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Hongkong Chinese (HKSE:00655) Shiller PE Ratio : 1.19 (As of Apr. 26, 2024)


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What is Hongkong Chinese Shiller PE Ratio?

As of today (2024-04-26), Hongkong Chinese's current share price is HK$0.285. Hongkong Chinese's E10 for the fiscal year that ended in Dec22 was HK$0.24. Hongkong Chinese's Shiller PE Ratio for today is 1.19.

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

HKSE:00655' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.06   Med: 3.3   Max: 6.28
Current: 1.19

During the past 13 years, Hongkong Chinese's highest Shiller PE Ratio was 6.28. The lowest was 1.06. And the median was 3.30.

HKSE:00655's Shiller PE Ratio is ranked better than
94.24% of 1076 companies
in the Real Estate industry
Industry Median: 10.715 vs HKSE:00655: 1.19

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.

Hongkong Chinese's adjusted earnings per share data of for the fiscal year that ended in Dec22 was HK$0.245. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.24 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hongkong Chinese Shiller PE Ratio Historical Data

The historical data trend for Hongkong Chinese'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.

Hongkong Chinese Shiller PE Ratio Chart

Hongkong Chinese Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.45 1.99 1.55 2.09 -

Hongkong Chinese Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.55 - 2.09 - -

Competitive Comparison of Hongkong Chinese's Shiller PE Ratio

For the Real Estate Services subindustry, Hongkong Chinese'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.


Hongkong Chinese's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hongkong Chinese's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hongkong Chinese's Shiller PE Ratio falls into.



Hongkong Chinese 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.

Hongkong Chinese's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.285/0.24
=1.19

* 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.

Hongkong Chinese's E10 for the fiscal year that ended in Dec22 is calculated as:

For example, Hongkong Chinese's adjusted earnings per share data for the fiscal year that ended in Dec22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.245/114.5475*114.5475
=0.245

Current CPI (Dec22) = 114.5475.

Hongkong Chinese Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201112 0.526 87.944 0.685
201403 0.157 95.749 0.188
201503 0.328 99.927 0.376
201603 0.115 102.785 0.128
201703 0.023 103.335 0.025
201803 0.164 105.973 0.177
201903 0.005 108.172 0.005
202003 0.213 110.920 0.220
202112 0.335 112.349 0.342
202212 0.245 114.548 0.245

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.


Hongkong Chinese  (HKSE:00655) 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.


Hongkong Chinese Shiller PE Ratio Related Terms

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Hongkong Chinese (HKSE:00655) Business Description

Traded in Other Exchanges
N/A
Address
Lippo Centre, 89 Queensway, 40th Floor, Tower Two, Hong Kong, HKG
Hongkong Chinese Ltd is an investment holding company. The company's operating segments are Property Investment, which includes investments relating to the letting and resale of properties; the Property development segment is into the development and sale of properties; the Treasury investment segment includes investments in money markets; the Securities investment segment invests in securities that are held for trading and for long-term strategic purpose; and Others. Its geographical segments are Hong Kong, Mainland China, Singapore, Indonesia, and others.

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