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HKT Trust and HKT (HKSE:06823) Shiller PE Ratio : 13.24 (As of May. 09, 2024)


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What is HKT Trust and HKT Shiller PE Ratio?

As of today (2024-05-09), HKT Trust and HKT's current share price is HK$8.87. HKT Trust and HKT's E10 for the fiscal year that ended in Dec23 was HK$0.67. HKT Trust and HKT's Shiller PE Ratio for today is 13.24.

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

HKSE:06823' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.86   Med: 18.44   Max: 24.82
Current: 13.24

During the past 13 years, HKT Trust and HKT's highest Shiller PE Ratio was 24.82. The lowest was 12.86. And the median was 18.44.

HKSE:06823's Shiller PE Ratio is ranked better than
55.96% of 218 companies
in the Telecommunication Services industry
Industry Median: 14.695 vs HKSE:06823: 13.24

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.

HKT Trust and HKT's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.659. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.67 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


HKT Trust and HKT Shiller PE Ratio Historical Data

The historical data trend for HKT Trust and HKT'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.

HKT Trust and HKT Shiller PE Ratio Chart

HKT Trust and HKT 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 21.71 18.56 17.84 15.12 13.93

HKT Trust and HKT 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 17.84 - 15.12 - 13.93

Competitive Comparison of HKT Trust and HKT's Shiller PE Ratio

For the Telecom Services subindustry, HKT Trust and HKT'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.


HKT Trust and HKT's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, HKT Trust and HKT's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where HKT Trust and HKT's Shiller PE Ratio falls into.



HKT Trust and HKT 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.

HKT Trust and HKT's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.87/0.67
=13.24

* 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.

HKT Trust and HKT's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, HKT Trust and HKT'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)
=0.659/117.2957*117.2957
=0.659

Current CPI (Dec23) = 117.2957.

HKT Trust and HKT Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.422 99.707 0.496
201512 0.522 102.015 0.600
201612 0.646 103.225 0.734
201712 0.627 104.984 0.701
201812 0.637 107.622 0.694
201912 0.689 110.700 0.730
202012 0.700 109.711 0.748
202112 0.635 112.349 0.663
202212 0.647 114.548 0.663
202312 0.659 117.296 0.659

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.


HKT Trust and HKT  (HKSE:06823) 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.


HKT Trust and HKT Shiller PE Ratio Related Terms

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HKT Trust and HKT (HKSE:06823) Business Description

Traded in Other Exchanges
Address
979 King’s Road, Quarry Bay, 39th Floor, PCCW Tower, Taikoo Place, Hong Kong, HKG
HKT Trust and HKT Ltd is a triple-play telecommunications provider that operates through three segments, telecommunications services, mobile, and Other businesses. Telecommunication services are the larger business segment and generates revenue by providing voice services, broadband services, local and international data services, and the sales of equipment. The company's mobile segment generates revenue by selling mobile services and handsets. The Other Businesses segment primarily comprises new business areas such as Tap & Go mobile payment service and The Club program, and corporate support functions. The company owns fiber and mobile infrastructure. HKT Trust generate the vast majority of its revenue in Hong Kong.

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