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Fuxing China Group (FRA:3FU1) Shiller PE Ratio : (As of May. 19, 2024)


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What is Fuxing China Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuxing China Group Shiller PE Ratio Historical Data

The historical data trend for Fuxing China Group'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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Fuxing China Group Shiller PE Ratio Chart

Fuxing China Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Fuxing China Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Fuxing China Group's Shiller PE Ratio

For the Apparel Manufacturing subindustry, Fuxing China Group'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.


Fuxing China Group's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fuxing China Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fuxing China Group's Shiller PE Ratio falls into.



Fuxing China Group 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.

Fuxing China Group's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Fuxing China Group'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)
=-0.082/114.7809*114.7809
=-0.082

Current CPI (Dec23) = 114.7809.

Fuxing China Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.077 99.000 0.089
201512 -0.142 100.600 -0.162
201612 -0.562 102.600 -0.629
201712 0.120 104.500 0.132
201812 0.052 106.500 0.056
201912 -0.291 111.200 -0.300
202012 -1.082 111.500 -1.114
202112 0.450 113.108 0.457
202212 0.210 115.116 0.209
202312 -0.082 114.781 -0.082

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.


Fuxing China Group  (FRA:3FU1) 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.


Fuxing China Group Shiller PE Ratio Related Terms

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Fuxing China Group (FRA:3FU1) Business Description

Traded in Other Exchanges
Address
Hangbian Industrial Area, Longhu Town, Fujian Province, Jinjiang, CHN, 362241
Fuxing China Group Ltd is an investment holding company. The company has four reportable operating segments: Zippers, Processing, Trading, and Corporate. The zipper segment is further subdivided into Zipper Chains, and Zipper Sliders. The processing segment includes colour dyeing of fabric tapes for zippers, electroplating services for zipper sliders, and manufacturing and sales of dyed yarn. The Trading segment represents the trading of raw materials, including rubber thread, nylon fabric, and nylon yarn. Its geographical segments are China and Hong Kong, of which China accounts for the majority of its revenue.

Fuxing China Group (FRA:3FU1) Headlines

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