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Tianjin Port Development Holdings (HKSE:03382) Shiller PE Ratio : 6.18 (As of May. 19, 2024)


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What is Tianjin Port Development Holdings Shiller PE Ratio?

As of today (2024-05-19), Tianjin Port Development Holdings's current share price is HK$0.68. Tianjin Port Development Holdings's E10 for the fiscal year that ended in Dec23 was HK$0.11. Tianjin Port Development Holdings's Shiller PE Ratio for today is 6.18.

The historical rank and industry rank for Tianjin Port Development Holdings's Shiller PE Ratio or its related term are showing as below:

HKSE:03382' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.96   Med: 6.32   Max: 17.86
Current: 6.23

During the past 13 years, Tianjin Port Development Holdings's highest Shiller PE Ratio was 17.86. The lowest was 3.96. And the median was 6.32.

HKSE:03382's Shiller PE Ratio is ranked better than
91.89% of 567 companies
in the Transportation industry
Industry Median: 17.17 vs HKSE:03382: 6.23

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.

Tianjin Port Development Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.118. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.11 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tianjin Port Development Holdings Shiller PE Ratio Historical Data

The historical data trend for Tianjin Port Development 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.

Tianjin Port Development Holdings Shiller PE Ratio Chart

Tianjin Port Development 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 6.71 5.58 5.27 5.13 4.26

Tianjin Port Development 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 5.27 - 5.13 - 4.26

Competitive Comparison of Tianjin Port Development Holdings's Shiller PE Ratio

For the Marine Shipping subindustry, Tianjin Port Development 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.


Tianjin Port Development Holdings's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tianjin Port Development Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tianjin Port Development Holdings's Shiller PE Ratio falls into.



Tianjin Port Development 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.

Tianjin Port Development Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.68/0.11
=6.18

* 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.

Tianjin Port Development Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Tianjin Port Development 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)
=0.118/117.2957*117.2957
=0.118

Current CPI (Dec23) = 117.2957.

Tianjin Port Development Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.133 99.707 0.156
201512 0.104 102.015 0.120
201612 0.086 103.225 0.098
201712 0.126 104.984 0.141
201812 0.063 107.622 0.069
201912 0.063 110.700 0.067
202012 0.103 109.711 0.110
202112 0.150 112.349 0.157
202212 0.056 114.548 0.057
202312 0.118 117.296 0.118

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.


Tianjin Port Development Holdings  (HKSE:03382) 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.


Tianjin Port Development Holdings Shiller PE Ratio Related Terms

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Tianjin Port Development Holdings (HKSE:03382) Business Description

Traded in Other Exchanges
Address
Times Square, 1 Matheson Street, Suite 3904-3907, 39th Floor, Tower Two, Causeway Bay, Hong Kong, HKG
Tianjin Port Development Holdings Ltd is a transportation and logistics company that operates the Tianjin Port in the People's Republic of China. The company organizes itself into three segments: non-containerised and container cargo handling, sales, and other port ancillary services. The cargo handling segment, which generates the majority of revenue, handles both container and non-container cargo. Sales, the next most significant segment, sells fuel and other supplies and materials. Other port ancillary services include tugboat services, agency services, tallying, and other services.

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