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Progressive Planet Solutions (TSXV:PLAN) Shiller PE Ratio : (As of Jun. 01, 2024)


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What is Progressive Planet Solutions Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Progressive Planet Solutions Shiller PE Ratio Historical Data

The historical data trend for Progressive Planet Solutions'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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Progressive Planet Solutions Shiller PE Ratio Chart

Progressive Planet Solutions Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Shiller PE Ratio
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Progressive Planet Solutions Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Progressive Planet Solutions's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions'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.


Progressive Planet Solutions's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Progressive Planet Solutions's Shiller PE Ratio falls into.



Progressive Planet Solutions 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.

Progressive Planet Solutions's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Progressive Planet Solutions'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)
=0.003/125.0724*125.0724
=0.003

Current CPI (Jan. 2024) = 125.0724.

Progressive Planet Solutions Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.300 98.920 0.379
201407 -0.073 99.315 -0.092
201410 -0.148 99.473 -0.186
201501 -0.065 98.209 -0.083
201504 0.000 99.710 0.000
201507 -0.059 100.579 -0.073
201510 -0.052 100.500 -0.065
201601 -0.090 100.184 -0.112
201604 -0.060 101.370 -0.074
201607 -0.030 101.844 -0.037
201610 -0.060 102.002 -0.074
201701 -0.030 102.318 -0.037
201704 -0.180 103.029 -0.219
201707 -0.030 103.029 -0.036
201710 -0.014 103.424 -0.017
201801 -0.060 104.056 -0.072
201804 -0.014 105.320 -0.017
201807 -0.030 106.110 -0.035
201810 -0.020 105.952 -0.024
201901 -0.010 105.557 -0.012
201904 -0.020 107.453 -0.023
201907 -0.010 108.243 -0.012
201910 -0.010 107.927 -0.012
202001 -0.010 108.085 -0.012
202004 -0.050 107.216 -0.058
202007 -0.020 108.401 -0.023
202010 -0.010 108.638 -0.012
202101 0.001 109.192 0.001
202104 -0.040 110.851 -0.045
202107 -0.010 112.431 -0.011
202110 -0.005 113.695 -0.006
202201 -0.010 114.801 -0.011
202204 -0.030 118.357 -0.032
202207 -0.010 120.964 -0.010
202210 0.000 121.517 0.000
202301 -0.010 121.596 -0.010
202304 0.000 123.571 0.000
202307 -0.004 124.914 -0.004
202310 -0.002 125.310 -0.002
202401 0.003 125.072 0.003

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.


Progressive Planet Solutions  (TSXV:PLAN) 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.


Progressive Planet Solutions Shiller PE Ratio Related Terms

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


Progressive Planet Solutions (TSXV:PLAN) Business Description

Traded in Other Exchanges
Address
724 East Sarcee Street, Kamloops, BC, CAN, V2H 1E7
Progressive Planet Solutions Inc is a leader in supplying solutions for a livable planet by developing low-carbon, pozzolan-based, cementing products that replace equivalent amounts of Portland Cement and fly ash in concrete. Progressive Planet operates its flagship Z1 Natural Pozzolan Quarry in Cache Creek, British Columbia, and is earning a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC, and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and U.S. markets.
Executives
Steve Gurney Senior Officer
Stephen Kenneth Harpur Director, Senior Officer
George David Richardson 10% Security Holder

Progressive Planet Solutions (TSXV:PLAN) Headlines

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