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China Communications Services (HKSE:00552) Shiller PE Ratio : 7.43 (As of May. 22, 2024)


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What is China Communications Services Shiller PE Ratio?

As of today (2024-05-22), China Communications Services's current share price is HK$3.79. China Communications Services's E10 for the fiscal year that ended in Dec23 was HK$0.51. China Communications Services's Shiller PE Ratio for today is 7.43.

The historical rank and industry rank for China Communications Services's Shiller PE Ratio or its related term are showing as below:

HKSE:00552' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.48   Med: 10   Max: 18.11
Current: 7.43

During the past 13 years, China Communications Services's highest Shiller PE Ratio was 18.11. The lowest was 4.48. And the median was 10.00.

HKSE:00552's Shiller PE Ratio is ranked better than
85.59% of 222 companies
in the Telecommunication Services industry
Industry Median: 15.215 vs HKSE:00552: 7.43

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.

China Communications Services's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.567. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.51 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Communications Services Shiller PE Ratio Historical Data

The historical data trend for China Communications Services'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.

China Communications Services Shiller PE Ratio Chart

China Communications Services 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 11.92 7.10 7.68 5.64 6.33

China Communications Services 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 7.68 - 5.64 - 6.33

Competitive Comparison of China Communications Services's Shiller PE Ratio

For the Telecom Services subindustry, China Communications Services'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.


China Communications Services's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Communications Services's Shiller PE Ratio distribution charts can be found below:

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



China Communications Services 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.

China Communications Services's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.79/0.51
=7.43

* 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.

China Communications Services's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, China Communications Services'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)
=0.567/114.7809*114.7809
=0.567

Current CPI (Dec23) = 114.7809.

China Communications Services Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.388 99.000 0.450
201512 0.405 100.600 0.462
201612 0.410 102.600 0.459
201712 0.465 104.500 0.511
201812 0.476 106.500 0.513
201912 0.490 111.200 0.506
202012 0.528 111.500 0.544
202112 0.558 113.108 0.566
202212 0.542 115.116 0.540
202312 0.567 114.781 0.567

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.


China Communications Services  (HKSE:00552) 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.


China Communications Services Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of China Communications Services's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


China Communications Services (HKSE:00552) Business Description

Traded in Other Exchanges
Address
Fenghuangzui Street, Block No. 1, Compound No. 1, Fengtai District, Beijing, CHN, 100073
China Communications Services Corp Ltd is active in the technology sector. It provides integrated comprehensive solutions for the informatization and digitalization sector. It provides integrated solutions, including telecommunications infrastructure services, business process outsourcing services as well as applications, content, and other services to telecommunications operators, government agencies, industrial customers, and small-and-medium enterprises.

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