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Anhui Expressway Co (SHSE:600012) Shiller PE Ratio : 17.43 (As of May. 05, 2024)


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What is Anhui Expressway Co Shiller PE Ratio?

As of today (2024-05-05), Anhui Expressway Co's current share price is ¥13.07. Anhui Expressway Co's E10 for the quarter that ended in Mar. 2024 was ¥0.75. Anhui Expressway Co's Shiller PE Ratio for today is 17.43.

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

SHSE:600012' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.46   Med: 10.98   Max: 35
Current: 17.47

During the past years, Anhui Expressway Co's highest Shiller PE Ratio was 35.00. The lowest was 7.46. And the median was 10.98.

SHSE:600012's Shiller PE Ratio is ranked worse than
53.74% of 988 companies
in the Construction industry
Industry Median: 15.775 vs SHSE:600012: 17.47

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.

Anhui Expressway Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.277. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Expressway Co Shiller PE Ratio Historical Data

The historical data trend for Anhui Expressway Co'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.

Anhui Expressway Co Shiller PE Ratio Chart

Anhui Expressway Co 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 9.36 9.92 10.74 10.41 14.92

Anhui Expressway Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.52 14.63 15.03 14.92 18.52

Competitive Comparison of Anhui Expressway Co's Shiller PE Ratio

For the Infrastructure Operations subindustry, Anhui Expressway Co'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.


Anhui Expressway Co's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Anhui Expressway Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Expressway Co's Shiller PE Ratio falls into.



Anhui Expressway Co 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.

Anhui Expressway Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.07/0.75
=17.43

* 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.

Anhui Expressway Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Anhui Expressway Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.277/114.6694*114.6694
=0.277

Current CPI (Mar. 2024) = 114.6694.

Anhui Expressway Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.108 98.200 0.126
201409 0.140 98.900 0.162
201412 0.115 99.000 0.133
201503 0.135 99.900 0.155
201506 0.149 99.500 0.172
201509 0.140 100.500 0.160
201512 0.142 100.600 0.162
201603 0.153 102.200 0.172
201606 0.137 101.400 0.155
201609 0.132 102.400 0.148
201612 0.140 102.600 0.156
201703 0.177 103.200 0.197
201706 0.139 103.100 0.155
201709 0.182 104.100 0.200
201712 0.160 104.500 0.176
201803 0.162 105.300 0.176
201806 0.173 104.900 0.189
201809 0.179 106.600 0.193
201812 0.164 106.500 0.177
201903 0.174 107.700 0.185
201906 0.156 107.700 0.166
201909 0.180 109.800 0.188
201912 0.152 111.200 0.157
202003 -0.016 112.300 -0.016
202006 0.082 110.400 0.085
202009 0.231 111.700 0.237
202012 0.234 111.500 0.241
202103 0.230 112.662 0.234
202106 0.231 111.769 0.237
202109 0.285 112.215 0.291
202112 0.167 113.108 0.169
202203 0.245 114.335 0.246
202206 0.157 114.558 0.157
202209 0.306 115.339 0.304
202212 0.164 115.116 0.163
202303 0.277 115.116 0.276
202306 0.229 114.558 0.229
202309 0.308 115.339 0.306
202312 0.186 114.669 0.186
202403 0.277 114.669 0.277

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.


Anhui Expressway Co  (SHSE:600012) 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.


Anhui Expressway Co Shiller PE Ratio Related Terms

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Anhui Expressway Co (SHSE:600012) Business Description

Traded in Other Exchanges
Address
No. 520, West Wangjiang Road, Anhui, Hefei, CHN, 230088
Anhui Expressway Co Ltd is engaged in the investment, construction, operation and management of toll roads within Anhui province. The Company acquires operating expressway assets through various means such as investment and construction, acquisition or cooperative operation. The Company provides toll service for vehicles, collects vehicles toll according to the charging standard and maintains, repairs and carries out safety maintenance for the operating expressways. All of the company's external revenue is derived from customers based in Mainland China.

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