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Leoch International Technology (HKSE:00842) Shiller PE Ratio : 7.79 (As of May. 12, 2024)


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What is Leoch International Technology Shiller PE Ratio?

As of today (2024-05-12), Leoch International Technology's current share price is HK$1.48. Leoch International Technology's E10 for the fiscal year that ended in Dec23 was HK$0.19. Leoch International Technology's Shiller PE Ratio for today is 7.79.

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

HKSE:00842' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.77   Med: 6.49   Max: 18.46
Current: 7.68

During the past 13 years, Leoch International Technology's highest Shiller PE Ratio was 18.46. The lowest was 2.77. And the median was 6.49.

HKSE:00842's Shiller PE Ratio is ranked better than
94.9% of 1746 companies
in the Industrial Products industry
Industry Median: 26.005 vs HKSE:00842: 7.68

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.

Leoch International Technology's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.403. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.19 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leoch International Technology Shiller PE Ratio Historical Data

The historical data trend for Leoch International Technology'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.

Leoch International Technology Shiller PE Ratio Chart

Leoch International Technology 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 4.05 3.90 8.68 10.41 6.38

Leoch International Technology 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 8.68 - 10.41 - 6.38

Competitive Comparison of Leoch International Technology's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Leoch International Technology'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.


Leoch International Technology's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leoch International Technology's Shiller PE Ratio distribution charts can be found below:

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



Leoch International Technology 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.

Leoch International Technology's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.48/0.19
=7.79

* 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.

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

For example, Leoch International Technology'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)
=0.403/117.2957*117.2957
=0.403

Current CPI (Dec23) = 117.2957.

Leoch International Technology Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.075 99.707 0.088
201512 0.096 102.015 0.110
201612 0.202 103.225 0.230
201712 0.213 104.984 0.238
201812 0.091 107.622 0.099
201912 0.111 110.700 0.118
202012 0.107 109.711 0.114
202112 0.122 112.349 0.127
202212 0.391 114.548 0.400
202312 0.403 117.296 0.403

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.


Leoch International Technology  (HKSE:00842) 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.


Leoch International Technology Shiller PE Ratio Related Terms

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Leoch International Technology (HKSE:00842) Business Description

Traded in Other Exchanges
Address
No. 83, Zhanjing Road, Zhonggang Plaza, Exhibition Bay, 14th Floor, Block A, Tower 6, Fuyong Airport New City South, Baoan District, Shenzhen, CHN
Leoch International Technology Ltd is a vertically integrated enterprise. It is engaged in the development, sale, and manufacture of lead-acid batteries, recycled lead products, and others. Its product portfolio under lead-acid batteries consists of reserve power batteries, SLI batteries, motive power batteries, and others. The lead-acid-based reserve power batteries generate a vast majority of revenue for the company. Geographically, the company offers its services to China, Europe, the Middle East and Africa, the Americas, and Asia-Pacific, out of which China is the key revenue driver.

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