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BYD Co (SZSE:002594) Shiller PE Ratio : 81.23 (As of May. 05, 2024)


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What is BYD Co Shiller PE Ratio?

As of today (2024-05-05), BYD Co's current share price is ¥218.50. BYD Co's E10 for the quarter that ended in Mar. 2024 was ¥2.69. BYD Co's Shiller PE Ratio for today is 81.23.

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

SZSE:002594' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.23   Med: 121.51   Max: 347.57
Current: 81.19

During the past years, BYD Co's highest Shiller PE Ratio was 347.57. The lowest was 23.23. And the median was 121.51.

SZSE:002594's Shiller PE Ratio is ranked worse than
90.61% of 820 companies
in the Vehicles & Parts industry
Industry Median: 17.835 vs SZSE:002594: 81.19

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.

BYD Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥1.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥2.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BYD Co Shiller PE Ratio Historical Data

The historical data trend for BYD 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.

BYD Co Shiller PE Ratio Chart

BYD 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 34.47 199.84 269.01 163.46 78.10

BYD 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 152.87 136.93 104.96 78.10 75.46

Competitive Comparison of BYD Co's Shiller PE Ratio

For the Auto Manufacturers subindustry, BYD 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.


BYD Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's Shiller PE Ratio distribution charts can be found below:

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



BYD 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.

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

Shiller PE Ratio=Share Price/ E10
=218.50/2.69
=81.23

* 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.

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

For example, BYD 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)
=1.57/114.6694*114.6694
=1.570

Current CPI (Mar. 2024) = 114.6694.

BYD Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.141 98.200 0.165
201409 0.012 98.900 0.014
201412 0.018 99.000 0.021
201503 0.050 99.900 0.057
201506 0.140 99.500 0.161
201509 0.599 100.500 0.683
201512 0.333 100.600 0.380
201603 0.320 102.200 0.359
201606 0.550 101.400 0.622
201609 0.530 102.400 0.594
201612 0.500 102.600 0.559
201703 0.200 103.200 0.222
201706 0.390 103.100 0.434
201709 0.370 104.100 0.408
201712 0.440 104.500 0.483
201803 0.020 105.300 0.022
201806 0.138 104.900 0.151
201809 0.360 106.600 0.387
201812 0.440 106.500 0.474
201903 0.250 107.700 0.266
201906 0.240 107.700 0.256
201909 0.020 109.800 0.021
201912 -0.010 111.200 -0.010
202003 0.020 112.300 0.020
202006 0.568 110.400 0.590
202009 0.620 111.700 0.636
202012 0.290 111.500 0.298
202103 0.080 112.662 0.081
202106 0.330 111.769 0.339
202109 0.440 112.215 0.450
202112 0.210 113.108 0.213
202203 0.280 114.335 0.281
202206 0.960 114.558 0.961
202209 1.960 115.339 1.949
202212 2.510 115.116 2.500
202303 1.420 115.116 1.414
202306 2.350 114.558 2.352
202309 3.580 115.339 3.559
202312 2.970 114.669 2.970
202403 1.570 114.669 1.570

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.


BYD Co  (SZSE:002594) 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.


BYD Co Shiller PE Ratio Related Terms

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


BYD Co (SZSE:002594) Business Description

Address
No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.

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