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Fortune Ng Fung Food (hebei) Co (SHSE:600965) Shiller PE Ratio : 25.32 (As of May. 08, 2024)


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What is Fortune Ng Fung Food (hebei) Co Shiller PE Ratio?

As of today (2024-05-08), Fortune Ng Fung Food (hebei) Co's current share price is ¥4.81. Fortune Ng Fung Food (hebei) Co's E10 for the quarter that ended in Mar. 2024 was ¥0.19. Fortune Ng Fung Food (hebei) Co's Shiller PE Ratio for today is 25.32.

The historical rank and industry rank for Fortune Ng Fung Food (hebei) Co's Shiller PE Ratio or its related term are showing as below:

SHSE:600965' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.65   Med: 70.67   Max: 252.38
Current: 25.32

During the past years, Fortune Ng Fung Food (hebei) Co's highest Shiller PE Ratio was 252.38. The lowest was 21.65. And the median was 70.67.

SHSE:600965's Shiller PE Ratio is ranked worse than
64.35% of 1077 companies
in the Consumer Packaged Goods industry
Industry Median: 19.03 vs SHSE:600965: 25.32

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.

Fortune Ng Fung Food (hebei) Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.028. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Ng Fung Food (hebei) Co Shiller PE Ratio Historical Data

The historical data trend for Fortune Ng Fung Food (hebei) 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.

Fortune Ng Fung Food (hebei) Co Shiller PE Ratio Chart

Fortune Ng Fung Food (hebei) 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 41.13 29.13 30.76 39.71 32.10

Fortune Ng Fung Food (hebei) 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 34.62 30.42 29.73 32.10 27.13

Competitive Comparison of Fortune Ng Fung Food (hebei) Co's Shiller PE Ratio

For the Packaged Foods subindustry, Fortune Ng Fung Food (hebei) 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.


Fortune Ng Fung Food (hebei) Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fortune Ng Fung Food (hebei) Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fortune Ng Fung Food (hebei) Co's Shiller PE Ratio falls into.



Fortune Ng Fung Food (hebei) 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.

Fortune Ng Fung Food (hebei) Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.81/0.19
=25.32

* 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.

Fortune Ng Fung Food (hebei) Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Fortune Ng Fung Food (hebei) 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)
=0.028/114.6694*114.6694
=0.028

Current CPI (Mar. 2024) = 114.6694.

Fortune Ng Fung Food (hebei) Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.026 98.200 0.030
201409 0.051 98.900 0.059
201412 0.059 99.000 0.068
201503 0.050 99.900 0.057
201506 0.060 99.500 0.069
201509 0.058 100.500 0.066
201512 0.030 100.600 0.034
201603 0.050 102.200 0.056
201606 0.050 101.400 0.057
201609 0.076 102.400 0.085
201612 0.050 102.600 0.056
201703 0.030 103.200 0.033
201706 0.050 103.100 0.056
201709 0.066 104.100 0.073
201712 0.040 104.500 0.044
201803 0.040 105.300 0.044
201806 0.060 104.900 0.066
201809 0.072 106.600 0.077
201812 0.020 106.500 0.022
201903 0.050 107.700 0.053
201906 0.056 107.700 0.060
201909 0.090 109.800 0.094
201912 0.060 111.200 0.062
202003 0.022 112.300 0.022
202006 0.033 110.400 0.034
202009 0.052 111.700 0.053
202012 0.041 111.500 0.042
202103 0.040 112.662 0.041
202106 0.081 111.769 0.083
202109 0.060 112.215 0.061
202112 0.003 113.108 0.003
202203 0.063 114.335 0.063
202206 0.037 114.558 0.037
202209 0.063 115.339 0.063
202212 -0.029 115.116 -0.029
202303 0.072 115.116 0.072
202306 0.041 114.558 0.041
202309 0.053 115.339 0.053
202312 -0.046 114.669 -0.046
202403 0.028 114.669 0.028

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.


Fortune Ng Fung Food (hebei) Co  (SHSE:600965) 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.


Fortune Ng Fung Food (hebei) Co Shiller PE Ratio Related Terms

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Fortune Ng Fung Food (hebei) Co (SHSE:600965) Business Description

Traded in Other Exchanges
N/A
Address
Yanjiao Economic and Technology Development Zone, Hebei Province, Sanhe, CHN, 065201
Fortune Ng Fung Food (hebei) Co Ltd is engaged in the cattle breeding and dairy farming businesses in China. It is primarily involved in beef cattle breeding, dairy farming, beef cattle slaughter and processing, milk production, food chain, feed production and organic fertilizer production. The company's main products are live cattle, beef, lamb, meat products, dairy cows, dairy products, fast food, hot pot chain and so on. Geographically the business activities are carried out through China.

Fortune Ng Fung Food (hebei) Co (SHSE:600965) Headlines

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