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Jihua Group (SHSE:601718) Shiller PE Ratio : 35.22 (As of Dec. 14, 2024)


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What is Jihua Group Shiller PE Ratio?

As of today (2024-12-14), Jihua Group's current share price is ¥3.17. Jihua Group's E10 for the quarter that ended in Sep. 2024 was ¥0.09. Jihua Group's Shiller PE Ratio for today is 35.22.

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

SHSE:601718' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.35   Med: 19   Max: 36.11
Current: 35.22

During the past years, Jihua Group's highest Shiller PE Ratio was 36.11. The lowest was 13.35. And the median was 19.00.

SHSE:601718's Shiller PE Ratio is ranked worse than
70.15% of 881 companies
in the Chemicals industry
Industry Median: 21.27 vs SHSE:601718: 35.22

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.

Jihua Group's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥-0.006. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.09 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jihua Group Shiller PE Ratio Historical Data

The historical data trend for Jihua Group'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.

Jihua Group Shiller PE Ratio Chart

Jihua Group 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 14.54 16.47 18.31 20.30 24.35

Jihua Group 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 23.07 24.35 26.08 24.93 30.34

Competitive Comparison of Jihua Group's Shiller PE Ratio

For the Specialty Chemicals subindustry, Jihua Group'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.


Jihua Group's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jihua Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jihua Group's Shiller PE Ratio falls into.



Jihua Group 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.

Jihua Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.17/0.09
=35.22

* 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.

Jihua Group's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Jihua Group'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)
=-0.006/115.7848*115.7848
=-0.006

Current CPI (Sep. 2024) = 115.7848.

Jihua Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.120 99.000 0.140
201503 0.050 99.900 0.058
201506 0.180 99.500 0.209
201509 0.040 100.500 0.046
201512 0.030 100.600 0.035
201603 0.050 102.200 0.057
201606 0.090 101.400 0.103
201609 0.060 102.400 0.068
201612 0.120 102.600 0.135
201703 0.070 103.200 0.079
201706 0.060 103.100 0.067
201709 0.003 104.100 0.003
201712 0.050 104.500 0.055
201803 0.040 105.300 0.044
201806 0.019 104.900 0.021
201809 -0.020 106.600 -0.022
201812 -0.054 106.500 -0.059
201903 0.004 107.700 0.004
201906 0.000 107.700 0.000
201909 0.010 109.800 0.011
201912 0.004 111.200 0.004
202003 0.006 112.300 0.006
202006 -0.004 110.400 -0.004
202009 0.010 111.700 0.010
202012 -0.183 111.500 -0.190
202103 0.003 112.662 0.003
202106 0.005 111.769 0.005
202109 -0.006 112.215 -0.006
202112 -0.038 113.108 -0.039
202203 0.024 114.335 0.024
202206 0.015 114.558 0.015
202209 0.001 115.339 0.001
202212 0.010 115.116 0.010
202303 0.005 115.116 0.005
202306 0.010 114.558 0.010
202309 0.010 115.339 0.010
202312 0.015 114.781 0.015
202403 -0.006 115.227 -0.006
202406 0.002 114.781 0.002
202409 -0.006 115.785 -0.006

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.


Jihua Group  (SHSE:601718) 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.


Jihua Group Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Jihua Group's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Jihua Group Business Description

Traded in Other Exchanges
N/A
Address
Hongshan Farm, Xiaoshan, Hangzhou, CHN
Jihua Group Corp Ltd is a China-based company engaged in the business of formal wear, textile printing and dyeing, professional footwear and protective equipment, ferroalloys, and medicines.
Executives
Xia Qian Jun Director
Ceng Wei Liang senior management
Han Yue Fen senior management
Qiu Wei Bing Director
Wang Ming Zeng senior management
Liu Gai Ping senior management
Liu Zhang Cheng senior management
Duan Yin Hai Directors, senior managers
He Hua Sheng senior management
Rong San You senior management
Zhou Zhang Sheng senior management
Yuan Hai Li Director
Wang Xing Zhi Director
Chen Xiang Dong Director
Li Chuan Wei senior management

Jihua Group Headlines

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