Chongqing Taiji Industry (Group) Co (SHSE:600129) Shiller PE Ratio : 100.00 (As of May. 15, 2024)

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What is Chongqing Taiji Industry (Group) Co Shiller PE Ratio?

As of today (2024-05-15), Chongqing Taiji Industry (Group) Co's current share price is ¥41.00. Chongqing Taiji Industry (Group) Co's E10 for the quarter that ended in Mar. 2024 was ¥0.41. Chongqing Taiji Industry (Group) Co's Shiller PE Ratio for today is 100.00.

The historical rank and industry rank for Chongqing Taiji Industry (Group) Co's Shiller PE Ratio or its related term are showing as below:

SHSE:600129' s Shiller PE Ratio Range Over the Past 10 Years
Min: 52.19 Med: 111.11 Max: 941
Current: 100

During the past years, Chongqing Taiji Industry (Group) Co's highest Shiller PE Ratio was 941.00. The lowest was 52.19. And the median was 111.11.

SHSE:600129's Shiller PE Ratio is ranked worse than
92.7% of 534 companies
in the Drug Manufacturers industry
Industry Median: 25.25 vs SHSE:600129: 100.00

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.

Chongqing Taiji Industry (Group) Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Chongqing Taiji Industry (Group) Co Shiller PE Ratio Historical Data

The historical data trend for Chongqing Taiji Industry (Group) 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.

Chongqing Taiji Industry (Group) Co Shiller PE Ratio Chart

Chongqing Taiji Industry (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

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85.74

68.29

229.19

132.59

125.59

Chongqing Taiji Industry (Group) 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															161.48	184.99	131.38	125.59	80.78

Competitive Comparison of Chongqing Taiji Industry (Group) Co's Shiller PE Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Chongqing Taiji Industry (Group) 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.

Chongqing Taiji Industry (Group) Co's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chongqing Taiji Industry (Group) Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Chongqing Taiji Industry (Group) Co's Shiller PE Ratio falls into.

Chongqing Taiji Industry (Group) 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.

Chongqing Taiji Industry (Group) Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	41.00	/	0.41
	=	100.00

Chongqing Taiji Industry (Group) Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Chongqing Taiji Industry (Group) 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)
	=	0.44	/	114.6694	*	114.6694
	=	0.440

Current CPI (Mar. 2024) = 114.6694.

Chongqing Taiji Industry (Group) Co Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201406	0.040	98.200	0.047
201409	-0.002	98.900	-0.002
201412	-0.701	99.000	-0.812
201503	0.048	99.900	0.055
201506	0.374	99.500	0.431
201509	0.053	100.500	0.060
201512	0.065	100.600	0.074
201603	2.154	102.200	2.417
201606	0.106	101.400	0.120
201609	-0.080	102.400	-0.090
201612	-0.170	102.600	-0.190
201703	0.005	103.200	0.006
201706	0.076	103.100	0.085
201709	0.099	104.100	0.109
201712	0.047	104.500	0.052
201803	0.020	105.300	0.022
201806	0.080	104.900	0.087
201809	0.170	106.600	0.183
201812	-0.130	106.500	-0.140
201903	0.190	107.700	0.202
201906	-0.030	107.700	-0.032
201909	0.060	109.800	0.063
201912	-0.350	111.200	-0.361
202003	-0.060	112.300	-0.061
202006	0.080	110.400	0.083
202009	0.010	111.700	0.010
202012	0.090	111.500	0.093
202103	0.040	112.662	0.041
202106	0.100	111.769	0.103
202109	0.310	112.215	0.317
202112	-1.390	113.108	-1.409
202203	0.040	114.335	0.040
202206	0.190	114.558	0.190
202209	0.230	115.339	0.229
202212	0.180	115.116	0.179
202303	0.420	115.116	0.418
202306	0.600	114.558	0.601
202309	0.340	115.339	0.338
202312	0.120	114.669	0.120
202403	0.440	114.669	0.440

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.

Chongqing Taiji Industry (Group) Co (SHSE:600129) 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.

Chongqing Taiji Industry (Group) Co Shiller PE Ratio Related Terms

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Chongqing Taiji Industry (Group) Co (SHSE:600129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Chongqing Taiji Industry (Group) Co Ltd (SHSE:600129) » Definitions » Shiller PE Ratio

Traded in Other Exchanges

N/A

Address

No. 1 Taiji Avenue, Fuling District, Chongqing, Chongqing, CHN, 408000

Website

http://www.taiji.com

Chongqing Taiji Industry Group is a China-based company engaged in the production and sales of Chinese and Western medicines. It is also engaged in the cultivation of medicinal herbs. Its products mainly include capsules, syrup, oral liquid, lyophilized series, tablets, infusion series, and injections. The company mainly conducts its business in domestic and overseas markets.

Chongqing Taiji Industry (Group) Co (SHSE:600129) Headlines

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