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Hisense Home Appliances Group Co (HKSE:00921) Shiller PE Ratio : 33.44 (As of Jun. 23, 2024)


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What is Hisense Home Appliances Group Co Shiller PE Ratio?

As of today (2024-06-23), Hisense Home Appliances Group Co's current share price is HK$32.10. Hisense Home Appliances Group Co's E10 for the quarter that ended in Mar. 2024 was HK$0.96. Hisense Home Appliances Group Co's Shiller PE Ratio for today is 33.44.

The historical rank and industry rank for Hisense Home Appliances Group Co's Shiller PE Ratio or its related term are showing as below:

HKSE:00921' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.89   Med: 18.03   Max: 265.25
Current: 31.09

During the past years, Hisense Home Appliances Group Co's highest Shiller PE Ratio was 265.25. The lowest was 9.89. And the median was 18.03.

HKSE:00921's Shiller PE Ratio is ranked worse than
75.77% of 260 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 17.95 vs HKSE:00921: 31.09

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.

Hisense Home Appliances Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was HK$0.782. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hisense Home Appliances Group Co Shiller PE Ratio Historical Data

The historical data trend for Hisense Home Appliances Group Co'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.

Hisense Home Appliances Group Co Shiller PE Ratio Chart

Hisense Home Appliances Group Co 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 14.60 16.10 15.68 12.88 17.89

Hisense Home Appliances Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.88 25.04 21.29 17.89 25.44

Competitive Comparison of Hisense Home Appliances Group Co's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, Hisense Home Appliances Group Co'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.


Hisense Home Appliances Group Co's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hisense Home Appliances Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hisense Home Appliances Group Co's Shiller PE Ratio falls into.



Hisense Home Appliances Group Co 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.

Hisense Home Appliances Group Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=32.10/0.96
=33.44

* 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.

Hisense Home Appliances Group Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Hisense Home Appliances Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.782/117.7354*117.7354
=0.782

Current CPI (Mar. 2024) = 117.7354.

Hisense Home Appliances Group Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.348 96.409 0.425
201409 0.101 97.948 0.121
201412 -0.038 99.707 -0.045
201503 0.211 99.927 0.249
201506 0.250 99.267 0.297
201509 -0.037 99.927 -0.044
201512 0.108 102.015 0.125
201603 0.131 102.785 0.150
201606 0.353 101.686 0.409
201609 0.256 102.565 0.294
201612 0.191 103.225 0.218
201703 0.214 103.335 0.244
201706 0.344 103.664 0.391
201709 0.928 103.994 1.051
201712 0.249 104.984 0.279
201803 0.261 105.973 0.290
201806 0.449 106.193 0.498
201809 0.297 106.852 0.327
201812 0.193 107.622 0.211
201903 0.363 108.172 0.395
201906 0.442 109.601 0.475
201909 0.319 110.260 0.341
201912 0.367 110.700 0.390
202003 0.033 110.920 0.035
202006 0.372 110.590 0.396
202009 0.421 107.512 0.461
202012 0.498 109.711 0.534
202103 0.191 111.579 0.202
202106 0.350 111.360 0.370
202109 0.277 109.051 0.299
202112 0.037 112.349 0.039
202203 0.247 113.558 0.256
202206 0.305 113.448 0.317
202209 0.369 113.778 0.382
202212 0.290 114.548 0.298
202303 0.513 115.427 0.523
202306 0.700 115.647 0.713
202309 0.740 116.087 0.751
202312 0.328 117.296 0.329
202403 0.782 117.735 0.782

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.


Hisense Home Appliances Group Co  (HKSE:00921) 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.


Hisense Home Appliances Group Co Shiller PE Ratio Related Terms

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Hisense Home Appliances Group Co (HKSE:00921) Business Description

Traded in Other Exchanges
Address
No. 8 Ronggang Road, Ronggui Street, Shunde District, Guangdong Province, Foshan, CHN, 528303
Hisense Home Appliances Group Co Ltd is a manufacturer of white household electrical appliances in the People's Republic of China, with eight brand names, namely Hisense, Ronshen, KELON, HITACHI, YORK, Gorenje, ASKO, and SANDEN. The company produces electrical appliances like refrigerators, air-conditioners, freezers, washing machines, and Kitchen electrical appliances. The businesses of the Company are set out as follows: HVAC Business Work; Refrigerator and Washing Machine Business Work; Automotive Air Conditioner Compressor and Integrated Thermal Management System Business Work; Smart Home Business Work; Overseas Markets for Home Appliances Business Work and Implementing the Manufacturing Work. The majority of the company's revenue is generated from the domestic market.
Executives
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Qing Dao Hai Xin Dian Zi Chan Ye Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc 2101 Beneficial owner
Hai Xin Xiang Gang You Xian Gong Si 2101 Beneficial owner

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