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Guolian Securities Co (HKSE:01456) Shiller PE Ratio : 8.95 (As of May. 19, 2024)


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What is Guolian Securities Co Shiller PE Ratio?

As of today (2024-05-19), Guolian Securities Co's current share price is HK$3.67. Guolian Securities Co's E10 for the fiscal year that ended in Dec23 was HK$0.41. Guolian Securities Co's Shiller PE Ratio for today is 8.95.

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

HKSE:01456' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.07   Med: 7.83   Max: 8.95
Current: 8.95

During the past 10 years, Guolian Securities Co's highest Shiller PE Ratio was 8.95. The lowest was 7.07. And the median was 7.83.

HKSE:01456's Shiller PE Ratio is ranked better than
79.54% of 474 companies
in the Capital Markets industry
Industry Median: 19.58 vs HKSE:01456: 8.95

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.

Guolian Securities Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.263. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.41 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guolian Securities Co Shiller PE Ratio Historical Data

The historical data trend for Guolian Securities 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.

Guolian Securities Co Shiller PE Ratio Chart

Guolian Securities Co 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 - - - - 8.36

Guolian Securities Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 8.36 -

Competitive Comparison of Guolian Securities Co's Shiller PE Ratio

For the Capital Markets subindustry, Guolian Securities 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.


Guolian Securities Co's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guolian Securities Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Guolian Securities Co's Shiller PE Ratio falls into.



Guolian Securities 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.

Guolian Securities Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.67/0.41
=8.95

* 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.

Guolian Securities Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Guolian Securities 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)
=0.263/114.7809*114.7809
=0.263

Current CPI (Dec23) = 114.7809.

Guolian Securities Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.471 99.000 0.546
201512 1.058 100.600 1.207
201612 0.359 102.600 0.402
201712 0.225 104.500 0.247
201812 0.034 106.500 0.037
201912 0.300 111.200 0.310
202012 0.332 111.500 0.342
202112 0.441 113.108 0.448
202212 0.302 115.116 0.301
202312 0.263 114.781 0.263

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.


Guolian Securities Co  (HKSE:01456) 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.


Guolian Securities Co Shiller PE Ratio Related Terms

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Guolian Securities Co (HKSE:01456) Business Description

Traded in Other Exchanges
Address
No. 8 Jinrong One Street, Jiangsu Province, Wuxi, CHN, 214000
Guolian Securities Co Ltd is a china based financial institution. The company's operating segments include Brokerage and wealth management; Credit transaction; Investment banking; Proprietary trading; Asset management and investment and Other businesses. It generates maximum revenue from the Proprietary trading segment. The Proprietary trading segment includes trading in financial products. The Brokerage and wealth management segment includes securities trading and brokering services, sales of wealth management products, investment consulting, and asset allocation.

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