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Tianjin Capital Environmental Protection Group Co (SHSE:600874) Shiller PE Ratio : 14.50 (As of May. 14, 2024)


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What is Tianjin Capital Environmental Protection Group Co Shiller PE Ratio?

As of today (2024-05-14), Tianjin Capital Environmental Protection Group Co's current share price is ¥6.09. Tianjin Capital Environmental Protection Group Co's E10 for the quarter that ended in Mar. 2024 was ¥0.42. Tianjin Capital Environmental Protection Group Co's Shiller PE Ratio for today is 14.50.

The historical rank and industry rank for Tianjin Capital Environmental Protection Group Co's Shiller PE Ratio or its related term are showing as below:

SHSE:600874' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.24   Med: 31.54   Max: 98.63
Current: 14.5

During the past years, Tianjin Capital Environmental Protection Group Co's highest Shiller PE Ratio was 98.63. The lowest was 12.24. And the median was 31.54.

SHSE:600874's Shiller PE Ratio is ranked better than
67% of 100 companies
in the Waste Management industry
Industry Median: 21.105 vs SHSE:600874: 14.50

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.

Tianjin Capital Environmental Protection Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tianjin Capital Environmental Protection Group Co Shiller PE Ratio Historical Data

The historical data trend for Tianjin Capital Environmental Protection Group 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.

Tianjin Capital Environmental Protection Group Co Shiller PE Ratio Chart

Tianjin Capital Environmental Protection Group 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 24.18 21.54 20.54 16.07 13.55

Tianjin Capital Environmental Protection Group 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 15.19 14.80 14.41 13.55 13.35

Competitive Comparison of Tianjin Capital Environmental Protection Group Co's Shiller PE Ratio

For the Waste Management subindustry, Tianjin Capital Environmental Protection Group 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.


Tianjin Capital Environmental Protection Group Co's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tianjin Capital Environmental Protection Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tianjin Capital Environmental Protection Group Co's Shiller PE Ratio falls into.



Tianjin Capital Environmental Protection Group 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.

Tianjin Capital Environmental Protection Group Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.09/0.42
=14.50

* 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.

Tianjin Capital Environmental Protection Group Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Tianjin Capital Environmental Protection Group 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)
=0.16/114.6694*114.6694
=0.160

Current CPI (Mar. 2024) = 114.6694.

Tianjin Capital Environmental Protection Group Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.058 98.200 0.068
201409 0.080 98.900 0.093
201412 0.040 99.000 0.046
201503 0.050 99.900 0.057
201506 0.080 99.500 0.092
201509 0.100 100.500 0.114
201512 0.000 100.600 0.000
201603 0.067 102.200 0.075
201606 0.103 101.400 0.116
201609 0.090 102.400 0.101
201612 0.050 102.600 0.056
201703 0.084 103.200 0.093
201706 0.096 103.100 0.107
201709 0.110 104.100 0.121
201712 0.070 104.500 0.077
201803 0.077 105.300 0.084
201806 0.123 104.900 0.134
201809 0.090 106.600 0.097
201812 0.060 106.500 0.065
201903 0.065 107.700 0.069
201906 0.085 107.700 0.091
201909 0.120 109.800 0.125
201912 0.090 111.200 0.093
202003 0.091 112.300 0.093
202006 0.089 110.400 0.092
202009 0.130 111.700 0.133
202012 0.090 111.500 0.093
202103 0.116 112.662 0.118
202106 0.097 111.769 0.100
202109 0.167 112.215 0.171
202112 0.110 113.108 0.112
202203 0.137 114.335 0.137
202206 0.143 114.558 0.143
202209 0.160 115.339 0.159
202212 0.070 115.116 0.070
202303 0.132 115.116 0.131
202306 0.148 114.558 0.148
202309 0.140 115.339 0.139
202312 0.130 114.669 0.130
202403 0.160 114.669 0.160

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.


Tianjin Capital Environmental Protection Group Co  (SHSE:600874) 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.


Tianjin Capital Environmental Protection Group Co Shiller PE Ratio Related Terms

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Tianjin Capital Environmental Protection Group Co (SHSE:600874) Business Description

Traded in Other Exchanges
Address
No. 76, Weijin South Road, 12th Floor, TCEP Building, Nankai District, Tianjin, CHN, 300381
Tianjin Capital Environmental Protection Group Co Ltd is a Chinese company mainly engaged in water utility business, new energy cooling and heating supply business. It provides sewage water treatment, construction and management of the related facility, the supply of tap water, recycled water. The company also provides a heating and cooling supply service which includes design, construction, operations, and transfer of centralized heating and cooling infrastructures, and provision of heating and cooling services. The company manages is business mainly in five segments; Sewage processing and facility, recycled water and pipeline connection, heating and cooling services, tap water operations and sale of environmental protection equipment. The company earns majority of its revenue from China.

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