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Hulamin (JSE:HLM) Shiller PE Ratio : 67.17 (As of Jun. 21, 2024)


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What is Hulamin Shiller PE Ratio?

As of today (2024-06-21), Hulamin's current share price is R4.03. Hulamin's E10 for the fiscal year that ended in Dec23 was R0.06. Hulamin's Shiller PE Ratio for today is 67.17.

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

JSE:HLM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.4   Med: 37.5   Max: 65.43
Current: 65.43

During the past 13 years, Hulamin's highest Shiller PE Ratio was 65.43. The lowest was 20.40. And the median was 37.50.

JSE:HLM's Shiller PE Ratio is ranked worse than
84.33% of 1768 companies
in the Industrial Products industry
Industry Median: 24.7 vs JSE:HLM: 65.43

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.

Hulamin's adjusted earnings per share data of for the fiscal year that ended in Dec23 was R0.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R0.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hulamin Shiller PE Ratio Historical Data

The historical data trend for Hulamin'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.

Hulamin Shiller PE Ratio Chart

Hulamin 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 - - - - 50.46

Hulamin 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 - - - - 50.46

Competitive Comparison of Hulamin's Shiller PE Ratio

For the Metal Fabrication subindustry, Hulamin'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.


Hulamin's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hulamin's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hulamin's Shiller PE Ratio falls into.



Hulamin 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.

Hulamin's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.03/0.06
=67.17

* 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.

Hulamin's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Hulamin'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)
=0.83/152.7175*152.7175
=0.830

Current CPI (Dec23) = 152.7175.

Hulamin Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.180 96.794 1.862
201512 0.500 101.808 0.750
201612 1.170 109.002 1.639
201712 0.920 113.907 1.233
201812 -2.420 118.921 -3.108
201912 -3.800 123.717 -4.691
202012 -0.780 127.467 -0.935
202112 1.800 135.029 2.036
202212 0.910 145.156 0.957
202312 0.830 152.718 0.830

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.


Hulamin  (JSE:HLM) 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.


Hulamin Shiller PE Ratio Related Terms

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Hulamin (JSE:HLM) Business Description

Traded in Other Exchanges
N/A
Address
Moses Mabhida Road, P.O. Box 74, Pietermaritzburg, NL, ZAF, 3200
Hulamin Ltd manufactures and markets rolled and extruded aluminum products. The group is organized into two major operating divisions, namely Hulamin Rolled Products, and Hulamin Extrusions. Its Hulamin Rolled Product segment is a key revenue driver, comprises Rolled Products and Containers businesses, manufactures and supplies fabricated and rolled semi-finished aluminum products. The Hulamin Extrusions segment manufactures and supplies extruded aluminum products. Its geographic segments of the group are South Africa, North America, Europe, Asia, Middle East, Australasia, South America, and the Rest of Africa, of which key revenue is generated from South Africa. The company serves the market of Automotive and transport; Building and construction; General engineering and Packaging.

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