GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chinney Investments Ltd (HKSE:00216) » Definitions » Shiller PE Ratio

Chinney Investments (HKSE:00216) Shiller PE Ratio : 0.75 (As of Sep. 25, 2024)


View and export this data going back to 1973. Start your Free Trial

What is Chinney Investments Shiller PE Ratio?

As of today (2024-09-25), Chinney Investments's current share price is HK$0.75. Chinney Investments's E10 for the fiscal year that ended in Mar24 was HK$1.00. Chinney Investments's Shiller PE Ratio for today is 0.75.

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

HKSE:00216' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.66   Med: 2.09   Max: 5.91
Current: 0.75

During the past 13 years, Chinney Investments's highest Shiller PE Ratio was 5.91. The lowest was 0.66. And the median was 2.09.

HKSE:00216's Shiller PE Ratio is ranked better than
96.91% of 1067 companies
in the Real Estate industry
Industry Median: 11.16 vs HKSE:00216: 0.75

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.

Chinney Investments's adjusted earnings per share data of for the fiscal year that ended in Mar24 was HK$-0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$1.00 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chinney Investments Shiller PE Ratio Historical Data

The historical data trend for Chinney Investments'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.

Chinney Investments Shiller PE Ratio Chart

Chinney Investments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.52 1.41 1.21 0.80

Chinney Investments Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 1.41 - 1.21 - 0.80

Competitive Comparison of Chinney Investments's Shiller PE Ratio

For the Real Estate - Development subindustry, Chinney Investments'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.


Chinney Investments's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Chinney Investments's Shiller PE Ratio falls into.



Chinney Investments 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.

Chinney Investments's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.75/1
=0.75

* 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.

Chinney Investments's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Chinney Investments's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=-0.12/117.7354*117.7354
=-0.120

Current CPI (Mar24) = 117.7354.

Chinney Investments Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 2.330 99.927 2.745
201603 0.560 102.785 0.641
201703 0.760 103.335 0.866
201803 3.700 105.973 4.111
201903 1.417 108.172 1.542
202003 -0.080 110.920 -0.085
202103 0.140 111.579 0.148
202203 0.100 113.558 0.104
202303 0.060 115.427 0.061
202403 -0.120 117.735 -0.120

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.


Chinney Investments  (HKSE:00216) 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.


Chinney Investments Shiller PE Ratio Related Terms

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


Chinney Investments Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, 23rd Floor, Wing On Centre, Hong Kong, HKG
Chinney Investments Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property development; Property investment and Property, carpark management and others. Property development segment develops properties for sale. The Property Investment segment holds investment properties for development and generates rental income. It generates maximum revenue from the Property development segment. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Hong Kong.
Executives
Chinney Holdings Limited 2101 Beneficial owner
Lucky Year Finance Limited 2201 Interest of corporation controlled by you
Wong Sai Wing, James 2201 Interest of corporation controlled by you

Chinney Investments Headlines

No Headlines