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Capital Securities (SHSE:601136) Shiller PE Ratio : 79.07 (As of May. 14, 2024)


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What is Capital Securities Shiller PE Ratio?

As of today (2024-05-14), Capital Securities's current share price is ¥22.93. Capital Securities's E10 for the fiscal year that ended in Dec23 was ¥0.29. Capital Securities's Shiller PE Ratio for today is 79.07.

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

SHSE:601136' s Shiller PE Ratio Range Over the Past 10 Years
Min: 51.97   Med: 61.31   Max: 81.48
Current: 79.07

During the past 13 years, Capital Securities's highest Shiller PE Ratio was 81.48. The lowest was 51.97. And the median was 61.31.

SHSE:601136's Shiller PE Ratio is ranked worse than
89.6% of 471 companies
in the Capital Markets industry
Industry Median: 19.67 vs SHSE:601136: 79.07

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.

Capital Securities's adjusted earnings per share data of for the fiscal year that ended in Dec23 was ¥0.260. 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 Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital Securities Shiller PE Ratio Historical Data

The historical data trend for Capital Securities'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.

Capital Securities Shiller PE Ratio Chart

Capital Securities 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 - - - 59.63 59.33

Capital Securities Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 - - - 59.33 -

Competitive Comparison of Capital Securities's Shiller PE Ratio

For the Capital Markets subindustry, Capital Securities'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.


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

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

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



Capital Securities 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.

Capital Securities's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=22.93/0.29
=79.07

* 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.

Capital Securities's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Capital Securities's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.26/114.6694*114.6694
=0.260

Current CPI (Dec23) = 114.6694.

Capital Securities Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201612 0.000 102.600 0.000
201712 0.000 104.500 0.000
201812 0.130 106.500 0.140
201912 0.330 111.200 0.340
202012 0.380 111.500 0.391
202112 0.350 113.108 0.355
202212 0.230 115.116 0.229
202312 0.260 114.669 0.260

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.


Capital Securities  (SHSE:601136) 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.


Capital Securities Shiller PE Ratio Related Terms

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


Capital Securities (SHSE:601136) Business Description

Traded in Other Exchanges
N/A
Address
Yard 5, Anding Road, Floor 11-21, Block A, Building 13, Chaoyang District, Beijing, CHN, 100029
Capital Securities Corp Ltd is a security company. The company's business scope includes securities brokerage, securities investment consulting, financial advisory related to securities trading and securities investment activities, securities underwriting and sponsorship, securities proprietary trading, securities investment fund sales, securities asset management, margin financing and securities lending, agency sales of financial products, Futures companies provide various financial services such as intermediary introduction business.

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