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China Resources Medical Holdings Co (HKSE:01515) Shiller PE Ratio : 41.90 (As of May. 04, 2024)


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What is China Resources Medical Holdings Co Shiller PE Ratio?

As of today (2024-05-04), China Resources Medical Holdings Co's current share price is HK$4.19. China Resources Medical Holdings Co's E10 for the fiscal year that ended in Dec23 was HK$0.10. China Resources Medical Holdings Co's Shiller PE Ratio for today is 41.90.

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

HKSE:01515' s Shiller PE Ratio Range Over the Past 10 Years
Min: 37.2   Med: 51.11   Max: 81.3
Current: 41.9

During the past 12 years, China Resources Medical Holdings Co's highest Shiller PE Ratio was 81.30. The lowest was 37.20. And the median was 51.11.

HKSE:01515's Shiller PE Ratio is ranked worse than
68.44% of 225 companies
in the Healthcare Providers & Services industry
Industry Median: 25.35 vs HKSE:01515: 41.90

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 Resources Medical Holdings Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.219. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.10 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Resources Medical Holdings Co Shiller PE Ratio Historical Data

The historical data trend for China Resources Medical Holdings 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.

China Resources Medical Holdings Co Shiller PE Ratio Chart

China Resources Medical Holdings 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 - - 50.92 58.79 50.45

China Resources Medical Holdings Co 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 50.92 - 58.79 - 50.45

Competitive Comparison of China Resources Medical Holdings Co's Shiller PE Ratio

For the Medical Care Facilities subindustry, China Resources Medical Holdings 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.


China Resources Medical Holdings Co's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, China Resources Medical Holdings Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Resources Medical Holdings Co's Shiller PE Ratio falls into.



China Resources Medical Holdings 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.

China Resources Medical Holdings Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.19/0.1
=41.90

* 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 Resources Medical Holdings Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, China Resources Medical Holdings Co'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)
=0.219/114.6694*114.6694
=0.219

Current CPI (Dec23) = 114.6694.

China Resources Medical Holdings Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.351 99.000 0.407
201512 0.240 100.600 0.274
201612 -1.872 102.600 -2.092
201712 0.391 104.500 0.429
201812 0.386 106.500 0.416
201912 0.345 111.200 0.356
202012 0.296 111.500 0.304
202112 0.404 113.108 0.410
202212 0.235 115.116 0.234
202312 0.219 114.669 0.219

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 Resources Medical Holdings Co  (HKSE:01515) 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 Resources Medical Holdings Co Shiller PE Ratio Related Terms

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China Resources Medical Holdings Co (HKSE:01515) Business Description

Traded in Other Exchanges
Address
No. 9, Fuyi Street, 14th Floor, Kunlun Center Office Building, Fengtai District, Beijing, CHN, 100069
China Resources Medical Holdings Co Ltd provides a full spectrum of general healthcare services, hospital management services, and also group purchasing organization business and other derived business from hospitals in Mainland China. The group has three operating segments: Self-owned hospitals, IOT/operate-transfer, and Others. The self-owned hospitals segment which generates the majority of revenue is engaged in the provision of out-patient and in-patient services by the consolidated hospitals. IOT/operate-transfer hospitals segment engages in the provision of services to IOT hospitals and OT hospitals. Others segment engages in the provision of services to other kinds of clients.

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