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Firm Capital Mortgage Investment (TSX:FC) Shiller PE Ratio : 9.92 (As of May. 21, 2024)


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What is Firm Capital Mortgage Investment Shiller PE Ratio?

As of today (2024-05-21), Firm Capital Mortgage Investment's current share price is C$11.01. Firm Capital Mortgage Investment's E10 for the quarter that ended in Mar. 2024 was C$1.11. Firm Capital Mortgage Investment's Shiller PE Ratio for today is 9.92.

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

TSX:FC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.58   Med: 11.56   Max: 14.7
Current: 9.88

During the past years, Firm Capital Mortgage Investment's highest Shiller PE Ratio was 14.70. The lowest was 8.58. And the median was 11.56.

TSX:FC's Shiller PE Ratio is ranked better than
53.33% of 1140 companies
in the Banks industry
Industry Median: 10.335 vs TSX:FC: 9.88

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.

Firm Capital Mortgage Investment's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.247. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$1.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Firm Capital Mortgage Investment Shiller PE Ratio Historical Data

The historical data trend for Firm Capital Mortgage Investment'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.

Firm Capital Mortgage Investment Shiller PE Ratio Chart

Firm Capital Mortgage Investment 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 14.17 12.32 13.54 9.73 9.76

Firm Capital Mortgage Investment 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 10.11 9.15 8.83 9.76 10.29

Competitive Comparison of Firm Capital Mortgage Investment's Shiller PE Ratio

For the Mortgage Finance subindustry, Firm Capital Mortgage Investment'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.


Firm Capital Mortgage Investment's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Firm Capital Mortgage Investment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Firm Capital Mortgage Investment's Shiller PE Ratio falls into.



Firm Capital Mortgage Investment 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.

Firm Capital Mortgage Investment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.01/1.11
=9.92

* 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.

Firm Capital Mortgage Investment's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Firm Capital Mortgage Investment'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)
=0.247/126.2576*126.2576
=0.247

Current CPI (Mar. 2024) = 126.2576.

Firm Capital Mortgage Investment Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.237 99.473 0.301
201409 0.237 99.394 0.301
201412 0.242 98.367 0.311
201503 0.238 99.789 0.301
201506 0.231 100.500 0.290
201509 0.243 100.421 0.306
201512 0.264 99.947 0.333
201603 0.239 101.054 0.299
201606 0.240 102.002 0.297
201609 0.236 101.765 0.293
201612 0.235 101.449 0.292
201703 0.284 102.634 0.349
201706 0.234 103.029 0.287
201709 0.237 103.345 0.290
201712 0.231 103.345 0.282
201803 0.241 105.004 0.290
201806 0.237 105.557 0.283
201809 0.253 105.636 0.302
201812 0.232 105.399 0.278
201903 0.241 106.979 0.284
201906 0.244 107.690 0.286
201909 0.260 107.611 0.305
201912 0.208 107.769 0.244
202003 0.218 107.927 0.255
202006 0.237 108.401 0.276
202009 0.207 108.164 0.242
202012 0.246 108.559 0.286
202103 0.234 110.298 0.268
202106 0.234 111.720 0.264
202109 0.238 112.905 0.266
202112 0.234 113.774 0.260
202203 0.230 117.646 0.247
202206 0.237 120.806 0.248
202209 0.234 120.648 0.245
202212 0.231 120.964 0.241
202303 0.242 122.702 0.249
202306 0.243 124.203 0.247
202309 0.247 125.230 0.249
202312 0.242 125.072 0.244
202403 0.247 126.258 0.247

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.


Firm Capital Mortgage Investment  (TSX:FC) 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.


Firm Capital Mortgage Investment Shiller PE Ratio Related Terms

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


Firm Capital Mortgage Investment (TSX:FC) Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity and conventional real estate finance for include residential houses, small multi-family residential properties, mixed-use residential and others to the builder, developer, and real estate owner marketplace along with a high level of personal service to real estate investors. Also, it provides loan servicing, asset management, and related investment services. The company's revenue mainly comprises Interest and fee income and commission fees arising from Canada and United States.
Executives
Ryan Lim Senior Officer