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China Mobile (FRA:CTM) Shiller PE Ratio : 17.96 (As of May. 01, 2024)


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What is China Mobile Shiller PE Ratio?

As of today (2024-05-01), China Mobile's current share price is €8.261. China Mobile's E10 for the quarter that ended in Mar. 2024 was €0.46. China Mobile's Shiller PE Ratio for today is 17.96.

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

FRA:CTM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.19   Med: 14.13   Max: 17.25
Current: 16.38

During the past years, China Mobile's highest Shiller PE Ratio was 17.25. The lowest was 9.19. And the median was 14.13.

FRA:CTM's Shiller PE Ratio is ranked worse than
56.22% of 217 companies
in the Telecommunication Services industry
Industry Median: 14.4 vs FRA:CTM: 16.38

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.

China Mobile's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.176. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Mobile Shiller PE Ratio Historical Data

The historical data trend for China Mobile'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 Mobile Shiller PE Ratio Chart

China Mobile 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 - - - 10.96 15.80

China Mobile Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 14.65 14.64 15.30 15.80 16.87

Competitive Comparison of China Mobile's Shiller PE Ratio

For the Telecom Services subindustry, China Mobile'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 Mobile's Shiller PE Ratio Distribution in the Telecommunication Services Industry

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

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



China Mobile 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 Mobile's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.261/0.46
=17.96

* 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.

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

For example, China Mobile'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)
=0.176/117.7354*117.7354
=0.176

Current CPI (Mar. 2024) = 117.7354.

China Mobile Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200806 0.000 79.919 0.000
200812 0.000 79.590 0.000
200906 0.000 79.260 0.000
200912 0.000 80.799 0.000
201006 0.000 81.568 0.000
201012 0.000 83.217 0.000
201106 0.000 86.185 0.000
201112 0.000 87.944 0.000
201206 0.000 89.373 0.000
201212 0.000 91.132 0.000
201306 0.000 93.001 0.000
201312 0.000 95.090 0.000
201406 0.000 96.409 0.000
201412 0.000 99.707 0.000
201506 0.000 99.267 0.000
201512 0.000 102.015 0.000
201606 0.000 101.686 0.000
201612 0.000 103.225 0.000
201706 0.000 103.664 0.000
201712 0.000 104.984 0.000
201806 0.000 106.193 0.000
201812 0.324 107.622 0.354
201906 0.000 109.601 0.000
201912 0.313 110.700 0.333
202006 0.000 110.590 0.000
202009 0.157 107.512 0.172
202012 0.162 109.711 0.174
202103 0.151 111.579 0.159
202106 0.222 111.360 0.235
202109 0.179 109.051 0.193
202112 0.197 112.349 0.206
202203 0.172 113.558 0.178
202206 0.295 113.448 0.306
202209 0.191 113.778 0.198
202212 0.171 114.548 0.176
202303 0.178 115.427 0.182
202306 0.290 115.647 0.295
202309 0.176 116.087 0.178
202312 0.157 117.296 0.158
202403 0.176 117.735 0.176

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 Mobile  (FRA:CTM) 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 Mobile Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of China Mobile's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


China Mobile (FRA:CTM) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG
China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.