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Old Chang Kee (SGX:5ML) PE Ratio (TTM) : 11.08 (As of May. 14, 2024)


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What is Old Chang Kee PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-05-14), Old Chang Kee's share price is S$0.72. Old Chang Kee's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was S$0.07. Therefore, Old Chang Kee's PE Ratio (TTM) for today is 11.08.

Warning Sign:

Old Chang Kee Ltd stock PE Ratio (=13.92) is close to 3-year high of 14.68


The historical rank and industry rank for Old Chang Kee's PE Ratio (TTM) or its related term are showing as below:

SGX:5ML' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 9.17   Med: 17.56   Max: 105.71
Current: 11.07


During the past 13 years, the highest PE Ratio (TTM) of Old Chang Kee was 105.71. The lowest was 9.17. And the median was 17.56.


SGX:5ML's PE Ratio (TTM) is ranked better than
86.55% of 238 companies
in the Restaurants industry
Industry Median: 23.37 vs SGX:5ML: 11.07

Old Chang Kee's Earnings per Share (Diluted) for the six months ended in Sep. 2023 was S$0.04. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was S$0.07.

As of today (2024-05-14), Old Chang Kee's share price is S$0.72. Old Chang Kee's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2023 was S$0.07. Therefore, Old Chang Kee's PE Ratio without NRI for today is 11.08.

During the past 13 years, Old Chang Kee's highest PE Ratio without NRI was 33.64. The lowest was 8.68. And the median was 17.50.

Old Chang Kee's EPS without NRI for the six months ended in Sep. 2023 was S$0.04. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2023 was S$0.07.

During the past 12 months, Old Chang Kee's average EPS without NRI Growth Rate was 58.50% per year. During the past 3 years, the average EPS without NRI Growth Rate was 34.10% per year. During the past 5 years, the average EPS without NRI Growth Rate was 13.50% per year. During the past 10 years, the average EPS without NRI Growth Rate was 1.10% per year.

During the past 13 years, Old Chang Kee's highest 3-Year average EPS without NRI Growth Rate was 34.10% per year. The lowest was -14.10% per year. And the median was 2.10% per year.

Old Chang Kee's EPS (Basic) for the six months ended in Sep. 2023 was S$0.04. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2023 was S$0.07.


Old Chang Kee PE Ratio (TTM) Historical Data

The historical data trend for Old Chang Kee's PE Ratio (TTM) 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.

Old Chang Kee PE Ratio (TTM) Chart

Old Chang Kee Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.94 82.86 9.65 14.47 12.65

Old Chang Kee Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
PE Ratio (TTM) 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 At Loss 14.47 At Loss 12.65 At Loss

Competitive Comparison of Old Chang Kee's PE Ratio (TTM)

For the Restaurants subindustry, Old Chang Kee's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Old Chang Kee's PE Ratio (TTM) Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Old Chang Kee's PE Ratio (TTM) falls into.



Old Chang Kee PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Old Chang Kee's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=0.72/0.065
=11.08

Old Chang Kee's Share Price of today is S$0.72.
For company reported semi-annually, Old Chang Kee's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$0.07.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Old Chang Kee  (SGX:5ML) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Old Chang Kee PE Ratio (TTM) Related Terms

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Old Chang Kee (SGX:5ML) Business Description

Traded in Other Exchanges
N/A
Address
2 Woodlands Terrace, Singapore, SGP, 738427
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and derives a majority of its revenue from Singapore. The company is engaged in the manufacture and sale of food products under the Old Chang Kee brand name, Bun Times retail outlets offer Hainanese buns with a range of fillings, such as curry chicken and coconut, and the Curry Times, Take 5 and Mushroom to dine in retail outlets carry a range of local delights, such as laksa, mee siam, nasi lemak, and curry chicken.

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