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Fuyao Glass Industry Group Co (HKSE:03606) Shiller PE Ratio : 33.28 (As of May. 27, 2024)


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What is Fuyao Glass Industry Group Co Shiller PE Ratio?

As of today (2024-05-27), Fuyao Glass Industry Group Co's current share price is HK$45.60. Fuyao Glass Industry Group Co's E10 for the quarter that ended in Mar. 2024 was HK$1.37. Fuyao Glass Industry Group Co's Shiller PE Ratio for today is 33.28.

The historical rank and industry rank for Fuyao Glass Industry Group Co's Shiller PE Ratio or its related term are showing as below:

HKSE:03606' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.88   Med: 23.18   Max: 51.7
Current: 31.45

During the past years, Fuyao Glass Industry Group Co's highest Shiller PE Ratio was 51.70. The lowest was 12.88. And the median was 23.18.

HKSE:03606's Shiller PE Ratio is ranked worse than
70.07% of 832 companies
in the Vehicles & Parts industry
Industry Median: 17.65 vs HKSE:03606: 31.45

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.

Fuyao Glass Industry Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was HK$0.576. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$1.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuyao Glass Industry Group Co Shiller PE Ratio Historical Data

The historical data trend for Fuyao Glass Industry Group 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.

Fuyao Glass Industry Group Co Shiller PE Ratio Chart

Fuyao Glass Industry Group 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 19.76 39.80 37.55 25.65 25.52

Fuyao Glass Industry Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 25.22 25.26 25.49 25.52 28.92

Competitive Comparison of Fuyao Glass Industry Group Co's Shiller PE Ratio

For the Auto Parts subindustry, Fuyao Glass Industry Group 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.


Fuyao Glass Industry Group Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fuyao Glass Industry Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fuyao Glass Industry Group Co's Shiller PE Ratio falls into.



Fuyao Glass Industry Group 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.

Fuyao Glass Industry Group Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=45.60/1.37
=33.28

* 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.

Fuyao Glass Industry Group Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Fuyao Glass Industry Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.576/115.2271*115.2271
=0.576

Current CPI (Mar. 2024) = 115.2271.

Fuyao Glass Industry Group Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.348 98.200 0.408
201409 0.341 98.900 0.397
201412 0.401 99.000 0.467
201503 0.361 99.900 0.416
201506 0.312 99.500 0.361
201509 0.304 100.500 0.349
201512 0.373 100.600 0.427
201603 0.274 102.200 0.309
201606 0.412 101.400 0.468
201609 0.337 102.400 0.379
201612 0.426 102.600 0.478
201703 0.315 103.200 0.352
201706 0.309 103.100 0.345
201709 0.357 104.100 0.395
201712 0.486 104.500 0.536
201803 0.273 105.300 0.299
201806 0.631 104.900 0.693
201809 0.640 106.600 0.692
201812 0.386 106.500 0.418
201903 0.281 107.700 0.301
201906 0.408 107.700 0.437
201909 0.374 109.800 0.392
201912 0.245 111.200 0.254
202003 0.199 112.300 0.204
202006 0.219 110.400 0.229
202009 0.353 111.700 0.364
202012 0.415 111.500 0.429
202103 0.405 112.662 0.414
202106 0.435 111.769 0.448
202109 0.386 112.215 0.396
202112 0.257 113.108 0.262
202203 0.407 114.335 0.410
202206 0.680 114.558 0.684
202209 0.649 115.339 0.648
202212 0.369 115.116 0.369
202303 0.399 115.116 0.399
202306 0.809 114.558 0.814
202309 0.526 115.339 0.525
202312 0.634 114.781 0.636
202403 0.576 115.227 0.576

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.


Fuyao Glass Industry Group Co  (HKSE:03606) 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.


Fuyao Glass Industry Group Co Shiller PE Ratio Related Terms

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Fuyao Glass Industry Group Co (HKSE:03606) Business Description

Traded in Other Exchanges
Address
Fuyao Industrial Zone II, Fujian Province, Fuqing, CHN, 350301
Fuyao Glass Industry Group Co Ltd manufactures and sells glass to be fitted in automobiles. The company is principally engaged in providing total solutions of safety glass and automotive accessories for various transportation vehicles, including the design, manufacture, and sale of automotive grade float glass, automotive glass, locomotive glass, luggage racks, vehicle window trims, and provision of relevant services. The Company's product portfolio consists of automobile glasses, such as coating glasses and others, which are applied in passenger cars, buses, limousines and others, and float glasses. The Company distributes its products within domestic markets and overseas markets. Geographically, it derives a majority of its revenue from China.
Executives
Citigroup Inc. 2502 Approved lending agent
Schroders Plc 2102 Investment manager
Gic Private Limited 2102 Investment manager
Blackrock, Inc. 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2102 Investment manager
Schroders Plc 2102 Investment manager

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