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Wang On Properties (HKSE:01243) Shiller PE Ratio : 1.60 (As of Jun. 03, 2024)


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What is Wang On Properties Shiller PE Ratio?

As of today (2024-06-03), Wang On Properties's current share price is HK$0.048. Wang On Properties's E10 for the fiscal year that ended in Mar23 was HK$0.03. Wang On Properties's Shiller PE Ratio for today is 1.60.

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

HKSE:01243' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.9   Max: 2.4
Current: 1.6

During the past 11 years, Wang On Properties's highest Shiller PE Ratio was 2.40. The lowest was 1.37. And the median was 1.90.

HKSE:01243's Shiller PE Ratio is ranked better than
93.78% of 1078 companies
in the Real Estate industry
Industry Median: 10.97 vs HKSE:01243: 1.60

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.

Wang On Properties's adjusted earnings per share data of for the fiscal year that ended in Mar23 was HK$0.014. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.03 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wang On Properties Shiller PE Ratio Historical Data

The historical data trend for Wang On Properties'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.

Wang On Properties Shiller PE Ratio Chart

Wang On Properties Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.46 1.95

Wang On Properties Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 2.46 - 1.95 -

Competitive Comparison of Wang On Properties's Shiller PE Ratio

For the Real Estate - Development subindustry, Wang On Properties'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.


Wang On Properties's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wang On Properties's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Wang On Properties's Shiller PE Ratio falls into.



Wang On Properties 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.

Wang On Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.048/0.03
=1.60

* 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.

Wang On Properties's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Wang On Properties's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.014/115.4269*115.4269
=0.014

Current CPI (Mar23) = 115.4269.

Wang On Properties Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.003 95.749 0.004
201503 0.003 99.927 0.003
201603 0.027 102.785 0.030
201703 0.003 103.335 0.003
201803 0.119 105.973 0.130
201903 0.033 108.172 0.035
202003 0.030 110.920 0.031
202103 0.031 111.579 0.032
202203 0.019 113.558 0.019
202303 0.014 115.427 0.014

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.


Wang On Properties  (HKSE:01243) 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.


Wang On Properties Shiller PE Ratio Related Terms

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


Wang On Properties (HKSE:01243) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 3201, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong.
Executives
Tang Ching Ho 2201 Interest of corporation controlled by you
Yau Yuk Yin 2202 Interest of your spouse

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