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Dashang Co (SHSE:600694) Shiller PE Ratio : 7.23 (As of May. 30, 2024)


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What is Dashang Co Shiller PE Ratio?

As of today (2024-05-30), Dashang Co's current share price is ¥20.18. Dashang Co's E10 for the quarter that ended in Mar. 2024 was ¥2.79. Dashang Co's Shiller PE Ratio for today is 7.23.

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

SHSE:600694' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.98   Med: 10.76   Max: 35.61
Current: 7.23

During the past years, Dashang Co's highest Shiller PE Ratio was 35.61. The lowest was 4.98. And the median was 10.76.

SHSE:600694's Shiller PE Ratio is ranked better than
87.19% of 562 companies
in the Retail - Cyclical industry
Industry Median: 17.205 vs SHSE:600694: 7.23

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.

Dashang Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥2.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dashang Co Shiller PE Ratio Historical Data

The historical data trend for Dashang 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.

Dashang Co Shiller PE Ratio Chart

Dashang 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 9.16 6.51 5.89 5.73 5.92

Dashang 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 6.26 5.93 6.13 5.92 6.18

Competitive Comparison of Dashang Co's Shiller PE Ratio

For the Department Stores subindustry, Dashang 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.


Dashang Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dashang Co's Shiller PE Ratio distribution charts can be found below:

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



Dashang 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.

Dashang Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=20.18/2.79
=7.23

* 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.

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

For example, Dashang 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)
=0.92/115.2271*115.2271
=0.920

Current CPI (Mar. 2024) = 115.2271.

Dashang Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.100 98.200 1.291
201409 0.950 98.900 1.107
201412 0.680 99.000 0.791
201503 1.000 99.900 1.153
201506 1.090 99.500 1.262
201509 0.070 100.500 0.080
201512 0.090 100.600 0.103
201603 1.000 102.200 1.127
201606 0.740 101.400 0.841
201609 0.470 102.400 0.529
201612 0.180 102.600 0.202
201703 1.120 103.200 1.251
201706 0.650 103.100 0.726
201709 0.430 104.100 0.476
201712 0.780 104.500 0.860
201803 1.200 105.300 1.313
201806 0.890 104.900 0.978
201809 0.580 106.600 0.627
201812 0.690 106.500 0.747
201903 1.320 107.700 1.412
201906 0.840 107.700 0.899
201909 0.700 109.800 0.735
201912 0.190 111.200 0.197
202003 0.190 112.300 0.195
202006 0.760 110.400 0.793
202009 0.600 111.700 0.619
202012 0.200 111.500 0.207
202103 0.990 112.662 1.013
202106 0.720 111.769 0.742
202109 0.700 112.215 0.719
202112 0.230 113.108 0.234
202203 0.880 114.335 0.887
202206 0.820 114.558 0.825
202209 0.080 115.339 0.080
202212 0.150 115.116 0.150
202303 0.750 115.116 0.751
202306 0.500 114.558 0.503
202309 0.330 115.339 0.330
202312 0.190 114.781 0.191
202403 0.920 115.227 0.920

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.


Dashang Co  (SHSE:600694) 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.


Dashang Co Shiller PE Ratio Related Terms

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


Dashang Co (SHSE:600694) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Qingshan Street, Zhongshan District, Dalian, Liaoning, CHN, 116001
Dashang Co Ltd is a China-based company that operates departmental stores.
Executives
Niu Gang Director

Dashang Co (SHSE:600694) Headlines

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