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Sea Harvest Group (JSE:SHG) Shiller PE Ratio : 6.55 (As of May. 23, 2024)


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What is Sea Harvest Group Shiller PE Ratio?

As of today (2024-05-23), Sea Harvest Group's current share price is R7.73. Sea Harvest Group's E10 for the fiscal year that ended in Dec23 was R1.18. Sea Harvest Group's Shiller PE Ratio for today is 6.55.

The historical rank and industry rank for Sea Harvest Group's Shiller PE Ratio or its related term are showing as below:

JSE:SHG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.36   Med: 7.3   Max: 7.58
Current: 6.55

During the past 10 years, Sea Harvest Group's highest Shiller PE Ratio was 7.58. The lowest was 6.36. And the median was 7.30.

JSE:SHG's Shiller PE Ratio is ranked better than
93.11% of 1074 companies
in the Consumer Packaged Goods industry
Industry Median: 18.86 vs JSE:SHG: 6.55

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.

Sea Harvest Group's adjusted earnings per share data of for the fiscal year that ended in Dec23 was R1.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R1.18 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sea Harvest Group Shiller PE Ratio Historical Data

The historical data trend for Sea Harvest Group'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.

Sea Harvest Group Shiller PE Ratio Chart

Sea Harvest Group 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 - - - - 8.01

Sea Harvest Group Semi-Annual Data
Dec14 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 - - - - 8.01

Competitive Comparison of Sea Harvest Group's Shiller PE Ratio

For the Farm Products subindustry, Sea Harvest Group'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.


Sea Harvest Group's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sea Harvest Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sea Harvest Group's Shiller PE Ratio falls into.



Sea Harvest Group 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.

Sea Harvest Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.73/1.18
=6.55

* 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.

Sea Harvest Group's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Sea Harvest Group'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)
=1/152.7175*152.7175
=1.000

Current CPI (Dec23) = 152.7175.

Sea Harvest Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.161 96.794 0.254
201512 0.182 101.808 0.273
201612 0.540 109.002 0.757
201712 1.147 113.907 1.538
201812 1.086 118.921 1.395
201912 1.433 123.717 1.769
202012 1.490 127.467 1.785
202112 1.660 135.029 1.877
202212 1.090 145.156 1.147
202312 1.000 152.718 1.000

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.


Sea Harvest Group  (JSE:SHG) 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.


Sea Harvest Group Shiller PE Ratio Related Terms

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Sea Harvest Group (JSE:SHG) Business Description

Traded in Other Exchanges
N/A
Address
Searle Street, 1st Floor, Block C, The Boulevard Office Park, Woodstock, Cape Town, ZAF, 7925
Sea Harvest Group Ltd is engaged in the fishing of Cape Hake and Shark Bay Prawns along with Horse Mackerel, Pilchards, Anchovies, and a variety of farmed species, processing of the catch into frozen and chilled seafood, and the marketing of these products, locally and internationally. It operates in four segments: South African Fishing, Australian operation, Aquaculture, and Cape Harvest Foods segments." The majority of its revenue comes from the South African Fishing segment.