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Shanghai International Airport Co (SHSE:600009) Shiller PE Ratio : 39.77 (As of Apr. 25, 2024)


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What is Shanghai International Airport Co Shiller PE Ratio?

As of today (2024-04-25), Shanghai International Airport Co's current share price is ¥36.99. Shanghai International Airport Co's E10 for the quarter that ended in Dec. 2023 was ¥0.93. Shanghai International Airport Co's Shiller PE Ratio for today is 39.77.

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

SHSE:600009' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.5   Med: 39.25   Max: 63.18
Current: 39.77

During the past years, Shanghai International Airport Co's highest Shiller PE Ratio was 63.18. The lowest was 16.50. And the median was 39.25.

SHSE:600009's Shiller PE Ratio is ranked worse than
82.3% of 565 companies
in the Transportation industry
Industry Median: 17.1 vs SHSE:600009: 39.77

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.

Shanghai International Airport Co's adjusted earnings per share data for the three months ended in Dec. 2023 was ¥0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai International Airport Co Shiller PE Ratio Historical Data

The historical data trend for Shanghai International Airport 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.

Shanghai International Airport Co Shiller PE Ratio Chart

Shanghai International Airport 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 51.82 55.26 38.50 57.25 35.36

Shanghai International Airport 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 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 57.25 57.00 47.64 40.34 35.36

Competitive Comparison of Shanghai International Airport Co's Shiller PE Ratio

For the Airports & Air Services subindustry, Shanghai International Airport 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.


Shanghai International Airport Co's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shanghai International Airport Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai International Airport Co's Shiller PE Ratio falls into.



Shanghai International Airport 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.

Shanghai International Airport Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=36.99/0.93
=39.77

* 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.

Shanghai International Airport Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Shanghai International Airport 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)
=0.18/114.6694*114.6694
=0.180

Current CPI (Dec. 2023) = 114.6694.

Shanghai International Airport Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.260 98.600 0.302
201406 0.270 98.200 0.315
201409 0.290 98.900 0.336
201412 0.270 99.000 0.313
201503 0.330 99.900 0.379
201506 0.340 99.500 0.392
201509 0.330 100.500 0.377
201512 0.310 100.600 0.353
201603 0.330 102.200 0.370
201606 0.400 101.400 0.452
201609 0.360 102.400 0.403
201612 0.370 102.600 0.414
201703 0.410 103.200 0.456
201706 0.470 103.100 0.523
201709 0.520 104.100 0.573
201712 0.510 104.500 0.560
201803 0.530 105.300 0.577
201806 0.520 104.900 0.568
201809 0.580 106.600 0.624
201812 0.570 106.500 0.614
201903 0.720 107.700 0.767
201906 0.680 107.700 0.724
201909 0.670 109.800 0.700
201912 0.540 111.200 0.557
202003 0.040 112.300 0.041
202006 -0.240 110.400 -0.249
202009 -0.180 111.700 -0.185
202012 -0.280 111.500 -0.288
202103 -0.230 112.662 -0.234
202106 -0.150 111.769 -0.154
202109 -0.171 112.215 -0.175
202112 -0.250 113.108 -0.253
202203 -0.220 114.335 -0.221
202206 -0.390 114.558 -0.390
202209 -0.230 115.339 -0.229
202212 -0.420 115.116 -0.418
202303 -0.040 115.116 -0.040
202306 0.090 114.558 0.090
202309 0.150 115.339 0.149
202312 0.180 114.669 0.180

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.


Shanghai International Airport Co  (SHSE:600009) 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.


Shanghai International Airport Co Shiller PE Ratio Related Terms

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Shanghai International Airport Co (SHSE:600009) Business Description

Traded in Other Exchanges
N/A
Address
No. 900 Qihang Road, Pudong, Shanghai, CHN, 201207
Shanghai International Airport Co Ltd is engaged in airport services at the Pudong International Airport in Shanghai, China. The company's principal activities consist of ground handling services for domestic and foreign airlines.

Shanghai International Airport Co (SHSE:600009) Headlines

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