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Beijing Paratera Tech (BJSE:839493) Shiller PE Ratio : (As of Jun. 20, 2024)


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What is Beijing Paratera Tech Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Paratera Tech Shiller PE Ratio Historical Data

The historical data trend for Beijing Paratera Tech'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.

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Beijing Paratera Tech Shiller PE Ratio Chart

Beijing Paratera Tech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Beijing Paratera Tech Quarterly Data
Dec18 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Beijing Paratera Tech's Shiller PE Ratio

For the Software - Infrastructure subindustry, Beijing Paratera Tech'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.


Beijing Paratera Tech's Shiller PE Ratio Distribution in the Software Industry

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

* The bar in red indicates where Beijing Paratera Tech's Shiller PE Ratio falls into.



Beijing Paratera Tech 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.

Beijing Paratera Tech's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Beijing Paratera Tech'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)
=-1.66/114.7809*114.7809
=-1.660

Current CPI (Dec23) = 114.7809.

Beijing Paratera Tech Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -0.140 99.000 -0.162
201512 -0.820 100.600 -0.936
201612 -1.210 102.600 -1.354
201712 -1.110 104.500 -1.219
201812 -1.560 106.500 -1.681
201912 -1.090 111.200 -1.125
202012 -0.900 111.500 -0.926
202112 -2.120 113.108 -2.151
202212 -2.440 115.116 -2.433
202312 -1.660 114.781 -1.660

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.


Beijing Paratera Tech  (BJSE:839493) 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.


Beijing Paratera Tech Shiller PE Ratio Related Terms

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Beijing Paratera Tech (BJSE:839493) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 10 Xibeiwang East Road, Room 101-301, Building 21,3rd Floor, Haidian, Beijing, CHN, 100094
Beijing Paratera Tech Corp Ltd is a leading domestic supercomputing cloud service and operation service provider, providing supercomputing cloud, industry cloud, intelligence Computing cloud, design simulation cloud and computing resource construction and operation services. As China's national grid service company, a domestic high-tech enterprise, and a dual-software enterprise, Parallel Technology aggregates the computing resources of major supercomputing centers across the country, targeting enterprises and institutions and scientific research institutions in energy, manufacturing, meteorology, scientific research and education, telecommunications, finance, animation, etc. The institute provides supercomputing cloud services.

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