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Pan American Silver (TSX:PAAS) Shiller PE Ratio : (As of May. 20, 2024)


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What is Pan American Silver Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pan American Silver Shiller PE Ratio Historical Data

The historical data trend for Pan American Silver'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.

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Pan American Silver Shiller PE Ratio Chart

Pan American Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Pan American Silver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Pan American Silver's Shiller PE Ratio

For the Gold subindustry, Pan American Silver'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.


Pan American Silver's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pan American Silver's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Pan American Silver's Shiller PE Ratio falls into.



Pan American Silver 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.

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

For example, Pan American Silver'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)
=-0.108/126.2576*126.2576
=-0.108

Current CPI (Mar. 2024) = 126.2576.

Pan American Silver Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.043 99.473 -0.055
201409 -0.165 99.394 -0.210
201412 -4.013 98.367 -5.151
201503 -0.164 99.789 -0.207
201506 -0.062 100.500 -0.078
201509 -0.584 100.421 -0.734
201512 -1.207 99.947 -1.525
201603 0.013 101.054 0.016
201606 0.284 102.002 0.352
201609 0.367 101.765 0.455
201612 0.187 101.449 0.233
201703 0.174 102.634 0.214
201706 0.306 103.029 0.375
201709 0.135 103.345 0.165
201712 0.409 103.345 0.500
201803 0.401 105.004 0.482
201806 0.315 105.557 0.377
201809 -0.078 105.636 -0.093
201812 -0.564 105.399 -0.676
201903 0.027 106.979 0.032
201906 0.120 107.690 0.141
201909 0.238 107.611 0.279
201912 0.329 107.769 0.385
202003 -0.517 107.927 -0.605
202006 0.136 108.401 0.158
202009 0.410 108.164 0.479
202012 1.025 108.559 1.192
202103 -0.050 110.298 -0.057
202106 0.415 111.720 0.469
202109 0.127 112.905 0.142
202112 0.090 113.774 0.100
202203 0.456 117.646 0.489
202206 -1.063 120.806 -1.111
202209 -0.454 120.648 -0.475
202212 -1.114 120.964 -1.163
202303 0.109 122.702 0.112
202306 -0.173 124.203 -0.176
202309 -0.081 125.230 -0.082
202312 -0.201 125.072 -0.203
202403 -0.108 126.258 -0.108

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.


Pan American Silver  (TSX:PAAS) 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.


Pan American Silver Shiller PE Ratio Related Terms

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Pan American Silver (TSX:PAAS) Business Description

Traded in Other Exchanges
Address
1440 - 625 Howe Street, Vancouver, BC, CAN, V6C 2T6
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. Its principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.
Executives
Christopher Emerson Senior Officer