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NNAX (New Momentum) Shiller PE Ratio : (As of Oct. 31, 2024)


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What is New Momentum Shiller PE Ratio?

New Momentum does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate Shiller PE Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Momentum Shiller PE Ratio Historical Data

The historical data trend for New Momentum'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.

New Momentum Shiller PE Ratio Chart

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New Momentum Quarterly Data
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Competitive Comparison of New Momentum's Shiller PE Ratio

For the Travel Services subindustry, New Momentum'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.


New Momentum's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, New Momentum's Shiller PE Ratio distribution charts can be found below:

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



New Momentum 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.

New Momentum does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate Shiller PE Ratio for this company.


New Momentum  (OTCPK:NNAX) 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.


New Momentum Shiller PE Ratio Related Terms

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New Momentum Business Description

Traded in Other Exchanges
N/A
Address
150 Cecil Street, No.08-01, Singapore, SGP, 069543
New Momentum Corp develops and operates an online ticketing platform named Gagfare.com, which provides a ticketing system for individuals and agencies to search, book, and issue flight tickets and other services. It also offers its services through its app. The company records its revenue from booking income upon the ticket booking service is rendered to travelers. It also records its revenue from the sale of air tickets upon the confirmation and issuance of tickets to the travelers.
Executives
Leung Tin Lung David director, 10 percent owner, officer: President, Sec. and Treasurer 112 NORTH CURRY STREET, CARSON CITY NV 89703
Kin Hon Chu director, 10 percent owner UNIT 19, 35/F., TOWER 1, MILLENNIUM CITY 1, NO. 388 KWUN TONG ROA, KWUN TONG, KOWLOON K3 00000
Michael Vardakis director 234 7TH AVE, SALT LAKE CITY UT 84103
Amee Han Lombardi director, 10 percent owner, officer: Pres; Sec; Treasurer 5925 STARCREST AVENUE, RENO NV 89523

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