GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Modern Land (China) Co Ltd (HKSE:01107) » Definitions » Shiller PE Ratio

Modern Land (China) Co (HKSE:01107) Shiller PE Ratio : 2.10 (As of Jun. 05, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Modern Land (China) Co Shiller PE Ratio?

As of today (2024-06-05), Modern Land (China) Co's current share price is HK$0.021. Modern Land (China) Co's E10 for the fiscal year that ended in Dec22 was HK$0.01. Modern Land (China) Co's Shiller PE Ratio for today is 2.10.

The historical rank and industry rank for Modern Land (China) Co's Shiller PE Ratio or its related term are showing as below:

HKSE:01107' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.47   Med: 2.4   Max: 10.7
Current: 2.1

During the past 11 years, Modern Land (China) Co's highest Shiller PE Ratio was 10.70. The lowest was 0.47. And the median was 2.40.

HKSE:01107's Shiller PE Ratio is not ranked
in the Real Estate industry.
Industry Median: 10.96 vs HKSE:01107: 2.10

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.

Modern Land (China) Co's adjusted earnings per share data of for the fiscal year that ended in Dec22 was HK$-1.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.01 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Modern Land (China) Co Shiller PE Ratio Historical Data

The historical data trend for Modern Land (China) 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.

Modern Land (China) Co Shiller PE Ratio Chart

Modern Land (China) Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.64 12.12

Modern Land (China) Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 1.64 - 12.12 -

Competitive Comparison of Modern Land (China) Co's Shiller PE Ratio

For the Real Estate - Development subindustry, Modern Land (China) 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.


Modern Land (China) Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Modern Land (China) Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Modern Land (China) Co's Shiller PE Ratio falls into.



Modern Land (China) 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.

Modern Land (China) Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.021/0.01
=2.10

* 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.

Modern Land (China) Co's E10 for the fiscal year that ended in Dec22 is calculated as:

For example, Modern Land (China) Co's adjusted earnings per share data for the fiscal year that ended in Dec22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec22 (Change)*Current CPI (Dec22)
=-1.78/115.1156*115.1156
=-1.780

Current CPI (Dec22) = 115.1156.

Modern Land (China) Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.402 97.624 0.474
201412 0.337 99.000 0.392
201512 0.331 100.600 0.379
201612 0.313 102.600 0.351
201712 0.303 104.500 0.334
201812 0.214 106.500 0.231
201912 0.290 111.200 0.300
202012 0.313 111.500 0.323
202112 -0.900 113.108 -0.916
202212 -1.780 115.116 -1.780

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.


Modern Land (China) Co  (HKSE:01107) 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.


Modern Land (China) Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Modern Land (China) Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Modern Land (China) Co (HKSE:01107) Business Description

Traded in Other Exchanges
Address
No.1, Xiangheyuan Road, 3rd, 4th Floor, Building 10, Contemporary Wanguo City, Dongcheng District, Beijing, CHN, 100028
Modern Land (China) Co Ltd is an investment holding company that is engaged in the business of real estate development, Property investment, Hotel operation, Real estate agency services, and other services. The group's operations are located in the PRC and it derives key revenue from the sale of properties.
Executives
Zhang Lei 2101 Beneficial owner
Yu Jinmei 2202 Interest of your spouse
Fantastic Energy Holdings Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Yu Jinmei 2202 Interest of your spouse
Super Land Holdings Limited
China Great Wall Amc (international) Holdings Company Limited 2101 Beneficial owner
Zhong Guo Chang Cheng Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

Modern Land (China) Co (HKSE:01107) Headlines

No Headlines