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Hotung Investment Holdings (SGX:BLS) Shiller PE Ratio : 8.50 (As of May. 08, 2024)


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What is Hotung Investment Holdings Shiller PE Ratio?

As of today (2024-05-08), Hotung Investment Holdings's current share price is S$1.53. Hotung Investment Holdings's E10 for the fiscal year that ended in Dec23 was S$0.18. Hotung Investment Holdings's Shiller PE Ratio for today is 8.50.

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

SGX:BLS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.89   Med: 11.69   Max: 37.75
Current: 8.55

During the past 13 years, Hotung Investment Holdings's highest Shiller PE Ratio was 37.75. The lowest was 7.89. And the median was 11.69.

SGX:BLS's Shiller PE Ratio is ranked better than
78.61% of 762 companies
in the Asset Management industry
Industry Median: 12.86 vs SGX:BLS: 8.55

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.

Hotung Investment Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was S$0.043. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$0.18 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hotung Investment Holdings Shiller PE Ratio Historical Data

The historical data trend for Hotung Investment Holdings'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.

Hotung Investment Holdings Shiller PE Ratio Chart

Hotung Investment Holdings 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 11.67 10.28 11.31 9.02 8.55

Hotung Investment Holdings 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 11.31 - 9.02 - 8.55

Competitive Comparison of Hotung Investment Holdings's Shiller PE Ratio

For the Asset Management subindustry, Hotung Investment Holdings'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.


Hotung Investment Holdings's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hotung Investment Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hotung Investment Holdings's Shiller PE Ratio falls into.



Hotung Investment Holdings 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.

Hotung Investment Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.53/0.18
=8.50

* 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.

Hotung Investment Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Hotung Investment Holdings'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)
=0.043/129.4194*129.4194
=0.043

Current CPI (Dec23) = 129.4194.

Hotung Investment Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.108 99.070 0.141
201512 0.180 99.792 0.233
201612 0.144 101.863 0.183
201712 0.160 104.011 0.199
201812 0.125 105.998 0.153
201912 0.143 108.420 0.171
202012 0.256 109.897 0.301
202112 0.320 117.630 0.352
202212 0.023 125.222 0.024
202312 0.043 129.419 0.043

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.


Hotung Investment Holdings  (SGX:BLS) 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.


Hotung Investment Holdings Shiller PE Ratio Related Terms

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Hotung Investment Holdings (SGX:BLS) Business Description

Traded in Other Exchanges
N/A
Address
261, Sung-Chiang Road, 10th Floor, Taipei, TWN
Hotung Investment Holdings Ltd is a venture capital investment company. It focuses on start-up and expansion-stage companies mainly located in Taiwan, China, and Silicon Valley. The company operates through two segments namely Investment and Fund management. Its Investment segment derives majority revenue converges on achieving capital appreciation by investing in a balanced and diversified portfolio. The Fund management segment is involved in providing investment consultancy and advisory services to entities within the group.

Hotung Investment Holdings (SGX:BLS) Headlines

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