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Heilongjiang Agriculture Co (SHSE:600598) Shiller PE Ratio : 24.83 (As of Apr. 28, 2024)


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What is Heilongjiang Agriculture Co Shiller PE Ratio?

As of today (2024-04-28), Heilongjiang Agriculture Co's current share price is ¥12.91. Heilongjiang Agriculture Co's E10 for the quarter that ended in Dec. 2023 was ¥0.52. Heilongjiang Agriculture Co's Shiller PE Ratio for today is 24.83.

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

SHSE:600598' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.85   Med: 39.94   Max: 102.96
Current: 24.97

During the past years, Heilongjiang Agriculture Co's highest Shiller PE Ratio was 102.96. The lowest was 21.85. And the median was 39.94.

SHSE:600598's Shiller PE Ratio is ranked worse than
64.49% of 1070 companies
in the Consumer Packaged Goods industry
Industry Median: 18.64 vs SHSE:600598: 24.97

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.

Heilongjiang Agriculture Co's adjusted earnings per share data for the three months ended in Dec. 2023 was ¥-0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heilongjiang Agriculture Co Shiller PE Ratio Historical Data

The historical data trend for Heilongjiang Agriculture 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.

Heilongjiang Agriculture Co Shiller PE Ratio Chart

Heilongjiang Agriculture 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 31.30 56.28 40.45 31.67 23.15

Heilongjiang Agriculture 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 31.67 29.56 27.59 26.23 23.15

Competitive Comparison of Heilongjiang Agriculture Co's Shiller PE Ratio

For the Farm Products subindustry, Heilongjiang Agriculture 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.


Heilongjiang Agriculture Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Heilongjiang Agriculture Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Heilongjiang Agriculture Co's Shiller PE Ratio falls into.



Heilongjiang Agriculture 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.

Heilongjiang Agriculture Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=12.91/0.52
=24.83

* 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.

Heilongjiang Agriculture Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Heilongjiang Agriculture 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)
=-0.13/114.6694*114.6694
=-0.130

Current CPI (Dec. 2023) = 114.6694.

Heilongjiang Agriculture Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.463 98.600 0.538
201406 0.095 98.200 0.111
201409 0.121 98.900 0.140
201412 -0.229 99.000 -0.265
201503 0.087 99.900 0.100
201506 0.255 99.500 0.294
201509 0.128 100.500 0.146
201512 -0.099 100.600 -0.113
201603 0.048 102.200 0.054
201606 0.285 101.400 0.322
201609 0.115 102.400 0.129
201612 -0.034 102.600 -0.038
201703 0.137 103.200 0.152
201706 0.158 103.100 0.176
201709 0.133 104.100 0.147
201712 0.011 104.500 0.012
201803 0.162 105.300 0.176
201806 0.242 104.900 0.265
201809 0.144 106.600 0.155
201812 0.001 106.500 0.001
201903 0.153 107.700 0.163
201906 0.243 107.700 0.259
201909 0.151 109.800 0.158
201912 -0.070 111.200 -0.072
202003 0.212 112.300 0.216
202006 0.235 110.400 0.244
202009 0.137 111.700 0.141
202012 -0.027 111.500 -0.028
202103 0.211 112.662 0.215
202106 0.222 111.769 0.228
202109 0.046 112.215 0.047
202112 -0.046 113.108 -0.047
202203 0.248 114.335 0.249
202206 0.276 114.558 0.276
202209 0.201 115.339 0.200
202212 -0.176 115.116 -0.175
202303 0.301 115.116 0.300
202306 0.239 114.558 0.239
202309 0.188 115.339 0.187
202312 -0.130 114.669 -0.130

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.


Heilongjiang Agriculture Co  (SHSE:600598) 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.


Heilongjiang Agriculture Co Shiller PE Ratio Related Terms

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Heilongjiang Agriculture Co (SHSE:600598) Business Description

Traded in Other Exchanges
N/A
Address
No.263 Hanshui Road, Nangang District, Heilongjiang Province, Harbin, CHN, 150090
Heilongjiang Agriculture Co Ltd is an agricultural company. It produces flour, oil, meat, milk and potatoes.

Heilongjiang Agriculture Co (SHSE:600598) Headlines

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