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Air China (Air China) Shiller PE Ratio : (As of Jun. 07, 2024)


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What is Air China Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Air China Shiller PE Ratio Historical Data

The historical data trend for Air China'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.

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Air China Shiller PE Ratio Chart

Air China 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 15.84 20.65 53.57 - -

Air China 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 - - - - -

Competitive Comparison of Air China's Shiller PE Ratio

For the Airlines subindustry, Air China'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.


Air China's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air China's Shiller PE Ratio distribution charts can be found below:

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



Air China 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.

Air China's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Air China's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.015/117.7354*117.7354
=-0.015

Current CPI (Mar. 2024) = 117.7354.

Air China Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.005 96.409 0.006
201409 0.036 97.948 0.043
201412 0.008 99.707 0.009
201503 0.022 99.927 0.026
201506 0.028 99.267 0.033
201509 0.030 99.927 0.035
201512 0.006 102.015 0.007
201603 0.031 102.785 0.036
201606 0.012 101.686 0.014
201609 0.046 102.565 0.053
201612 -0.006 103.225 -0.007
201703 0.016 103.335 0.018
201706 0.019 103.664 0.022
201709 0.056 103.994 0.063
201712 -0.012 104.984 -0.013
201803 0.030 105.973 0.033
201806 0.009 106.193 0.010
201809 0.038 106.852 0.042
201812 0.003 107.622 0.003
201903 0.030 108.172 0.033
201906 0.004 109.601 0.004
201909 0.037 110.260 0.040
201912 -0.003 110.700 -0.003
202003 -0.050 110.920 -0.053
202006 -0.048 110.590 -0.051
202009 -0.007 107.512 -0.008
202012 -0.047 109.711 -0.050
202103 -0.069 111.579 -0.073
202106 -0.006 111.360 -0.006
202109 -0.040 109.051 -0.043
202112 -0.072 112.349 -0.075
202203 -0.102 113.558 -0.106
202206 -0.114 113.448 -0.118
202209 -0.091 113.778 -0.094
202212 -0.109 114.548 -0.112
202303 -0.028 115.427 -0.029
202306 -0.005 115.647 -0.005
202309 0.036 116.087 0.037
202312 -0.017 117.296 -0.017
202403 -0.015 117.735 -0.015

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.


Air China  (OTCPK:AICAF) 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.


Air China Shiller PE Ratio Related Terms

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Air China (Air China) Business Description

Address
30 Tianzhu Road, Airport Industrial Zone, Blue Sky Mansion, Shunyi District, Beijing, CHN, 101312
Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 762 aircraft as of 2022 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai. The group's route network extends to over 187 destinations and 43 countries and regions.