GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BYD Co Ltd (FRA:BY6) » Definitions » Shiller PE Ratio

BYD Co (FRA:BY6) Shiller PE Ratio : (As of May. 01, 2024)


View and export this data going back to 2007. Start your Free Trial

What is BYD Co Shiller PE Ratio?

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 -

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 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)
=0.201/114.6694*114.6694
=0.201

Current CPI (Mar. 2024) = 114.6694.

BYD Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.017 98.200 0.020
201409 0.001 98.900 0.001
201412 0.002 99.000 0.002
201503 0.007 99.900 0.008
201506 0.020 99.500 0.023
201509 0.084 100.500 0.096
201512 0.047 100.600 0.054
201603 0.044 102.200 0.049
201606 0.074 101.400 0.084
201609 0.071 102.400 0.080
201612 0.068 102.600 0.076
201703 0.027 103.200 0.030
201706 0.051 103.100 0.057
201709 0.047 104.100 0.052
201712 0.056 104.500 0.061
201803 0.003 105.300 0.003
201806 0.018 104.900 0.020
201809 0.045 106.600 0.048
201812 0.056 106.500 0.060
201903 0.033 107.700 0.035
201906 0.031 107.700 0.033
201909 0.003 109.800 0.003
201912 -0.001 111.200 -0.001
202003 0.003 112.300 0.003
202006 0.071 110.400 0.074
202009 0.077 111.700 0.079
202012 0.036 111.500 0.037
202103 0.010 112.662 0.010
202106 0.043 111.769 0.044
202109 0.058 112.215 0.059
202112 0.029 113.108 0.029
202203 0.040 114.335 0.040
202206 0.136 114.558 0.136
202209 0.282 115.339 0.280
202212 0.340 115.116 0.339
202303 0.192 115.116 0.191
202306 0.303 114.558 0.303
202309 0.460 115.339 0.457
202312 0.381 114.669 0.381
202403 0.201 114.669 0.201

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  (FRA:BY6) 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 (FRA:BY6) 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.

BYD Co (FRA:BY6) Headlines

No Headlines