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AVIC Jonhon Optronic Technology Co (SZSE:002179) Shiller PE Ratio : 44.39 (As of Apr. 28, 2024)


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What is AVIC Jonhon Optronic Technology Co Shiller PE Ratio?

As of today (2024-04-28), AVIC Jonhon Optronic Technology Co's current share price is ¥33.29. AVIC Jonhon Optronic Technology Co's E10 for the quarter that ended in Dec. 2023 was ¥0.75. AVIC Jonhon Optronic Technology Co's Shiller PE Ratio for today is 44.39.

The historical rank and industry rank for AVIC Jonhon Optronic Technology Co's Shiller PE Ratio or its related term are showing as below:

SZSE:002179' s Shiller PE Ratio Range Over the Past 10 Years
Min: 40.31   Med: 66.89   Max: 401.1
Current: 44.39

During the past years, AVIC Jonhon Optronic Technology Co's highest Shiller PE Ratio was 401.10. The lowest was 40.31. And the median was 66.89.

SZSE:002179's Shiller PE Ratio is ranked worse than
76.73% of 1362 companies
in the Hardware industry
Industry Median: 23.16 vs SZSE:002179: 44.39

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.

AVIC Jonhon Optronic Technology Co's adjusted earnings per share data for the three months ended in Dec. 2023 was ¥0.212. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AVIC Jonhon Optronic Technology Co Shiller PE Ratio Historical Data

The historical data trend for AVIC Jonhon Optronic Technology 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.

AVIC Jonhon Optronic Technology Co Shiller PE Ratio Chart

AVIC Jonhon Optronic Technology 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 60.48 104.32 110.76 71.75 51.90

AVIC Jonhon Optronic Technology 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 71.75 62.74 64.99 57.12 51.90

Competitive Comparison of AVIC Jonhon Optronic Technology Co's Shiller PE Ratio

For the Electronic Components subindustry, AVIC Jonhon Optronic Technology 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.


AVIC Jonhon Optronic Technology Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AVIC Jonhon Optronic Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AVIC Jonhon Optronic Technology Co's Shiller PE Ratio falls into.



AVIC Jonhon Optronic Technology 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.

AVIC Jonhon Optronic Technology Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=33.29/0.75
=44.39

* 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.

AVIC Jonhon Optronic Technology Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, AVIC Jonhon Optronic Technology 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)
=0.212/114.6694*114.6694
=0.212

Current CPI (Dec. 2023) = 114.6694.

AVIC Jonhon Optronic Technology Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.033 98.600 0.038
201406 0.061 98.200 0.071
201409 0.072 98.900 0.083
201412 0.070 99.000 0.081
201503 0.059 99.900 0.068
201506 0.121 99.500 0.139
201509 0.117 100.500 0.133
201512 0.101 100.600 0.115
201603 0.116 102.200 0.130
201606 0.162 101.400 0.183
201609 0.090 102.400 0.101
201612 0.092 102.600 0.103
201703 0.099 103.200 0.110
201706 0.138 103.100 0.153
201709 0.100 104.100 0.110
201712 0.105 104.500 0.115
201803 0.090 105.300 0.098
201806 0.159 104.900 0.174
201809 0.124 106.600 0.133
201812 0.137 106.500 0.148
201903 0.122 107.700 0.130
201906 0.179 107.700 0.191
201909 0.132 109.800 0.138
201912 0.131 111.200 0.135
202003 0.082 112.300 0.084
202006 0.255 110.400 0.265
202009 0.218 111.700 0.224
202012 0.176 111.500 0.181
202103 0.321 112.662 0.327
202106 0.239 111.769 0.245
202109 0.257 112.215 0.263
202112 0.174 113.108 0.176
202203 0.359 114.335 0.360
202206 0.375 114.558 0.375
202209 0.377 115.339 0.375
202212 0.200 115.116 0.199
202303 0.471 115.116 0.469
202306 0.445 114.558 0.445
202309 0.434 115.339 0.431
202312 0.212 114.669 0.212

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.


AVIC Jonhon Optronic Technology Co  (SZSE:002179) 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.


AVIC Jonhon Optronic Technology Co Shiller PE Ratio Related Terms

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AVIC Jonhon Optronic Technology Co (SZSE:002179) Business Description

Traded in Other Exchanges
N/A
Address
No.10 Zhoushan Road, Luoyang, CHN, 471003
AVIC Jonhon Optronic Technology Co Ltd is specialized in research and development of optical, electrical, fluid technology and equipment. The company products are used in aviation, aerospace and military field, communication and data center field, railway transportation field, new energy vehicle field, power equipment, petroleum equipment, medical equipment, and other civil high-end manufacturing fields. It also exports to European countries, the United States, Israel, Australia, Korea, India and so on.

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