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JOYY (NAS:YY) Shiller PE Ratio

: 7.14 (As of Today)
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As of today (2023-09-24), JOYY's current share price is $40.05. JOYY's E10 for the quarter that ended in Jun. 2023 was $5.61. JOYY's Shiller PE Ratio for today is 7.14.

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

YY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.17   Med: 7.02   Max: 21.01
Current: 7.14

During the past years, JOYY's highest Shiller PE Ratio was 21.01. The lowest was 4.17. And the median was 7.02.

YY's Shiller PE Ratio is ranked better than
89.88% of 168 companies
in the Interactive Media industry
Industry Median: 25.43 vs YY: 7.14

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.

JOYY's adjusted earnings per share data for the three months ended in Jun. 2023 was $2.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.61 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


JOYY Shiller PE Ratio Historical Data

The historical data trend for JOYY'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.

JOYY Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 9.33 5.98

JOYY Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 5.74 4.46 5.98 5.79 5.48

Competitive Comparison

For the Internet Content & Information subindustry, JOYY'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.

   

JOYY Shiller PE Ratio Distribution

For the Interactive Media industry and Communication Services sector, JOYY's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where JOYY's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.



JOYY 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.

JOYY's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=40.05/5.61
=7.14

* 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.

JOYY's E10 for the quarter that ended in Jun. 2023 is calculated as:

For example, JOYY's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=2.02/128.7287*128.7287
=2.020

Current CPI (Jun. 2023) = 128.7287.

JOYY Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 0.354 98.790 0.461
201312 0.530 98.326 0.694
201403 0.493 99.695 0.637
201406 0.596 100.560 0.763
201409 0.776 100.428 0.995
201412 0.991 99.070 1.288
201503 0.617 99.621 0.797
201506 0.821 100.684 1.050
201509 0.432 100.392 0.554
201512 0.961 99.792 1.240
201603 0.564 100.470 0.723
201606 1.287 101.688 1.629
201609 1.034 101.861 1.307
201612 1.403 101.863 1.773
201703 1.321 102.862 1.653
201706 1.470 103.349 1.831
201709 1.577 104.136 1.949
201712 1.766 104.011 2.186
201803 1.082 105.290 1.323
201806 -0.323 106.317 -0.391
201809 1.460 106.507 1.765
201812 1.532 105.998 1.861
201903 6.641 107.251 7.971
201906 0.046 108.070 0.055
201909 0.163 108.329 0.194
201912 0.274 108.420 0.325
202003 0.650 108.902 0.768
202006 12.370 108.767 14.640
202009 3.740 109.815 4.384
202012 -0.050 109.897 -0.059
202103 -0.680 111.754 -0.783
202106 -1.430 114.631 -1.606
202109 0.070 115.734 0.078
202112 0.850 117.630 0.930
202203 -0.410 121.301 -0.435
202206 0.230 125.017 0.237
202209 6.280 125.227 6.456
202212 -5.380 125.222 -5.531
202303 0.350 127.348 0.354
202306 2.020 128.729 2.020

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.


JOYY  (NAS:YY) 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.


JOYY Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of JOYY's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


JOYY (NAS:YY) Business Description

JOYY logo
Traded in Other Exchanges
Address
30 Pasir Panjang Road, No. 15-31A, Mapletree Business City, Singapore, SGP, 117440
JOYY Inc is a social media platform. The company is engaged in creating and sharing entertainment content and activities. JOYY enables users to interact with each other in real time through online live media and offers users an immersive entertainment experience. Its products include Bigo Live, Likee, and Hago. The company offers Live streaming platforms, Short-form video platforms, instant messaging platforms, and other products. The company reports in two segments Bigo and All Other. It has a presence in China; Developed countries; the Middle East and Southeast Asia and others.