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Asia Power (SGX:A03) Shiller PE Ratio : 16.00 (As of Jun. 17, 2024)


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What is Asia Power Shiller PE Ratio?

As of today (2024-06-17), Asia Power's current share price is S$0.16. Asia Power's E10 for the fiscal year that ended in Dec12 was S$0.01. Asia Power's Shiller PE Ratio for today is 16.00.

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

SGX:A03's Shiller PE Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 19.32
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Asia Power's adjusted earnings per share data of for the fiscal year that ended in Dec12 was S$-0.015. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$0.01 for the trailing ten years ended in Dec12.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Power Shiller PE Ratio Historical Data

The historical data trend for Asia Power'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.

Asia Power Shiller PE Ratio Chart

Asia Power Annual Data
Trend Jun03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.30

Asia Power Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 3.85 6.30 8.03 8.13 9.01

Competitive Comparison of Asia Power's Shiller PE Ratio

For the Utilities - Independent Power Producers subindustry, Asia Power'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.


Asia Power's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Asia Power's Shiller PE Ratio distribution charts can be found below:

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



Asia Power 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.

Asia Power's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.16/0.01
=16.00

* 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.

Asia Power's E10 for the fiscal year that ended in Dec12 is calculated as:

For example, Asia Power's adjusted earnings per share data for the fiscal year that ended in Dec12 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec12 (Change)*Current CPI (Dec12)
=-0.015/96.8711*96.8711
=-0.015

Current CPI (Dec12) = 96.8711.

Asia Power Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200306 0.008 77.505 0.010
200412 0.017 80.290 0.021
200512 0.029 83.032 0.034
200612 0.055 85.142 0.063
200712 0.034 88.616 0.037
200812 0.020 88.697 0.022
200912 0.020 91.111 0.021
201012 0.041 92.474 0.043
201112 0.004 95.213 0.004
201212 -0.015 96.871 -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.


Asia Power  (SGX:A03) 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.


Asia Power Shiller PE Ratio Related Terms

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Asia Power (SGX:A03) Business Description

Traded in Other Exchanges
N/A
Address
Asia Power Corporation Limited is incorporated in Singapore. The Company is engaged in the business of ownership, management and operation of power plants in China. The Company operates under the following segments: Power plant operations which include owning, managing and operating power plants to generate and sell power, heat and steam; Power-related technology which includes design, manufacture and assembly of computerized automation systems which are used for the regulation of electricity flow and protection of power grids; Investment holding and others which include Holding of long-term investments and provision of power related business consultancy and management services.

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