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Grandblue Environment Co (SHSE:600323) Shiller PE Ratio

: 15.96 (As of Today)
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As of today (2024-04-17), Grandblue Environment Co's current share price is ¥18.04. Grandblue Environment Co's E10 for the quarter that ended in Dec. 2023 was ¥1.13. Grandblue Environment Co's Shiller PE Ratio for today is 15.96.

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

SHSE:600323' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.26   Med: 26.13   Max: 55.67
Current: 15.96

During the past years, Grandblue Environment Co's highest Shiller PE Ratio was 55.67. The lowest was 13.26. And the median was 26.13.

SHSE:600323's Shiller PE Ratio is ranked worse than
50.77% of 388 companies
in the Utilities - Regulated industry
Industry Median: 15.495 vs SHSE:600323: 15.96

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.

Grandblue Environment Co's adjusted earnings per share data for the three months ended in Dec. 2023 was ¥0.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥1.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grandblue Environment Co Shiller PE Ratio Historical Data

The historical data trend for Grandblue Environment 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.

Grandblue Environment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.15 31.57 23.16 18.13 15.27

Grandblue Environment 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 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 Premium Member Only Premium Member Only Premium Member Only 18.13 17.06 17.60 15.35 15.27

Competitive Comparison

For the Utilities - Regulated Water subindustry, Grandblue Environment 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.


Grandblue Environment Co Shiller PE Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Grandblue Environment Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Grandblue Environment Co's Shiller PE Ratio falls into.



Grandblue Environment 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.

Grandblue Environment Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.04/1.13
=15.96

* 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.

Grandblue Environment Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Grandblue Environment 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)
=0.32/114.6694*114.6694
=0.320

Current CPI (Dec. 2023) = 114.6694.

Grandblue Environment Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.109 98.600 0.127
201406 0.151 98.200 0.176
201409 0.140 98.900 0.162
201412 0.083 99.000 0.096
201503 0.110 99.900 0.126
201506 0.140 99.500 0.161
201509 0.170 100.500 0.194
201512 0.110 100.600 0.125
201603 0.140 102.200 0.157
201606 0.200 101.400 0.226
201609 0.223 102.400 0.250
201612 0.100 102.600 0.112
201703 0.170 103.200 0.189
201706 0.240 103.100 0.267
201709 0.302 104.100 0.333
201712 0.140 104.500 0.154
201803 0.400 105.300 0.436
201806 0.250 104.900 0.273
201809 0.320 106.600 0.344
201812 0.170 106.500 0.183
201903 0.250 107.700 0.266
201906 0.350 107.700 0.373
201909 0.360 109.800 0.376
201912 0.230 111.200 0.237
202003 0.180 112.300 0.184
202006 0.420 110.400 0.436
202009 0.390 111.700 0.400
202012 0.360 111.500 0.370
202103 0.310 112.662 0.316
202106 0.480 111.769 0.492
202109 0.350 112.215 0.358
202112 0.300 113.108 0.304
202203 0.200 114.335 0.201
202206 0.470 114.558 0.470
202209 0.390 115.339 0.388
202212 0.340 115.116 0.339
202303 0.380 115.116 0.379
202306 0.470 114.558 0.470
202309 0.580 115.339 0.577
202312 0.320 114.669 0.320

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.


Grandblue Environment Co  (SHSE:600323) 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.


Grandblue Environment Co Shiller PE Ratio Related Terms

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Grandblue Environment Co (SHSE:600323) Business Description

Traded in Other Exchanges
N/A
Address
Cailian Building, Nanhai Avenue, Guicheng, Nanhai District, Guangdong Province, Foshan, CHN, 528200
Grandblue Environment Co Ltd is mainly engaged in urban water supply, sewage treatment, solid waste processing, and construction and operation of municipal infrastructure.

Grandblue Environment Co (SHSE:600323) Headlines

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