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GF Securities Co (SZSE:000776) Shiller PE Ratio : 11.34 (As of Apr. 28, 2024)


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What is GF Securities Co Shiller PE Ratio?

As of today (2024-04-28), GF Securities Co's current share price is ¥13.49. GF Securities Co's E10 for the quarter that ended in Dec. 2023 was ¥1.19. GF Securities Co's Shiller PE Ratio for today is 11.34.

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

SZSE:000776' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.71   Med: 17.8   Max: 61.22
Current: 11.34

During the past years, GF Securities Co's highest Shiller PE Ratio was 61.22. The lowest was 10.71. And the median was 17.80.

SZSE:000776's Shiller PE Ratio is ranked better than
72.01% of 468 companies
in the Capital Markets industry
Industry Median: 19.88 vs SZSE:000776: 11.34

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.

GF Securities Co's adjusted earnings per share data for the three months ended in Dec. 2023 was ¥0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥1.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GF Securities Co Shiller PE Ratio Historical Data

The historical data trend for GF Securities 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.

GF Securities Co Shiller PE Ratio Chart

GF Securities 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 15.92 16.55 22.53 13.26 12.02

GF Securities 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 13.26 13.35 12.36 12.29 12.02

Competitive Comparison of GF Securities Co's Shiller PE Ratio

For the Capital Markets subindustry, GF Securities 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.


GF Securities Co's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GF Securities Co's Shiller PE Ratio distribution charts can be found below:

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



GF Securities 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.

GF Securities Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.49/1.19
=11.34

* 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.

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

For example, GF Securities 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)
=0.13/114.6694*114.6694
=0.130

Current CPI (Dec. 2023) = 114.6694.

GF Securities Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.140 98.600 0.163
201406 0.140 98.200 0.163
201409 0.230 98.900 0.267
201412 0.340 99.000 0.394
201503 0.430 99.900 0.494
201506 0.870 99.500 1.003
201509 0.260 100.500 0.297
201512 0.360 100.600 0.410
201603 0.240 102.200 0.269
201606 0.290 101.400 0.328
201609 0.280 102.400 0.314
201612 0.240 102.600 0.268
201703 0.280 103.200 0.311
201706 0.280 103.100 0.311
201709 0.270 104.100 0.297
201712 0.290 104.500 0.318
201803 0.200 105.300 0.218
201806 0.180 104.900 0.197
201809 0.160 106.600 0.172
201812 0.020 106.500 0.022
201903 0.380 107.700 0.405
201906 0.160 107.700 0.170
201909 0.190 109.800 0.198
201912 0.250 111.200 0.258
202003 0.270 112.300 0.276
202006 0.480 110.400 0.499
202009 0.310 111.700 0.318
202012 0.250 111.500 0.257
202103 0.330 112.662 0.336
202106 0.440 111.769 0.451
202109 0.360 112.215 0.368
202112 0.290 113.108 0.294
202203 0.170 114.335 0.170
202206 0.380 114.558 0.380
202209 0.120 115.339 0.119
202212 0.350 115.116 0.349
202303 0.270 115.116 0.269
202306 0.290 114.558 0.290
202309 0.140 115.339 0.139
202312 0.130 114.669 0.130

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.


GF Securities Co  (SZSE:000776) 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.


GF Securities Co Shiller PE Ratio Related Terms

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GF Securities Co (SZSE:000776) Business Description

Traded in Other Exchanges
Address
26 Machang Road, 59th Floor, GF Securities Tower, Tianhe District, Guangdong, Guangzhou, CHN, 510627
GF Securities Co Ltd is a full-service investment bank with operating branches located across China. The principal activities of the company include commodity futures brokerage, financial futures brokerage, investment consulting and asset management, trading and trading agent, project investment, investment management, and financial advisory. It operates through the following segments: Investment banking, Wealth management, Trading & Institutions, and Investment management.

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