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China Construction Bank (STU:C6T) Shiller PE Ratio : 7.32 (As of May. 13, 2024)


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What is China Construction Bank Shiller PE Ratio?

As of today (2024-05-13), China Construction Bank's current share price is €0.6588. China Construction Bank's E10 for the quarter that ended in Mar. 2024 was €0.09. China Construction Bank's Shiller PE Ratio for today is 7.32.

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

STU:C6T' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.85   Med: 6.41   Max: 10.82
Current: 6.25

During the past years, China Construction Bank's highest Shiller PE Ratio was 10.82. The lowest was 4.85. And the median was 6.41.

STU:C6T's Shiller PE Ratio is ranked better than
83.14% of 1139 companies
in the Banks industry
Industry Median: 10.37 vs STU:C6T: 6.25

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 Construction Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.045. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Construction Bank Shiller PE Ratio Historical Data

The historical data trend for China Construction Bank'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 Construction Bank Shiller PE Ratio Chart

China Construction Bank 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 6.86 6.29 5.58 5.11 5.78

China Construction Bank 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 5.36 5.66 5.62 5.78 6.07

Competitive Comparison of China Construction Bank's Shiller PE Ratio

For the Banks - Diversified subindustry, China Construction Bank'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 Construction Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Construction Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Construction Bank's Shiller PE Ratio falls into.



China Construction Bank 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 Construction Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.6588/0.09
=7.32

* 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 Construction Bank's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, China Construction Bank'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)
=0.045/114.6694*114.6694
=0.045

Current CPI (Mar. 2024) = 114.6694.

China Construction Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.031 98.200 0.036
201409 0.030 98.900 0.035
201412 0.020 99.000 0.023
201503 0.040 99.900 0.046
201506 0.037 99.500 0.043
201509 0.034 100.500 0.039
201512 0.020 100.600 0.023
201603 0.037 102.200 0.042
201606 0.035 101.400 0.040
201609 0.032 102.400 0.036
201612 0.019 102.600 0.021
201703 0.038 103.200 0.042
201706 0.035 103.100 0.039
201709 0.032 104.100 0.035
201712 0.021 104.500 0.023
201803 0.039 105.300 0.042
201806 0.038 104.900 0.042
201809 0.034 106.600 0.037
201812 0.018 106.500 0.019
201903 0.041 107.700 0.044
201906 0.040 107.700 0.043
201909 0.036 109.800 0.038
201912 0.019 111.200 0.020
202003 0.041 112.300 0.042
202006 0.029 110.400 0.030
202009 0.034 111.700 0.035
202012 0.030 111.500 0.031
202103 0.043 112.662 0.044
202106 0.036 111.769 0.037
202109 0.042 112.215 0.043
202112 0.036 113.108 0.036
202203 0.050 114.335 0.050
202206 0.042 114.558 0.042
202209 0.049 115.339 0.049
202212 0.039 115.116 0.039
202303 0.047 115.116 0.047
202306 0.041 114.558 0.041
202309 0.045 115.339 0.045
202312 0.037 114.669 0.037
202403 0.045 114.669 0.045

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 Construction Bank  (STU:C6T) 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 Construction Bank Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of China Construction Bank's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


China Construction Bank (STU:C6T) Business Description

Traded in Other Exchanges
Address
No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033
As one of the big four banks, China Construction Bank is headquartered in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.

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