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Xianhe Co (SHSE:603733) Shiller PE Ratio : 22.74 (As of May. 05, 2024)


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What is Xianhe Co Shiller PE Ratio?

As of today (2024-05-05), Xianhe Co's current share price is ¥18.19. Xianhe Co's E10 for the fiscal year that ended in Dec23 was ¥0.80. Xianhe Co's Shiller PE Ratio for today is 22.74.

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

SHSE:603733' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.53   Med: 22.59   Max: 38.44
Current: 22.82

During the past 11 years, Xianhe Co's highest Shiller PE Ratio was 38.44. The lowest was 15.53. And the median was 22.59.

SHSE:603733's Shiller PE Ratio is ranked worse than
71.58% of 190 companies
in the Forest Products industry
Industry Median: 12.71 vs SHSE:603733: 22.82

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.

Xianhe Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was ¥0.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.80 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xianhe Co Shiller PE Ratio Historical Data

The historical data trend for Xianhe 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.

Xianhe Co Shiller PE Ratio Chart

Xianhe 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 - - - 37.62 20.25

Xianhe 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 - - - 20.25 -

Competitive Comparison of Xianhe Co's Shiller PE Ratio

For the Paper & Paper Products subindustry, Xianhe 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.


Xianhe Co's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Xianhe Co's Shiller PE Ratio distribution charts can be found below:

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



Xianhe 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.

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

Shiller PE Ratio=Share Price/ E10
=18.19/0.8
=22.74

* 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.

Xianhe Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Xianhe Co'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)
=0.72/114.6694*114.6694
=0.720

Current CPI (Dec23) = 114.6694.

Xianhe Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.000 99.000 0.000
201512 0.310 100.600 0.353
201612 0.450 102.600 0.503
201712 0.730 104.500 0.801
201812 0.490 106.500 0.528
201912 0.720 111.200 0.742
202012 1.060 111.500 1.090
202112 1.440 113.108 1.460
202212 0.980 115.116 0.976
202312 0.720 114.669 0.720

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.


Xianhe Co  (SHSE:603733) 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.


Xianhe Co Shiller PE Ratio Related Terms

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Xianhe Co (SHSE:603733) Business Description

Traded in Other Exchanges
N/A
Address
Tongjiang Road, No. 81, Shenjia Economic Development Zone, Hanjiang District, Zhejiang Province, Shengzhou, CHN, 324022
Xianhe Co Ltd develops and produces specialty papers, pulps, paper products, and relevant chemical additives. Its products include cigarette industry paper, decorative base paper, commercial and communication paper, anti-fake paper, low basis weight publishing and printing paper, transfer paper, food and medical packing paper, label release paper, electrical and industrial paper, and specialty pulp.

Xianhe Co (SHSE:603733) Headlines

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