Hangzhou Tigermed Consulting Co (Hangzhou Tigermed Consulting Co) Shiller PE Ratio : 38.18 (As of Jun. 19, 2024)

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What is Hangzhou Tigermed Consulting Co Shiller PE Ratio?

As of today (2024-06-19), Hangzhou Tigermed Consulting Co's current share price is $4.20. Hangzhou Tigermed Consulting Co's E10 for the quarter that ended in Mar. 2024 was $0.11. Hangzhou Tigermed Consulting Co's Shiller PE Ratio for today is 38.18.

The historical rank and industry rank for Hangzhou Tigermed Consulting Co's Shiller PE Ratio or its related term are showing as below:

HNGZY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 28.75 Med: 100.14 Max: 333.96
Current: 37.98

During the past years, Hangzhou Tigermed Consulting Co's highest Shiller PE Ratio was 333.96. The lowest was 28.75. And the median was 100.14.

HNGZY's Shiller PE Ratio is ranked worse than
68.75% of 80 companies
in the Medical Diagnostics & Research industry
Industry Median: 27.68 vs HNGZY: 37.98

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.

Hangzhou Tigermed Consulting Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.037. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Hangzhou Tigermed Consulting Co Shiller PE Ratio Historical Data

The historical data trend for Hangzhou Tigermed Consulting 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.

Hangzhou Tigermed Consulting Co Shiller PE Ratio Chart

Hangzhou Tigermed Consulting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

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283.12

142.75

92.88

40.98

Hangzhou Tigermed Consulting 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															80.41	50.62	49.86	40.98	38.84

Competitive Comparison of Hangzhou Tigermed Consulting Co's Shiller PE Ratio

For the Diagnostics & Research subindustry, Hangzhou Tigermed Consulting 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.

Hangzhou Tigermed Consulting Co's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Hangzhou Tigermed Consulting Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hangzhou Tigermed Consulting Co's Shiller PE Ratio falls into.

Hangzhou Tigermed Consulting 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.

Hangzhou Tigermed Consulting Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	4.20	/	0.11
	=	38.18

Hangzhou Tigermed Consulting Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Hangzhou Tigermed Consulting 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)
	=	0.037	/	115.2271	*	115.2271
	=	0.037

Current CPI (Mar. 2024) = 115.2271.

Hangzhou Tigermed Consulting Co Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201406	0.007	98.200	0.008
201409	0.008	98.900	0.009
201412	0.010	99.000	0.012
201503	0.010	99.900	0.012
201506	0.010	99.500	0.012
201509	0.008	100.500	0.009
201512	0.011	100.600	0.013
201603	0.009	102.200	0.010
201606	0.008	101.400	0.009
201609	0.005	102.400	0.006
201612	0.009	102.600	0.010
201703	0.009	103.200	0.010
201706	0.015	103.100	0.017
201709	0.016	104.100	0.018
201712	0.021	104.500	0.023
201803	0.020	105.300	0.022
201806	0.025	104.900	0.027
201809	0.029	106.600	0.031
201812	0.030	106.500	0.032
201903	0.029	107.700	0.031
201906	0.040	107.700	0.043
201909	0.033	109.800	0.035
201912	0.059	111.200	0.061
202003	0.048	112.300	0.049
202006	0.140	110.400	0.146
202009	0.057	111.700	0.059
202012	0.075	111.500	0.078
202103	0.080	112.662	0.082
202106	0.143	111.769	0.147
202109	0.093	112.215	0.095
202112	0.198	113.108	0.202
202203	0.095	114.335	0.096
202206	0.117	114.558	0.118
202209	0.068	115.339	0.068
202212	0.066	115.116	0.066
202303	0.096	115.116	0.096
202306	0.133	114.558	0.134
202309	0.077	115.339	0.077
202312	0.024	114.781	0.024
202403	0.037	115.227	0.037

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.

Hangzhou Tigermed Consulting Co (OTCPK:HNGZY) 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.

Hangzhou Tigermed Consulting Co Shiller PE Ratio Related Terms

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Hangzhou Tigermed Consulting Co (Hangzhou Tigermed Consulting Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Hangzhou Tigermed Consulting Co Ltd (OTCPK:HNGZY) » Definitions » Shiller PE Ratio

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Traded in Other Exchanges

03347:Hong Kong 300347:China

Address

Block 8, No. 19 Jugong Road, Room 2001-2010, 20th Floor, Xixing Sub-District, Binjiang District, Hangzhou, CHN, 310053

Website

https://www.tigermed.net

Hangzhou Tigermed Consulting Co Ltd is a China-based Contract Research Organization. The company's segment includes Clinical trial solutions and Clinical-related and laboratory services. It generates maximum revenue from the Clinical trial solutions segment. The company's offered services include bioanalytical, medical writing, biostatistics analysis, and medical imaging. The therapeutic areas of the company include Infections, Hematology, Cardiovascular, Endocrinology, Rheumatology, Nephrology, and Central Nervous System (CNS) among others.