GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Beijing Jingneng Clean Energy Co Ltd (HKSE:00579) » Definitions » Shiller PE Ratio

Beijing Jingneng Clean Energy Co (HKSE:00579) Shiller PE Ratio : 5.71 (As of May. 15, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Beijing Jingneng Clean Energy Co Shiller PE Ratio?

As of today (2024-05-15), Beijing Jingneng Clean Energy Co's current share price is HK$2.00. Beijing Jingneng Clean Energy Co's E10 for the fiscal year that ended in Dec23 was HK$0.35. Beijing Jingneng Clean Energy Co's Shiller PE Ratio for today is 5.71.

The historical rank and industry rank for Beijing Jingneng Clean Energy Co's Shiller PE Ratio or its related term are showing as below:

HKSE:00579' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.26   Med: 5.67   Max: 6.45
Current: 5.71

During the past 13 years, Beijing Jingneng Clean Energy Co's highest Shiller PE Ratio was 6.45. The lowest was 4.26. And the median was 5.67.

HKSE:00579's Shiller PE Ratio is ranked better than
89.74% of 390 companies
in the Utilities - Regulated industry
Industry Median: 16.2 vs HKSE:00579: 5.71

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.

Beijing Jingneng Clean Energy Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.406. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.35 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Jingneng Clean Energy Co Shiller PE Ratio Historical Data

The historical data trend for Beijing Jingneng Clean Energy Co'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.

Beijing Jingneng Clean Energy Co Shiller PE Ratio Chart

Beijing Jingneng Clean Energy Co 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 4.90 8.57 8.08 5.49 4.99

Beijing Jingneng Clean Energy Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 5.49 - - 4.99 -

Competitive Comparison of Beijing Jingneng Clean Energy Co's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Beijing Jingneng Clean Energy Co'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.


Beijing Jingneng Clean Energy Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Jingneng Clean Energy Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Jingneng Clean Energy Co's Shiller PE Ratio falls into.



Beijing Jingneng Clean Energy Co 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.

Beijing Jingneng Clean Energy Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.00/0.35
=5.71

* 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.

Beijing Jingneng Clean Energy Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Beijing Jingneng Clean Energy Co'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)
=0.406/114.6694*114.6694
=0.406

Current CPI (Dec23) = 114.6694.

Beijing Jingneng Clean Energy Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.230 99.000 0.266
201512 0.334 100.600 0.381
201612 0.319 102.600 0.357
201712 0.306 104.500 0.336
201812 0.302 106.500 0.325
201912 0.282 111.200 0.291
202012 0.331 111.500 0.340
202112 0.376 113.108 0.381
202212 0.385 115.116 0.384
202312 0.406 114.669 0.406

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.


Beijing Jingneng Clean Energy Co  (HKSE:00579) 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.


Beijing Jingneng Clean Energy Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Beijing Jingneng Clean Energy Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Jingneng Clean Energy Co (HKSE:00579) Business Description

Traded in Other Exchanges
Address
No. 6 Xibahe Road, 7/8/9 Floor, Chaoyang District, Beijing, CHN, 100028
Beijing Jingneng Clean Energy Co Ltd H is a subsidiary of the Beijing Energy Holding Company, a state-owned investment enterprise operating in China. The company produces electricity and heat energy from its gas-fired, wind, hydro, and solar power plants. Gas- and wind-powered facilities are responsible for most of this output. Beijing Jingneng Clean Energy generates nearly all of its revenue from the sale of electricity and heat energy resulting from its gas-fired power generation sites. The company is the largest gas-fired power supplier in Beijing and one of the largest wind power operators in China.

Beijing Jingneng Clean Energy Co (HKSE:00579) Headlines

No Headlines