GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Resources Power Holdings Co Ltd (OTCPK:CRPJY) » Definitions » Shiller PE Ratio

China Resources Power Holdings Co (China Resources Power Holdings Co) Shiller PE Ratio : (As of Apr. 26, 2024)


View and export this data going back to 2008. Start your Free Trial

What is China Resources Power Holdings Co Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Resources Power Holdings Co Shiller PE Ratio Historical Data

The historical data trend for China Resources Power Holdings 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.

China Resources Power Holdings Co Shiller PE Ratio Chart

China Resources Power Holdings 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 6.60 5.03 16.04 9.94 -

China Resources Power Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 16.04 - 9.94 - -

Competitive Comparison of China Resources Power Holdings Co's Shiller PE Ratio

For the Utilities - Independent Power Producers subindustry, China Resources Power Holdings 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.


China Resources Power Holdings Co's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Resources Power Holdings Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Resources Power Holdings Co's Shiller PE Ratio falls into.



China Resources Power Holdings 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.

China Resources Power Holdings Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, China Resources Power Holdings 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)
=4.398/117.2957*117.2957
=4.398

Current CPI (Dec23) = 117.2957.

China Resources Power Holdings Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 3.734 99.707 4.393
201512 4.064 102.015 4.673
201612 3.113 103.225 3.537
201712 1.862 104.984 2.080
201812 1.592 107.622 1.735
201912 2.633 110.700 2.790
202012 3.057 109.711 3.268
202112 0.846 112.349 0.883
202212 2.813 114.548 2.880
202312 4.398 117.296 4.398

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.


China Resources Power Holdings Co  (OTCPK:CRPJY) 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.


China Resources Power Holdings Co Shiller PE Ratio Related Terms

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


China Resources Power Holdings Co (China Resources Power Holdings Co) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Rooms 2001-2002, 20th Floor, China Resources Building, Wanchai, HKG
China Resources Power, or CR Power, is one of China's largest independent power producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants and thermal power (coal-fired and gas-fired) plants, which are situated mostly in eastern, central and southern China, with a total attributable operational generation capacity of about 52.6 gigawatts as of end-2022. Renewable energy accounts for about 32.3% of its capacity. China Resources Holdings, a key state-owned conglomerate, owns approximately 62.9% of CR Power's shares outstanding.

China Resources Power Holdings Co (China Resources Power Holdings Co) Headlines