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JOYY (MEX:YY) Shiller PE Ratio : 6.65 (As of Jan. 18, 2025)


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What is JOYY Shiller PE Ratio?

As of today (2025-01-18), JOYY's current share price is MXN900.00. JOYY's E10 for the quarter that ended in Sep. 2024 was MXN135.44. JOYY's Shiller PE Ratio for today is 6.65.

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

MEX:YY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.85   Med: 5.8   Max: 21.01
Current: 5.8

During the past years, JOYY's highest Shiller PE Ratio was 21.01. The lowest was 3.85. And the median was 5.80.

MEX:YY's Shiller PE Ratio is ranked better than
96.5% of 143 companies
in the Interactive Media industry
Industry Median: 24.93 vs MEX:YY: 5.80

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.

JOYY's adjusted earnings per share data for the three months ended in Sep. 2024 was MXN20.675. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN135.44 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JOYY Shiller PE Ratio Historical Data

The historical data trend for JOYY'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.

JOYY Shiller PE Ratio Chart

JOYY 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 - - 9.33 5.98 5.52

JOYY Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.57 5.52 4.20 4.08 4.90

Competitive Comparison of JOYY's Shiller PE Ratio

For the Internet Content & Information subindustry, JOYY'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.


JOYY's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, JOYY's Shiller PE Ratio distribution charts can be found below:

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



JOYY 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.

JOYY's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=900.00/135.44
=6.65

* 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.

JOYY's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, JOYY's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=20.675/133.0289*133.0289
=20.675

Current CPI (Sep. 2024) = 133.0289.

JOYY Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 14.624 99.070 19.637
201503 9.405 99.621 12.559
201506 12.882 100.684 17.020
201509 7.301 100.392 9.675
201512 16.528 99.792 22.033
201603 9.716 100.470 12.865
201606 23.793 101.688 31.126
201609 20.000 101.861 26.120
201612 28.919 101.863 37.767
201703 24.867 102.862 32.160
201706 26.580 103.349 34.213
201709 28.616 104.136 36.556
201712 34.684 104.011 44.360
201803 19.650 105.290 24.827
201806 -6.344 106.317 -7.938
201809 27.308 106.507 34.108
201812 30.085 105.998 37.757
201903 128.815 107.251 159.777
201906 0.893 108.070 1.099
201909 3.215 108.329 3.948
201912 5.175 108.420 6.350
202003 15.241 108.902 18.618
202006 285.526 108.767 349.215
202009 82.620 109.815 100.085
202012 -0.995 109.897 -1.204
202103 -13.900 111.754 -16.546
202106 -28.466 114.631 -33.035
202109 1.439 115.734 1.654
202112 17.437 117.630 19.720
202203 -8.164 121.301 -8.953
202206 4.627 125.017 4.924
202209 126.322 125.227 134.193
202212 -104.888 125.222 -111.427
202303 6.309 127.348 6.590
202306 34.631 128.729 35.788
202309 32.399 129.860 33.190
202312 251.219 129.419 258.225
202403 11.451 131.776 11.560
202406 15.206 132.554 15.261
202409 20.675 133.029 20.675

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.


JOYY  (MEX:YY) 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.


JOYY Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of JOYY's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


JOYY Business Description

Traded in Other Exchanges
Address
30 Pasir Panjang Road, No. 15-31A, Mapletree Business City, Singapore, SGP, 117440
JOYY Inc is a global technology company offering comprehensive innovation capabilities. The company enables users to interact with others in real time. The group is actively exploring and expanding its global commerce Software-as-a-Service and solutions business. JOYY emphasizes technological innovation and is recognized in the industry for its significant number of patent applications and licenses.