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Dividend 15 Split (TSX:DFN) Shiller PE Ratio : 11.19 (As of May. 10, 2024)


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What is Dividend 15 Split Shiller PE Ratio?

As of today (2024-05-10), Dividend 15 Split's current share price is C$5.37. Dividend 15 Split's E10 for the fiscal year that ended in Nov23 was C$0.48. Dividend 15 Split's Shiller PE Ratio for today is 11.19.

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

TSX:DFN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.48   Med: 10.91   Max: 77.25
Current: 10.84

During the past 13 years, Dividend 15 Split's highest Shiller PE Ratio was 77.25. The lowest was 3.48. And the median was 10.91.

TSX:DFN's Shiller PE Ratio is ranked better than
65.09% of 762 companies
in the Asset Management industry
Industry Median: 12.865 vs TSX:DFN: 10.84

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.

Dividend 15 Split's adjusted earnings per share data of for the fiscal year that ended in Nov23 was C$-0.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.48 for the trailing ten years ended in Nov23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dividend 15 Split Shiller PE Ratio Historical Data

The historical data trend for Dividend 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.

Dividend 15 Split Shiller PE Ratio Chart

Dividend 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 7.99 8.88 7.43 8.10 8.50

Dividend 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 7.43 - 8.10 - 8.50

Competitive Comparison of Dividend 15 Split's Shiller PE Ratio

For the Asset Management subindustry, Dividend 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.


Dividend 15 Split's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Dividend 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.

Dividend 15 Split's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.37/0.48
=11.19

* 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.

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

For example, Dividend 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)
=-0.98/125.4675*125.4675
=-0.980

Current CPI (Nov23) = 125.4675.

Dividend 15 Split Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201411 1.820 99.078 2.305
201511 -1.460 100.421 -1.824
201611 1.810 101.607 2.235
201711 1.330 103.740 1.609
201811 -1.100 105.478 -1.308
201911 1.830 107.769 2.131
202011 -1.770 108.796 -2.041
202111 2.470 113.932 2.720
202211 -0.020 121.675 -0.021
202311 -0.980 125.468 -0.980

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.


Dividend 15 Split  (TSX:DFN) 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.


Dividend 15 Split Shiller PE Ratio Related Terms

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Dividend 15 Split (TSX:DFN) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp is a Canadian mutual fund corporation. It aims to pay monthly cash dividends. The company invests in a portfolio of dividend-yielding, high-quality Canadian companies. It offers two types of shares i.e. class A shares and preferred shares. The company's investment objectives are to provide holders of preferred shares with fixed cumulative preferential monthly cash dividends as well as to provide holders of Class A shares with regular monthly cash distribution.

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