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Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Shiller PE Ratio : 20.54 (As of May. 01, 2024)


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What is Shandong Hualu-hengsheng Chemical Co Shiller PE Ratio?

As of today (2024-05-01), Shandong Hualu-hengsheng Chemical Co's current share price is ¥29.79. Shandong Hualu-hengsheng Chemical Co's E10 for the quarter that ended in Mar. 2024 was ¥1.45. Shandong Hualu-hengsheng Chemical Co's Shiller PE Ratio for today is 20.54.

The historical rank and industry rank for Shandong Hualu-hengsheng Chemical Co's Shiller PE Ratio or its related term are showing as below:

SHSE:600426' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.94   Med: 24.2   Max: 59.46
Current: 20.55

During the past years, Shandong Hualu-hengsheng Chemical Co's highest Shiller PE Ratio was 59.46. The lowest was 11.94. And the median was 24.20.

SHSE:600426's Shiller PE Ratio is ranked worse than
52.84% of 1039 companies
in the Chemicals industry
Industry Median: 19.19 vs SHSE:600426: 20.55

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.

Shandong Hualu-hengsheng Chemical Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.502. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥1.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Hualu-hengsheng Chemical Co Shiller PE Ratio Historical Data

The historical data trend for Shandong Hualu-hengsheng Chemical 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.

Shandong Hualu-hengsheng Chemical Co Shiller PE Ratio Chart

Shandong Hualu-hengsheng Chemical 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 27.37 45.78 31.82 26.05 19.59

Shandong Hualu-hengsheng Chemical 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 27.04 22.93 23.01 19.59 18.07

Competitive Comparison of Shandong Hualu-hengsheng Chemical Co's Shiller PE Ratio

For the Chemicals subindustry, Shandong Hualu-hengsheng Chemical 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.


Shandong Hualu-hengsheng Chemical Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Hualu-hengsheng Chemical Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Hualu-hengsheng Chemical Co's Shiller PE Ratio falls into.



Shandong Hualu-hengsheng Chemical 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.

Shandong Hualu-hengsheng Chemical Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=29.79/1.45
=20.54

* 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.

Shandong Hualu-hengsheng Chemical Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Shandong Hualu-hengsheng Chemical 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)
=0.502/114.6694*114.6694
=0.502

Current CPI (Mar. 2024) = 114.6694.

Shandong Hualu-hengsheng Chemical Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.103 98.200 0.120
201409 0.100 98.900 0.116
201412 0.087 99.000 0.101
201503 0.117 99.900 0.134
201506 0.133 99.500 0.153
201509 0.116 100.500 0.132
201512 0.065 100.600 0.074
201603 0.105 102.200 0.118
201606 0.127 101.400 0.144
201609 0.074 102.400 0.083
201612 0.109 102.600 0.122
201703 0.149 103.200 0.166
201706 0.110 103.100 0.122
201709 0.143 104.100 0.158
201712 0.178 104.500 0.195
201803 0.347 105.300 0.378
201806 0.451 104.900 0.493
201809 0.405 106.600 0.436
201812 0.231 106.500 0.249
201903 0.304 107.700 0.324
201906 0.315 107.700 0.335
201909 0.285 109.800 0.298
201912 0.255 111.200 0.263
202003 0.203 112.300 0.207
202006 0.225 110.400 0.234
202009 0.182 111.700 0.187
202012 0.240 111.500 0.247
202103 0.969 112.662 0.986
202106 1.052 111.769 1.079
202109 0.853 112.215 0.872
202112 0.792 113.108 0.803
202203 1.150 114.335 1.153
202206 0.978 114.558 0.979
202209 0.482 115.339 0.479
202212 0.355 115.116 0.354
202303 0.368 115.116 0.367
202306 0.437 114.558 0.437
202309 0.574 115.339 0.571
202312 0.310 114.669 0.310
202403 0.502 114.669 0.502

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.


Shandong Hualu-hengsheng Chemical Co  (SHSE:600426) 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.


Shandong Hualu-hengsheng Chemical Co Shiller PE Ratio Related Terms

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Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Business Description

Traded in Other Exchanges
N/A
Address
Number 24 Tianqu West Road, Decheng District, Shandong, Dezhou, CHN, 253024
Shandong Hualu-hengsheng Chemical Co Ltd manufactures and sells chemical materials and chemical fertilizers worldwide. The company offers chemical fertilizers, such as compound fertilizers, urea, ammonium bicarbonate, ammonium sulfate, and liquid fertilizers; DMF and organic amine products, including DMF, monomethylamine, dimethylamine, and trimethylamine; and acetic acid and acetic anhydride. It also provides new chemical materials comprising ethylene glycol, adipic acid, cyclohexanone, butyl alcohol, butanal, octyl alcohol, and melamine; basic chemicals that include nitric acid, methanol, liquid ammonia, and sulfur; and industrial gases, such as liquid oxygen, nitrogen, and argon.

Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Headlines

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