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Macau Legend Development (HKSE:01680) Shiller PE Ratio : (As of May. 29, 2024)


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What is Macau Legend Development Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Macau Legend Development Shiller PE Ratio Historical Data

The historical data trend for Macau Legend Development'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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Macau Legend Development Shiller PE Ratio Chart

Macau Legend Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Macau Legend Development Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Macau Legend Development's Shiller PE Ratio

For the Resorts & Casinos subindustry, Macau Legend Development'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.


Macau Legend Development's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Macau Legend Development's Shiller PE Ratio falls into.



Macau Legend Development 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.

Macau Legend Development's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Macau Legend Development'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)
=-0.001/129.4194*129.4194
=-0.001

Current CPI (Dec23) = 129.4194.

Macau Legend Development Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.074 99.070 0.097
201512 -0.042 99.792 -0.054
201612 -0.044 101.863 -0.056
201712 -0.081 104.011 -0.101
201812 0.314 105.998 0.383
201912 -0.030 108.420 -0.036
202012 -0.315 109.897 -0.371
202112 -0.192 117.630 -0.211
202212 -0.098 125.222 -0.101
202312 -0.001 129.419 -0.001

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.


Macau Legend Development  (HKSE:01680) 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.


Macau Legend Development Shiller PE Ratio Related Terms

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Macau Legend Development (HKSE:01680) Business Description

Traded in Other Exchanges
Address
Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC
Macau Legend Development Ltd is an investment holdings company. The company is one of the owners of entertainment and casino gaming facilities in Macau. The company currently has Macau Fisherman's Wharf operated by MFW Investment (MFW), which is a waterfront integrated gaming, hotel, convention and entertainment complex located on the Macau Peninsula. The company's businesses include 1) the provision of gaming services to SJM for the operation of Legend Palace Casino; 2) the operation of casino inside Savan Legend Resorts Hotel and Entertainment Complex in the Lao People's Democratic Republic (Lao PDR); and 3) the operation of hotels, entertainment and leisure facilities within its properties.
Executives
Chow Kam Fai, David
Chan Weng Lin
Wu Jo Hsuan 2202 Interest of your spouse
Perfect Achiever Group Limited 2101 Beneficial owner
Chan Mei Yi, Melinda
Chan Un Chan 2201 Interest of corporation controlled by you
Earth Group Ventures Ltd.
Li Chi Keung
Wong Hoi Ping
Elite Success International Limited 2101 Beneficial owner

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