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Central China Securities Co (HKSE:01375) Shiller PE Ratio : 21.60 (As of Apr. 27, 2024)


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What is Central China Securities Co Shiller PE Ratio?

As of today (2024-04-27), Central China Securities Co's current share price is HK$1.08. Central China Securities Co's E10 for the quarter that ended in Dec. 2023 was HK$0.05. Central China Securities Co's Shiller PE Ratio for today is 21.60.

The historical rank and industry rank for Central China Securities Co's Shiller PE Ratio or its related term are showing as below:

HKSE:01375' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.22   Med: 21.94   Max: 26.06
Current: 21.85

During the past years, Central China Securities Co's highest Shiller PE Ratio was 26.06. The lowest was 19.22. And the median was 21.94.

HKSE:01375's Shiller PE Ratio is ranked worse than
55.77% of 468 companies
in the Capital Markets industry
Industry Median: 19.88 vs HKSE:01375: 21.85

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.

Central China Securities Co's adjusted earnings per share data for the three months ended in Dec. 2023 was HK$0.011. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central China Securities Co Shiller PE Ratio Historical Data

The historical data trend for Central China Securities 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.

Central China Securities Co Shiller PE Ratio Chart

Central China Securities 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 - - - - 22.92

Central China Securities Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 20.75 20.97 22.79 22.92

Competitive Comparison of Central China Securities Co's Shiller PE Ratio

For the Capital Markets subindustry, Central China Securities 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.


Central China Securities Co's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Central China Securities Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Central China Securities Co's Shiller PE Ratio falls into.



Central China Securities 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.

Central China Securities Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.08/0.05
=21.60

* 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.

Central China Securities Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Central China Securities Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.011/117.2957*117.2957
=0.011

Current CPI (Dec. 2023) = 117.2957.

Central China Securities Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 0.063 91.902 0.080
201312 0.000 95.090 0.000
201406 0.112 96.409 0.136
201409 0.114 97.948 0.137
201412 0.075 99.707 0.088
201506 0.400 99.267 0.473
201509 0.112 99.927 0.131
201512 0.055 102.015 0.063
201603 0.048 102.785 0.055
201606 0.071 101.686 0.082
201609 0.093 102.565 0.106
201612 0.056 103.225 0.064
201703 0.034 103.335 0.039
201706 0.010 103.664 0.011
201709 0.071 103.994 0.080
201712 0.024 104.984 0.027
201803 0.037 105.973 0.041
201806 0.012 106.193 0.013
201809 -0.011 106.852 -0.012
201812 -0.021 107.622 -0.023
201903 0.058 108.172 0.063
201906 0.011 109.601 0.012
201909 0.022 110.260 0.023
201912 -0.067 110.700 -0.071
202003 -0.022 110.920 -0.023
202006 0.033 110.590 0.035
202009 0.011 107.512 0.012
202012 0.004 109.711 0.004
202103 0.036 111.579 0.038
202106 0.024 111.360 0.025
202109 0.072 109.051 0.077
202112 0.000 112.349 0.000
202203 0.005 113.558 0.005
202206 -0.040 113.448 -0.041
202209 0.055 113.778 0.057
202212 0.000 114.548 0.000
202303 0.023 115.427 0.023
202306 0.022 115.647 0.022
202309 0.009 116.087 0.009
202312 0.011 117.296 0.011

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.


Central China Securities Co  (HKSE:01375) 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.


Central China Securities Co Shiller PE Ratio Related Terms

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Central China Securities Co (HKSE:01375) Business Description

Traded in Other Exchanges
Address
No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Central China Securities Co Ltd is a securities firm in Henan with a full-service business platform and strategic presence in China. Its principal business lines include a brokerage, which is engaged in the trading of stocks, funds, and bonds; margin financing, securities lending, and wealth management services; investment banking, which provides investment banking services including equity financing, debt financing, and financial advisory to institutional clients; investment management, which consists of asset management, direct investment, and fund management; the proprietary trading segment, which is engaged in the trading of securities and derivatives and Other business. Overseas business engage in brokerage, margin financing and Other businesses consist of the treasury function.

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