GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Investment and Finance Group Ltd (HKSE:01226) » Definitions » Shiller PE Ratio

China Investment and Finance Group (HKSE:01226) Shiller PE Ratio : (As of Jun. 21, 2024)


View and export this data going back to 2002. Start your Free Trial

What is China Investment and Finance Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Investment and Finance Group Shiller PE Ratio Historical Data

The historical data trend for China Investment and Finance Group'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 Investment and Finance Group Shiller PE Ratio Chart

China Investment and Finance Group 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 - - - - -

China Investment and Finance Group 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 - - - - -

Competitive Comparison of China Investment and Finance Group's Shiller PE Ratio

For the Asset Management subindustry, China Investment and Finance Group'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 Investment and Finance Group's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, China Investment and Finance Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Investment and Finance Group's Shiller PE Ratio falls into.



China Investment and Finance Group 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 Investment and Finance Group's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, China Investment and Finance Group'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)
=-0.109/115.4269*115.4269
=-0.109

Current CPI (Mar23) = 115.4269.

China Investment and Finance Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -8.045 95.749 -9.698
201503 0.002 99.927 0.002
201603 0.631 102.785 0.709
201703 1.712 103.335 1.912
201803 -4.614 105.973 -5.026
201903 -0.382 108.172 -0.408
202003 -0.560 110.920 -0.583
202103 0.014 111.579 0.014
202203 -0.023 113.558 -0.023
202303 -0.109 115.427 -0.109

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 Investment and Finance Group  (HKSE:01226) 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 Investment and Finance Group Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of China Investment and Finance Group's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


China Investment and Finance Group (HKSE:01226) Business Description

Traded in Other Exchanges
N/A
Address
70 Queen’s Road Central, Room 1104, Crawford House, Hong Kong, HKG
China Investment and Finance Group Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in securities trading and investment holding. It principally invests in listed and unlisted securities. The company derives revenue from dividends and interest income. Geographically, all the operations of the company are carried out in Hong Kong.

China Investment and Finance Group (HKSE:01226) Headlines

No Headlines