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JD.com (HKSE:09618) Shiller PE Ratio : 96.51 (As of May. 07, 2024)


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What is JD.com Shiller PE Ratio?

As of today (2024-05-07), JD.com's current share price is HK$124.50. JD.com's E10 for the quarter that ended in Dec. 2023 was HK$1.29. JD.com's Shiller PE Ratio for today is 96.51.

The historical rank and industry rank for JD.com's Shiller PE Ratio or its related term are showing as below:

HKSE:09618' s Shiller PE Ratio Range Over the Past 10 Years
Min: 66   Med: 207.65   Max: 2198.33
Current: 97.27

During the past years, JD.com's highest Shiller PE Ratio was 2198.33. The lowest was 66.00. And the median was 207.65.

HKSE:09618's Shiller PE Ratio is ranked worse than
93.96% of 563 companies
in the Retail - Cyclical industry
Industry Median: 17.09 vs HKSE:09618: 97.27

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.

JD.com's adjusted earnings per share data for the three months ended in Dec. 2023 was HK$1.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$1.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


JD.com Shiller PE Ratio Historical Data

The historical data trend for JD.com'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.

JD.com Shiller PE Ratio Chart

JD.com 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 - - - 549.96 86.96

JD.com Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 549.96 264.06 150.45 96.65 86.96

Competitive Comparison of JD.com's Shiller PE Ratio

For the Internet Retail subindustry, JD.com'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.


JD.com's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JD.com's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where JD.com's Shiller PE Ratio falls into.



JD.com 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.

JD.com's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=124.50/1.29
=96.51

* 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.

JD.com's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, JD.com's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.17/114.6694*114.6694
=1.170

Current CPI (Dec. 2023) = 114.6694.

JD.com Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -2.432 98.600 -2.828
201406 -1.823 98.200 -2.129
201409 -0.038 98.900 -0.044
201412 -0.107 99.000 -0.124
201503 -0.162 99.900 -0.186
201506 -0.119 99.500 -0.137
201509 -0.116 100.500 -0.132
201512 -1.677 100.600 -1.912
201603 -0.197 102.200 -0.221
201606 -0.053 101.400 -0.060
201609 -0.186 102.400 -0.208
201612 -0.342 102.600 -0.382
201703 0.045 103.200 0.050
201706 -0.097 103.100 -0.108
201709 0.208 104.100 0.229
201712 -0.190 104.500 -0.208
201803 0.323 105.300 0.352
201806 -0.467 104.900 -0.510
201809 0.583 106.600 0.627
201812 -0.943 106.500 -1.015
201903 1.450 107.700 1.544
201906 0.102 107.700 0.109
201909 0.116 109.800 0.121
201912 0.679 111.200 0.700
202003 0.199 112.300 0.203
202006 2.862 110.400 2.973
202009 1.337 111.700 1.373
202012 4.499 111.500 4.627
202103 1.348 112.662 1.372
202106 0.302 111.769 0.310
202109 -1.085 112.215 -1.109
202112 -2.033 113.108 -2.061
202203 -1.184 114.335 -1.187
202206 1.606 114.558 1.608
202209 1.990 115.339 1.978
202212 1.061 115.116 1.057
202303 2.232 115.116 2.223
202306 2.275 114.558 2.277
202309 2.682 115.339 2.666
202312 1.170 114.669 1.170

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.


JD.com  (HKSE:09618) 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.


JD.com Shiller PE Ratio Related Terms

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


JD.com (HKSE:09618) Business Description

Address
No. 18 Kechuang 11 Street, 20th Floor, Building A, Yizhuang Economic and Technological Development Zo, Daxing District, Beijing, CHN, 101111
JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.

JD.com (HKSE:09618) Headlines

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