Sichuan Mingxing Electric Power Co (SHSE:600101) Shiller PE Ratio : 54.48 (As of May. 29, 2024)

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What is Sichuan Mingxing Electric Power Co Shiller PE Ratio?

As of today (2024-05-29), Sichuan Mingxing Electric Power Co's current share price is ¥15.80. Sichuan Mingxing Electric Power Co's E10 for the quarter that ended in Mar. 2024 was ¥0.29. Sichuan Mingxing Electric Power Co's Shiller PE Ratio for today is 54.48.

The historical rank and industry rank for Sichuan Mingxing Electric Power Co's Shiller PE Ratio or its related term are showing as below:

SHSE:600101' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.31 Med: 27.76 Max: 127.91
Current: 54.48

During the past years, Sichuan Mingxing Electric Power Co's highest Shiller PE Ratio was 127.91. The lowest was 14.31. And the median was 27.76.

SHSE:600101's Shiller PE Ratio is ranked worse than
94.57% of 387 companies
in the Utilities - Regulated industry
Industry Median: 15.85 vs SHSE:600101: 54.48

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.

Sichuan Mingxing Electric Power Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.166. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Sichuan Mingxing Electric Power Co Shiller PE Ratio Historical Data

The historical data trend for Sichuan Mingxing Electric Power 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.

Sichuan Mingxing Electric Power Co Shiller PE Ratio Chart

Sichuan Mingxing Electric Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

Get a 7-Day Free Trial

21.03

19.61

28.39

30.07

30.31

Sichuan Mingxing Electric Power 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															29.31	36.33	31.21	30.31	25.74

Competitive Comparison of Sichuan Mingxing Electric Power Co's Shiller PE Ratio

For the Utilities - Diversified subindustry, Sichuan Mingxing Electric Power 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.

Sichuan Mingxing Electric Power Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Mingxing Electric Power Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sichuan Mingxing Electric Power Co's Shiller PE Ratio falls into.

Sichuan Mingxing Electric Power 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.

Sichuan Mingxing Electric Power Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	15.80	/	0.29
	=	54.48

Sichuan Mingxing Electric Power Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Sichuan Mingxing Electric Power 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)
	=	0.166	/	115.2271	*	115.2271
	=	0.166

Current CPI (Mar. 2024) = 115.2271.

Sichuan Mingxing Electric Power Co Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201406	0.065	98.200	0.076
201409	0.144	98.900	0.168
201412	-0.040	99.000	-0.047
201503	0.066	99.900	0.076
201506	0.044	99.500	0.051
201509	0.097	100.500	0.111
201512	0.001	100.600	0.001
201603	0.073	102.200	0.082
201606	0.040	101.400	0.045
201609	0.099	102.400	0.111
201612	-0.012	102.600	-0.013
201703	0.058	103.200	0.065
201706	0.044	103.100	0.049
201709	0.120	104.100	0.133
201712	0.008	104.500	0.009
201803	0.062	105.300	0.068
201806	0.068	104.900	0.075
201809	0.120	106.600	0.130
201812	-0.008	106.500	-0.009
201903	0.071	107.700	0.076
201906	0.049	107.700	0.052
201909	0.104	109.800	0.109
201912	0.014	111.200	0.015
202003	0.062	112.300	0.064
202006	0.042	110.400	0.044
202009	0.083	111.700	0.086
202012	-0.021	111.500	-0.022
202103	0.080	112.662	0.082
202106	0.067	111.769	0.069
202109	0.097	112.215	0.100
202112	0.050	113.108	0.051
202203	0.099	114.335	0.100
202206	0.089	114.558	0.090
202209	0.164	115.339	0.164
202212	0.027	115.116	0.027
202303	0.138	115.116	0.138
202306	0.104	114.558	0.105
202309	0.196	115.339	0.196
202312	-0.012	114.781	-0.012
202403	0.166	115.227	0.166

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.

Sichuan Mingxing Electric Power Co (SHSE:600101) 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.

Sichuan Mingxing Electric Power Co Shiller PE Ratio Related Terms

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Sichuan Mingxing Electric Power Co (SHSE:600101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Sichuan Mingxing Electric Power Co Ltd (SHSE:600101) » Definitions » Shiller PE Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88 Mingyue Road, Mingxing Hotel, 11F, Suining, Sichuan, CHN, 629000

Website

http://www.mxdl.com.cn

Sichuan Mingxing Electric Power Company Limited is mainly engaged in the production of electricity, water, and natural gas in China. It is also involved in the development of mineral resources, real estate, and hotel services.

Executives

Tao Ming	Supervisors
Jiang Qing	senior management

Sichuan Mingxing Electric Power Co (SHSE:600101) Headlines

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