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ATEX Resources (TSXV:ATX) Shiller PE Ratio : (As of Jun. 05, 2024)


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What is ATEX Resources Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ATEX Resources Shiller PE Ratio Historical Data

The historical data trend for ATEX Resources'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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ATEX Resources Shiller PE Ratio Chart

ATEX Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
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ATEX Resources 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 ATEX Resources's Shiller PE Ratio

For the Gold subindustry, ATEX Resources'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.


ATEX Resources's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where ATEX Resources's Shiller PE Ratio falls into.



ATEX Resources 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.

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

For example, ATEX Resources'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)
=-0.05/126.2576*126.2576
=-0.050

Current CPI (Mar. 2024) = 126.2576.

ATEX Resources Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.020 99.473 -0.025
201409 -0.235 99.394 -0.299
201412 -0.014 98.367 -0.018
201503 -0.034 99.789 -0.043
201506 -0.017 100.500 -0.021
201509 -0.033 100.421 -0.041
201512 0.099 99.947 0.125
201603 -0.016 101.054 -0.020
201606 -0.011 102.002 -0.014
201609 -0.009 101.765 -0.011
201612 -0.014 101.449 -0.017
201703 0.300 102.634 0.369
201706 -0.018 103.029 -0.022
201709 -0.120 103.345 -0.147
201712 -0.013 103.345 -0.016
201803 -0.010 105.004 -0.012
201806 -0.010 105.557 -0.012
201809 0.000 105.636 0.000
201812 -0.010 105.399 -0.012
201903 -0.020 106.979 -0.024
201906 -0.040 107.690 -0.047
201909 -0.014 107.611 -0.016
201912 -0.020 107.769 -0.023
202003 -0.020 107.927 -0.023
202006 -0.040 108.401 -0.047
202009 -0.030 108.164 -0.035
202012 -0.010 108.559 -0.012
202103 -0.010 110.298 -0.011
202106 -0.005 111.720 -0.006
202109 0.000 112.905 0.000
202112 -0.020 113.774 -0.022
202203 -0.004 117.646 -0.004
202206 -0.010 120.806 -0.010
202209 -0.080 120.648 -0.084
202212 -0.040 120.964 -0.042
202303 -0.070 122.702 -0.072
202306 -0.003 124.203 -0.003
202309 -0.170 125.230 -0.171
202312 -0.040 125.072 -0.040
202403 -0.050 126.258 -0.050

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.


ATEX Resources  (TSXV:ATX) 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.


ATEX Resources Shiller PE Ratio Related Terms

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ATEX Resources (TSXV:ATX) Business Description

Traded in Other Exchanges
Address
25 Adelaide Street East, Suite 1900, Toronto, ON, CAN, M5C 3A1
ATEX Resources Inc is a minerals exploration company engaged in the acquisition and development of properties located in Chile and Colombia in South America. Its Apolo concessions comprise three properties, Alicia, Roma, and Condor, located within the northern extension of the Maricunga Mineral Belt, Region III, Chile. In addition, the firm also holds an interest in Valeriano Property.

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