GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Semiconductor Manufacturing International Corp (HKSE:00981) » Definitions » Shiller PE Ratio

Semiconductor Manufacturing International (HKSE:00981) Shiller PE Ratio : 20.51 (As of May. 05, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Semiconductor Manufacturing International Shiller PE Ratio?

As of today (2024-05-05), Semiconductor Manufacturing International's current share price is HK$16.00. Semiconductor Manufacturing International's E10 for the quarter that ended in Dec. 2023 was HK$0.78. Semiconductor Manufacturing International's Shiller PE Ratio for today is 20.51.

The historical rank and industry rank for Semiconductor Manufacturing International's Shiller PE Ratio or its related term are showing as below:

HKSE:00981' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.05   Med: 24.79   Max: 34.93
Current: 20.59

During the past years, Semiconductor Manufacturing International's highest Shiller PE Ratio was 34.93. The lowest was 18.05. And the median was 24.79.

HKSE:00981's Shiller PE Ratio is ranked better than
66.02% of 512 companies
in the Semiconductors industry
Industry Median: 28.085 vs HKSE:00981: 20.59

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.

Semiconductor Manufacturing International's adjusted earnings per share data for the three months ended in Dec. 2023 was HK$0.142. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Semiconductor Manufacturing International Shiller PE Ratio Historical Data

The historical data trend for Semiconductor Manufacturing International'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.

Semiconductor Manufacturing International Shiller PE Ratio Chart

Semiconductor Manufacturing International 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 - - - 22.45 25.56

Semiconductor Manufacturing International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 22.45 24.59 26.48 25.99 25.56

Competitive Comparison of Semiconductor Manufacturing International's Shiller PE Ratio

For the Semiconductors subindustry, Semiconductor Manufacturing International'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.


Semiconductor Manufacturing International's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Semiconductor Manufacturing International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Semiconductor Manufacturing International's Shiller PE Ratio falls into.



Semiconductor Manufacturing International 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.

Semiconductor Manufacturing International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.00/0.78
=20.51

* 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.

Semiconductor Manufacturing International's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Semiconductor Manufacturing International's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.142/114.6694*114.6694
=0.142

Current CPI (Dec. 2023) = 114.6694.

Semiconductor Manufacturing International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.048 98.600 0.056
201406 0.125 98.200 0.146
201409 0.095 98.900 0.110
201412 0.060 99.000 0.069
201503 0.107 99.900 0.123
201506 0.143 99.500 0.165
201509 0.142 100.500 0.162
201512 0.066 100.600 0.075
201603 0.103 102.200 0.116
201606 0.164 101.400 0.185
201609 0.175 102.400 0.196
201612 0.155 102.600 0.173
201703 0.078 103.200 0.087
201706 0.078 103.100 0.087
201709 0.078 104.100 0.086
201712 0.078 104.500 0.086
201803 0.078 105.300 0.085
201806 0.078 104.900 0.085
201809 0.157 106.600 0.169
201812 0.041 106.500 0.044
201903 0.015 107.700 0.016
201906 0.024 107.700 0.026
201909 0.157 109.800 0.164
201912 0.156 111.200 0.161
202003 0.078 112.300 0.080
202006 0.155 110.400 0.161
202009 0.232 111.700 0.238
202012 0.233 111.500 0.240
202103 0.155 112.662 0.158
202106 0.699 111.769 0.717
202109 0.311 112.215 0.318
202112 0.546 113.108 0.554
202203 0.469 114.335 0.470
202206 0.471 114.558 0.471
202209 0.471 115.339 0.468
202212 0.380 115.116 0.379
202303 0.235 115.116 0.234
202306 0.392 114.558 0.392
202309 0.078 115.339 0.078
202312 0.142 114.669 0.142

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.


Semiconductor Manufacturing International  (HKSE:00981) 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.


Semiconductor Manufacturing International Shiller PE Ratio Related Terms

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


Semiconductor Manufacturing International (HKSE:00981) Business Description

Traded in Other Exchanges
Address
No. 18 Zhangjiang Road, Pudong New Area, Shanghai, CHN, 201203
Founded in 2000, Semiconductor Manufacturing International Corp. is the largest Chinese foundry and the fifth-largest globally after TSMC, Samsung Electronics, GlobalFoundries, and United Microelectronics Corp. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs over 21,000 people.

Semiconductor Manufacturing International (HKSE:00981) Headlines

No Headlines