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Air Change International (ASX:AHJ) Shiller PE Ratio : (As of May. 14, 2024)


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What is Air Change International Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Air Change International Shiller PE Ratio Historical Data

The historical data trend for Air Change International'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.

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Air Change International Shiller PE Ratio Chart

Air Change International Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Shiller PE Ratio
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Air Change International Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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Competitive Comparison of Air Change International's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Air Change International'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.


Air Change International's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Air Change International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Air Change International's Shiller PE Ratio falls into.



Air Change International 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.

Air Change International's E10 for the fiscal year that ended in Jun15 is calculated as:

For example, Air Change International's adjusted earnings per share data for the fiscal year that ended in Jun15 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun15 (Change)*Current CPI (Jun15)
=-0.04/99.8375*99.8375
=-0.040

Current CPI (Jun15) = 99.8375.

Air Change International Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200606 -0.145 79.777 -0.181
200706 -0.114 81.449 -0.140
200806 -0.149 85.071 -0.175
200906 -0.545 86.278 -0.631
201006 -0.076 88.971 -0.085
201106 0.028 92.129 0.030
201206 0.039 93.244 0.042
201306 0.056 95.473 0.059
201406 0.021 98.352 0.021
201506 -0.040 99.838 -0.040

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.


Air Change International  (ASX:AHJ) 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.


Air Change International Shiller PE Ratio Related Terms

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Air Change International (ASX:AHJ) Business Description

Traded in Other Exchanges
N/A
Address
11 Broadhurst Road, Ingleburn, NSW, AUS, 2565
Air Change International Ltd operates through its subsidiaries, designs, manufactures and sells heating, cooling, and ventilation equipment for industrial, commercial, and institutional buildings and processes in Australia. It is a manufacturer of heating, ventilation and air conditioning systems, which incorporates energy and heat recovery technology and minimises the energy required to condition the fresh outdoor air supply for the indoor environment.

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