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China Railway Construction (HKSE:01186) Shiller PE Ratio : 7.10 (As of Jun. 09, 2024)


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What is China Railway Construction Shiller PE Ratio?

As of today (2024-06-09), China Railway Construction's current share price is HK$5.61. China Railway Construction's E10 for the quarter that ended in Mar. 2024 was HK$0.79. China Railway Construction's Shiller PE Ratio for today is 7.10.

The historical rank and industry rank for China Railway Construction's Shiller PE Ratio or its related term are showing as below:

HKSE:01186' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.01   Med: 7.15   Max: 17.96
Current: 6.13

During the past years, China Railway Construction's highest Shiller PE Ratio was 17.96. The lowest was 0.01. And the median was 7.15.

HKSE:01186's Shiller PE Ratio is ranked better than
88.27% of 989 companies
in the Construction industry
Industry Median: 15.53 vs HKSE:01186: 6.13

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.

China Railway Construction's adjusted earnings per share data for the three months ended in Mar. 2024 was HK$0.433. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Railway Construction Shiller PE Ratio Historical Data

The historical data trend for China Railway Construction'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.

China Railway Construction Shiller PE Ratio Chart

China Railway Construction 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 10.09 7.13 6.46 5.85 5.48

China Railway Construction 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 6.70 7.25 6.31 5.48 6.05

Competitive Comparison of China Railway Construction's Shiller PE Ratio

For the Engineering & Construction subindustry, China Railway Construction'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.


China Railway Construction's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Construction's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Railway Construction's Shiller PE Ratio falls into.



China Railway Construction 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.

China Railway Construction's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.61/0.79
=7.10

* 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.

China Railway Construction's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, China Railway Construction'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)
=0.433/115.2271*115.2271
=0.433

Current CPI (Mar. 2024) = 115.2271.

China Railway Construction Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.318 98.200 0.373
201409 0.278 98.900 0.324
201412 0.388 99.000 0.452
201503 0.231 99.900 0.266
201506 0.305 99.500 0.353
201509 0.304 100.500 0.349
201512 0.373 100.600 0.427
201603 0.222 102.200 0.250
201606 0.276 101.400 0.314
201609 0.279 102.400 0.314
201612 0.392 102.600 0.440
201703 0.229 103.200 0.256
201706 0.283 103.100 0.316
201709 0.333 104.100 0.369
201712 0.415 104.500 0.458
201803 0.293 105.300 0.321
201806 0.357 104.900 0.392
201809 0.389 106.600 0.420
201812 0.409 106.500 0.443
201903 0.301 107.700 0.322
201906 0.401 107.700 0.429
201909 0.397 109.800 0.417
201912 0.401 111.200 0.416
202003 0.202 112.300 0.207
202006 0.445 110.400 0.464
202009 0.410 111.700 0.423
202012 0.581 111.500 0.600
202103 0.366 112.662 0.374
202106 0.580 111.769 0.598
202109 0.434 112.215 0.446
202112 0.551 113.108 0.561
202203 0.449 114.335 0.453
202206 0.617 114.558 0.621
202209 0.380 115.339 0.380
202212 0.592 115.116 0.593
202303 0.443 115.116 0.443
202306 0.570 114.558 0.573
202309 0.408 115.339 0.408
202312 0.481 114.781 0.483
202403 0.433 115.227 0.433

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.


China Railway Construction  (HKSE:01186) 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.


China Railway Construction Shiller PE Ratio Related Terms

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China Railway Construction (HKSE:01186) Business Description

Traded in Other Exchanges
Address
East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855
China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segment: Construction; Survey, Design, and Consultancy; Manufacturing; Real Estate; and Other Business Operations. Most of the firm's revenue gets dominated by the Construction segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.

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