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CK Hutchison Holdings (HKSE:00001) Shiller PE Ratio : 2.71 (As of May. 05, 2024)


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What is CK Hutchison Holdings Shiller PE Ratio?

As of today (2024-05-05), CK Hutchison Holdings's current share price is HK$39.30. CK Hutchison Holdings's E10 for the fiscal year that ended in Dec23 was HK$14.48. CK Hutchison Holdings's Shiller PE Ratio for today is 2.71.

The historical rank and industry rank for CK Hutchison Holdings's Shiller PE Ratio or its related term are showing as below:

HKSE:00001' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.48   Med: 4.8   Max: 8.74
Current: 2.71

During the past 13 years, CK Hutchison Holdings's highest Shiller PE Ratio was 8.74. The lowest was 2.48. And the median was 4.80.

HKSE:00001's Shiller PE Ratio is ranked better than
96.48% of 341 companies
in the Conglomerates industry
Industry Median: 16.02 vs HKSE:00001: 2.71

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.

CK Hutchison Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$6.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$14.48 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CK Hutchison Holdings Shiller PE Ratio Historical Data

The historical data trend for CK Hutchison Holdings'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.

CK Hutchison Holdings Shiller PE Ratio Chart

CK Hutchison Holdings 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 4.12 3.19 3.18 3.05 2.89

CK Hutchison Holdings 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 3.18 - 3.05 - 2.89

Competitive Comparison of CK Hutchison Holdings's Shiller PE Ratio

For the Conglomerates subindustry, CK Hutchison Holdings'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.


CK Hutchison Holdings's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CK Hutchison Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CK Hutchison Holdings's Shiller PE Ratio falls into.



CK Hutchison Holdings 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.

CK Hutchison Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=39.30/14.48
=2.71

* 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.

CK Hutchison Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, CK Hutchison Holdings'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)
=6.14/117.2957*117.2957
=6.140

Current CPI (Dec23) = 117.2957.

CK Hutchison Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 23.260 99.707 27.363
201512 36.910 102.015 42.439
201612 8.550 103.225 9.715
201712 9.100 104.984 10.167
201812 10.110 107.622 11.019
201912 10.330 110.700 10.945
202012 7.560 109.711 8.083
202112 8.700 112.349 9.083
202212 9.570 114.548 9.800
202312 6.140 117.296 6.140

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.


CK Hutchison Holdings  (HKSE:00001) 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.


CK Hutchison Holdings Shiller PE Ratio Related Terms

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CK Hutchison Holdings (HKSE:00001) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG
CK Hutchison Holdings, or CKH, is a Hong Kong headquartered conglomerate with key businesses in ports, retail, infrastructure, and telecommunications. The company was created in 2015 to house the merged assets of Cheung Kong Holdings and Hutchison Whampoa as the group sought to flatten out and simplify its original holding structure. CKH contains most of the businesses previously housed in Hutchison Whampoa, minus the property assets, which were spun off into their own listing, CK Asset Holdings. Telecommunications and infrastructure activities now make up the largest share of EBITDA, at around 27%.

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