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China National Building Material Co (HKSE:03323) Shiller PE Ratio : 2.58 (As of May. 06, 2024)


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What is China National Building Material Co Shiller PE Ratio?

As of today (2024-05-06), China National Building Material Co's current share price is HK$2.92. China National Building Material Co's E10 for the fiscal year that ended in Dec23 was HK$1.13. China National Building Material Co's Shiller PE Ratio for today is 2.58.

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

HKSE:03323' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.38   Med: 6.98   Max: 11.76
Current: 2.58

During the past 13 years, China National Building Material Co's highest Shiller PE Ratio was 11.76. The lowest was 2.38. And the median was 6.98.

HKSE:03323's Shiller PE Ratio is ranked better than
95% of 260 companies
in the Building Materials industry
Industry Median: 14.38 vs HKSE:03323: 2.58

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 National Building Material Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.492. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$1.13 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China National Building Material Co Shiller PE Ratio Historical Data

The historical data trend for China National Building Material 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.

China National Building Material Co Shiller PE Ratio Chart

China National Building Material 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 7.55 7.57 7.53 5.15 2.96

China National Building Material Co 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 7.53 - 5.15 - 2.96

Competitive Comparison of China National Building Material Co's Shiller PE Ratio

For the Building Materials subindustry, China National Building Material 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.


China National Building Material Co's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China National Building Material Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China National Building Material Co's Shiller PE Ratio falls into.



China National Building Material 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.

China National Building Material Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.92/1.13
=2.58

* 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 National Building Material Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, China National Building Material Co'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)
=0.492/114.6694*114.6694
=0.492

Current CPI (Dec23) = 114.6694.

China National Building Material Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.378 99.000 1.596
201512 0.228 100.600 0.260
201612 0.218 102.600 0.244
201712 0.694 104.500 0.762
201812 1.068 106.500 1.150
201912 1.448 111.200 1.493
202012 1.765 111.500 1.815
202112 2.366 113.108 2.399
202212 1.077 115.116 1.073
202312 0.492 114.669 0.492

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 National Building Material Co  (HKSE:03323) 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 National Building Material Co Shiller PE Ratio Related Terms

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China National Building Material Co (HKSE:03323) Business Description

Traded in Other Exchanges
Address
No. 17 Fuxing Road, 21st Floor, Tower 2 (Building B), Guohai Plaza, Haidian District, Beijing, CHN, 100036
China National Building Material Co Ltd a state-owned building material holding company. Its reportable segments are Cement segment which includes production and sale of cement, Concrete segment includes Production and sale of concrete, New Materials segment comprises of Production and sale of glass fiber, composite and lightweight building materials, and Engineering Services includes Provision of engineering services to glass and cement manufacturers and equipment procurement, and others segment comprises Merchandise trading business and others. The company operates in China, Europe, Middle East, Southeast Asia, Oceania, Africa, the Americas, and other countries, out of which the majority of the revenue comes from china.

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