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Wangneng Environment Co (SZSE:002034) Shiller PE Ratio : 14.60 (As of May. 29, 2024)


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What is Wangneng Environment Co Shiller PE Ratio?

As of today (2024-05-29), Wangneng Environment Co's current share price is ¥14.89. Wangneng Environment Co's E10 for the quarter that ended in Mar. 2024 was ¥1.02. Wangneng Environment Co's Shiller PE Ratio for today is 14.60.

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

SZSE:002034' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.18   Med: 40.79   Max: 312.5
Current: 14.6

During the past years, Wangneng Environment Co's highest Shiller PE Ratio was 312.50. The lowest was 13.18. And the median was 40.79.

SZSE:002034's Shiller PE Ratio is ranked better than
66.67% of 99 companies
in the Waste Management industry
Industry Median: 20.93 vs SZSE:002034: 14.60

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.

Wangneng Environment Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥1.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wangneng Environment Co Shiller PE Ratio Historical Data

The historical data trend for Wangneng Environment 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.

Wangneng Environment Co Shiller PE Ratio Chart

Wangneng Environment 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 28.33 24.83 23.58 20.24 15.61

Wangneng Environment 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 19.31 16.72 15.98 15.61 13.18

Competitive Comparison of Wangneng Environment Co's Shiller PE Ratio

For the Waste Management subindustry, Wangneng Environment 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.


Wangneng Environment Co's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Wangneng Environment Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Wangneng Environment Co's Shiller PE Ratio falls into.



Wangneng Environment 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.

Wangneng Environment Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.89/1.02
=14.60

* 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.

Wangneng Environment Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Wangneng Environment 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)
=0.38/115.2271*115.2271
=0.380

Current CPI (Mar. 2024) = 115.2271.

Wangneng Environment Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.041 98.200 0.048
201409 -0.002 98.900 -0.002
201412 -0.141 99.000 -0.164
201503 -0.024 99.900 -0.028
201506 0.071 99.500 0.082
201509 0.088 100.500 0.101
201512 0.147 100.600 0.168
201603 -0.001 102.200 -0.001
201606 0.048 101.400 0.055
201609 0.047 102.400 0.053
201612 0.667 102.600 0.749
201703 0.018 103.200 0.020
201706 0.546 103.100 0.610
201709 0.260 104.100 0.288
201712 0.162 104.500 0.179
201803 0.200 105.300 0.219
201806 0.178 104.900 0.196
201809 0.240 106.600 0.259
201812 0.200 106.500 0.216
201903 0.150 107.700 0.160
201906 0.350 107.700 0.374
201909 0.260 109.800 0.273
201912 0.250 111.200 0.259
202003 0.210 112.300 0.215
202006 0.340 110.400 0.355
202009 0.350 111.700 0.361
202012 0.350 111.500 0.362
202103 0.350 112.662 0.358
202106 0.439 111.769 0.453
202109 0.300 112.215 0.308
202112 0.440 113.108 0.448
202203 0.360 114.335 0.363
202206 0.385 114.558 0.387
202209 0.480 115.339 0.480
202212 0.410 115.116 0.410
202303 0.350 115.116 0.350
202306 0.280 114.558 0.282
202309 0.380 115.339 0.380
202312 0.200 114.781 0.201
202403 0.380 115.227 0.380

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.


Wangneng Environment Co  (SZSE:002034) 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.


Wangneng Environment Co Shiller PE Ratio Related Terms

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Wangneng Environment Co (SZSE:002034) Business Description

Traded in Other Exchanges
N/A
Address
No. 899 Huanshan Road, Longxi Street, Wuxing District, Zhejiang Province, Huzhou, CHN, 313000
Wangneng Environment Co Ltd is engaged in providing environmental waste management services. The company provides disposal of solid waste such as household waste, kitchen waste, municipal sludge, and others.
Executives
Ma Jian Zhong Supervisors
Nie Yong Guo Executives
Le De Zhong Executives
Pan Yu Gen Directors, executives
Dan Chao Director
Long Fang Sheng Executives
Fu Min Yong Executives
Jin Lai Fu Director
Liu Zhao He Directors, Directors, and Executives
Xu Xiao Yan Supervisors
Dan Jian Ming Director
Shen Jian Jun Director

Wangneng Environment Co (SZSE:002034) Headlines

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