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Techvision Intelligent Technology Co (BJSE:832876) Shiller PE Ratio : 22.54 (As of Jun. 22, 2024)


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What is Techvision Intelligent Technology Co Shiller PE Ratio?

As of today (2024-06-22), Techvision Intelligent Technology Co's current share price is ¥9.24. Techvision Intelligent Technology Co's E10 for the fiscal year that ended in Dec23 was ¥0.41. Techvision Intelligent Technology Co's Shiller PE Ratio for today is 22.54.

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

BJSE:832876' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.56   Med: 27.32   Max: 41.46
Current: 18.73

During the past 11 years, Techvision Intelligent Technology Co's highest Shiller PE Ratio was 41.46. The lowest was 14.56. And the median was 27.32.

BJSE:832876's Shiller PE Ratio is ranked better than
62.67% of 1385 companies
in the Hardware industry
Industry Median: 24.26 vs BJSE:832876: 18.73

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.

Techvision Intelligent Technology Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was ¥0.074. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.41 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Techvision Intelligent Technology Co Shiller PE Ratio Historical Data

The historical data trend for Techvision Intelligent 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.

Techvision Intelligent Technology Co Shiller PE Ratio Chart

Techvision Intelligent 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 - - - 14.62 39.64

Techvision Intelligent Technology Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 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 - - - 39.64 -

Competitive Comparison of Techvision Intelligent Technology Co's Shiller PE Ratio

For the Electronic Components subindustry, Techvision Intelligent 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.


Techvision Intelligent Technology Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Techvision Intelligent 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.

Techvision Intelligent Technology Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.24/0.41
=22.54

* 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.

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

For example, Techvision Intelligent 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)
=0.074/114.7809*114.7809
=0.074

Current CPI (Dec23) = 114.7809.

Techvision Intelligent Technology Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.620 99.000 0.719
201512 0.530 100.600 0.605
201612 0.370 102.600 0.414
201712 0.320 104.500 0.351
201812 -0.050 106.500 -0.054
201912 0.300 111.200 0.310
202012 0.590 111.500 0.607
202112 0.600 113.108 0.609
202212 0.499 115.116 0.498
202312 0.074 114.781 0.074

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.


Techvision Intelligent Technology Co  (BJSE:832876) 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.


Techvision Intelligent Technology Co Shiller PE Ratio Related Terms

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Techvision Intelligent Technology Co (BJSE:832876) Business Description

Traded in Other Exchanges
N/A
Address
No. 1001 Zhongshanyuan Road, Unit A, 5th Floor, Building D2, TCL International E City, Nanshan District, Guangdong Province, Shenzhen City, CHN, 518055
Techvision Intelligent Technology Co Ltd is a one-stop hardware and software customization service supplier and intelligent terminal manufacturer. It engages in research and development, design, production, and sales of intelligent terminal products.

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