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China Petroleum & Chemical Corp (NYSE:SNP)
Shiller P/E Ratio
7.40 (As of Today)

As of today, China Petroleum & Chemical Corp's current share price is $70.05. China Petroleum & Chemical Corp's E10 for the quarter that ended in Jun. 2016 was $9.46. China Petroleum & Chemical Corp's Shiller P/E Ratio for today is 7.40.

SNP' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 7   Max: 25.98
Current: 7.85

7
25.98

During the past 13 years, China Petroleum & Chemical Corp's highest Shiller P/E Ratio was 25.98. The lowest was 7.00. And the median was 10.37.

SNP's Shiller P/E Ratio is ranked higher than
87% of the 23 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 10.42 vs. SNP: 7.85 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

China Petroleum & Chemical Corp's adjusted earnings per share data for the three months ended in Jun. 2016 was $1.669. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $9.46 for the trailing ten years ended in Jun. 2016.


Definition

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E 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 Petroleum & Chemical Corp's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=70.05/9.46
=7.40

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

China Petroleum & Chemical Corp's E10 for the fiscal year that ended in Dec14 is calculated as:

For example, China Petroleum & Chemical Corp's adjusted earnings per share data for the three months ended in Jun. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=1.66939840952/241.038*241.038
=1.669

Current CPI (Jun. 2016) = 241.038.

China Petroleum & Chemical Corp Quarterly Data

201403201406201409201412201503201506201509201512201603201606
per share eps 1.9442.5202.639-0.7110.2893.1100.2040.7130.8461.669
CPI 236.293238.343238.031234.812236.119238.638237.945236.525238.132241.038
Adj_EPS 1.9832.5482.673-0.7300.2953.1420.2070.7270.8561.669
201109201112201203201206201209201212201303201306201309201312
per share eps 3.2162.9072.2031.0992.4213.0162.3171.6632.8761.778
CPI 226.889225.672229.392229.478231.407229.601232.773233.504234.149233.049
Adj_EPS 3.4163.1052.3151.1542.5223.1662.3991.7172.9601.839
200903200906200909200912201003201006201009201012201103201106
per share eps 1.7263.342-4.6829.1692.4903.0933.0212.4203.2683.173
CPI 212.709215.693215.969215.949217.631217.965218.439219.179223.467225.722
Adj_EPS 1.9563.735-5.22610.2352.7583.4213.3342.6613.5253.388
200609200612200703200706200709200712200803200806200809200812
per share eps 1.7801.7832.3632.3951.5043.3350.0040.3950.0003.847
CPI 202.900201.800205.352208.352208.490210.036213.528218.815218.783210.228
Adj_EPS 2.1152.1292.7732.7711.7393.8280.0040.4350.0004.410

Add all the adjusted EPS together and divide 10 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

China Petroleum & Chemical Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ShillerPE 0.000.000.000.0016.3112.4511.047.4110.768.42

China Petroleum & Chemical Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ShillerPE 8.228.458.6210.7610.8311.437.838.427.937.64
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