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Tan Chong International (HKSE:00693) Shiller PE Ratio : 8.29 (As of May. 01, 2024)


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What is Tan Chong International Shiller PE Ratio?

As of today (2024-05-01), Tan Chong International's current share price is HK$1.41. Tan Chong International's E10 for the fiscal year that ended in Dec23 was HK$0.17. Tan Chong International's Shiller PE Ratio for today is 8.29.

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

HKSE:00693' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.34   Med: 6.41   Max: 11.03
Current: 8.07

During the past 13 years, Tan Chong International's highest Shiller PE Ratio was 11.03. The lowest was 4.34. And the median was 6.41.

HKSE:00693's Shiller PE Ratio is ranked better than
85.89% of 822 companies
in the Vehicles & Parts industry
Industry Median: 17.795 vs HKSE:00693: 8.07

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.

Tan Chong International's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.139. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.17 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tan Chong International Shiller PE Ratio Historical Data

The historical data trend for Tan Chong International'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.

Tan Chong International Shiller PE Ratio Chart

Tan Chong International 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 5.73 6.14 6.27 6.43 8.24

Tan Chong International 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 6.27 - 6.43 - 8.24

Competitive Comparison of Tan Chong International's Shiller PE Ratio

For the Auto & Truck Dealerships subindustry, Tan Chong International'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.


Tan Chong International's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tan Chong International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tan Chong International's Shiller PE Ratio falls into.



Tan Chong International 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.

Tan Chong International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.41/0.17
=8.29

* 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.

Tan Chong International's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Tan Chong International'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)
=0.139/117.2957*117.2957
=0.139

Current CPI (Dec23) = 117.2957.

Tan Chong International Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.170 99.707 0.200
201512 0.150 102.015 0.172
201612 0.090 103.225 0.102
201712 0.250 104.984 0.279
201812 0.300 107.622 0.327
201912 0.106 110.700 0.112
202012 0.005 109.711 0.005
202112 0.188 112.349 0.196
202212 0.208 114.548 0.213
202312 0.139 117.296 0.139

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.


Tan Chong International  (HKSE:00693) 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.


Tan Chong International Shiller PE Ratio Related Terms

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Tan Chong International (HKSE:00693) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, Unit 3001, 30th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
Tan Chong International Ltd is an automobile dealer. It offers vehicles of Nissan brand in Singapore, Hong Kong, China and Thailand. The company has five business lines namely, Motor vehicle distribution and dealership business, Heavy commercial vehicle and industrial equipment distribution business, Property rentals and development, Transportation and Other operations which include investment holding, hire purchase financing, provision of workshop services and the manufacturing of vehicle seats. The company generates the majority of revenue from Motor vehicle distribution and dealership business.

Tan Chong International (HKSE:00693) Headlines

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