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Power Assets Holdings (Power Assets Holdings) Shiller PE Ratio : 7.22 (As of Apr. 26, 2024)


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What is Power Assets Holdings Shiller PE Ratio?

As of today (2024-04-26), Power Assets Holdings's current share price is $5.778. Power Assets Holdings's E10 for the fiscal year that ended in Dec23 was $0.80. Power Assets Holdings's Shiller PE Ratio for today is 7.22.

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

HGKGY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.21   Med: 7.1   Max: 10.14
Current: 6.96

During the past 13 years, Power Assets Holdings's highest Shiller PE Ratio was 10.14. The lowest was 5.21. And the median was 7.10.

HGKGY's Shiller PE Ratio is ranked better than
80.75% of 187 companies
in the Utilities - Independent Power Producers industry
Industry Median: 19.78 vs HGKGY: 6.96

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.

Power Assets Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $0.361. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.80 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Assets Holdings Shiller PE Ratio Historical Data

The historical data trend for Power Assets Holdings'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.

Power Assets Holdings Shiller PE Ratio Chart

Power Assets Holdings 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 7.97 6.06 7.11 6.41 7.00

Power Assets Holdings 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 7.11 - 6.41 - 7.00

Competitive Comparison of Power Assets Holdings's Shiller PE Ratio

For the Utilities - Independent Power Producers subindustry, Power Assets Holdings'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.


Power Assets Holdings's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Power Assets Holdings 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.

Power Assets Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.778/0.8
=7.22

* 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.

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

For example, Power Assets Holdings'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)
=0.361/117.2957*117.2957
=0.361

Current CPI (Dec23) = 117.2957.

Power Assets Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 3.686 99.707 4.336
201512 0.467 102.015 0.537
201612 0.388 103.225 0.441
201712 0.499 104.984 0.558
201812 0.458 107.622 0.499
201912 0.428 110.700 0.454
202012 0.370 109.711 0.396
202112 0.369 112.349 0.385
202212 0.340 114.548 0.348
202312 0.361 117.296 0.361

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.


Power Assets Holdings  (OTCPK:HGKGY) 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.


Power Assets Holdings Shiller PE Ratio Related Terms

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Power Assets Holdings (Power Assets Holdings) Business Description

Traded in Other Exchanges
Address
2 Queen's Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG
Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the U.K., Australia, Canada, Europe, and New Zealand. Profit from its regulated assets make up around 80% of total income, with contribution from its U.K. and Australian assets totaling more than 60% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CK Infrastructure Holdings.

Power Assets Holdings (Power Assets Holdings) Headlines