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Imperial Oil (TSX:IMO) Shiller PE Ratio : 23.10 (As of May. 06, 2024)


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What is Imperial Oil Shiller PE Ratio?

As of today (2024-05-06), Imperial Oil's current share price is C$93.11. Imperial Oil's E10 for the quarter that ended in Mar. 2024 was C$4.03. Imperial Oil's Shiller PE Ratio for today is 23.10.

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

TSX:IMO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.12   Med: 12.85   Max: 25.93
Current: 23.12

During the past years, Imperial Oil's highest Shiller PE Ratio was 25.93. The lowest was 4.12. And the median was 12.85.

TSX:IMO's Shiller PE Ratio is ranked worse than
61.67% of 420 companies
in the Oil & Gas industry
Industry Median: 17.645 vs TSX:IMO: 23.12

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.

Imperial Oil's adjusted earnings per share data for the three months ended in Mar. 2024 was C$2.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$4.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Oil Shiller PE Ratio Historical Data

The historical data trend for Imperial Oil'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.

Imperial Oil Shiller PE Ratio Chart

Imperial Oil 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 10.89 9.22 17.37 19.45 19.13

Imperial Oil 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 19.45 18.61 21.72 19.13 23.20

Competitive Comparison of Imperial Oil's Shiller PE Ratio

For the Oil & Gas Integrated subindustry, Imperial Oil'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.


Imperial Oil's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Imperial Oil's Shiller PE Ratio distribution charts can be found below:

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



Imperial Oil 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.

Imperial Oil's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=93.11/4.03
=23.10

* 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.

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

For example, Imperial Oil'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)
=2.23/125.4675*125.4675
=2.230

Current CPI (Mar. 2024) = 125.4675.

Imperial Oil Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.450 99.473 1.829
201409 1.100 99.394 1.389
201412 0.790 98.367 1.008
201503 0.500 99.789 0.629
201506 0.140 100.500 0.175
201509 0.560 100.421 0.700
201512 0.120 99.947 0.151
201603 -0.120 101.054 -0.149
201606 -0.210 102.002 -0.258
201609 1.180 101.765 1.455
201612 1.700 101.449 2.102
201703 0.390 102.634 0.477
201706 -0.090 103.029 -0.110
201709 0.440 103.345 0.534
201712 -0.160 103.345 -0.194
201803 0.620 105.004 0.741
201806 0.240 105.557 0.285
201809 0.940 105.636 1.116
201812 1.070 105.399 1.274
201903 0.380 106.979 0.446
201906 1.570 107.690 1.829
201909 0.560 107.611 0.653
201912 0.370 107.769 0.431
202003 -0.250 107.927 -0.291
202006 -0.720 108.401 -0.833
202009 0.004 108.164 0.005
202012 -1.560 108.559 -1.803
202103 0.530 110.298 0.603
202106 0.500 111.720 0.562
202109 1.290 112.905 1.434
202112 1.180 113.774 1.301
202203 1.750 117.646 1.866
202206 3.630 120.806 3.770
202209 3.240 120.648 3.369
202212 2.860 120.964 2.966
202303 2.130 122.702 2.178
202306 1.150 124.203 1.162
202309 2.760 125.230 2.765
202312 2.470 125.468 2.470
202403 2.230 125.468 2.230

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.


Imperial Oil  (TSX:IMO) 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.


Imperial Oil Shiller PE Ratio Related Terms

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


Imperial Oil (TSX:IMO) Business Description

Traded in Other Exchanges
Address
505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1
Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d. The Upstream segment operates to produce crude oil and its equivalent, and natural gas. The Downstream segment operates to refine crude oil into petroleum products. The Chemical segment manufactures hydrocarbon-based chemicals and chemical products.

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