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Tsingtao Brewery Co (Tsingtao Brewery Co) Shiller PE Ratio : 43.85 (As of Apr. 25, 2024)


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What is Tsingtao Brewery Co Shiller PE Ratio?

As of today (2024-04-25), Tsingtao Brewery Co's current share price is $35.52. Tsingtao Brewery Co's E10 for the quarter that ended in Dec. 2023 was $0.81. Tsingtao Brewery Co's Shiller PE Ratio for today is 43.85.

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

TSGTY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.72   Med: 40.47   Max: 76.86
Current: 44.96

During the past years, Tsingtao Brewery Co's highest Shiller PE Ratio was 76.86. The lowest was 21.72. And the median was 40.47.

TSGTY's Shiller PE Ratio is ranked worse than
80.15% of 131 companies
in the Beverages - Alcoholic industry
Industry Median: 23.33 vs TSGTY: 44.96

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.

Tsingtao Brewery Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.331. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsingtao Brewery Co Shiller PE Ratio Historical Data

The historical data trend for Tsingtao Brewery 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.

Tsingtao Brewery Co Shiller PE Ratio Chart

Tsingtao Brewery 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 37.28 71.51 66.61 66.09 42.51

Tsingtao Brewery Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 66.09 71.36 59.34 48.61 42.51

Competitive Comparison of Tsingtao Brewery Co's Shiller PE Ratio

For the Beverages - Brewers subindustry, Tsingtao Brewery 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.


Tsingtao Brewery Co's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tsingtao Brewery Co's Shiller PE Ratio falls into.



Tsingtao Brewery 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.

Tsingtao Brewery Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=35.52/0.81
=43.85

* 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.

Tsingtao Brewery Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Tsingtao Brewery Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.331/114.6694*114.6694
=-0.331

Current CPI (Dec. 2023) = 114.6694.

Tsingtao Brewery Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.352 98.600 0.409
201406 0.486 98.200 0.568
201409 0.467 98.900 0.541
201412 -0.113 99.000 -0.131
201503 0.309 99.900 0.355
201506 0.404 99.500 0.466
201509 0.318 100.500 0.363
201512 -0.019 100.600 -0.022
201603 0.304 102.200 0.341
201606 0.300 101.400 0.339
201609 0.428 102.400 0.479
201612 -0.426 102.600 -0.476
201703 0.311 103.200 0.346
201706 0.309 103.100 0.344
201709 0.406 104.100 0.447
201712 -0.341 104.500 -0.374
201803 0.391 105.300 0.426
201806 0.363 104.900 0.397
201809 0.430 106.600 0.463
201812 -0.364 106.500 -0.392
201903 0.445 107.700 0.474
201906 0.441 107.700 0.470
201909 0.497 109.800 0.519
201912 -0.387 111.200 -0.399
202003 0.283 112.300 0.289
202006 0.688 110.400 0.715
202009 0.609 111.700 0.625
202012 -0.440 111.500 -0.453
202103 0.579 112.662 0.589
202106 0.797 111.769 0.818
202109 0.682 112.215 0.697
202112 -0.265 113.108 -0.269
202203 0.653 114.335 0.655
202206 0.945 114.558 0.946
202209 0.740 115.339 0.736
202212 -0.296 115.116 -0.295
202303 0.773 115.116 0.770
202306 1.009 114.558 1.010
202309 0.745 115.339 0.741
202312 -0.331 114.669 -0.331

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.


Tsingtao Brewery Co  (OTCPK:TSGTY) 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.


Tsingtao Brewery Co Shiller PE Ratio Related Terms

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Tsingtao Brewery Co (Tsingtao Brewery Co) Business Description

Address
No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio in recent years.

Tsingtao Brewery Co (Tsingtao Brewery Co) Headlines