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Morris Home Holdings (HKSE:01575) Shiller PE Ratio : (As of May. 14, 2024)


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What is Morris Home Holdings Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Morris Home Holdings Shiller PE Ratio Historical Data

The historical data trend for Morris Home Holdings'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.

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Morris Home Holdings Shiller PE Ratio Chart

Morris Home Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Morris Home Holdings Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Morris Home Holdings's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, Morris Home Holdings'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.


Morris Home Holdings's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Morris Home Holdings's Shiller PE Ratio falls into.



Morris Home Holdings 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.

Morris Home Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Morris Home Holdings'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)
=-0.01/114.6694*114.6694
=-0.010

Current CPI (Dec23) = 114.6694.

Morris Home Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.031 99.000 0.036
201512 0.100 100.600 0.114
201612 0.090 102.600 0.101
201712 0.174 104.500 0.191
201812 0.098 106.500 0.106
201912 -0.157 111.200 -0.162
202012 -0.119 111.500 -0.122
202112 -0.161 113.108 -0.163
202212 -0.156 115.116 -0.155
202312 -0.010 114.669 -0.010

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.


Morris Home Holdings  (HKSE:01575) 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.


Morris Home Holdings Shiller PE Ratio Related Terms

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Morris Home Holdings (HKSE:01575) Business Description

Traded in Other Exchanges
N/A
Address
No. 258, Shengli Road, Maqiao Street, Haining City, Zhejiang Province, Jiaxing City, CHN
Morris Home Holdings Ltd is an investment holding company engaged in the manufacturing and marketing of sofas, sofa covers, and other furniture products. The company's operating segment includes Retail and Manufacturing. It generates maximum revenue from the Retail segment. Geographically, it derives revenue from the Peoples Republic of China.

Morris Home Holdings (HKSE:01575) Headlines

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