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AviChina Industry & Technology Co (HKSE:02357) Shiller PE Ratio : 13.00 (As of May. 25, 2024)


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What is AviChina Industry & Technology Co Shiller PE Ratio?

As of today (2024-05-25), AviChina Industry & Technology Co's current share price is HK$3.64. AviChina Industry & Technology Co's E10 for the fiscal year that ended in Dec23 was HK$0.28. AviChina Industry & Technology Co's Shiller PE Ratio for today is 13.00.

The historical rank and industry rank for AviChina Industry & Technology Co's Shiller PE Ratio or its related term are showing as below:

HKSE:02357' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.29   Med: 31.54   Max: 603
Current: 13

During the past 13 years, AviChina Industry & Technology Co's highest Shiller PE Ratio was 603.00. The lowest was 10.29. And the median was 31.54.

HKSE:02357's Shiller PE Ratio is ranked better than
88.32% of 137 companies
in the Aerospace & Defense industry
Industry Median: 37.36 vs HKSE:02357: 13.00

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.

AviChina Industry & Technology Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.28 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


AviChina Industry & Technology Co Shiller PE Ratio Historical Data

The historical data trend for AviChina Industry & Technology 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.

AviChina Industry & Technology Co Shiller PE Ratio Chart

AviChina Industry & Technology 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 16.08 24.15 21.76 13.14 11.94

AviChina Industry & Technology 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 21.76 - 13.14 - 11.94

Competitive Comparison of AviChina Industry & Technology Co's Shiller PE Ratio

For the Aerospace & Defense subindustry, AviChina Industry & Technology 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.


AviChina Industry & Technology Co's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AviChina Industry & Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AviChina Industry & Technology Co's Shiller PE Ratio falls into.



AviChina Industry & Technology 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.

AviChina Industry & Technology Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.64/0.28
=13.00

* 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.

AviChina Industry & Technology Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, AviChina Industry & Technology 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)
=0.34/114.7809*114.7809
=0.340

Current CPI (Dec23) = 114.7809.

AviChina Industry & Technology Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.179 99.000 0.208
201512 0.231 100.600 0.264
201612 0.218 102.600 0.244
201712 0.243 104.500 0.267
201812 0.244 106.500 0.263
201912 0.194 111.200 0.200
202012 0.296 111.500 0.305
202112 0.376 113.108 0.382
202212 0.336 115.116 0.335
202312 0.340 114.781 0.340

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.


AviChina Industry & Technology Co  (HKSE:02357) 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.


AviChina Industry & Technology Co Shiller PE Ratio Related Terms

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AviChina Industry & Technology Co (HKSE:02357) Business Description

Traded in Other Exchanges
Address
No. 14 Xiaoguan Dongli, 6th floor, Building A, Andingmenwai, Chaoyang District, Beijing, CHN, 100029
AviChina Industry & Technology Co Ltd is engaged in the development, manufacture, sales and upgrade of civil aviation products and defense products such as provision of helicopters, trainer aircraft, general-purpose aircraft and regional jets for domestic and overseas customers. The company also collaborates with international aviation product manufacturers. AviChina has three operating segments: Aviation entire aircraft; Aviation ancillary system and related business; and Aviation engineering services. The Aviation entire aircraft segment includes helicopters, trainer aircraft, and general aircraft for both civil and military uses. Over half of the company's revenue is generated from supplying components, spare parts, and services. AviChina mainly conducts its business in China.
Executives
Tian Jin Bao Shui Qu Tou Zi You Xian Gong Si 2101 Beneficial owner
Zhong Guo Hang Kong Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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