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

As of today, China Petroleum & Chemical Corp's current share price is $55.20. China Petroleum & Chemical Corp's E10 for the quarter that ended in Dec. 2014 was $7.36. China Petroleum & Chemical Corp's Shiller P/E Ratio for today is 7.50.

SNP' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 7.55   Max: 32.85
Current: 7.33

7.55
32.85

During the past 13 years, China Petroleum & Chemical Corp's highest Shiller P/E Ratio was 32.85. The lowest was 7.55. And the median was 11.55.

SNP's Shiller P/E Ratio is ranked higher than
64% of the 25 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 8.31 vs. SNP: 7.33 )

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 of for the fiscal year that ended in Dec14 was $6.463. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $7.36 for the trailing ten years ended in Dec14.


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
=55.20/7.36
=7.50

* 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 quarter that ended in Dec. 2014 is calculated as:

For example, China Petroleum & Chemical Corp's adjusted earnings per share data for the fiscal year that ended in Dec14 was:

Adj_EPS=Earnigns per Share/CPI of Dec14 (Change)*Current CPI (Dec14)
=6.46349739844/234.812*234.812
=6.463

Current CPI (Dec14) = 234.812.

China Petroleum & Chemical Corp Annual Data

200512200612200712200812200912201012201112201212201312201412
per share eps 5.4057.1997.8973.8479.58611.21011.6008.8248.7266.463
CPI 196.800201.800210.036210.228215.949219.179225.672229.601233.049234.812
Adj_EPS 6.4498.3768.8284.29610.42412.00912.0709.0248.7926.463

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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ShillerPE 0.000.000.000.0031.8416.2612.6711.267.5610.96

China Petroleum & Chemical Corp Semi-Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ShillerPE 0.000.000.000.0031.8416.2612.6711.267.5610.96
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK