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Harbin Air Conditioning Co (SHSE:600202) Shiller PE Ratio : (As of Apr. 13, 2025)


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What is Harbin Air Conditioning Co Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Harbin Air Conditioning Co Shiller PE Ratio Historical Data

The historical data trend for Harbin Air Conditioning 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.

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Harbin Air Conditioning Co Shiller PE Ratio Chart

Harbin Air Conditioning Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Harbin Air Conditioning Co 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 - - 1,128.38 1,510.27 -

Competitive Comparison of Harbin Air Conditioning Co's Shiller PE Ratio

For the Building Products & Equipment subindustry, Harbin Air Conditioning 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.


Harbin Air Conditioning Co's Shiller PE Ratio Distribution in the Construction Industry

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

* The bar in red indicates where Harbin Air Conditioning Co's Shiller PE Ratio falls into.


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Harbin Air Conditioning 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.

Harbin Air Conditioning Co's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Harbin Air Conditioning Co'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)
=-0.02/115.7848*115.7848
=-0.020

Current CPI (Sep. 2024) = 115.7848.

Harbin Air Conditioning Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.045 99.000 0.053
201503 0.003 99.900 0.003
201506 0.002 99.500 0.002
201509 -0.070 100.500 -0.081
201512 0.101 100.600 0.116
201603 -0.068 102.200 -0.077
201606 -0.051 101.400 -0.058
201609 -0.096 102.400 -0.109
201612 -0.258 102.600 -0.291
201703 -0.065 103.200 -0.073
201706 -0.022 103.100 -0.025
201709 -0.019 104.100 -0.021
201712 -0.122 104.500 -0.135
201803 -0.041 105.300 -0.045
201806 0.055 104.900 0.061
201809 0.013 106.600 0.014
201812 0.026 106.500 0.028
201903 0.022 107.700 0.024
201906 0.059 107.700 0.063
201909 0.025 109.800 0.026
201912 0.026 111.200 0.027
202003 0.014 112.300 0.014
202006 0.051 110.400 0.053
202009 0.019 111.700 0.020
202012 0.048 111.500 0.050
202103 0.015 112.662 0.015
202106 0.153 111.769 0.158
202109 -0.026 112.215 -0.027
202112 0.030 113.108 0.031
202203 0.015 114.335 0.015
202206 -0.003 114.558 -0.003
202209 0.081 115.339 0.081
202212 0.005 115.116 0.005
202303 0.018 115.116 0.018
202306 0.023 114.558 0.023
202309 0.021 115.339 0.021
202312 -0.006 114.781 -0.006
202403 0.016 115.227 0.016
202406 0.007 114.781 0.007
202409 -0.020 115.785 -0.020

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.


Harbin Air Conditioning Co  (SHSE:600202) 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.


Harbin Air Conditioning Co Shiller PE Ratio Related Terms

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Harbin Air Conditioning Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Dianchi Street, Yingbin Road, High-tech Development Zone, Heilongjiang Province, Harbin, Heilongjiang, CHN, 150078
Harbin Air Conditioning Co Ltd in China is engaged in the designing and manufacturing of energy saving and environmentally-friendly products such as petrochemical air cooling condensers, power plant air coolers, and air conditioning HVAC equipment. Its products are widely used in petrochemical, power energy, steel and metallurgical industries.
Executives
Liu Mei Juan senior management
Song Zhi Qiang Director
Chen Meng Supervisors
Zhang Hong Bi Supervisors

Harbin Air Conditioning Co Headlines

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