Fujian Guohang Ocean Shipping Group Co (BJSE:833171) Shiller PE Ratio : 12.34 (As of Jun. 22, 2024)

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What is Fujian Guohang Ocean Shipping Group Co Shiller PE Ratio?

As of today (2024-06-22), Fujian Guohang Ocean Shipping Group Co's current share price is ¥3.95. Fujian Guohang Ocean Shipping Group Co's E10 for the quarter that ended in Mar. 2024 was ¥0.32. Fujian Guohang Ocean Shipping Group Co's Shiller PE Ratio for today is 12.34.

The historical rank and industry rank for Fujian Guohang Ocean Shipping Group Co's Shiller PE Ratio or its related term are showing as below:

BJSE:833171' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.12 Med: 9.25 Max: 18.18
Current: 11.56

During the past years, Fujian Guohang Ocean Shipping Group Co's highest Shiller PE Ratio was 18.18. The lowest was 8.12. And the median was 9.25.

BJSE:833171's Shiller PE Ratio is ranked better than
71.13% of 568 companies
in the Transportation industry
Industry Median: 16.6 vs BJSE:833171: 11.56

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.

Fujian Guohang Ocean Shipping Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.029. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Fujian Guohang Ocean Shipping Group Co Shiller PE Ratio Historical Data

The historical data trend for Fujian Guohang Ocean Shipping Group 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.

Fujian Guohang Ocean Shipping Group Co Shiller PE Ratio Chart

Fujian Guohang Ocean Shipping Group Co Annual Data

Trend

Dec14

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

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8.95

16.40

Fujian Guohang Ocean Shipping Group Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Shiller PE Ratio	Get a 7-Day Free Trial															9.85	8.50	9.43	16.40	11.69

Competitive Comparison of Fujian Guohang Ocean Shipping Group Co's Shiller PE Ratio

For the Marine Shipping subindustry, Fujian Guohang Ocean Shipping Group 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.

Fujian Guohang Ocean Shipping Group Co's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fujian Guohang Ocean Shipping Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fujian Guohang Ocean Shipping Group Co's Shiller PE Ratio falls into.

Fujian Guohang Ocean Shipping Group 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.

Fujian Guohang Ocean Shipping Group Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	3.95	/	0.32
	=	12.34

Fujian Guohang Ocean Shipping Group Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Fujian Guohang Ocean Shipping Group Co'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)
	=	0.029	/	115.2271	*	115.2271
	=	0.029

Current CPI (Mar. 2024) = 115.2271.

Fujian Guohang Ocean Shipping Group Co Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201103	0.000	91.154	0.000
201106	0.000	91.612	0.000
201109	0.000	92.711	0.000
201112	0.000	92.885	0.000
201203	0.000	94.367	0.000
201206	0.000	93.495	0.000
201209	0.000	94.482	0.000
201212	0.000	95.237	0.000
201303	0.000	96.372	0.000
201306	0.000	95.984	0.000
201309	0.000	97.332	0.000
201312	0.000	97.624	0.000
201406	0.000	98.200	0.000
201412	0.000	99.000	0.000
201506	0.000	99.500	0.000
201512	0.000	100.600	0.000
201606	0.000	101.400	0.000
201612	0.000	102.600	0.000
201706	0.000	103.100	0.000
201712	0.000	104.500	0.000
201806	0.000	104.900	0.000
201812	0.000	106.500	0.000
201906	0.000	107.700	0.000
201912	0.000	111.200	0.000
202003	-0.080	112.300	-0.082
202006	-0.020	110.400	-0.021
202012	0.000	111.500	0.000
202103	0.120	112.662	0.123
202106	0.265	111.769	0.273
202109	0.280	112.215	0.288
202112	0.168	113.108	0.171
202203	0.155	114.335	0.156
202206	0.135	114.558	0.136
202209	0.130	115.339	0.130
202212	0.003	115.116	0.003
202303	-0.028	115.116	-0.028
202306	0.058	114.558	0.058
202309	-0.016	115.339	-0.016
202312	-0.010	114.781	-0.010
202403	0.029	115.227	0.029

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.

Fujian Guohang Ocean Shipping Group Co (BJSE:833171) 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.

Fujian Guohang Ocean Shipping Group Co Shiller PE Ratio Related Terms

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Fujian Guohang Ocean Shipping Group Co (BJSE:833171) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fujian Guohang Ocean Shipping Group Co Ltd (BJSE:833171) » Definitions » Shiller PE Ratio

Traded in Other Exchanges

N/A

Address

No. 68-1 Jiangbin East Avenue, Floor 25, Building 1, Lanbo Bay, Mawei District, Fujian Province, Fuzhou City, CHN, 350015

Website

http://www.gh-shipping.com

Fujian Guohang Ocean Shipping Group Co Ltd provides integrated maritime shipping services. It offers Dry bulk cargo transportation business on the international ocean, domestic coastal, and middle and lower reaches of the Yangtze River. It offers general cargo ship transportation; ship technical consulting services; ships, marine electromechanical supporting equipment and marine materials, building materials, mechanical equipment, and chemical products.

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