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Top Glove Bhd (SGX:BVA) Shiller PE Ratio : 5.00 (As of May. 03, 2024)


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What is Top Glove Bhd Shiller PE Ratio?

As of today (2024-05-03), Top Glove Bhd's current share price is S$0.25. Top Glove Bhd's E10 for the quarter that ended in Feb. 2024 was S$0.05. Top Glove Bhd's Shiller PE Ratio for today is 5.00.

The historical rank and industry rank for Top Glove Bhd's Shiller PE Ratio or its related term are showing as below:

SGX:BVA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.02   Med: 11.31   Max: 117.25
Current: 5.27

During the past years, Top Glove Bhd's highest Shiller PE Ratio was 117.25. The lowest was 0.02. And the median was 11.31.

SGX:BVA's Shiller PE Ratio is ranked better than
95.74% of 282 companies
in the Medical Devices & Instruments industry
Industry Median: 26.84 vs SGX:BVA: 5.27

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.

Top Glove Bhd's adjusted earnings per share data for the three months ended in Feb. 2024 was S$-0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$0.05 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Top Glove Bhd Shiller PE Ratio Historical Data

The historical data trend for Top Glove Bhd'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.

Top Glove Bhd Shiller PE Ratio Chart

Top Glove Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.86 109.67 25.45 4.74 4.76

Top Glove Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 4.54 6.88 4.76 5.09 5.11

Competitive Comparison of Top Glove Bhd's Shiller PE Ratio

For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.


Top Glove Bhd's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Top Glove Bhd's Shiller PE Ratio falls into.



Top Glove Bhd 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.

Top Glove Bhd's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.25/0.05
=5.00

* 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.

Top Glove Bhd's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, Top Glove Bhd's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.002/129.4194*129.4194
=-0.002

Current CPI (Feb. 2024) = 129.4194.

Top Glove Bhd Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.002 100.373 0.003
201408 0.002 100.352 0.003
201411 0.003 99.635 0.004
201502 0.003 99.032 0.004
201505 0.004 100.333 0.005
201508 0.005 100.548 0.006
201511 0.006 100.135 0.008
201602 0.005 100.040 0.006
201605 0.003 101.355 0.004
201608 0.003 101.617 0.004
201611 0.003 101.829 0.004
201702 0.004 102.779 0.005
201705 0.003 103.256 0.004
201708 0.004 103.587 0.005
201711 0.005 104.072 0.006
201802 0.005 105.052 0.006
201805 0.005 106.148 0.006
201808 0.004 106.383 0.005
201811 0.005 106.338 0.006
201902 0.005 106.649 0.006
201905 0.003 108.048 0.004
201908 0.003 108.245 0.004
201911 0.005 108.519 0.006
202002 0.005 109.139 0.006
202005 0.014 108.175 0.017
202008 0.047 109.662 0.055
202011 0.095 109.793 0.112
202102 0.117 110.968 0.136
202105 0.082 113.576 0.093
202108 0.018 115.421 0.020
202111 0.008 117.269 0.009
202202 0.004 119.703 0.004
202205 0.001 123.323 0.001
202208 -0.002 124.958 -0.002
202211 -0.006 125.607 -0.006
202302 -0.006 126.928 -0.006
202305 -0.005 128.314 -0.005
202308 -0.017 129.538 -0.017
202311 -0.002 129.548 -0.002
202402 -0.002 129.419 -0.002

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.


Top Glove Bhd  (SGX:BVA) 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.


Top Glove Bhd Shiller PE Ratio Related Terms

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Top Glove Bhd (SGX:BVA) Business Description

Traded in Other Exchanges
Address
16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170
Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of world-wide customers. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. Top Glove's products are utilized in an array of end markets such as aerospace, food, Personal care, medical care, oral care and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in North America and Europe generating the majority demand.

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