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China Resources Pharmaceutical Group (HKSE:03320) Shiller PE Ratio : 10.32 (As of May. 17, 2024)


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What is China Resources Pharmaceutical Group Shiller PE Ratio?

As of today (2024-05-17), China Resources Pharmaceutical Group's current share price is HK$6.19. China Resources Pharmaceutical Group's E10 for the fiscal year that ended in Dec23 was HK$0.60. China Resources Pharmaceutical Group's Shiller PE Ratio for today is 10.32.

The historical rank and industry rank for China Resources Pharmaceutical Group's Shiller PE Ratio or its related term are showing as below:

HKSE:03320' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.78   Med: 9.19   Max: 13.98
Current: 10.32

During the past 11 years, China Resources Pharmaceutical Group's highest Shiller PE Ratio was 13.98. The lowest was 7.78. And the median was 9.19.

HKSE:03320's Shiller PE Ratio is ranked better than
87.99% of 533 companies
in the Drug Manufacturers industry
Industry Median: 25.16 vs HKSE:03320: 10.32

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.

China Resources Pharmaceutical Group's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.667. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.60 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Resources Pharmaceutical Group Shiller PE Ratio Historical Data

The historical data trend for China Resources Pharmaceutical Group'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.

China Resources Pharmaceutical Group Shiller PE Ratio Chart

China Resources Pharmaceutical Group 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 - - - 11.00 8.52

China Resources Pharmaceutical Group Semi-Annual Data
Dec13 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 - - 11.00 - 8.52

Competitive Comparison of China Resources Pharmaceutical Group's Shiller PE Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, China Resources Pharmaceutical Group'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.


China Resources Pharmaceutical Group's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, China Resources Pharmaceutical Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Resources Pharmaceutical Group's Shiller PE Ratio falls into.



China Resources Pharmaceutical Group 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.

China Resources Pharmaceutical Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.19/0.6
=10.32

* 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.

China Resources Pharmaceutical Group's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, China Resources Pharmaceutical Group'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)
=0.667/117.2957*117.2957
=0.667

Current CPI (Dec23) = 117.2957.

China Resources Pharmaceutical Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.429 99.707 0.505
201512 0.465 102.015 0.535
201612 0.572 103.225 0.650
201712 0.545 104.984 0.609
201812 0.629 107.622 0.686
201912 0.520 110.700 0.551
202012 0.519 109.711 0.555
202112 0.601 112.349 0.627
202212 0.625 114.548 0.640
202312 0.667 117.296 0.667

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.


China Resources Pharmaceutical Group  (HKSE:03320) 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.


China Resources Pharmaceutical Group Shiller PE Ratio Related Terms

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China Resources Pharmaceutical Group (HKSE:03320) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, 41st Floor, China Resources Building, Room 4104-05, Wanchai, HKG
CR Pharma, is a vertically integrated conglomerate that operates drug manufacturing, distribution, and retail pharmacy businesses in mainland China. It is the third largest drug distributor by revenue, with a strong presence in Eastern, Northern, and Southern China. Its drug manufacturing segment primarily consists of four listed subsidiaries, Dong E E Jiao, CR Sanjiu, CR Double Crane, and Jiangzhong Pharmaceutical, which are well-known makers of over-the-counter traditional Chinese medicines (or TCM), health supplements, and prescription drugs. We estimate the company's operating income is approximately 53% distribution, 46% manufacturing, and less than 1% retail pharmacies.

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