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Hong Leong Finance (SGX:S41) Shiller PE Ratio : 10.87 (As of Apr. 29, 2024)


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What is Hong Leong Finance Shiller PE Ratio?

As of today (2024-04-29), Hong Leong Finance's current share price is S$2.50. Hong Leong Finance's E10 for the fiscal year that ended in Dec23 was S$0.23. Hong Leong Finance's Shiller PE Ratio for today is 10.87.

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

SGX:S41' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.09   Med: 11.5   Max: 13.9
Current: 10.99

During the past 13 years, Hong Leong Finance's highest Shiller PE Ratio was 13.90. The lowest was 9.09. And the median was 11.50.

SGX:S41's Shiller PE Ratio is ranked worse than
55.47% of 1125 companies
in the Banks industry
Industry Median: 10.36 vs SGX:S41: 10.99

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.

Hong Leong Finance's adjusted earnings per share data of for the fiscal year that ended in Dec23 was S$0.208. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$0.23 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hong Leong Finance Shiller PE Ratio Historical Data

The historical data trend for Hong Leong Finance'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.

Hong Leong Finance Shiller PE Ratio Chart

Hong Leong Finance 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 12.61 12.20 11.91 10.86 10.99

Hong Leong Finance 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 11.91 - 10.86 - 10.99

Competitive Comparison of Hong Leong Finance's Shiller PE Ratio

For the Banks - Regional subindustry, Hong Leong Finance'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.


Hong Leong Finance's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hong Leong Finance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hong Leong Finance's Shiller PE Ratio falls into.



Hong Leong Finance 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.

Hong Leong Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.50/0.23
=10.87

* 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.

Hong Leong Finance's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Hong Leong Finance'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)
=0.208/129.4194*129.4194
=0.208

Current CPI (Dec23) = 129.4194.

Hong Leong Finance Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.142 99.070 0.186
201512 0.164 99.792 0.213
201612 0.120 101.863 0.152
201712 0.192 104.011 0.239
201812 0.265 105.998 0.324
201912 0.231 108.420 0.276
202012 0.143 109.897 0.168
202112 0.189 117.630 0.208
202212 0.292 125.222 0.302
202312 0.208 129.419 0.208

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.


Hong Leong Finance  (SGX:S41) 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.


Hong Leong Finance Shiller PE Ratio Related Terms

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Hong Leong Finance (SGX:S41) Business Description

Traded in Other Exchanges
N/A
Address
16 Raffles Quay, No. 01-05, Hong Leong Building, Singapore, SGP, 048581
Hong Leong Finance Ltd offers banking services to business enterprises and retail customers. It specializes in working with small and medium enterprises and offers a variety of credit and loan options for them. For retail customers, Hong Leong offers home and car loans. Net interest income accounts for around 80% of the company's total revenue. Hong Leong generates its remaining revenue through fees and commissions for its advisory and corporate finance services. Hong Leong operates exclusively in Singapore.

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