GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Joinn Laboratories (China) Co Ltd (SHSE:603127) » Definitions » Shiller PE Ratio

Joinn Laboratories (China) Co (SHSE:603127) Shiller PE Ratio : 36.79 (As of May. 25, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Joinn Laboratories (China) Co Shiller PE Ratio?

As of today (2024-05-25), Joinn Laboratories (China) Co's current share price is ¥15.82. Joinn Laboratories (China) Co's E10 for the fiscal year that ended in Dec23 was ¥0.43. Joinn Laboratories (China) Co's Shiller PE Ratio for today is 36.79.

The historical rank and industry rank for Joinn Laboratories (China) Co's Shiller PE Ratio or its related term are showing as below:

SHSE:603127' s Shiller PE Ratio Range Over the Past 10 Years
Min: 36.14   Med: 109.42   Max: 249.81
Current: 36.94

During the past 12 years, Joinn Laboratories (China) Co's highest Shiller PE Ratio was 249.81. The lowest was 36.14. And the median was 109.42.

SHSE:603127's Shiller PE Ratio is ranked worse than
61.25% of 80 companies
in the Medical Diagnostics & Research industry
Industry Median: 28.545 vs SHSE:603127: 36.94

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.

Joinn Laboratories (China) Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was ¥0.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.43 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Joinn Laboratories (China) Co Shiller PE Ratio Historical Data

The historical data trend for Joinn Laboratories (China) Co'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.

Joinn Laboratories (China) Co Shiller PE Ratio Chart

Joinn Laboratories (China) Co 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 - - 248.09 109.20 55.36

Joinn Laboratories (China) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 55.36 -

Competitive Comparison of Joinn Laboratories (China) Co's Shiller PE Ratio

For the Diagnostics & Research subindustry, Joinn Laboratories (China) Co'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.


Joinn Laboratories (China) Co's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Joinn Laboratories (China) Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Joinn Laboratories (China) Co's Shiller PE Ratio falls into.



Joinn Laboratories (China) Co 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.

Joinn Laboratories (China) Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.82/0.43
=36.79

* 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.

Joinn Laboratories (China) Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Joinn Laboratories (China) Co'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)
=0.53/114.7809*114.7809
=0.530

Current CPI (Dec23) = 114.7809.

Joinn Laboratories (China) Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.106 99.000 0.123
201512 0.106 100.600 0.121
201612 0.112 102.600 0.125
201712 0.149 104.500 0.164
201812 0.174 106.500 0.188
201912 0.302 111.200 0.312
202012 0.505 111.500 0.520
202112 0.764 113.108 0.775
202212 1.430 115.116 1.426
202312 0.530 114.781 0.530

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.


Joinn Laboratories (China) Co  (SHSE:603127) 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.


Joinn Laboratories (China) Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Joinn Laboratories (China) Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Joinn Laboratories (China) Co (SHSE:603127) Business Description

Traded in Other Exchanges
Address
A5 Rongjing East Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176
Joinn Laboratories (China) Co Ltd is a non-clinical contract research organization(CRO) focused on drug safety assessment. It operates in three segments: Non-clinical studies services include drug safety assessment, drug metabolism & pharmacokinetics (DMPK) studies, & pharmacology & efficacy studies; Clinical trial & related services segment provides early-stage services such as clinical CRO services, co-managed phase I clinical research units, & bioanalytical services, and: Sales of research models engages in the design, production, breeding, & sales of research models, currently including non-human primates and rodents. The majority is from the Non- Clinical studies services. Its geographical segments are China, the United States, and Other countries, of which the majority is from China.
Executives
Yao Da Lin Director
Sun Yun Xia Director
Zuo Cong Lin Director
Gao Da Peng Director
Li Ye Supervisors
Gu Xiao Lei Director
Feng Yu Xia Director
Gu Jing Liang senior management
Yu Ai Shui senior management
Yin Li Li Supervisors
Sun Hui Ye Supervisors
Gu Mei Fang Director

Joinn Laboratories (China) Co (SHSE:603127) Headlines

No Headlines