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Capital Environment Holdings (HKSE:03989) Shiller PE Ratio : 4.55 (As of May. 08, 2024)


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What is Capital Environment Holdings Shiller PE Ratio?

As of today (2024-05-08), Capital Environment Holdings's current share price is HK$0.091. Capital Environment Holdings's E10 for the fiscal year that ended in Dec23 was HK$0.02. Capital Environment Holdings's Shiller PE Ratio for today is 4.55.

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

HKSE:03989' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.15   Med: 12.7   Max: 18.4
Current: 5.29

During the past 13 years, Capital Environment Holdings's highest Shiller PE Ratio was 18.40. The lowest was 4.15. And the median was 12.70.

HKSE:03989's Shiller PE Ratio is ranked better than
94% of 100 companies
in the Waste Management industry
Industry Median: 21.275 vs HKSE:03989: 5.29

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.

Capital Environment Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.022. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.02 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital Environment Holdings Shiller PE Ratio Historical Data

The historical data trend for Capital Environment 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.

Capital Environment Holdings Shiller PE Ratio Chart

Capital Environment 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 - - 72.07 14.16 6.19

Capital Environment 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 72.07 - 14.16 - 6.19

Competitive Comparison of Capital Environment Holdings's Shiller PE Ratio

For the Waste Management subindustry, Capital Environment 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.


Capital Environment Holdings's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Capital Environment Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Capital Environment Holdings's Shiller PE Ratio falls into.



Capital Environment 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.

Capital Environment Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.091/0.02
=4.55

* 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.

Capital Environment Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Capital Environment 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)
=0.022/117.2957*117.2957
=0.022

Current CPI (Dec23) = 117.2957.

Capital Environment Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -0.023 99.707 -0.027
201512 0.016 102.015 0.018
201612 0.003 103.225 0.003
201712 0.012 104.984 0.013
201812 0.015 107.622 0.016
201912 0.024 110.700 0.025
202012 0.039 109.711 0.042
202112 0.044 112.349 0.046
202212 0.016 114.548 0.016
202312 0.022 117.296 0.022

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.


Capital Environment Holdings  (HKSE:03989) 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.


Capital Environment Holdings Shiller PE Ratio Related Terms

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Capital Environment Holdings (HKSE:03989) Business Description

Traded in Other Exchanges
Address
12 Harcourt Road, Bank of America Tower, Unit 1613-1618, 16th Floor, Central, Hong Kong, HKG
Capital Environment Holdings Ltd is an investment holding company engaged in the provision of waste treatment technologies and services, which specializes in technology development, design, system integration, project investment, consultancy, operation, and maintenance of waste treatment facilities, especially waste-to-energy projects. The Group has a single reportable segment which is the Waste treatment & waste-to-energy business in the PRC.

Capital Environment Holdings (HKSE:03989) Headlines

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