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Beijing Gehua CATV Network Co (SHSE:600037) Shiller PE Ratio : 18.08 (As of May. 14, 2024)


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What is Beijing Gehua CATV Network Co Shiller PE Ratio?

As of today (2024-05-14), Beijing Gehua CATV Network Co's current share price is ¥6.87. Beijing Gehua CATV Network Co's E10 for the quarter that ended in Mar. 2024 was ¥0.38. Beijing Gehua CATV Network Co's Shiller PE Ratio for today is 18.08.

The historical rank and industry rank for Beijing Gehua CATV Network Co's Shiller PE Ratio or its related term are showing as below:

SHSE:600037' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.62   Med: 22.87   Max: 123.95
Current: 18.08

During the past years, Beijing Gehua CATV Network Co's highest Shiller PE Ratio was 123.95. The lowest was 16.62. And the median was 22.87.

SHSE:600037's Shiller PE Ratio is ranked worse than
54.05% of 420 companies
in the Media - Diversified industry
Industry Median: 16.45 vs SHSE:600037: 18.08

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.

Beijing Gehua CATV Network Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥-0.007. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Gehua CATV Network Co Shiller PE Ratio Historical Data

The historical data trend for Beijing Gehua CATV Network Co'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.

Beijing Gehua CATV Network Co Shiller PE Ratio Chart

Beijing Gehua CATV Network Co 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 18.65 20.22 19.50 18.38 19.99

Beijing Gehua CATV Network Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.10 19.99 19.50 19.99 18.14

Competitive Comparison of Beijing Gehua CATV Network Co's Shiller PE Ratio

For the Broadcasting subindustry, Beijing Gehua CATV Network Co'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.


Beijing Gehua CATV Network Co's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beijing Gehua CATV Network Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Gehua CATV Network Co's Shiller PE Ratio falls into.



Beijing Gehua CATV Network Co 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.

Beijing Gehua CATV Network Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.87/0.38
=18.08

* 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.

Beijing Gehua CATV Network Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Beijing Gehua CATV Network Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.007/114.6694*114.6694
=-0.007

Current CPI (Mar. 2024) = 114.6694.

Beijing Gehua CATV Network Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.121 98.200 0.141
201409 0.100 98.900 0.116
201412 0.257 99.000 0.298
201503 0.101 99.900 0.116
201506 0.171 99.500 0.197
201509 0.113 100.500 0.129
201512 0.210 100.600 0.239
201603 0.133 102.200 0.149
201606 0.159 101.400 0.180
201609 0.136 102.400 0.152
201612 0.094 102.600 0.105
201703 0.128 103.200 0.142
201706 0.145 103.100 0.161
201709 0.186 104.100 0.205
201712 0.089 104.500 0.098
201803 0.123 105.300 0.134
201806 0.140 104.900 0.153
201809 0.130 106.600 0.140
201812 0.106 106.500 0.114
201903 0.179 107.700 0.191
201906 0.134 107.700 0.143
201909 0.026 109.800 0.027
201912 0.079 111.200 0.081
202003 0.014 112.300 0.014
202006 0.040 110.400 0.042
202009 0.055 111.700 0.056
202012 0.009 111.500 0.009
202103 -0.006 112.662 -0.006
202106 0.042 111.769 0.043
202109 0.022 112.215 0.022
202112 0.092 113.108 0.093
202203 0.070 114.335 0.070
202206 -0.034 114.558 -0.034
202209 0.199 115.339 0.198
202212 0.004 115.116 0.004
202303 -0.042 115.116 -0.042
202306 -0.035 114.558 -0.035
202309 0.016 115.339 0.016
202312 -0.063 114.669 -0.063
202403 -0.007 114.669 -0.007

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.


Beijing Gehua CATV Network Co  (SHSE:600037) 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.


Beijing Gehua CATV Network Co Shiller PE Ratio Related Terms

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Beijing Gehua CATV Network Co (SHSE:600037) Business Description

Traded in Other Exchanges
N/A
Address
No.35 Huayuan North Road, Haidian District, Beijing, CHN, 100083
Beijing Gehua CATV Network Co Ltd is engaged in the development and maintenance of radio and television networks. It is involved in the transfer and transmission of radio and television programs, video on demand, network information service business, internet access services based on cable television networks, internet data transmission value-added services, domestic IP telephony services, and cable television advertising design, production, and distribution services. The service scope covers cities, districts, streets, communities and other levels, covering education, finance, medical care, environmental protection, transportation, commerce, safety supervision and other fields.

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