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Sunny Optical Technology (Group) Co (Sunny Optical Technology (Group) Co) Shiller PE Ratio : 13.14 (As of Apr. 26, 2024)


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What is Sunny Optical Technology (Group) Co Shiller PE Ratio?

As of today (2024-04-26), Sunny Optical Technology (Group) Co's current share price is $4.60. Sunny Optical Technology (Group) Co's E10 for the fiscal year that ended in Dec23 was $0.35. Sunny Optical Technology (Group) Co's Shiller PE Ratio for today is 13.14.

The historical rank and industry rank for Sunny Optical Technology (Group) Co's Shiller PE Ratio or its related term are showing as below:

SNPTF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.59   Med: 87.45   Max: 286.8
Current: 13.49

During the past 13 years, Sunny Optical Technology (Group) Co's highest Shiller PE Ratio was 286.80. The lowest was 12.59. And the median was 87.45.

SNPTF's Shiller PE Ratio is ranked better than
75.17% of 1357 companies
in the Hardware industry
Industry Median: 23.12 vs SNPTF: 13.49

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.

Sunny Optical Technology (Group) Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $0.141. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.35 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunny Optical Technology (Group) Co Shiller PE Ratio Historical Data

The historical data trend for Sunny Optical Technology (Group) 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.

Sunny Optical Technology (Group) Co Shiller PE Ratio Chart

Sunny Optical Technology (Group) 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 90.71 84.51 96.65 33.29 25.09

Sunny Optical Technology (Group) Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 96.65 - 33.29 - 25.09

Competitive Comparison of Sunny Optical Technology (Group) Co's Shiller PE Ratio

For the Electronic Components subindustry, Sunny Optical Technology (Group) 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.


Sunny Optical Technology (Group) Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sunny Optical Technology (Group) Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sunny Optical Technology (Group) Co's Shiller PE Ratio falls into.



Sunny Optical Technology (Group) 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.

Sunny Optical Technology (Group) Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.60/0.35
=13.14

* 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.

Sunny Optical Technology (Group) Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Sunny Optical Technology (Group) Co's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.141/114.6694*114.6694
=0.141

Current CPI (Dec23) = 114.6694.

Sunny Optical Technology (Group) Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.085 99.000 0.098
201512 0.109 100.600 0.124
201612 0.169 102.600 0.189
201712 0.403 104.500 0.442
201812 0.330 106.500 0.355
201912 0.519 111.200 0.535
202012 0.681 111.500 0.700
202112 0.716 113.108 0.726
202212 0.316 115.116 0.315
202312 0.141 114.669 0.141

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.


Sunny Optical Technology (Group) Co  (OTCPK:SNPTF) 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.


Sunny Optical Technology (Group) Co Shiller PE Ratio Related Terms

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Sunny Optical Technology (Group) Co (Sunny Optical Technology (Group) Co) Business Description

Traded in Other Exchanges
Address
No. 66-68, Fengle Road, Zhejiang Province, Yuyao, CHN, 315400
Headquartered in Yuyao, China, Sunny Optical is China's biggest handset camera modules maker and the world's largest handset lens sets manufacturer. Higher-margin lens sets are used on smartphones, vehicles, and augmented/virtual reality. Sunny Optical is a key beneficiary of the secular growth of mobile and vehicle camera demand, as smartphone manufacturers seek differentiated camera features and advanced driver-assistance systems witness rising adoption among automakers. The firm also manufactures optical instruments, such as high-end microscopes and optical measuring instruments. The company employed over 26,610 people as of December 2022.

Sunny Optical Technology (Group) Co (Sunny Optical Technology (Group) Co) Headlines

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