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China Mengniu Dairy Co (HKSE:02319) Shiller PE Ratio : 17.48 (As of Dec. 11, 2024)


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What is China Mengniu Dairy Co Shiller PE Ratio?

As of today (2024-12-11), China Mengniu Dairy Co's current share price is HK$17.48. China Mengniu Dairy Co's E10 for the fiscal year that ended in Dec23 was HK$1.00. China Mengniu Dairy Co's Shiller PE Ratio for today is 17.48.

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

HKSE:02319' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.18   Med: 43.85   Max: 72.25
Current: 17.48

During the past 13 years, China Mengniu Dairy Co's highest Shiller PE Ratio was 72.25. The lowest was 12.18. And the median was 43.85.

HKSE:02319's Shiller PE Ratio is ranked better than
55.66% of 954 companies
in the Consumer Packaged Goods industry
Industry Median: 19.35 vs HKSE:02319: 17.48

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 Mengniu Dairy Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$1.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$1.00 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Mengniu Dairy Co Shiller PE Ratio Historical Data

The historical data trend for China Mengniu Dairy 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 Mengniu Dairy Co Shiller PE Ratio Chart

China Mengniu Dairy 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 47.72 66.45 54.82 38.74 21.04

China Mengniu Dairy Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 38.74 - 21.04 -

Competitive Comparison of China Mengniu Dairy Co's Shiller PE Ratio

For the Packaged Foods subindustry, China Mengniu Dairy 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 Mengniu Dairy Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Mengniu Dairy Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Mengniu Dairy Co's Shiller PE Ratio falls into.



China Mengniu Dairy 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 Mengniu Dairy Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=17.48/1
=17.48

* 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 Mengniu Dairy Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, China Mengniu Dairy 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)
=1.33/117.2957*117.2957
=1.330

Current CPI (Dec23) = 117.2957.

China Mengniu Dairy Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.754 99.707 0.887
201512 0.730 102.015 0.839
201612 -0.216 103.225 -0.245
201712 0.623 104.984 0.696
201812 0.884 107.622 0.963
201912 1.164 110.700 1.233
202012 1.057 109.711 1.130
202112 1.551 112.349 1.619
202212 1.492 114.548 1.528
202312 1.330 117.296 1.330

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 Mengniu Dairy Co  (HKSE:02319) 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 Mengniu Dairy Co Shiller PE Ratio Related Terms

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China Mengniu Dairy Co Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, Causeway Bay, 32nd Floor, COFCO Tower, Hong Kong, HKG
China Mengniu Dairy is China's second-largest dairy producer by market share. The company produces a broad range of dairy products including liquid milk, yogurt, ice cream, milk formula, and cheese. Liquid milk, composed of milk, milk beverages, and yogurt, contributed close to 80% of Mengniu's revenue in 2022. Flagship lineups include Deluxe, Mengniu Pure Milk, Just Yoghurt and Yoyi C. Mengniu also owns two infant formula brands, Yashili and Bellamy, as well as Milkground, a cheese brand.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Mitsubishi Ufj Financial Group, Inc. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Schroders Plc 2102 Investment manager
Citigroup Inc. 2502 Approved lending agent
Cofco Corporation 2201 Interest of corporation controlled by you
Schroders Plc 2102 Investment manager
Zhi Yuan You Xian Gong Si 2501 Other
Cai Quan You Xian Gong Si 2501 Other
Zhong Liang Ru Ye Tou Zi You Xian Gong Si 2501 Other
Zhong Liang Ru Ye Kong Gu You Xian Gong Si 2501 Other

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