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China Vanke Co (SZSE:000002) Shiller PE Ratio : 2.71 (As of Apr. 24, 2024)


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China Vanke Co Shiller PE Ratio Definition

As of today (2024-04-24), China Vanke Co's current share price is ¥6.54. China Vanke Co's E10 for the quarter that ended in Dec. 2023 was ¥2.41. China Vanke Co's Shiller PE Ratio for today is 2.71.

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

SZSE:000002' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.71   Med: 15.31   Max: 30.11
Current: 2.71

During the past years, China Vanke Co's highest Shiller PE Ratio was 30.11. The lowest was 2.71. And the median was 15.31.

SZSE:000002's Shiller PE Ratio is ranked better than
88.37% of 1066 companies
in the Real Estate industry
Industry Median: 10.82 vs SZSE:000002: 2.71

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 Vanke Co's adjusted earnings per share data for the three months ended in Dec. 2023 was ¥-0.129. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥2.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Vanke Co Shiller PE Ratio Historical Data

The historical data trend for China Vanke 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 Vanke Co Shiller PE Ratio Chart

China Vanke 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 16.32 12.72 8.31 7.35 4.34

China Vanke 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 7.35 6.17 5.61 5.17 4.34

Competitive Comparison of China Vanke Co's Shiller PE Ratio

For the Real Estate - Development subindustry, China Vanke 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 Vanke Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Vanke Co's Shiller PE Ratio distribution charts can be found below:

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



China Vanke 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 Vanke Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.54/2.41
=2.71

* 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.

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

For example, China Vanke 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)
=-0.129/114.6694*114.6694
=-0.129

Current CPI (Dec. 2023) = 114.6694.

China Vanke Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.139 98.600 0.162
201406 0.301 98.200 0.351
201409 0.150 98.900 0.174
201412 0.840 99.000 0.973
201503 0.059 99.900 0.068
201506 0.381 99.500 0.439
201509 0.180 100.500 0.205
201512 1.020 100.600 1.163
201603 0.075 102.200 0.084
201606 0.405 101.400 0.458
201609 0.264 102.400 0.296
201612 1.152 102.600 1.288
201703 0.063 103.200 0.070
201706 0.597 103.100 0.664
201709 0.343 104.100 0.378
201712 1.535 104.500 1.684
201803 0.081 105.300 0.088
201806 0.749 104.900 0.819
201809 0.440 106.600 0.473
201812 1.793 106.500 1.931
201903 0.102 107.700 0.109
201906 0.958 107.700 1.020
201909 0.566 109.800 0.591
201912 1.839 111.200 1.896
202003 0.111 112.300 0.113
202006 1.000 110.400 1.039
202009 0.633 111.700 0.650
202012 1.879 111.500 1.932
202103 0.111 112.662 0.113
202106 0.839 111.769 0.861
202109 0.486 112.215 0.497
202112 0.504 113.108 0.511
202203 0.123 114.335 0.123
202206 0.927 114.558 0.928
202209 0.423 115.339 0.421
202212 0.487 115.116 0.485
202303 0.125 115.116 0.125
202306 0.715 114.558 0.716
202309 0.319 115.339 0.317
202312 -0.129 114.669 -0.129

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 Vanke Co  (SZSE:000002) 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 Vanke Co Shiller PE Ratio Related Terms

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China Vanke Co (SZSE:000002) Business Description

Traded in Other Exchanges
Address
Vanke Center, No. 33 Huanmei Road, Dameisha, Yantian District, Shenzhen, CHN, 518083
China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with a 27.2% stake.

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