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Boralex (TSX:BLX) Shiller PE Ratio : 436.00 (As of Jun. 05, 2024)


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What is Boralex Shiller PE Ratio?

As of today (2024-06-05), Boralex's current share price is C$34.88. Boralex's E10 for the quarter that ended in Mar. 2024 was C$0.08. Boralex's Shiller PE Ratio for today is 436.00.

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

TSX:BLX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.1   Med: 102.25   Max: 3607
Current: 449.45

During the past years, Boralex's highest Shiller PE Ratio was 3607.00. The lowest was 24.10. And the median was 102.25.

TSX:BLX's Shiller PE Ratio is ranked worse than
97.98% of 198 companies
in the Utilities - Independent Power Producers industry
Industry Median: 19.155 vs TSX:BLX: 449.45

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.

Boralex's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boralex Shiller PE Ratio Historical Data

The historical data trend for Boralex'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.

Boralex Shiller PE Ratio Chart

Boralex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 677.07

Boralex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 - 3,412.74 874.54 677.07 368.78

Competitive Comparison of Boralex's Shiller PE Ratio

For the Utilities - Renewable subindustry, Boralex'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.


Boralex's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Boralex's Shiller PE Ratio distribution charts can be found below:

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



Boralex 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.

Boralex's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.88/0.08
=436.00

* 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.

Boralex's E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.53/126.2576*126.2576
=0.530

Current CPI (Mar. 2024) = 126.2576.

Boralex Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.110 99.473 -0.140
201409 -0.240 99.394 -0.305
201412 -0.170 98.367 -0.218
201503 0.110 99.789 0.139
201506 -0.130 100.500 -0.163
201509 -0.320 100.421 -0.402
201512 0.130 99.947 0.164
201603 0.300 101.054 0.375
201606 -0.110 102.002 -0.136
201609 -0.160 101.765 -0.199
201612 -0.071 101.449 -0.088
201703 0.210 102.634 0.258
201706 -0.030 103.029 -0.037
201709 -0.230 103.345 -0.281
201712 0.340 103.345 0.415
201803 0.260 105.004 0.313
201806 -0.360 105.557 -0.431
201809 -0.400 105.636 -0.478
201812 0.130 105.399 0.156
201903 0.310 106.979 0.366
201906 -0.140 107.690 -0.164
201909 -0.320 107.611 -0.375
201912 -0.280 107.769 -0.328
202003 0.430 107.927 0.503
202006 -0.070 108.401 -0.082
202009 -0.060 108.164 -0.070
202012 0.250 108.559 0.291
202103 0.340 110.298 0.389
202106 -0.160 111.720 -0.181
202109 -0.200 112.905 -0.224
202112 0.170 113.774 0.189
202203 0.490 117.646 0.526
202206 0.100 120.806 0.105
202209 -0.440 120.648 -0.460
202212 0.140 120.964 0.146
202303 0.310 122.702 0.319
202306 0.190 124.203 0.193
202309 -0.030 125.230 -0.030
202312 0.190 125.072 0.192
202403 0.530 126.258 0.530

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.


Boralex  (TSX:BLX) 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.


Boralex Shiller PE Ratio Related Terms

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


Boralex (TSX:BLX) Business Description

Traded in Other Exchanges
Address
36, Rue Lajeunesse, Juridique, Kingsey Falls, QC, CAN, J0A 1B0
Boralex is a power producer whose core business is dedicated to the development and operation of renewable energy power stations in Canada, France, the United States and the United Kingdom. Boralex owns power generation assets across four technologies: wind, solar, hydroelectric, and thermal. Substantially all of its operating assets are subject to indexed fixed-price energy sales contracts.
Executives
Mihaela Stefanov Senior Officer