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Tencent Holdings (FRA:NNN1) Shiller PE Ratio : 26.75 (As of Apr. 25, 2024)


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What is Tencent Holdings Shiller PE Ratio?

As of today (2024-04-25), Tencent Holdings's current share price is €41.20. Tencent Holdings's E10 for the quarter that ended in Sep. 2023 was €1.54. Tencent Holdings's Shiller PE Ratio for today is 26.75.

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

FRA:NNN1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.84   Med: 61.32   Max: 101.14
Current: 26.78

During the past years, Tencent Holdings's highest Shiller PE Ratio was 101.14. The lowest was 17.84. And the median was 61.32.

FRA:NNN1's Shiller PE Ratio is ranked worse than
59.78% of 179 companies
in the Interactive Media industry
Industry Median: 22.58 vs FRA:NNN1: 26.78

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.

Tencent Holdings's adjusted earnings per share data for the three months ended in Sep. 2023 was €0.482. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.54 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tencent Holdings Shiller PE Ratio Historical Data

The historical data trend for Tencent Holdings'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.

Tencent Holdings Shiller PE Ratio Chart

Tencent Holdings 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 65.80 75.60 43.57 26.80 -

Tencent Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 26.80 31.96 27.07 24.16 -

Competitive Comparison of Tencent Holdings's Shiller PE Ratio

For the Internet Content & Information subindustry, Tencent Holdings'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.


Tencent Holdings's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tencent Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tencent Holdings's Shiller PE Ratio falls into.



Tencent Holdings 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.

Tencent Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=41.20/1.54
=26.75

* 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.

Tencent Holdings's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Tencent Holdings's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.482/115.3387*115.3387
=0.482

Current CPI (Sep. 2023) = 115.3387.

Tencent Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.050 97.624 0.059
201403 0.081 98.600 0.095
201406 0.074 98.200 0.087
201409 0.076 98.900 0.089
201412 0.082 99.000 0.096
201503 0.109 99.900 0.126
201506 0.112 99.500 0.130
201509 0.111 100.500 0.127
201512 0.108 100.600 0.124
201603 0.134 102.200 0.151
201606 0.153 101.400 0.174
201609 0.150 102.400 0.169
201612 0.152 102.600 0.171
201703 0.206 103.200 0.230
201706 0.250 103.100 0.280
201709 0.241 104.100 0.267
201712 0.279 104.500 0.308
201803 0.313 105.300 0.343
201806 0.247 104.900 0.272
201809 0.305 106.600 0.330
201812 0.190 106.500 0.206
201903 0.375 107.700 0.402
201906 0.323 107.700 0.346
201909 0.271 109.800 0.285
201912 0.277 111.200 0.287
202003 0.387 112.300 0.397
202006 0.431 110.400 0.450
202009 0.494 111.700 0.510
202012 0.769 111.500 0.795
202103 0.634 112.662 0.649
202106 0.567 111.769 0.585
202109 0.536 112.215 0.551
202112 1.369 113.108 1.396
202203 0.344 114.335 0.347
202206 0.271 114.558 0.273
202209 0.591 115.339 0.591
202212 1.482 115.116 1.485
202303 0.358 115.116 0.359
202306 0.347 114.558 0.349
202309 0.482 115.339 0.482

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.


Tencent Holdings  (FRA:NNN1) 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.


Tencent Holdings Shiller PE Ratio Related Terms

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


Tencent Holdings (FRA:NNN1) Business Description

Address
No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054
Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.

Tencent Holdings (FRA:NNN1) Headlines

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