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Contemporary Amperex Technology Co (SZSE:300750) Shiller PE Ratio : 54.94 (As of Apr. 25, 2024)


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What is Contemporary Amperex Technology Co Shiller PE Ratio?

As of today (2024-04-25), Contemporary Amperex Technology Co's current share price is ¥192.30. Contemporary Amperex Technology Co's E10 for the fiscal year that ended in Dec23 was ¥3.50. Contemporary Amperex Technology Co's Shiller PE Ratio for today is 54.94.

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

SZSE:300750' s Shiller PE Ratio Range Over the Past 10 Years
Min: 41.71   Med: 45.5   Max: 55.49
Current: 54.94

During the past 10 years, Contemporary Amperex Technology Co's highest Shiller PE Ratio was 55.49. The lowest was 41.71. And the median was 45.50.

SZSE:300750's Shiller PE Ratio is ranked worse than
80.6% of 1706 companies
in the Industrial Products industry
Industry Median: 24.665 vs SZSE:300750: 54.94

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.

Contemporary Amperex Technology Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was ¥11.779. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥3.50 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Contemporary Amperex Technology Co Shiller PE Ratio Historical Data

The historical data trend for Contemporary Amperex 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.

Contemporary Amperex Technology Co Shiller PE Ratio Chart

Contemporary Amperex 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 - - - - 46.63

Contemporary Amperex Technology Co 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 - - - 46.63 -

Competitive Comparison of Contemporary Amperex Technology Co's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Contemporary Amperex 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.


Contemporary Amperex Technology Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Contemporary Amperex Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Contemporary Amperex Technology Co's Shiller PE Ratio falls into.



Contemporary Amperex 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.

Contemporary Amperex Technology Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=192.30/3.5
=54.94

* 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.

Contemporary Amperex Technology Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Contemporary Amperex Technology Co's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=11.779/114.6694*114.6694
=11.779

Current CPI (Dec23) = 114.6694.

Contemporary Amperex Technology Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.000 99.000 0.000
201512 0.431 100.600 0.491
201612 1.041 102.600 1.163
201712 0.000 104.500 0.000
201812 0.912 106.500 0.982
201912 1.160 111.200 1.196
202012 1.380 111.500 1.419
202112 3.800 113.108 3.852
202212 7.155 115.116 7.127
202312 11.779 114.669 11.779

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.


Contemporary Amperex Technology Co  (SZSE:300750) 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.


Contemporary Amperex Technology Co Shiller PE Ratio Related Terms

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Contemporary Amperex Technology Co (SZSE:300750) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Xingang Road, Liwan Town, Jiaocheng District, Fujian Province, Ningde City, CHN, 352100
CATL, headquartered in Ningde, Fujian Province, is a global leading Chinese battery manufacturer founded in 2011. The company specializes in the development and production of lithium-ion batteries for EVs and energy storage systems. CATL is the largest EV battery manufacturer in the world and leads the industry in innovative battery technology development for higher-energy density and safety, longer battery service life and super-fast charging. CATL is also involved in the manufacturing of cathode and other related battery materials. Through its subsidiary Brunp, it works with customers to create a closed-loop battery life cycle from production, application, to recycling.

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