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China Yongda Automobiles Services Holdings (HKSE:03669) PE Ratio : 5.41 (As of Jul. 12, 2024)


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What is China Yongda Automobiles Services Holdings PE Ratio?

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-07-12), China Yongda Automobiles Services Holdings's share price is HK$1.72. China Yongda Automobiles Services Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.32. Therefore, China Yongda Automobiles Services Holdings's PE Ratio for today is 5.41.

During the past 13 years, China Yongda Automobiles Services Holdings's highest PE Ratio was 18.47. The lowest was 2.46. And the median was 9.37.

China Yongda Automobiles Services Holdings's EPS (Diluted) for the six months ended in Dec. 2023 was HK$0.09. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.32.

As of today (2024-07-12), China Yongda Automobiles Services Holdings's share price is HK$1.72. China Yongda Automobiles Services Holdings's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.27. Therefore, China Yongda Automobiles Services Holdings's PE Ratio without NRI ratio for today is 6.47.

During the past 13 years, China Yongda Automobiles Services Holdings's highest PE Ratio without NRI was 18.27. The lowest was 2.64. And the median was 9.26.

China Yongda Automobiles Services Holdings's EPS without NRI for the six months ended in Dec. 2023 was HK$0.07. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.27.

During the past 12 months, China Yongda Automobiles Services Holdings's average EPS without NRI Growth Rate was -65.80% per year. During the past 3 years, the average EPS without NRI Growth Rate was -36.70% per year. During the past 5 years, the average EPS without NRI Growth Rate was -14.70% per year. During the past 10 years, the average EPS without NRI Growth Rate was 3.40% per year.

During the past 13 years, China Yongda Automobiles Services Holdings's highest 3-Year average EPS without NRI Growth Rate was 32.50% per year. The lowest was -36.70% per year. And the median was 5.10% per year.

China Yongda Automobiles Services Holdings's EPS (Basic) for the six months ended in Dec. 2023 was HK$0.09. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.32.

Back to Basics: PE Ratio


China Yongda Automobiles Services Holdings PE Ratio Historical Data

The historical data trend for China Yongda Automobiles Services Holdings's 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.

China Yongda Automobiles Services Holdings PE Ratio Chart

China Yongda Automobiles Services Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.98 12.60 6.77 7.21 9.24

China Yongda Automobiles Services Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.77 At Loss 7.21 At Loss 9.24

Competitive Comparison of China Yongda Automobiles Services Holdings's PE Ratio

For the Auto & Truck Dealerships subindustry, China Yongda Automobiles Services Holdings's PE Ratio, along with its competitors' market caps and 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.


China Yongda Automobiles Services Holdings's PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Yongda Automobiles Services Holdings's PE Ratio distribution charts can be found below:

* The bar in red indicates where China Yongda Automobiles Services Holdings's PE Ratio falls into.



China Yongda Automobiles Services Holdings PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

China Yongda Automobiles Services Holdings's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=1.72/0.318
=5.41

China Yongda Automobiles Services Holdings's Share Price of today is HK$1.72.
For company reported semi-annually, China Yongda Automobiles Services Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.32.


* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


China Yongda Automobiles Services Holdings  (HKSE:03669) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


China Yongda Automobiles Services Holdings PE Ratio Related Terms

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China Yongda Automobiles Services Holdings (HKSE:03669) Business Description

Traded in Other Exchanges
Address
The Center, 99 Queen’s Road Central, Unit 5708, 57th Floor, Central, Hong Kong, HKG
China Yongda Automobiles Services Holdings Ltd is a Chinese company involved in automobile sales service, automobile finance, and automobile rental. The company's reportable segments are as follows, 1) Passenger vehicle sales and services which includes the sale of passenger vehicles and provision of after-sales services, including repair and maintenance services, certain auxiliary passenger vehicles sales-related services and provision of other passenger vehicles-related services; and 2) Automobile operating lease services. The majority of the company's revenue is earned through the Passenger vehicle sales and services segment.
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