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Asia Cassava Resources Holdings (HKSE:00841) Shiller PE Ratio : 1.49 (As of Jun. 24, 2024)


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What is Asia Cassava Resources Holdings Shiller PE Ratio?

As of today (2024-06-24), Asia Cassava Resources Holdings's current share price is HK$0.104. Asia Cassava Resources Holdings's E10 for the fiscal year that ended in Mar23 was HK$0.07. Asia Cassava Resources Holdings's Shiller PE Ratio for today is 1.49.

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

HKSE:00841' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.47   Max: 7.54
Current: 1.49

During the past 13 years, Asia Cassava Resources Holdings's highest Shiller PE Ratio was 7.54. The lowest was 1.39. And the median was 2.47.

HKSE:00841's Shiller PE Ratio is ranked better than
98.9% of 1088 companies
in the Consumer Packaged Goods industry
Industry Median: 18.52 vs HKSE:00841: 1.49

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.

Asia Cassava Resources Holdings's adjusted earnings per share data of for the fiscal year that ended in Mar23 was HK$-0.162. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.07 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Cassava Resources Holdings Shiller PE Ratio Historical Data

The historical data trend for Asia Cassava Resources 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.

Asia Cassava Resources Holdings Shiller PE Ratio Chart

Asia Cassava Resources Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 2.05 3.34 2.21 3.76

Asia Cassava Resources Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 2.21 - 3.76 -

Competitive Comparison of Asia Cassava Resources Holdings's Shiller PE Ratio

For the Packaged Foods subindustry, Asia Cassava Resources 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.


Asia Cassava Resources Holdings's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asia Cassava Resources Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Asia Cassava Resources Holdings's Shiller PE Ratio falls into.



Asia Cassava Resources 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.

Asia Cassava Resources Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.104/0.07
=1.49

* 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.

Asia Cassava Resources Holdings's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Asia Cassava Resources Holdings'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)
=-0.162/115.4269*115.4269
=-0.162

Current CPI (Mar23) = 115.4269.

Asia Cassava Resources Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.281 95.749 0.339
201503 0.337 99.927 0.389
201603 0.028 102.785 0.031
201703 0.029 103.335 0.032
201803 0.057 105.973 0.062
201903 0.045 108.172 0.048
202003 -0.059 110.920 -0.061
202103 -0.012 111.579 -0.012
202203 0.077 113.558 0.078
202303 -0.162 115.427 -0.162

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.


Asia Cassava Resources Holdings  (HKSE:00841) 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.


Asia Cassava Resources Holdings Shiller PE Ratio Related Terms

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Asia Cassava Resources Holdings (HKSE:00841) Business Description

Traded in Other Exchanges
N/A
Address
63 Mody Road, Unit 612-613, 6th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Asia Cassava Resources Holdings Ltd is an investment holding company, which engages in the trade of dried cassava chips. It operates through the following segments: Procurement and Sale of Dried Cassava Chips; Property Investment; and Hotel Operations. The Procurement and Sale of Dried Cassava Chips segment which generates majority revenue offer procurement and sale of dried cassava chips. The Property Investment segment invests in office space and industrial properties for its rental income potential. The Hotel Operations segment involves in hotel operations in the People's Republic of China. The company operates in four geographical markets Hong Kong, Mainland China, Laos and Thailand out of which Mainland China acts as a major revenue contributor.

Asia Cassava Resources Holdings (HKSE:00841) Headlines

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