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C-Mer Eye Care Holdings (HKSE:03309) Shiller PE Ratio : 98.33 (As of Jun. 01, 2024)


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What is C-Mer Eye Care Holdings Shiller PE Ratio?

As of today (2024-06-01), C-Mer Eye Care Holdings's current share price is HK$2.95. C-Mer Eye Care Holdings's E10 for the fiscal year that ended in Dec23 was HK$0.03. C-Mer Eye Care Holdings's Shiller PE Ratio for today is 98.33.

The historical rank and industry rank for C-Mer Eye Care Holdings's Shiller PE Ratio or its related term are showing as below:

HKSE:03309' s Shiller PE Ratio Range Over the Past 10 Years
Min: 84.33   Med: 99   Max: 111.67
Current: 98.33

During the past 10 years, C-Mer Eye Care Holdings's highest Shiller PE Ratio was 111.67. The lowest was 84.33. And the median was 99.00.

HKSE:03309's Shiller PE Ratio is ranked worse than
93.13% of 233 companies
in the Healthcare Providers & Services industry
Industry Median: 24.91 vs HKSE:03309: 98.33

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.

C-Mer Eye Care Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.049. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


C-Mer Eye Care Holdings Shiller PE Ratio Historical Data

The historical data trend for C-Mer Eye Care 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.

C-Mer Eye Care Holdings Shiller PE Ratio Chart

C-Mer Eye Care 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 - - - - 115.99

C-Mer Eye Care Holdings Semi-Annual Data
Dec14 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 - - - - 115.99

Competitive Comparison of C-Mer Eye Care Holdings's Shiller PE Ratio

For the Medical Care Facilities subindustry, C-Mer Eye Care 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.


C-Mer Eye Care Holdings's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, C-Mer Eye Care Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where C-Mer Eye Care Holdings's Shiller PE Ratio falls into.



C-Mer Eye Care 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.

C-Mer Eye Care Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.95/0.03
=98.33

* 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.

C-Mer Eye Care Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, C-Mer Eye Care 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)
=0.049/117.2957*117.2957
=0.049

Current CPI (Dec23) = 117.2957.

C-Mer Eye Care Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.022 99.707 0.026
201512 0.038 102.015 0.044
201612 0.047 103.225 0.053
201712 0.040 104.984 0.045
201812 0.040 107.622 0.044
201912 0.039 110.700 0.041
202012 -0.006 109.711 -0.006
202112 0.019 112.349 0.020
202212 -0.018 114.548 -0.018
202312 0.049 117.296 0.049

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.


C-Mer Eye Care Holdings  (HKSE:03309) 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.


C-Mer Eye Care Holdings Shiller PE Ratio Related Terms

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C-Mer Eye Care Holdings (HKSE:03309) Business Description

Traded in Other Exchanges
N/A
Address
1-3 Pedder Street, Suite 1335, Central Building, Central, Hong Kong, HKG
C-Mer Eye Care Holdings Ltd provides general medical and surgical hospital services. It provides ophthalmic health care, diagnosis, treatment, surgical treatment services, and the sale of vision aid and pharmaceutical products in Hong Kong and the People's Republic of China. The company offers cataract, cornea, and ocular surface diseases, glaucoma, vitreoretinal and macular diseases, other eye diseases diagnosis and treatment services, and Chinese medicine treatment of eye diseases. Its segments include Sales of medical consumables, Mainland China ophthalmic business and Mainland China dental business. It generates a vast majority of its revenue from the provision of the ophthalmic services segment.
Executives
C-mer Group Limited 2101 Beneficial owner
Lam Shun Chiu Dennis 2201 Interest of corporation controlled by you
Li Xiaoting 2201 Interest of corporation controlled by you

C-Mer Eye Care Holdings (HKSE:03309) Headlines

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