China Merchants Energy Shipping Co (SHSE:601872) Shiller PE Ratio : 25.70 (As of Apr. 24, 2024)

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What is China Merchants Energy Shipping Co Shiller PE Ratio?

As of today (2024-04-24), China Merchants Energy Shipping Co's current share price is ¥8.48. China Merchants Energy Shipping Co's E10 for the quarter that ended in Dec. 2023 was ¥0.33. China Merchants Energy Shipping Co's Shiller PE Ratio for today is 25.70.

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

SHSE:601872' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.18 Med: 35.31 Max: 79.58
Current: 25.7

During the past years, China Merchants Energy Shipping Co's highest Shiller PE Ratio was 79.58. The lowest was 19.18. And the median was 35.31.

SHSE:601872's Shiller PE Ratio is ranked worse than
67.15% of 417 companies
in the Oil & Gas industry
Industry Median: 17.52 vs SHSE:601872: 25.70

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.

China Merchants Energy Shipping Co's adjusted earnings per share data for the three months ended in Dec. 2023 was ¥0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation

China Merchants Energy Shipping Co Shiller PE Ratio Historical Data

The historical data trend for China Merchants Energy Shipping 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.

China Merchants Energy Shipping Co Shiller PE Ratio Chart

China Merchants Energy Shipping Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

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73.20

39.98

25.64

25.28

18.05

China Merchants Energy Shipping 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															25.28	29.56	22.49	23.60	18.05

Competitive Comparison of China Merchants Energy Shipping Co's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, China Merchants Energy Shipping 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.

China Merchants Energy Shipping Co's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Merchants Energy Shipping Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Merchants Energy Shipping Co's Shiller PE Ratio falls into.

China Merchants Energy Shipping 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.

China Merchants Energy Shipping Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	8.48	/	0.33
	=	25.70

China Merchants Energy Shipping Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, China Merchants Energy Shipping 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)
	=	0.14	/	114.6694	*	114.6694
	=	0.140

Current CPI (Dec. 2023) = 114.6694.

China Merchants Energy Shipping Co Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201403	0.033	98.600	0.038
201406	0.011	98.200	0.013
201409	0.011	98.900	0.013
201412	-0.022	99.000	-0.025
201503	0.042	99.900	0.048
201506	0.057	99.500	0.066
201509	0.181	100.500	0.207
201512	-0.088	100.600	-0.100
201603	0.067	102.200	0.075
201606	0.181	101.400	0.205
201609	0.031	102.400	0.035
201612	-0.006	102.600	-0.007
201703	0.050	103.200	0.056
201706	0.031	103.100	0.034
201709	0.042	104.100	0.046
201712	-0.018	104.500	-0.020
201803	0.017	105.300	0.019
201806	0.026	104.900	0.028
201809	0.019	106.600	0.020
201812	0.091	106.500	0.098
201903	0.050	107.700	0.053
201906	0.033	107.700	0.035
201909	0.067	109.800	0.070
201912	0.117	111.200	0.121
202003	0.150	112.300	0.153
202006	0.292	110.400	0.303
202009	0.117	111.700	0.120
202012	-0.140	111.500	-0.144
202103	0.090	112.662	0.092
202106	0.120	111.769	0.123
202109	0.140	112.215	0.143
202112	0.130	113.108	0.132
202203	0.160	114.335	0.160
202206	0.200	114.558	0.200
202209	0.120	115.339	0.119
202212	0.130	115.116	0.129
202303	0.140	115.116	0.139
202306	0.200	114.558	0.200
202309	0.120	115.339	0.119
202312	0.140	114.669	0.140

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.

China Merchants Energy Shipping Co (SHSE:601872) 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.

China Merchants Energy Shipping Co Shiller PE Ratio Related Terms

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China Merchants Energy Shipping Co (SHSE:601872) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Merchants Energy Shipping Co Ltd (SHSE:601872) » Definitions » Shiller PE Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Zhongshan East 1st Road, Shanghai, Shanghai, CHN, 200002

Website

http://www.cmenergyshipping.com

China Merchants Energy Shipping Co Ltd is a China-based company engages in the tanker transportation, bulk cargo vessel transportation and liquid natural gas (LNG) vessel transportation. It provides a full range of energy transportation services running a large diversity of vessels, including crude oil tankers, dry bulk carriers, and LNG carriers. It provides services to the customers from China, Japan, Korea, Southeast Asia and the United States and other countries.

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