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Television Broadcasts (Television Broadcasts) Shiller PE Ratio : 11.57 (As of Apr. 26, 2024)


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What is Television Broadcasts Shiller PE Ratio?

As of today (2024-04-26), Television Broadcasts's current share price is $0.81. Television Broadcasts's E10 for the fiscal year that ended in Dec23 was $0.07. Television Broadcasts's Shiller PE Ratio for today is 11.57.

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

TVBCY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.91   Med: 7.38   Max: 21.14
Current: 14.79

During the past 13 years, Television Broadcasts's highest Shiller PE Ratio was 21.14. The lowest was 1.91. And the median was 7.38.

TVBCY's Shiller PE Ratio is ranked better than
92.87% of 421 companies
in the Media - Diversified industry
Industry Median: 16.55 vs TVBCY: 14.79

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.

Television Broadcasts's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $-0.446. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Television Broadcasts Shiller PE Ratio Historical Data

The historical data trend for Television Broadcasts'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.

Television Broadcasts Shiller PE Ratio Chart

Television Broadcasts 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 4.80 3.93 3.12 4.30 14.69

Television Broadcasts 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 3.12 - 4.30 - 14.69

Competitive Comparison of Television Broadcasts's Shiller PE Ratio

For the Broadcasting subindustry, Television Broadcasts'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.


Television Broadcasts's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Television Broadcasts's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Television Broadcasts's Shiller PE Ratio falls into.



Television Broadcasts 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.

Television Broadcasts's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.81/0.07
=11.57

* 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.

Television Broadcasts's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Television Broadcasts'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)
=-0.446/117.2957*117.2957
=-0.446

Current CPI (Dec23) = 117.2957.

Television Broadcasts Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.831 99.707 0.978
201512 0.784 102.015 0.901
201612 0.294 103.225 0.334
201712 0.143 104.984 0.160
201812 -0.115 107.622 -0.125
201912 -0.172 110.700 -0.182
202012 -0.165 109.711 -0.176
202112 -0.380 112.349 -0.397
202212 -0.473 114.548 -0.484
202312 -0.446 117.296 -0.446

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.


Television Broadcasts  (OTCPK:TVBCY) 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.


Television Broadcasts Shiller PE Ratio Related Terms

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Television Broadcasts (Television Broadcasts) Business Description

Traded in Other Exchanges
Address
TVB City, 77 Chun Choi Street, Tseung Kwan O Industrial Estate, Kowloon, Hong Kong, HKG
Television Broadcasts Ltd is a Hong Kong-based company whose activities involve terrestrial television broadcasting, together with programme production and other television-related activities. Its operating segments include Hong Kong TV broadcasting; OTT Streaming; e-Commerce business; Mainland China operations and International operations. The company derives a majority of revenue from the Hong Kong TV broadcasting segment involving the broadcasting of television programmes, commercials on terrestrial TV platforms, production of programmes, online social media platform, music entertainment, event and digital marketing. The group derives revenue from Hong Kong and other countries, of which prime revenue is derived from Hong Kong.

Television Broadcasts (Television Broadcasts) Headlines

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