COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) Shiller PE Ratio : 15.32 (As of May. 12, 2024)

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What is COSCO SHIPPING International (Hong Kong) Co Shiller PE Ratio?

As of today (2024-05-12), COSCO SHIPPING International (Hong Kong) Co's current share price is HK$3.83. COSCO SHIPPING International (Hong Kong) Co's E10 for the fiscal year that ended in Dec23 was HK$0.25. COSCO SHIPPING International (Hong Kong) Co's Shiller PE Ratio for today is 15.32.

The historical rank and industry rank for COSCO SHIPPING International (Hong Kong) Co's Shiller PE Ratio or its related term are showing as below:

HKSE:00517' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.95 Med: 7.11 Max: 15.56
Current: 15.56

During the past 13 years, COSCO SHIPPING International (Hong Kong) Co's highest Shiller PE Ratio was 15.56. The lowest was 4.95. And the median was 7.11.

HKSE:00517's Shiller PE Ratio is ranked better than
56.97% of 567 companies
in the Transportation industry
Industry Median: 17.28 vs HKSE:00517: 15.56

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.

COSCO SHIPPING International (Hong Kong) Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.403. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.25 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

COSCO SHIPPING International (Hong Kong) Co Shiller PE Ratio Historical Data

The historical data trend for COSCO SHIPPING International (Hong Kong) Co'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.

COSCO SHIPPING International (Hong Kong) Co Shiller PE Ratio Chart

COSCO SHIPPING International (Hong Kong) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

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6.40

10.26

10.68

11.45

12.35

COSCO SHIPPING International (Hong Kong) Co 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															10.68	-	11.45	-	12.35

Competitive Comparison of COSCO SHIPPING International (Hong Kong) Co's Shiller PE Ratio

For the Marine Shipping subindustry, COSCO SHIPPING International (Hong Kong) Co'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.

COSCO SHIPPING International (Hong Kong) Co's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING International (Hong Kong) Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING International (Hong Kong) Co's Shiller PE Ratio falls into.

COSCO SHIPPING International (Hong Kong) Co 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.

COSCO SHIPPING International (Hong Kong) Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	3.83	/	0.25
	=	15.32

COSCO SHIPPING International (Hong Kong) Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, COSCO SHIPPING International (Hong Kong) Co'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)
	=	0.403	/	117.2957	*	117.2957
	=	0.403

Current CPI (Dec23) = 117.2957.

COSCO SHIPPING International (Hong Kong) Co Annual Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201412	0.233	99.707	0.274
201512	0.218	102.015	0.251
201612	0.155	103.225	0.176
201712	0.233	104.984	0.260
201812	0.187	107.622	0.204
201912	0.216	110.700	0.229
202012	0.221	109.711	0.236
202112	0.188	112.349	0.196
202212	0.227	114.548	0.232
202312	0.403	117.296	0.403

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.

COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) 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.

COSCO SHIPPING International (Hong Kong) Co Shiller PE Ratio Related Terms

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COSCO SHIPPING International (Hong Kong) Co (HKSE:00517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING International (Hong Kong) Co Ltd (HKSE:00517) » Definitions » Shiller PE Ratio

Traded in Other Exchanges

CHDGF:USA CSB:Germany

Address

183 Queen's Road Central, 47th Floor, COSCO Tower, Hong Kong, HKG

Website

https://hk.coscoshipping.com

COSCO SHIPPING International (Hong Kong) Co Ltd is a Hong Kong-based company engaged in services relating to shipbuilding, ship trading, and chartering for the fleet. It carries its operations in six segments including Coatings, Marine equipment and spare parts, Ship trading agency, Insurance brokerage, Marine fuel and other products, and General trading. The majority of its revenue comes from the sale of Marine equipment and spare parts. The company has a business network in Mainland China, Hong Kong, Singapore, Japan, Germany, and the USA, among other countries.

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