000
=49.930

Current CPI (Mar24) = 107.2000.

Skymark Airlines Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201003 37.550 95.100 42.328
201103 88.530 94.600 100.322
201203 86.820 95.100 97.866
201303 41.310 94.200 47.011
201403 -20.290 95.700 -22.728
201503 -222.200 97.900 -243.308
202103 -300.074 99.900 -322.001
202203 -145.780 101.100 -154.576
202303 111.880 104.400 114.881
202403 49.930 107.200 49.930

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.


Skymark Airlines  (TSE:9204) 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.


Skymark Airlines Shiller PE Ratio Related Terms

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


Skymark Airlines (TSE:9204) Business Description

Traded in Other Exchanges
N/A
Address
1-5-5 Haneda Airport, Ota-ku, Tokyo,, JPN, 144-00414
Skymark Airlines Inc is engaged in regular air transportation service business.

Skymark Airlines (TSE:9204) Headlines

No Headlines