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AGF Management (TSX:AGF.B) Shiller PE Ratio : 7.66 (As of May. 05, 2024)


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What is AGF Management Shiller PE Ratio?

As of today (2024-05-05), AGF Management's current share price is C$8.04. AGF Management's E10 for the quarter that ended in Feb. 2024 was C$1.05. AGF Management's Shiller PE Ratio for today is 7.66.

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

TSX:AGF.B' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.51   Med: 7.6   Max: 12.82
Current: 7.67

During the past years, AGF Management's highest Shiller PE Ratio was 12.82. The lowest was 3.51. And the median was 7.60.

TSX:AGF.B's Shiller PE Ratio is ranked better than
82.88% of 765 companies
in the Asset Management industry
Industry Median: 12.8 vs TSX:AGF.B: 7.67

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.

AGF Management's adjusted earnings per share data for the three months ended in Feb. 2024 was C$0.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$1.05 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AGF Management Shiller PE Ratio Historical Data

The historical data trend for AGF Management'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.

AGF Management Shiller PE Ratio Chart

AGF Management 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 8.02 6.53 9.45 7.48 7.03

AGF Management Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 10.31 7.14 7.82 7.03 7.75

Competitive Comparison of AGF Management's Shiller PE Ratio

For the Asset Management subindustry, AGF Management'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.


AGF Management's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



AGF Management 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.

AGF Management's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.04/1.05
=7.66

* 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.

AGF Management's E10 for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.46/125.4675*125.4675
=0.460

Current CPI (Feb. 2024) = 125.4675.

AGF Management Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.170 99.394 0.215
201408 0.170 99.315 0.215
201411 0.130 99.078 0.165
201502 0.160 99.078 0.203
201505 0.170 100.263 0.213
201508 0.140 100.579 0.175
201511 0.100 100.421 0.125
201602 0.130 100.421 0.162
201605 0.120 101.765 0.148
201608 0.100 101.686 0.123
201611 0.180 101.607 0.222
201702 0.110 102.476 0.135
201705 0.160 103.108 0.195
201708 0.150 103.108 0.183
201711 0.210 103.740 0.254
201802 0.270 104.688 0.324
201805 0.210 105.399 0.250
201808 0.260 106.031 0.308
201811 0.190 105.478 0.226
201902 -0.003 106.268 -0.004
201905 0.140 107.927 0.163
201908 0.180 108.085 0.209
201911 0.280 107.769 0.326
202002 0.130 108.559 0.150
202005 0.070 107.532 0.082
202008 0.600 108.243 0.695
202011 1.420 108.796 1.638
202102 0.080 109.745 0.091
202105 0.070 111.404 0.079
202108 0.210 112.668 0.234
202111 0.200 113.932 0.220
202202 0.180 115.986 0.195
202205 0.140 120.016 0.146
202208 0.320 120.569 0.333
202211 0.310 121.675 0.320
202302 0.260 122.070 0.267
202305 0.450 124.045 0.455
202308 0.340 125.389 0.340
202311 0.250 125.468 0.250
202402 0.460 125.468 0.460

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.


AGF Management  (TSX:AGF.B) 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.


AGF Management Shiller PE Ratio Related Terms

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


AGF Management (TSX:AGF.B) Business Description

Traded in Other Exchanges
Address
81 Bay Street, Suite 3900, CIBC SQUARE, Tower One, Toronto, ON, CAN, M5J 0G1
AGF Management is a Canada-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of September, the firm had CAD 41.0 billion in total assets under management. Its funds are weighted more heavily toward equities, with close to three fourths of retail AUM being equity-related. That said, the company does use fundamental, quantitative, and alternative strategies to manage its investment funds. AGF Management has a more meaningful portion of its business tied to institutional clients than its peers, with one fourth of its total AUM derived from institutional and subadvised accounts. The company derives 17% of its managed assets from high-net-worth clients.

AGF Management (TSX:AGF.B) Headlines

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