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BYD Co (HKSE:01211) Shiller PE Ratio : 83.67 (As of May. 11, 2024)


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What is BYD Co Shiller PE Ratio?

As of today (2024-05-11), BYD Co's current share price is HK$223.40. BYD Co's E10 for the quarter that ended in Mar. 2024 was HK$2.67. BYD Co's Shiller PE Ratio for today is 83.67.

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

HKSE:01211' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.23   Med: 120.71   Max: 347.57
Current: 84.89

During the past years, BYD Co's highest Shiller PE Ratio was 347.57. The lowest was 23.23. And the median was 120.71.

HKSE:01211's Shiller PE Ratio is ranked worse than
90.81% of 827 companies
in the Vehicles & Parts industry
Industry Median: 17.99 vs HKSE:01211: 84.89

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.

BYD Co's adjusted earnings per share data for the three months ended in Mar. 2024 was HK$1.705. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$2.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BYD Co Shiller PE Ratio Historical Data

The historical data trend for BYD 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.

BYD Co Shiller PE Ratio Chart

BYD 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 34.47 199.84 269.01 163.46 78.10

BYD Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 152.87 136.93 104.96 78.10 75.46

Competitive Comparison of BYD Co's Shiller PE Ratio

For the Auto Manufacturers subindustry, BYD 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.


BYD Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where BYD Co's Shiller PE Ratio falls into.



BYD 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.

BYD Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=223.40/2.67
=83.67

* 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.

BYD Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, BYD Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.705/114.6694*114.6694
=1.705

Current CPI (Mar. 2024) = 114.6694.

BYD Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.175 98.200 0.204
201409 0.015 98.900 0.017
201412 0.022 99.000 0.025
201503 0.062 99.900 0.071
201506 0.174 99.500 0.201
201509 0.729 100.500 0.832
201512 0.400 100.600 0.456
201603 0.382 102.200 0.429
201606 0.648 101.400 0.733
201609 0.616 102.400 0.690
201612 0.561 102.600 0.627
201703 0.225 103.200 0.250
201706 0.447 103.100 0.497
201709 0.440 104.100 0.485
201712 0.521 104.500 0.572
201803 0.025 105.300 0.027
201806 0.168 104.900 0.184
201809 0.412 106.600 0.443
201812 0.500 106.500 0.538
201903 0.292 107.700 0.311
201906 0.272 107.700 0.290
201909 0.022 109.800 0.023
201912 -0.011 111.200 -0.011
202003 0.022 112.300 0.022
202006 0.622 110.400 0.646
202009 0.706 111.700 0.725
202012 0.344 111.500 0.354
202103 0.095 112.662 0.097
202106 0.399 111.769 0.409
202109 0.530 112.215 0.542
202112 0.257 113.108 0.261
202203 0.345 114.335 0.346
202206 1.125 114.558 1.126
202209 2.192 115.339 2.179
202212 2.803 115.116 2.792
202303 1.617 115.116 1.611
202306 2.570 114.558 2.573
202309 3.840 115.339 3.818
202312 3.249 114.669 3.249
202403 1.705 114.669 1.705

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.


BYD Co  (HKSE:01211) 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.


BYD Co Shiller PE Ratio Related Terms

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


BYD Co (HKSE:01211) Business Description

Address
No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.

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