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Hongkong Land Holdings (Hongkong Land Holdings) Shiller PE Ratio : 5.82 (As of May. 21, 2024)


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What is Hongkong Land Holdings Shiller PE Ratio?

As of today (2024-05-21), Hongkong Land Holdings's current share price is $3.49. Hongkong Land Holdings's E10 for the fiscal year that ended in Dec23 was $0.60. Hongkong Land Holdings's Shiller PE Ratio for today is 5.82.

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

HKHGF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.73   Med: 5.98   Max: 8.28
Current: 5.4

During the past 13 years, Hongkong Land Holdings's highest Shiller PE Ratio was 8.28. The lowest was 2.73. And the median was 5.98.

HKHGF's Shiller PE Ratio is ranked better than
78.47% of 1082 companies
in the Real Estate industry
Industry Median: 11.235 vs HKHGF: 5.40

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.

Hongkong Land Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $-0.263. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.60 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hongkong Land Holdings Shiller PE Ratio Historical Data

The historical data trend for Hongkong Land Holdings'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.

Hongkong Land Holdings Shiller PE Ratio Chart

Hongkong Land Holdings 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 4.45 4.36 7.16 6.55 5.50

Hongkong Land Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7.16 - 6.55 - 5.50

Competitive Comparison of Hongkong Land Holdings's Shiller PE Ratio

For the Real Estate - Development subindustry, Hongkong Land Holdings'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.


Hongkong Land Holdings's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hongkong Land Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hongkong Land Holdings's Shiller PE Ratio falls into.



Hongkong Land Holdings 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.

Hongkong Land Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.49/0.6
=5.82

* 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.

Hongkong Land Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Hongkong Land Holdings'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)
=-0.263/129.4194*129.4194
=-0.263

Current CPI (Dec23) = 129.4194.

Hongkong Land Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.564 99.070 0.737
201512 0.855 99.792 1.109
201612 1.422 101.863 1.807
201712 2.386 104.011 2.969
201812 1.049 105.998 1.281
201912 0.085 108.420 0.101
202012 -1.134 109.897 -1.335
202112 -0.150 117.630 -0.165
202212 0.090 125.222 0.093
202312 -0.263 129.419 -0.263

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.


Hongkong Land Holdings  (OTCPK:HKHGF) 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.


Hongkong Land Holdings Shiller PE Ratio Related Terms

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Hongkong Land Holdings (Hongkong Land Holdings) Business Description

Traded in Other Exchanges
Address
33-35 Street, Jardine House, 4th Floor, Hamilton, BMU
Hongkong Land is a property investor focusing on holding prime commercial assets in Hong Kong, mainland China and Singapore. It is the largest office landlord in Hong Kong's Central Business District and the second largest in Hong Kong overall. The Central portfolio includes 4.1 million square feet of office space and 0.6 million square feet of retail space. The company also holds 1.6 million square feet of office space in Singapore. The company also has property development business in mainland China, Singapore, and Southeast Asia. Hongkong Land is dual listed on the London Stock Exchange and the Singapore Exchange. Jardine Matheson Holdings owns 53% of the company.

Hongkong Land Holdings (Hongkong Land Holdings) Headlines

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