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Shenwan Hongyuan (HK) (HKSE:00218) Shiller PE Ratio : 12.67 (As of May. 19, 2024)


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What is Shenwan Hongyuan (HK) Shiller PE Ratio?

As of today (2024-05-19), Shenwan Hongyuan (HK)'s current share price is HK$0.38. Shenwan Hongyuan (HK)'s E10 for the fiscal year that ended in Dec23 was HK$0.03. Shenwan Hongyuan (HK)'s Shiller PE Ratio for today is 12.67.

The historical rank and industry rank for Shenwan Hongyuan (HK)'s Shiller PE Ratio or its related term are showing as below:

HKSE:00218' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.73   Med: 11.8   Max: 60.57
Current: 13.89

During the past 13 years, Shenwan Hongyuan (HK)'s highest Shiller PE Ratio was 60.57. The lowest was 3.73. And the median was 11.80.

HKSE:00218's Shiller PE Ratio is ranked better than
69.62% of 474 companies
in the Capital Markets industry
Industry Median: 19.58 vs HKSE:00218: 13.89

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.

Shenwan Hongyuan (HK)'s adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$-0.123. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenwan Hongyuan (HK) Shiller PE Ratio Historical Data

The historical data trend for Shenwan Hongyuan (HK)'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.

Shenwan Hongyuan (HK) Shiller PE Ratio Chart

Shenwan Hongyuan (HK) 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 8.43 8.30 8.74 11.11 12.98

Shenwan Hongyuan (HK) 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 8.74 - 11.11 - 12.98

Competitive Comparison of Shenwan Hongyuan (HK)'s Shiller PE Ratio

For the Capital Markets subindustry, Shenwan Hongyuan (HK)'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.


Shenwan Hongyuan (HK)'s Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Shenwan Hongyuan (HK)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shenwan Hongyuan (HK)'s Shiller PE Ratio falls into.



Shenwan Hongyuan (HK) 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.

Shenwan Hongyuan (HK)'s Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.38/0.03
=12.67

* 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.

Shenwan Hongyuan (HK)'s E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Shenwan Hongyuan (HK)'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)
=-0.123/117.2957*117.2957
=-0.123

Current CPI (Dec23) = 117.2957.

Shenwan Hongyuan (HK) Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.132 99.707 0.155
201512 0.232 102.015 0.267
201612 0.103 103.225 0.117
201712 0.131 104.984 0.146
201812 0.121 107.622 0.132
201912 0.094 110.700 0.100
202012 0.113 109.711 0.121
202112 -0.061 112.349 -0.064
202212 -0.564 114.548 -0.578
202312 -0.123 117.296 -0.123

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.


Shenwan Hongyuan (HK)  (HKSE:00218) 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.


Shenwan Hongyuan (HK) Shiller PE Ratio Related Terms

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Shenwan Hongyuan (HK) (HKSE:00218) Business Description

Traded in Other Exchanges
Address
1 Queen's Road East, Tower 3, Level 6, Three Pacific Place, Hong Kong, HKG
Shenwan Hongyuan (HK) Ltd is an investment holding company. It has five business segments including Corporate finance, Wealth management, Institutional services and trading, and Asset management, others. The company's operations are mainly located in Hong Kong. It derives a majority of its revenues from the Wealth management segment.

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