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Paramount Bhd (XKLS:1724) Shiller PE Ratio : 4.75 (As of Jun. 01, 2024)


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What is Paramount Bhd Shiller PE Ratio?

As of today (2024-06-01), Paramount Bhd's current share price is RM1.14. Paramount Bhd's E10 for the quarter that ended in Mar. 2024 was RM0.24. Paramount Bhd's Shiller PE Ratio for today is 4.75.

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

XKLS:1724' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.83   Med: 3.38   Max: 4.93
Current: 4.93

During the past years, Paramount Bhd's highest Shiller PE Ratio was 4.93. The lowest was 2.83. And the median was 3.38.

XKLS:1724's Shiller PE Ratio is ranked better than
79.7% of 1079 companies
in the Real Estate industry
Industry Median: 10.97 vs XKLS:1724: 4.93

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.

Paramount Bhd's adjusted earnings per share data for the three months ended in Mar. 2024 was RM0.012. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is RM0.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paramount Bhd Shiller PE Ratio Historical Data

The historical data trend for Paramount Bhd'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.

Paramount Bhd Shiller PE Ratio Chart

Paramount Bhd 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 - - 3.18 3.36 3.96

Paramount Bhd 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 3.28 3.28 4.34 3.96 4.97

Competitive Comparison of Paramount Bhd's Shiller PE Ratio

For the Real Estate - Development subindustry, Paramount Bhd'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.


Paramount Bhd's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Paramount Bhd's Shiller PE Ratio distribution charts can be found below:

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



Paramount Bhd 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.

Paramount Bhd's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.14/0.24
=4.75

* 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.

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

For example, Paramount Bhd'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)
=0.012/131.7762*131.7762
=0.012

Current CPI (Mar. 2024) = 131.7762.

Paramount Bhd Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.036 100.560 0.047
201409 0.026 100.428 0.034
201412 0.016 99.070 0.021
201503 0.039 99.621 0.052
201506 0.024 100.684 0.031
201509 0.026 100.392 0.034
201512 0.025 99.792 0.033
201603 0.016 100.470 0.021
201606 0.039 101.688 0.051
201609 0.018 101.861 0.023
201612 0.050 101.863 0.065
201703 0.011 102.862 0.014
201706 0.029 103.349 0.037
201709 0.134 104.136 0.170
201712 0.039 104.011 0.049
201803 0.011 105.290 0.014
201806 0.068 106.317 0.084
201809 0.025 106.507 0.031
201812 0.043 105.998 0.053
201903 0.010 107.251 0.012
201906 0.045 108.070 0.055
201909 0.048 108.329 0.058
201912 0.062 108.420 0.075
202003 0.738 108.902 0.893
202006 -0.007 108.767 -0.008
202009 0.032 109.815 0.038
202012 0.005 109.897 0.006
202103 0.004 111.754 0.005
202106 0.003 114.631 0.003
202109 0.000 115.734 0.000
202112 0.039 117.630 0.044
202203 0.008 121.301 0.009
202206 0.014 125.017 0.015
202209 0.043 125.227 0.045
202212 0.030 125.222 0.032
202303 0.019 127.348 0.020
202306 0.038 128.729 0.039
202309 0.030 129.860 0.030
202312 0.045 129.419 0.046
202403 0.012 131.776 0.012

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.


Paramount Bhd  (XKLS:1724) 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.


Paramount Bhd Shiller PE Ratio Related Terms

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


Paramount Bhd (XKLS:1724) Business Description

Traded in Other Exchanges
N/A
Address
1, Jalan SS21/58, Level 8, Uptown 1, Damansara Uptown, Petaling Jaya, SGR, MYS, 47400
Paramount Corp Bhd is an investment holding company. The group has three reportable operating segments - Property, Coworking, and Investment and Others. The Property segment which generates maximum revenue is engaged in the development and construction of residential and commercial properties and property investment. The Coworking segment includes the operation of coworking spaces and incubator-related services. Investment and Others segment is involved in the investment holding and provision of group-level corporate services and property investment of campus building.

Paramount Bhd (XKLS:1724) Headlines

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