GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Aircraft Leasing Group Holdings Ltd (HKSE:01848) » Definitions » Shiller PE Ratio

China Aircraft Leasing Group Holdings (HKSE:01848) Shiller PE Ratio : 4.51 (As of May. 16, 2024)


View and export this data going back to 2014. Start your Free Trial

What is China Aircraft Leasing Group Holdings Shiller PE Ratio?

As of today (2024-05-16), China Aircraft Leasing Group Holdings's current share price is HK$3.52. China Aircraft Leasing Group Holdings's E10 for the fiscal year that ended in Dec23 was HK$0.78. China Aircraft Leasing Group Holdings's Shiller PE Ratio for today is 4.51.

The historical rank and industry rank for China Aircraft Leasing Group Holdings's Shiller PE Ratio or its related term are showing as below:

HKSE:01848' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.88   Med: 5.03   Max: 6.66
Current: 4.51

During the past 11 years, China Aircraft Leasing Group Holdings's highest Shiller PE Ratio was 6.66. The lowest was 3.88. And the median was 5.03.

HKSE:01848's Shiller PE Ratio is ranked better than
95.64% of 527 companies
in the Business Services industry
Industry Median: 20 vs HKSE:01848: 4.51

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.

China Aircraft Leasing Group Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.038. 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 Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Aircraft Leasing Group Holdings Shiller PE Ratio Historical Data

The historical data trend for China Aircraft Leasing Group Holdings'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.

China Aircraft Leasing Group Holdings Shiller PE Ratio Chart

China Aircraft Leasing Group Holdings 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 - - - 5.40 4.64

China Aircraft Leasing Group Holdings 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 - - 5.40 - 4.64

Competitive Comparison of China Aircraft Leasing Group Holdings's Shiller PE Ratio

For the Rental & Leasing Services subindustry, China Aircraft Leasing Group Holdings'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.


China Aircraft Leasing Group Holdings's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Aircraft Leasing Group Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Aircraft Leasing Group Holdings's Shiller PE Ratio falls into.



China Aircraft Leasing Group Holdings 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.

China Aircraft Leasing Group Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.52/0.78
=4.51

* 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.

China Aircraft Leasing Group Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, China Aircraft Leasing Group Holdings'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)
=0.038/117.2957*117.2957
=0.038

Current CPI (Dec23) = 117.2957.

China Aircraft Leasing Group Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.545 99.707 0.641
201512 0.624 102.015 0.717
201612 0.984 103.225 1.118
201712 1.084 104.984 1.211
201812 1.194 107.622 1.301
201912 1.323 110.700 1.402
202012 0.482 109.711 0.515
202112 0.722 112.349 0.754
202212 0.099 114.548 0.101
202312 0.038 117.296 0.038

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.


China Aircraft Leasing Group Holdings  (HKSE:01848) 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.


China Aircraft Leasing Group Holdings Shiller PE Ratio Related Terms

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


China Aircraft Leasing Group Holdings (HKSE:01848) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, 32nd Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
China Aircraft Leasing Group Holdings Ltd is one of the largest independent aircraft lessors in China. The company delivers multiple types of leases and customizes deals to customer preferences. It has diversified financing channels in onshore and offshore banks, insurance companies, capital and debt markets, and export credit agencies. In addition to providing aircraft leases, the company offers customers lifecycle solutions, including fleet planning, aircraft resales, and aircraft disassembles. China Aircraft Leasing has multiple offices located in Asia and Europe. It works with Chinese and Asian airlines, regional operators, and other international air transportation companies.

China Aircraft Leasing Group Holdings (HKSE:01848) Headlines

No Headlines