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Forever Opensource Software (BJSE:834415) Shiller PE Ratio : 75.63 (As of Jun. 19, 2024)


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What is Forever Opensource Software Shiller PE Ratio?

As of today (2024-06-19), Forever Opensource Software's current share price is ¥6.05. Forever Opensource Software's E10 for the fiscal year that ended in Dec23 was ¥0.08. Forever Opensource Software's Shiller PE Ratio for today is 75.63.

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

BJSE:834415' s Shiller PE Ratio Range Over the Past 10 Years
Min: 47.25   Med: 51.69   Max: 97.5
Current: 72.09

During the past 11 years, Forever Opensource Software's highest Shiller PE Ratio was 97.50. The lowest was 47.25. And the median was 51.69.

BJSE:834415's Shiller PE Ratio is ranked worse than
82.09% of 927 companies
in the Software industry
Industry Median: 30.52 vs BJSE:834415: 72.09

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.

Forever Opensource Software's adjusted earnings per share data of for the fiscal year that ended in Dec23 was ¥0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.08 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forever Opensource Software Shiller PE Ratio Historical Data

The historical data trend for Forever Opensource Software'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.

Forever Opensource Software Shiller PE Ratio Chart

Forever Opensource Software 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 - - - 52.39 83.95

Forever Opensource Software 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 - - - 83.95 -

Competitive Comparison of Forever Opensource Software's Shiller PE Ratio

For the Information Technology Services subindustry, Forever Opensource Software'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.


Forever Opensource Software's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Forever Opensource Software's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Forever Opensource Software's Shiller PE Ratio falls into.



Forever Opensource Software 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.

Forever Opensource Software's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.05/0.08
=75.63

* 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.

Forever Opensource Software's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Forever Opensource Software'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)
=0.15/114.7809*114.7809
=0.150

Current CPI (Dec23) = 114.7809.

Forever Opensource Software Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.020 99.000 0.023
201512 -0.260 100.600 -0.297
201612 -0.330 102.600 -0.369
201712 0.260 104.500 0.286
201812 0.240 106.500 0.259
201912 0.300 111.200 0.310
202012 0.180 111.500 0.185
202112 0.160 113.108 0.162
202212 0.050 115.116 0.050
202312 0.150 114.781 0.150

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.


Forever Opensource Software  (BJSE:834415) 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.


Forever Opensource Software Shiller PE Ratio Related Terms

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Forever Opensource Software (BJSE:834415) Business Description

Traded in Other Exchanges
N/A
Address
No. 278 Xinyi Road, Room 801, 8th Floor, Jiyun Investment Building, Zhengdong New District, Henan Province, Zhengzhou City, CHN, 450000
Forever Opensource Software Inc provides open-source technology and software services. It offers one-stop products, technical services, and solutions for airlines and airport operations, covering operation control, flight safety, marketing, and maintenance, aviation fuel, and other core civil aviation IT systems.

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