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China Fineblanking Technology Co (ROCO:1586) Shiller PE Ratio : 57.59 (As of May. 18, 2024)


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What is China Fineblanking Technology Co Shiller PE Ratio?

As of today (2024-05-18), China Fineblanking Technology Co's current share price is NT$31.10. China Fineblanking Technology Co's E10 for the quarter that ended in Mar. 2024 was NT$0.54. China Fineblanking Technology Co's Shiller PE Ratio for today is 57.59.

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

ROCO:1586' s Shiller PE Ratio Range Over the Past 10 Years
Min: 45.47   Med: 58.42   Max: 103.52
Current: 57.15

During the past years, China Fineblanking Technology Co's highest Shiller PE Ratio was 103.52. The lowest was 45.47. And the median was 58.42.

ROCO:1586's Shiller PE Ratio is ranked worse than
80.72% of 1753 companies
in the Industrial Products industry
Industry Median: 26.08 vs ROCO:1586: 57.15

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 Fineblanking Technology Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$0.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Fineblanking Technology Co Shiller PE Ratio Historical Data

The historical data trend for China Fineblanking Technology 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.

China Fineblanking Technology Co Shiller PE Ratio Chart

China Fineblanking Technology 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 84.60 81.08 68.81 49.24 61.08

China Fineblanking Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 55.03 56.57 58.78 61.08 58.72

Competitive Comparison of China Fineblanking Technology Co's Shiller PE Ratio

For the Metal Fabrication subindustry, China Fineblanking Technology 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.


China Fineblanking Technology Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Fineblanking Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Fineblanking Technology Co's Shiller PE Ratio falls into.



China Fineblanking Technology 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.

China Fineblanking Technology Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=31.10/0.54
=57.59

* 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 Fineblanking Technology Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, China Fineblanking Technology Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.29/131.7762*131.7762
=0.290

Current CPI (Mar. 2024) = 131.7762.

China Fineblanking Technology Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.118 100.560 0.155
201409 0.235 100.428 0.308
201412 0.266 99.070 0.354
201503 0.047 99.621 0.062
201506 -0.282 100.684 -0.369
201509 -0.291 100.392 -0.382
201512 0.311 99.792 0.411
201603 -0.002 100.470 -0.003
201606 -0.561 101.688 -0.727
201609 -0.386 101.861 -0.499
201612 0.324 101.863 0.419
201703 0.079 102.862 0.101
201706 -0.053 103.349 -0.068
201709 0.195 104.136 0.247
201712 0.151 104.011 0.191
201803 0.177 105.290 0.222
201806 0.496 106.317 0.615
201809 0.539 106.507 0.667
201812 -0.046 105.998 -0.057
201903 -0.428 107.251 -0.526
201906 0.418 108.070 0.510
201909 0.020 108.329 0.024
201912 0.244 108.420 0.297
202003 0.166 108.902 0.201
202006 0.556 108.767 0.674
202009 0.478 109.815 0.574
202012 0.461 109.897 0.553
202103 0.448 111.754 0.528
202106 0.338 114.631 0.389
202109 0.318 115.734 0.362
202112 0.100 117.630 0.112
202203 0.299 121.301 0.325
202206 0.388 125.017 0.409
202209 -0.030 125.227 -0.032
202212 -0.186 125.222 -0.196
202303 -0.700 127.348 -0.724
202306 -0.100 128.729 -0.102
202309 -0.129 129.860 -0.131
202312 0.255 129.419 0.260
202403 0.290 131.776 0.290

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 Fineblanking Technology Co  (ROCO:1586) 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 Fineblanking Technology Co Shiller PE Ratio Related Terms

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China Fineblanking Technology Co (ROCO:1586) Business Description

Traded in Other Exchanges
N/A
Address
No.40, Xinggong Road, Shengang Township, Changhua County, Chang Hua, TWN, 51648
China Fineblanking Technology Co Ltd is engaged in the processing and manufacturing of various types of electronic and automotive parts. It is also engaged in on-electrolytic nickel plating surface treatment, double grinding, heat treatment, CNC machining, and gear machining. The Group has three reportable segments: HDD parts, Vehicle parts, and, Management and operation. The key revenue generator is the Vehicle Parts segment. It produces and sells vehicle parts.

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