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Apex Ace Holding (HKSE:06036) Shiller PE Ratio : 44.50 (As of May. 22, 2024)


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What is Apex Ace Holding Shiller PE Ratio?

As of today (2024-05-22), Apex Ace Holding's current share price is HK$0.445. Apex Ace Holding's E10 for the fiscal year that ended in Dec23 was HK$0.01. Apex Ace Holding's Shiller PE Ratio for today is 44.50.

The historical rank and industry rank for Apex Ace Holding's Shiller PE Ratio or its related term are showing as below:

HKSE:06036' s Shiller PE Ratio Range Over the Past 10 Years
Min: 41   Med: 44   Max: 50.17
Current: 44.5

During the past 10 years, Apex Ace Holding's highest Shiller PE Ratio was 50.17. The lowest was 41.00. And the median was 44.00.

HKSE:06036's Shiller PE Ratio is ranked worse than
74.89% of 1386 companies
in the Hardware industry
Industry Median: 24.44 vs HKSE:06036: 44.50

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.

Apex Ace Holding's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$-0.015. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.01 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Ace Holding Shiller PE Ratio Historical Data

The historical data trend for Apex Ace Holding'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.

Apex Ace Holding Shiller PE Ratio Chart

Apex Ace Holding 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 - - - - 48.46

Apex Ace Holding Semi-Annual Data
Dec14 Dec15 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 - - - - 48.46

Competitive Comparison of Apex Ace Holding's Shiller PE Ratio

For the Electronics & Computer Distribution subindustry, Apex Ace Holding'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.


Apex Ace Holding's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apex Ace Holding's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Apex Ace Holding's Shiller PE Ratio falls into.



Apex Ace Holding 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.

Apex Ace Holding's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.445/0.01
=44.50

* 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.

Apex Ace Holding's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Apex Ace Holding'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)
=-0.015/114.7809*114.7809
=-0.015

Current CPI (Dec23) = 114.7809.

Apex Ace Holding Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.011 99.000 0.013
201512 0.024 100.600 0.027
201612 0.040 102.600 0.045
201712 0.035 104.500 0.038
201812 0.024 106.500 0.026
201912 -0.017 111.200 -0.018
202012 -0.005 111.500 -0.005
202112 0.007 113.108 0.007
202212 -0.031 115.116 -0.031
202312 -0.015 114.781 -0.015

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.


Apex Ace Holding  (HKSE:06036) 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.


Apex Ace Holding Shiller PE Ratio Related Terms

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Apex Ace Holding (HKSE:06036) Business Description

Traded in Other Exchanges
N/A
Address
6011 Shennan Avenue, 26K, NEO Tower A, Futian District, Shenzhen, CHN
Apex Ace Holding Ltd is a distributor of semiconductors and other electronic components and is engaged in the supply of digital storage products and general electronic components along with the provision of complementary technical support. It focuses on identifying, sourcing, selling and distributing electronic components produced by upstream manufacturers to downstream manufacturers in the PRC and Hong Kong. Its Digital Storage products include DRAM, FLASH and MCP memory products, which are applied to multimedia and mobile devices such as set-top boxes, smart TVs, wearable devices, mobile phones. Its General components include switches, connectors, passive components, main chips, sensors, power semiconductors and analog-to-digital converters.

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