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Veson Holdings (HKSE:01399) Shiller PE Ratio : 24.60 (As of May. 25, 2024)


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What is Veson Holdings Shiller PE Ratio?

As of today (2024-05-25), Veson Holdings's current share price is HK$0.246. Veson Holdings's E10 for the fiscal year that ended in Dec23 was HK$0.01. Veson Holdings's Shiller PE Ratio for today is 24.60.

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

HKSE:01399' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17   Med: 23.2   Max: 26
Current: 24.6

During the past 13 years, Veson Holdings's highest Shiller PE Ratio was 26.00. The lowest was 17.00. And the median was 23.20.

HKSE:01399's Shiller PE Ratio is ranked better than
52.11% of 1756 companies
in the Industrial Products industry
Industry Median: 25.62 vs HKSE:01399: 24.60

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.

Veson Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.020. 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 Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Veson Holdings Shiller PE Ratio Historical Data

The historical data trend for Veson 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.

Veson Holdings Shiller PE Ratio Chart

Veson 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 - - - - 18.27

Veson 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 - - - - 18.27

Competitive Comparison of Veson Holdings's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Veson 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.


Veson Holdings's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Veson 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.

Veson Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.246/0.01
=24.60

* 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.

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

For example, Veson 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)
=0.02/114.7809*114.7809
=0.020

Current CPI (Dec23) = 114.7809.

Veson Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -0.002 99.000 -0.002
201512 0.042 100.600 0.048
201612 -0.122 102.600 -0.136
201712 0.023 104.500 0.025
201812 0.097 106.500 0.105
201912 0.054 111.200 0.056
202012 -0.057 111.500 -0.059
202112 0.047 113.108 0.048
202212 0.025 115.116 0.025
202312 0.020 114.781 0.020

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.


Veson Holdings  (HKSE:01399) 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.


Veson Holdings Shiller PE Ratio Related Terms

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Veson Holdings (HKSE:01399) Business Description

Traded in Other Exchanges
N/A
Address
No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN
Veson Holdings Ltd is engaged in the business of original design manufacturing (ODM business) as well as the bare battery cells business. It generates maximum revenue from the ODM business segment which involves the manufacture and supply of lithium-ion battery modules, power banks, motive battery and related accessories for branded mobile phone and tablets and EV manufacturers within and outside China. Geographically, it operates in the PRC. The company's products are used for mobile phones, tablets and digital products battery and related accessories.
Executives
Fang Jin 2201 Interest of corporation controlled by you
Right Grand Holdings Limited 2101 Beneficial owner
Swift Joy Holdings Limited 2101 Beneficial owner

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