GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Carpenter Tan Holdings Ltd (HKSE:00837) » Definitions » Shiller PE Ratio

Carpenter Tan Holdings (HKSE:00837) Shiller PE Ratio : 9.42 (As of May. 12, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Carpenter Tan Holdings Shiller PE Ratio?

As of today (2024-05-12), Carpenter Tan Holdings's current share price is HK$5.56. Carpenter Tan Holdings's E10 for the fiscal year that ended in Dec23 was HK$0.59. Carpenter Tan Holdings's Shiller PE Ratio for today is 9.42.

The historical rank and industry rank for Carpenter Tan Holdings's Shiller PE Ratio or its related term are showing as below:

HKSE:00837' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.67   Med: 7.18   Max: 12.31
Current: 9.42

During the past 13 years, Carpenter Tan Holdings's highest Shiller PE Ratio was 12.31. The lowest was 4.67. And the median was 7.18.

HKSE:00837's Shiller PE Ratio is ranked better than
78.63% of 262 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 19.8 vs HKSE:00837: 9.42

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.

Carpenter Tan Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.764. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.59 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carpenter Tan Holdings Shiller PE Ratio Historical Data

The historical data trend for Carpenter Tan Holdings'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.

Carpenter Tan Holdings Shiller PE Ratio Chart

Carpenter Tan Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.58 7.21 5.77 5.83 8.36

Carpenter Tan Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.77 - 5.83 - 8.36

Competitive Comparison of Carpenter Tan Holdings's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, Carpenter Tan Holdings'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.


Carpenter Tan Holdings's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Carpenter Tan Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Carpenter Tan Holdings's Shiller PE Ratio falls into.



Carpenter Tan Holdings 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.

Carpenter Tan Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.56/0.59
=9.42

* 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.

Carpenter Tan Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Carpenter Tan Holdings'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)
=0.764/114.6694*114.6694
=0.764

Current CPI (Dec23) = 114.6694.

Carpenter Tan Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.645 99.000 0.747
201512 0.576 100.600 0.657
201612 0.511 102.600 0.571
201712 0.572 104.500 0.628
201812 0.523 106.500 0.563
201912 0.548 111.200 0.565
202012 0.377 111.500 0.388
202112 0.530 113.108 0.537
202212 0.482 115.116 0.480
202312 0.764 114.669 0.764

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.


Carpenter Tan Holdings  (HKSE:00837) 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.


Carpenter Tan Holdings Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Carpenter Tan Holdings's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Carpenter Tan Holdings (HKSE:00837) Business Description

Traded in Other Exchanges
N/A
Address
1A-1L Tung Choi Street, Room 708, 7th Floor, Witty Commercial Building, Mong Kok, Kowloon, Hong Kong, CHN
Carpenter Tan Holdings Ltd is engaged in the design, manufacture, and distribution of small wooden handicrafts and accessories. It is also engaged in the operation of retail shops for direct sale of the Group's products in Hong Kong. The company designs, manufactures and distributes small size wooden handicrafts and accessories, including wooden combs, wooden mirrors, wooden box set and other wooden accessories and adornments, under the brand name of Carpenter Tan; operates a franchise and distribution network primarily in the PRC; and operates retail shops for direct sale of the group's products in Hong Kong and the PRC. Its revenue and results from operations are mainly derived from activities in the PRC.

Carpenter Tan Holdings (HKSE:00837) Headlines

No Headlines