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APAC Resources (HKSE:01104) Shiller PE Ratio : 6.26 (As of May. 14, 2024)


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What is APAC Resources Shiller PE Ratio?

As of today (2024-05-14), APAC Resources's current share price is HK$1.19. APAC Resources's E10 for the fiscal year that ended in Jun23 was HK$0.19. APAC Resources's Shiller PE Ratio for today is 6.26.

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

HKSE:01104' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.89   Med: 6.37   Max: 36.25
Current: 6.26

During the past 13 years, APAC Resources's highest Shiller PE Ratio was 36.25. The lowest was 4.89. And the median was 6.37.

HKSE:01104's Shiller PE Ratio is ranked better than
87.47% of 471 companies
in the Capital Markets industry
Industry Median: 19.67 vs HKSE:01104: 6.26

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.

APAC Resources's adjusted earnings per share data of for the fiscal year that ended in Jun23 was HK$-0.245. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.19 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


APAC Resources Shiller PE Ratio Historical Data

The historical data trend for APAC Resources'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.

APAC Resources Shiller PE Ratio Chart

APAC Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.20 20.17 - - 5.61

APAC Resources 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 - - - 5.61 -

Competitive Comparison of APAC Resources's Shiller PE Ratio

For the Capital Markets subindustry, APAC Resources'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.


APAC Resources's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, APAC Resources's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where APAC Resources's Shiller PE Ratio falls into.



APAC Resources 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.

APAC Resources's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.19/0.19
=6.26

* 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.

APAC Resources's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, APAC Resources's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.245/115.6468*115.6468
=-0.245

Current CPI (Jun23) = 115.6468.

APAC Resources Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.981 96.409 1.177
201506 -1.004 99.267 -1.170
201606 -0.018 101.686 -0.020
201706 0.579 103.664 0.646
201806 0.375 106.193 0.408
201906 0.680 109.601 0.718
202006 -0.352 110.590 -0.368
202106 1.114 111.360 1.157
202206 -0.370 113.448 -0.377
202306 -0.245 115.647 -0.245

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.


APAC Resources  (HKSE:01104) 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.


APAC Resources Shiller PE Ratio Related Terms

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


APAC Resources (HKSE:01104) Business Description

Traded in Other Exchanges
Address
138 Gloucester Road, Allied Kajima Building, Wanchai, Room 2304, 23rd Floor, Hong Kong, HKG
APAC Resources Ltd is an investment holding company principally engaged in the commodity trading business and natural source investment business. The company operates through three business segments namely Commodity Business which includes trading of commodities, Resource investment which is engaged in the trading of and investment in listed and unlisted securities and Principal investment and financial services which engaged in the provision of loan financing and investments in loan notes, convertible notes, and other financial assets. The company generates maximum revenue from Commodity Business segment.

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