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Southwest Securities Co (SHSE:600369) Shiller PE Ratio : 17.36 (As of May. 24, 2024)


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What is Southwest Securities Co Shiller PE Ratio?

As of today (2024-05-24), Southwest Securities Co's current share price is ¥3.82. Southwest Securities Co's E10 for the quarter that ended in Mar. 2024 was ¥0.22. Southwest Securities Co's Shiller PE Ratio for today is 17.36.

The historical rank and industry rank for Southwest Securities Co's Shiller PE Ratio or its related term are showing as below:

SHSE:600369' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.74   Med: 19.74   Max: 38.85
Current: 17.36

During the past years, Southwest Securities Co's highest Shiller PE Ratio was 38.85. The lowest was 9.74. And the median was 19.74.

SHSE:600369's Shiller PE Ratio is ranked better than
55.44% of 478 companies
in the Capital Markets industry
Industry Median: 19.91 vs SHSE:600369: 17.36

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.

Southwest Securities Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southwest Securities Co Shiller PE Ratio Historical Data

The historical data trend for Southwest Securities 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.

Southwest Securities Co Shiller PE Ratio Chart

Southwest Securities 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 24.02 25.67 23.72 16.40 -

Southwest Securities 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 17.06 16.10 18.34 - 17.35

Competitive Comparison of Southwest Securities Co's Shiller PE Ratio

For the Capital Markets subindustry, Southwest Securities 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.


Southwest Securities Co's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Southwest Securities Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Southwest Securities Co's Shiller PE Ratio falls into.



Southwest Securities 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.

Southwest Securities Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.82/0.22
=17.36

* 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.

Southwest Securities Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Southwest Securities 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)
=0.03/115.2271*115.2271
=0.030

Current CPI (Mar. 2024) = 115.2271.

Southwest Securities Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.045 98.200 0.053
201409 0.060 98.900 0.070
201412 0.080 99.000 0.093
201503 0.170 99.900 0.196
201506 0.330 99.500 0.382
201509 0.050 100.500 0.057
201512 0.080 100.600 0.092
201603 0.060 102.200 0.068
201606 0.090 101.400 0.102
201609 0.040 102.400 0.045
201612 -0.030 102.600 -0.034
201703 0.004 103.200 0.004
201706 0.056 103.100 0.063
201709 0.040 104.100 0.044
201712 0.020 104.500 0.022
201803 0.050 105.300 0.055
201806 0.000 104.900 0.000
201809 0.000 106.600 0.000
201812 -0.010 106.500 -0.011
201903 0.070 107.700 0.075
201906 0.020 107.700 0.021
201909 0.030 109.800 0.031
201912 0.060 111.200 0.062
202003 0.040 112.300 0.041
202006 0.040 110.400 0.042
202009 0.050 111.700 0.052
202012 0.050 111.500 0.052
202103 0.040 112.662 0.041
202106 0.060 111.769 0.062
202109 0.040 112.215 0.041
202112 0.020 113.108 0.020
202203 -0.020 114.335 -0.020
202206 0.050 114.558 0.050
202209 0.000 115.339 0.000
202212 0.020 115.116 0.020
202303 0.030 115.116 0.030
202306 0.040 114.558 0.040
202309 0.020 115.339 0.020
202312 0.000 114.781 0.000
202403 0.030 115.227 0.030

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.


Southwest Securities Co  (SHSE:600369) 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.


Southwest Securities Co Shiller PE Ratio Related Terms

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


Southwest Securities Co (SHSE:600369) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Qiaobeiyuan, Southwest Securities Building, Jiangbei District, Chongqing, CHN, 400023
Southwest Securities Co Ltd is a national securities company. Its business includes securities brokerage, securities underwriting and sponsorship, financial consulting, asset management and margin financing. Through asset management, the company provides customers with its special and professional asset management services.

Southwest Securities Co (SHSE:600369) Headlines

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