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VSTECS Holdings (HKSE:00856) Shiller PE Ratio : 8.05 (As of Jun. 03, 2024)


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What is VSTECS Holdings Shiller PE Ratio?

As of today (2024-06-03), VSTECS Holdings's current share price is HK$4.83. VSTECS Holdings's E10 for the fiscal year that ended in Dec23 was HK$0.60. VSTECS Holdings's Shiller PE Ratio for today is 8.05.

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

HKSE:00856' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.55   Med: 9.64   Max: 18.32
Current: 8.05

During the past 13 years, VSTECS Holdings's highest Shiller PE Ratio was 18.32. The lowest was 4.55. And the median was 9.64.

HKSE:00856's Shiller PE Ratio is ranked better than
92.06% of 1386 companies
in the Hardware industry
Industry Median: 24.38 vs HKSE:00856: 8.05

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.

VSTECS Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.656. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.60 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


VSTECS Holdings Shiller PE Ratio Historical Data

The historical data trend for VSTECS Holdings'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.

VSTECS Holdings Shiller PE Ratio Chart

VSTECS Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.35 13.75 13.73 7.99 7.32

VSTECS Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 13.73 - 7.99 - 7.32

Competitive Comparison of VSTECS Holdings's Shiller PE Ratio

For the Electronics & Computer Distribution subindustry, VSTECS Holdings'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.


VSTECS Holdings's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, VSTECS Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where VSTECS Holdings's Shiller PE Ratio falls into.



VSTECS Holdings 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.

VSTECS Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.83/0.6
=8.05

* 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.

VSTECS Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, VSTECS Holdings's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.656/117.2957*117.2957
=0.656

Current CPI (Dec23) = 117.2957.

VSTECS Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.406 99.707 0.478
201512 0.299 102.015 0.344
201612 0.382 103.225 0.434
201712 0.503 104.984 0.562
201812 0.515 107.622 0.561
201912 0.570 110.700 0.604
202012 0.755 109.711 0.807
202112 0.927 112.349 0.968
202212 0.582 114.548 0.596
202312 0.656 117.296 0.656

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.


VSTECS Holdings  (HKSE:00856) 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.


VSTECS Holdings Shiller PE Ratio Related Terms

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VSTECS Holdings (HKSE:00856) Business Description

Traded in Other Exchanges
N/A
Address
200 Connaught Road Central, Unit 3312, 33th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
VSTECS Holdings Ltd is an investment holding company engaged in the development of information technology (IT) product channels and the provision of technical solution integration services. Its business segment consists of Consumer electronics, which provides finished IT products; Enterprise systems, which provides enterprise system tools (middleware, operating systems, Unix/NT servers, databases, and storage) for IT infrastructure and IT infrastructure design and implementation, training, maintenance, and support services; and Cloud computing. Majority of revenue is generated from enterprise system segment. Its geographical segments are North Asia and South East Asia.
Executives
Li Jialin
Liu Li
Fmr Llc 2201 Interest of corporation controlled by you
Fidelity Puritan Trust 2101 Beneficial owner
Zhong Guo Jin Chu Kou Yin Hang Shen Zhen Fen Hang 2106 Person having a security interest in shares
Shen Zhen Shi Tou Zi Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you

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