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China Telecom (BUE:CHA) Shiller PE Ratio : (As of Jun. 19, 2024)


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What is China Telecom Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Telecom Shiller PE Ratio Historical Data

The historical data trend for China Telecom'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.

China Telecom Shiller PE Ratio Chart

China Telecom 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 9.84 7.16 8.30 9.41 11.35

China Telecom 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 12.71 11.35 11.78 11.35 12.68

Competitive Comparison of China Telecom's Shiller PE Ratio

For the Telecom Services subindustry, China Telecom'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.


China Telecom's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Telecom's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Telecom's Shiller PE Ratio falls into.



China Telecom 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.

China Telecom's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, China Telecom'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)
=0/115.2271*115.2271
=0.000

Current CPI (Mar. 2024) = 115.2271.

China Telecom Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 4.744 98.200 5.567
201409 4.011 98.900 4.673
201412 1.290 99.000 1.501
201503 4.407 99.900 5.083
201506 5.368 99.500 6.216
201509 4.909 100.500 5.628
201512 4.584 100.600 5.251
201603 7.103 102.200 8.008
201606 8.591 101.400 9.762
201609 8.110 102.400 9.126
201612 0.672 102.600 0.755
201703 7.393 103.200 8.255
201706 10.781 103.100 12.049
201709 9.844 104.100 10.896
201712 0.159 104.500 0.175
201803 11.228 105.300 12.287
201806 18.761 104.900 20.608
201809 18.121 106.600 19.588
201812 7.363 106.500 7.966
201903 21.430 107.700 22.928
201906 31.826 107.700 34.050
201909 21.759 109.800 22.834
201912 11.204 111.200 11.610
202003 31.800 112.300 32.629
202006 48.538 110.400 50.660
202009 32.036 111.700 33.048
202012 16.484 111.500 17.035
202103 0.000 112.662 0.000
202106 0.000 111.769 0.000
202109 45.435 112.215 46.654
202112 22.716 113.108 23.142
202203 0.000 114.335 0.000
202206 0.000 114.558 0.000
202209 69.282 115.339 69.215
202212 36.071 115.116 36.106
202303 0.000 115.116 0.000
202306 0.000 114.558 0.000
202309 191.809 115.339 191.623
202312 0.000 114.781 0.000
202403 0.000 115.227 0.000

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.


China Telecom  (BUE:CHA) 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.


China Telecom Shiller PE Ratio Related Terms

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China Telecom (BUE:CHA) Business Description

Traded in Other Exchanges
Address
31 Jinrong Street, Xicheng District, Beijing, CHN, 100033
China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 102 million fixed-line subscribers, 189 million broadband customers, and 406 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.

China Telecom (BUE:CHA) Headlines