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Mei Ah Entertainment Group (HKSE:00391) Shiller PE Ratio : (As of Jun. 19, 2024)


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What is Mei Ah Entertainment Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mei Ah Entertainment Group Shiller PE Ratio Historical Data

The historical data trend for Mei Ah Entertainment Group'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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Mei Ah Entertainment Group Shiller PE Ratio Chart

Mei Ah Entertainment Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
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Mei Ah Entertainment Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Mei Ah Entertainment Group's Shiller PE Ratio

For the Entertainment subindustry, Mei Ah Entertainment Group'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.


Mei Ah Entertainment Group's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mei Ah Entertainment Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mei Ah Entertainment Group's Shiller PE Ratio falls into.



Mei Ah Entertainment Group 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.

Mei Ah Entertainment Group's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Mei Ah Entertainment Group's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.008/115.4269*115.4269
=-0.008

Current CPI (Mar23) = 115.4269.

Mei Ah Entertainment Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.004 95.749 -0.005
201503 -0.007 99.927 -0.008
201603 -0.011 102.785 -0.012
201703 -0.014 103.335 -0.016
201803 -0.008 105.973 -0.009
201903 -0.014 108.172 -0.015
202003 -0.016 110.920 -0.017
202103 -0.010 111.579 -0.010
202203 -0.007 113.558 -0.007
202303 -0.008 115.427 -0.008

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.


Mei Ah Entertainment Group  (HKSE:00391) 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.


Mei Ah Entertainment Group Shiller PE Ratio Related Terms

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Mei Ah Entertainment Group (HKSE:00391) Business Description

Traded in Other Exchanges
N/A
Address
28 Chun Choi Street, 5th Floor, Mei Ah Centre, Kowloon, Tseung Kwan O Industrial Estate, Hong Kong, HKG
Mei Ah Entertainment Group Ltd is an investment holding company. The company's operating segment includes Channel operations; Film exhibition and film rights licensing and sub-licensing; Cinema operations; Concert performance and events organization; Applications and video online; Property investment and Others. The company generates maximum revenue from the Channel operations segment.
Executives
Li Kuo Hsing 2101 Beneficial owner
Li Guo Lin 2201 Interest of corporation controlled by you

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