GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ibex Technologies Inc (TSXV:IBT) » Definitions » Shiller PE Ratio

Ibex Technologies (TSXV:IBT) Shiller PE Ratio : 28.80 (As of Jun. 09, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Ibex Technologies Shiller PE Ratio?

As of today (2024-06-09), Ibex Technologies's current share price is C$1.44. Ibex Technologies's E10 for the quarter that ended in Jan. 2024 was C$0.05. Ibex Technologies's Shiller PE Ratio for today is 28.80.

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

TSXV:IBT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7   Med: 15.75   Max: 30.5
Current: 29.17

During the past years, Ibex Technologies's highest Shiller PE Ratio was 30.50. The lowest was 7.00. And the median was 15.75.

TSXV:IBT's Shiller PE Ratio is ranked better than
51.3% of 154 companies
in the Biotechnology industry
Industry Median: 30.475 vs TSXV:IBT: 29.17

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.

Ibex Technologies's adjusted earnings per share data for the three months ended in Jan. 2024 was C$0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.05 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ibex Technologies Shiller PE Ratio Historical Data

The historical data trend for Ibex Technologies'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.

Ibex Technologies Shiller PE Ratio Chart

Ibex Technologies Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.35 25.46 - - 26.97

Ibex Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 28.07 24.47 26.97 19.75 22.69

Competitive Comparison of Ibex Technologies's Shiller PE Ratio

For the Biotechnology subindustry, Ibex Technologies'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.


Ibex Technologies's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ibex Technologies's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ibex Technologies's Shiller PE Ratio falls into.



Ibex Technologies 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.

Ibex Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.44/0.05
=28.80

* 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.

Ibex Technologies's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Ibex Technologies's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.002/125.0724*125.0724
=0.002

Current CPI (Jan. 2024) = 125.0724.

Ibex Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.010 98.920 0.013
201407 -0.010 99.315 -0.013
201410 -0.010 99.473 -0.013
201501 -0.010 98.209 -0.013
201504 -0.010 99.710 -0.013
201507 0.040 100.579 0.050
201510 0.010 100.500 0.012
201601 0.010 100.184 0.012
201604 -0.020 101.370 -0.025
201607 0.000 101.844 0.000
201610 0.010 102.002 0.012
201701 0.020 102.318 0.024
201704 0.000 103.029 0.000
201707 0.095 103.029 0.115
201710 0.010 103.424 0.012
201801 -0.020 104.056 -0.024
201804 0.010 105.320 0.012
201807 -0.001 106.110 -0.001
201810 -0.010 105.952 -0.012
201901 0.002 105.557 0.002
201904 -0.020 107.453 -0.023
201907 -0.020 108.243 -0.023
201910 0.003 107.927 0.003
202001 -0.001 108.085 -0.001
202004 0.020 107.216 0.023
202007 0.012 108.401 0.014
202010 0.010 108.638 0.012
202101 0.010 109.192 0.011
202104 0.010 110.851 0.011
202107 0.000 112.431 0.000
202110 0.030 113.695 0.033
202201 0.020 114.801 0.022
202204 0.020 118.357 0.021
202207 0.000 120.964 0.000
202210 0.030 121.517 0.031
202301 0.004 121.596 0.004
202304 0.030 123.571 0.030
202307 0.090 124.914 0.090
202310 0.030 125.310 0.030
202401 0.002 125.072 0.002

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.


Ibex Technologies  (TSXV:IBT) 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.


Ibex Technologies Shiller PE Ratio Related Terms

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


Ibex Technologies (TSXV:IBT) Business Description

Traded in Other Exchanges
Address
5485 Pare Street, Suite 100, Montreal, QC, CAN, H4P 1P7
Ibex Technologies Inc is a company engaged in the production and sale of diagnostic products. It manufactures and markets enzymes for biomedical use, through its subsidiaries. It also manufactures and markets a series of arthritis assays that have applications in osteoarthritis research. It sells two product lines namely, Enzymes for in-vitro diagnostics and research, and Tests for osteoarthritis research. The group provides services like Filing and lyophilization of disposable diagnostic components, and Custom fermentation and purification of enzymes for diagnostic companies. Geographically, the firm sells its products in Canada, Germany, the U.S., the U.K., and other countries of which the majority of the revenue is generated from the U.S.

Ibex Technologies (TSXV:IBT) Headlines

No Headlines