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Jiangsu Zhongtian Technology Co (SHSE:600522) Shiller PE Ratio : 23.39 (As of May. 14, 2024)


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What is Jiangsu Zhongtian Technology Co Shiller PE Ratio?

As of today (2024-05-14), Jiangsu Zhongtian Technology Co's current share price is ¥14.97. Jiangsu Zhongtian Technology Co's E10 for the quarter that ended in Mar. 2024 was ¥0.64. Jiangsu Zhongtian Technology Co's Shiller PE Ratio for today is 23.39.

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

SHSE:600522' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.86   Med: 26.6   Max: 57.1
Current: 23.39

During the past years, Jiangsu Zhongtian Technology Co's highest Shiller PE Ratio was 57.10. The lowest was 14.86. And the median was 26.60.

SHSE:600522's Shiller PE Ratio is ranked better than
55.03% of 1748 companies
in the Industrial Products industry
Industry Median: 25.91 vs SHSE:600522: 23.39

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.

Jiangsu Zhongtian Technology Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.187. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Zhongtian Technology Co Shiller PE Ratio Historical Data

The historical data trend for Jiangsu Zhongtian Technology 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.

Jiangsu Zhongtian Technology Co Shiller PE Ratio Chart

Jiangsu Zhongtian Technology 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 17.02 20.82 34.08 28.24 19.97

Jiangsu Zhongtian Technology 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 29.01 26.05 23.79 19.97 22.02

Competitive Comparison of Jiangsu Zhongtian Technology Co's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Jiangsu Zhongtian Technology 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.


Jiangsu Zhongtian Technology Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Zhongtian Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Zhongtian Technology Co's Shiller PE Ratio falls into.



Jiangsu Zhongtian Technology 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.

Jiangsu Zhongtian Technology Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.97/0.64
=23.39

* 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.

Jiangsu Zhongtian Technology Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Jiangsu Zhongtian Technology 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)
=0.187/114.6694*114.6694
=0.187

Current CPI (Mar. 2024) = 114.6694.

Jiangsu Zhongtian Technology Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.145 98.200 0.169
201409 0.070 98.900 0.081
201412 0.097 99.000 0.112
201503 0.079 99.900 0.091
201506 0.103 99.500 0.119
201509 0.083 100.500 0.095
201512 0.130 100.600 0.148
201603 0.121 102.200 0.136
201606 0.158 101.400 0.179
201609 0.160 102.400 0.179
201612 0.169 102.600 0.189
201703 0.153 103.200 0.170
201706 0.165 103.100 0.184
201709 0.159 104.100 0.175
201712 0.113 104.500 0.124
201803 0.146 105.300 0.159
201806 0.201 104.900 0.220
201809 0.186 106.600 0.200
201812 0.159 106.500 0.171
201903 0.168 107.700 0.179
201906 0.191 107.700 0.203
201909 0.088 109.800 0.092
201912 0.176 111.200 0.181
202003 0.114 112.300 0.116
202006 0.223 110.400 0.232
202009 0.158 111.700 0.162
202012 0.207 111.500 0.213
202103 0.156 112.662 0.159
202106 -0.081 111.769 -0.083
202109 0.081 112.215 0.083
202112 -0.104 113.108 -0.105
202203 0.302 114.335 0.303
202206 0.232 114.558 0.232
202209 0.190 115.339 0.189
202212 0.218 115.116 0.217
202303 0.225 115.116 0.224
202306 0.348 114.558 0.348
202309 0.206 115.339 0.205
202312 0.134 114.669 0.134
202403 0.187 114.669 0.187

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.


Jiangsu Zhongtian Technology Co  (SHSE:600522) 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.


Jiangsu Zhongtian Technology Co Shiller PE Ratio Related Terms

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Jiangsu Zhongtian Technology Co (SHSE:600522) Business Description

Traded in Other Exchanges
N/A
Address
Nantong Economic and Technology Development Zone, Jiangsu, Nantong, CHN, 226009
Jiangsu Zhongtian Technology Co Ltd is a China-based company engaged in the manufacturing and distribution of fiber-optic-communication and power-transmission products. Its products include power cables, fittings, insulators, arresters; conductors, aluminum-clad steel wires, transformers, and power switch gears; optical fibers, optical fiber cables, coaxial cables, and antennas; and submarine composite and FO cables, submarine cable accessories, and ROV cables. The company also offers marine and offshore cables; lithium-ion batteries, solar cell backsheets, and photovoltaic technology products; alloy materials; an optical fiber and optical cable machines.

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