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Hootech (SZSE:301026) Shiller PE Ratio : 28.08 (As of May. 12, 2024)


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What is Hootech Shiller PE Ratio?

As of today (2024-05-12), Hootech's current share price is ¥25.83. Hootech's E10 for the fiscal year that ended in Dec23 was ¥0.92. Hootech's Shiller PE Ratio for today is 28.08.

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

SZSE:301026' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.09   Med: 31.75   Max: 50.26
Current: 27.94

During the past 11 years, Hootech's highest Shiller PE Ratio was 50.26. The lowest was 22.09. And the median was 31.75.

SZSE:301026's Shiller PE Ratio is ranked worse than
58.38% of 370 companies
in the Metals & Mining industry
Industry Median: 23.345 vs SZSE:301026: 27.94

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.

Hootech's adjusted earnings per share data of for the fiscal year that ended in Dec23 was ¥0.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.92 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hootech Shiller PE Ratio Historical Data

The historical data trend for Hootech'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.

Hootech Shiller PE Ratio Chart

Hootech 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 - - - 48.28 32.94

Hootech 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 - - - 32.94 -

Competitive Comparison of Hootech's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Hootech'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.


Hootech's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hootech's Shiller PE Ratio distribution charts can be found below:

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



Hootech 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.

Hootech's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.83/0.92
=28.08

* 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.

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

For example, Hootech'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)
=0.92/114.6694*114.6694
=0.920

Current CPI (Dec23) = 114.6694.

Hootech Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.400 99.000 0.463
201512 0.400 100.600 0.456
201612 0.190 102.600 0.212
201712 0.385 104.500 0.422
201812 0.575 106.500 0.619
201912 0.795 111.200 0.820
202012 1.426 111.500 1.467
202112 2.545 113.108 2.580
202212 1.290 115.116 1.285
202312 0.920 114.669 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.


Hootech  (SZSE:301026) 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.


Hootech Shiller PE Ratio Related Terms

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Hootech (SZSE:301026) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Liujing Road, Economic and Technological Development Zone, Jiangsu Province, Xuzhou City, CHN, 221004
Hootech Inc is engaged in research and development, production, sales and service of precious metal recycling and related products. The company's business segments are precious metal recycling, precious metal-based new materials, and trading.

Hootech (SZSE:301026) Headlines

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