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New Universe Environmental Group (HKSE:00436) Shiller PE Ratio : 3.15 (As of Jun. 10, 2024)


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What is New Universe Environmental Group Shiller PE Ratio?

As of today (2024-06-10), New Universe Environmental Group's current share price is HK$0.063. New Universe Environmental Group's E10 for the fiscal year that ended in Dec23 was HK$0.02. New Universe Environmental Group's Shiller PE Ratio for today is 3.15.

The historical rank and industry rank for New Universe Environmental Group's Shiller PE Ratio or its related term are showing as below:

HKSE:00436' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.5   Med: 13.5   Max: 76
Current: 3.69

During the past 13 years, New Universe Environmental Group's highest Shiller PE Ratio was 76.00. The lowest was 2.50. And the median was 13.50.

HKSE:00436's Shiller PE Ratio is ranked better than
98% of 100 companies
in the Waste Management industry
Industry Median: 20.355 vs HKSE:00436: 3.69

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.

New Universe Environmental Group's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$-0.011. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.02 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Universe Environmental Group Shiller PE Ratio Historical Data

The historical data trend for New Universe Environmental 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.

* Premium members only.

New Universe Environmental Group Shiller PE Ratio Chart

New Universe Environmental Group 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 12.36 13.33 14.08 6.81 3.52

New Universe Environmental Group 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 14.08 - 6.81 - 3.52

Competitive Comparison of New Universe Environmental Group's Shiller PE Ratio

For the Waste Management subindustry, New Universe Environmental 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.


New Universe Environmental Group's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, New Universe Environmental Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where New Universe Environmental Group's Shiller PE Ratio falls into.



New Universe Environmental 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.

New Universe Environmental Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.063/0.02
=3.15

* 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.

New Universe Environmental Group's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, New Universe Environmental Group'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)
=-0.011/117.2957*117.2957
=-0.011

Current CPI (Dec23) = 117.2957.

New Universe Environmental Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.022 99.707 0.026
201512 0.015 102.015 0.017
201612 0.021 103.225 0.024
201712 0.028 104.984 0.031
201812 0.025 107.622 0.027
201912 0.013 110.700 0.014
202012 0.025 109.711 0.027
202112 0.013 112.349 0.014
202212 0.002 114.548 0.002
202312 -0.011 117.296 -0.011

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.


New Universe Environmental Group  (HKSE:00436) 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.


New Universe Environmental Group Shiller PE Ratio Related Terms

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New Universe Environmental Group (HKSE:00436) Business Description

Traded in Other Exchanges
N/A
Address
16 Wang Hoi Road, Rooms 2110-2112, Telford House, Kowloon Bay, Kowloon, Hong Kong, HKG
New Universe Environmental Group Ltd is engaged in providing hazardous waste treatment services. It operates in four segments: Provision of industrial and medical waste treatment and disposal services; provision of environmental plating sewage treatment services and provision of related facilities and utilities in an eco-plating specialized zone (including industrial sewage treatment services, providing related utilities and management services, and providing factory facilities); provision of environmental equipment construction and installation services, investments in plastic materials dyeing operations. It mainly functions in China and earns the majority of its revenue from the Environmental waste treatment services segment.
Executives
New Universe Enterprises Limited 2201 Interest of corporation controlled by you
China Minsheng Investment Group Corp., Ltd. 2101 Beneficial owner

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