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Queen's Road Capital Investment (TSX:QRC) Shiller PE Ratio : (As of May. 26, 2024)


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What is Queen's Road Capital Investment Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Queen's Road Capital Investment Shiller PE Ratio Historical Data

The historical data trend for Queen's Road Capital 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.

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Queen's Road Capital Investment Shiller PE Ratio Chart

Queen's Road Capital Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
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Queen's Road Capital Investment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Queen's Road Capital Investment's Shiller PE Ratio

For the Asset Management subindustry, Queen's Road Capital 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.


Queen's Road Capital Investment's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Queen's Road Capital Investment's Shiller PE Ratio distribution charts can be found below:

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



Queen's Road Capital 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.

Queen's Road Capital Investment's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, Queen's Road Capital Investment's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.041/117.7354*117.7354
=0.041

Current CPI (Feb. 2024) = 117.7354.

Queen's Road Capital Investment Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 -0.050 96.299 -0.061
201408 -0.100 95.090 -0.124
201411 -0.049 99.487 -0.058
201502 -0.050 100.257 -0.059
201505 -0.049 99.157 -0.058
201508 -2.078 97.948 -2.498
201511 -0.009 101.686 -0.010
201602 -0.008 103.225 -0.009
201605 -0.004 101.686 -0.005
201608 -0.079 102.235 -0.091
201611 -0.003 103.005 -0.003
201702 -0.002 103.115 -0.002
201705 -0.002 103.774 -0.002
201708 0.066 104.214 0.075
201711 -0.002 104.654 -0.002
201802 -0.003 106.303 -0.003
201805 -0.002 105.973 -0.002
201808 -0.002 106.633 -0.002
201811 -0.001 107.292 -0.001
201902 -0.002 108.501 -0.002
201905 -0.002 108.831 -0.002
201908 -0.035 110.260 -0.037
201911 -0.006 110.700 -0.006
202002 -0.133 111.030 -0.141
202005 -0.003 110.700 -0.003
202008 0.054 109.820 0.058
202011 -0.026 110.260 -0.028
202102 0.190 111.469 0.201
202105 0.109 111.689 0.115
202108 0.000 111.579 0.000
202111 0.063 112.349 0.066
202202 0.013 113.338 0.014
202205 -0.051 113.118 -0.053
202208 -0.010 113.668 -0.010
202211 0.001 114.328 0.001
202302 -0.054 115.317 -0.055
202305 -0.027 115.427 -0.028
202308 0.094 115.647 0.096
202311 0.082 117.186 0.082
202402 0.041 117.735 0.041

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.


Queen's Road Capital Investment  (TSX:QRC) 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.


Queen's Road Capital Investment Shiller PE Ratio Related Terms

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Queen's Road Capital Investment (TSX:QRC) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, Suite 2006, Cheung Kong Centre, Hong Kong, HKG
Queen's Road Capital Investment Ltd is a resource-focused investment company. It invests in privately held and publicly traded resource companies and has one operating segment, being the selection, acquisition, and management of investments. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.
Executives
John James Cowin 10% Security Holder

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