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Red Phase (SZSE:300427) Shiller PE Ratio : 88.40 (As of May. 01, 2024)


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What is Red Phase Shiller PE Ratio?

As of today (2024-05-01), Red Phase's current share price is ¥4.42. Red Phase's E10 for the quarter that ended in Mar. 2024 was ¥0.05. Red Phase's Shiller PE Ratio for today is 88.40.

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

SZSE:300427' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.54   Med: 22.19   Max: 90.53
Current: 90.53

During the past years, Red Phase's highest Shiller PE Ratio was 90.53. The lowest was 17.54. And the median was 22.19.

SZSE:300427's Shiller PE Ratio is ranked better than
68.55% of 1720 companies
in the Industrial Products industry
Industry Median: 25.35 vs SZSE:300427: 90.53

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.

Red Phase's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥-0.091. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Red Phase Shiller PE Ratio Historical Data

The historical data trend for Red Phase'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.

Red Phase Shiller PE Ratio Chart

Red Phase 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 - - - - 123.69

Red Phase Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.86 21.29 26.21 123.69 77.80

Competitive Comparison of Red Phase's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Red Phase'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.


Red Phase's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Red Phase's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Red Phase's Shiller PE Ratio falls into.



Red Phase 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.

Red Phase's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.42/0.05
=88.40

* 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.

Red Phase's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Red Phase's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.091/114.6694*114.6694
=-0.091

Current CPI (Mar. 2024) = 114.6694.

Red Phase Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.069 98.200 0.081
201409 -0.003 98.900 -0.003
201412 0.234 99.000 0.271
201503 -0.025 99.900 -0.029
201506 0.059 99.500 0.068
201509 0.013 100.500 0.015
201512 0.208 100.600 0.237
201603 -0.065 102.200 -0.073
201606 0.066 101.400 0.075
201609 0.005 102.400 0.006
201612 0.210 102.600 0.235
201703 -0.019 103.200 -0.021
201706 0.069 103.100 0.077
201709 0.037 104.100 0.041
201712 0.293 104.500 0.322
201803 0.168 105.300 0.183
201806 0.175 104.900 0.191
201809 0.136 106.600 0.146
201812 0.171 106.500 0.184
201903 0.172 107.700 0.183
201906 0.227 107.700 0.242
201909 0.156 109.800 0.163
201912 0.105 111.200 0.108
202003 0.224 112.300 0.229
202006 0.220 110.400 0.229
202009 0.183 111.700 0.188
202012 0.021 111.500 0.022
202103 0.080 112.662 0.081
202106 0.115 111.769 0.118
202109 0.046 112.215 0.047
202112 -1.940 113.108 -1.967
202203 0.071 114.335 0.071
202206 0.066 114.558 0.066
202209 0.076 115.339 0.076
202212 -0.005 115.116 -0.005
202303 0.117 115.116 0.117
202306 -0.037 114.558 -0.037
202309 -0.213 115.339 -0.212
202312 -1.136 114.669 -1.136
202403 -0.091 114.669 -0.091

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.


Red Phase  (SZSE:300427) 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.


Red Phase Shiller PE Ratio Related Terms

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Red Phase (SZSE:300427) Business Description

Traded in Other Exchanges
N/A
Address
Unit 1002, No. 3, Nantou Road, Siming District, Fujian Province, Xiamen, CHN, 361008
Red Phase Inc is engaged in the research and application of power system state maintenance technology. It provides its customers with various solutions for power grid state maintenance and intelligent operation.

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