Cosco Shipping Development Co (Cosco Shipping Development Co) Shiller PE Ratio : 10.90 (As of Apr. 26, 2024)

View and export this data going back to . Start your Free Trial

What is Cosco Shipping Development Co Shiller PE Ratio?

As of today (2024-04-26), Cosco Shipping Development Co's current share price is $0.109. Cosco Shipping Development Co's E10 for the quarter that ended in Dec. 2023 was $0.01. Cosco Shipping Development Co's Shiller PE Ratio for today is 10.90.

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

CITAF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10 Med: 31.55 Max: 290
Current: 10.9

During the past years, Cosco Shipping Development Co's highest Shiller PE Ratio was 290.00. The lowest was 10.00. And the median was 31.55.

CITAF's Shiller PE Ratio is ranked better than
83.82% of 136 companies
in the Aerospace & Defense industry
Industry Median: 38.245 vs CITAF: 10.90

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.

Cosco Shipping Development Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation

Cosco Shipping Development Co Shiller PE Ratio Historical Data

The historical data trend for Cosco Shipping Development 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.

Cosco Shipping Development Co Shiller PE Ratio Chart

Cosco Shipping Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

Get a 7-Day Free Trial

54.25

167.76

33.57

19.82

14.73

Cosco Shipping Development Co 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															19.82	18.71	17.34	16.04	14.73

Competitive Comparison of Cosco Shipping Development Co's Shiller PE Ratio

For the Aerospace & Defense subindustry, Cosco Shipping Development 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.

Cosco Shipping Development Co's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cosco Shipping Development Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cosco Shipping Development Co's Shiller PE Ratio falls into.

Cosco Shipping Development 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.

Cosco Shipping Development Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	0.109	/	0.01
	=	10.90

Cosco Shipping Development Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Cosco Shipping Development Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS	=	Earnings per Share (Diluted)	/	CPI of Dec. 2023 (Change)	*	Current CPI (Dec. 2023)
	=	0.002	/	114.6694	*	114.6694
	=	0.002

Current CPI (Dec. 2023) = 114.6694.

Cosco Shipping Development Co Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201403	0.001	98.600	0.001
201406	0.005	98.200	0.006
201409	0.003	98.900	0.003
201412	0.005	99.000	0.006
201503	0.009	99.900	0.010
201506	0.002	99.500	0.002
201509	-0.015	100.500	-0.017
201512	0.001	100.600	0.001
201603	-0.011	102.200	-0.012
201606	0.011	101.400	0.012
201609	0.006	102.400	0.007
201612	-0.001	102.600	-0.001
201703	0.004	103.200	0.004
201706	0.009	103.100	0.010
201709	0.001	104.100	0.001
201712	0.004	104.500	0.004
201803	0.004	105.300	0.004
201806	0.001	104.900	0.001
201809	0.006	106.600	0.006
201812	0.007	106.500	0.008
201903	0.008	107.700	0.009
201906	0.004	107.700	0.004
201909	0.005	109.800	0.005
201912	0.002	111.200	0.002
202003	0.004	112.300	0.004
202006	0.005	110.400	0.005
202009	0.009	111.700	0.009
202012	0.005	111.500	0.005
202103	0.010	112.662	0.010
202106	0.029	111.769	0.030
202109	0.033	112.215	0.034
202112	0.005	113.108	0.005
202203	0.016	114.335	0.016
202206	0.014	114.558	0.014
202209	0.011	115.339	0.011
202212	0.002	115.116	0.002
202303	0.004	115.116	0.004
202306	0.007	114.558	0.007
202309	0.001	115.339	0.001
202312	0.002	114.669	0.002

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.

Cosco Shipping Development Co (OTCPK:CITAF) 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.

Cosco Shipping Development Co Shiller PE Ratio Related Terms

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

Cosco Shipping Development Co (Cosco Shipping Development Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cosco Shipping Development Co Ltd (OTCPK:CITAF) » Definitions » Shiller PE Ratio

Comparable Companies

Traded in Other Exchanges

CITAY:USA 02866:Hong Kong EZ5:Germany 601866:China

Address

Room A-538, International Trade Building, Pilot Free Trade Zone, Shanghai, CHN, 200127

Website

https://www.cscl.com.cn

COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.

Cosco Shipping Development Co (Cosco Shipping Development Co) Headlines

No Headlines