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China Tourism Group Duty Free (SHSE:601888) Shiller PE Ratio : 25.56 (As of Mar. 30, 2025)


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What is China Tourism Group Duty Free Shiller PE Ratio?

As of today (2025-03-30), China Tourism Group Duty Free's current share price is ¥61.61. China Tourism Group Duty Free's E10 for the quarter that ended in Sep. 2024 was ¥2.41. China Tourism Group Duty Free's Shiller PE Ratio for today is 25.56.

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

SHSE:601888' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.82   Med: 84.48   Max: 287.3
Current: 25.54

During the past years, China Tourism Group Duty Free's highest Shiller PE Ratio was 287.30. The lowest was 22.82. And the median was 84.48.

SHSE:601888's Shiller PE Ratio is ranked worse than
67.41% of 540 companies
in the Retail - Cyclical industry
Industry Median: 17.06 vs SHSE:601888: 25.54

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.

China Tourism Group Duty Free's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.308. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥2.41 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Tourism Group Duty Free Shiller PE Ratio Historical Data

The historical data trend for China Tourism Group Duty Free'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.

China Tourism Group Duty Free Shiller PE Ratio Chart

China Tourism Group Duty Free 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 83.40 208.59 120.34 105.91 36.80

China Tourism Group Duty Free 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 47.70 36.80 36.16 26.24 32.00

Competitive Comparison of China Tourism Group Duty Free's Shiller PE Ratio

For the Specialty Retail subindustry, China Tourism Group Duty Free'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.


China Tourism Group Duty Free's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's Shiller PE Ratio falls into.


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China Tourism Group Duty Free 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.

China Tourism Group Duty Free's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=61.61/2.41
=25.56

* 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.

China Tourism Group Duty Free's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, China Tourism Group Duty Free'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)
=0.308/115.7848*115.7848
=0.308

Current CPI (Sep. 2024) = 115.7848.

China Tourism Group Duty Free Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.142 99.000 0.166
201503 0.331 99.900 0.384
201506 0.190 99.500 0.221
201509 0.155 100.500 0.179
201512 0.095 100.600 0.109
201603 0.357 102.200 0.404
201606 0.210 101.400 0.240
201609 0.363 102.400 0.410
201612 0.178 102.600 0.201
201703 0.368 103.200 0.413
201706 0.298 103.100 0.335
201709 0.311 104.100 0.346
201712 0.319 104.500 0.353
201803 0.594 105.300 0.653
201806 0.389 104.900 0.429
201809 0.403 106.600 0.438
201812 0.200 106.500 0.217
201903 1.181 107.700 1.270
201906 0.505 107.700 0.543
201909 0.473 109.800 0.499
201912 0.214 111.200 0.223
202003 -0.011 112.300 -0.011
202006 0.488 110.400 0.512
202009 1.144 111.700 1.186
202012 1.524 111.500 1.583
202103 1.459 112.662 1.499
202106 1.285 111.769 1.331
202109 1.604 112.215 1.655
202112 0.597 113.108 0.611
202203 1.313 114.335 1.330
202206 0.704 114.558 0.712
202209 0.340 115.339 0.341
202212 0.171 115.116 0.172
202303 1.112 115.116 1.118
202306 0.756 114.558 0.764
202309 0.648 115.339 0.651
202312 0.729 114.781 0.735
202403 1.115 115.227 1.120
202406 0.472 114.781 0.476
202409 0.308 115.785 0.308

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.


China Tourism Group Duty Free  (SHSE:601888) 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.


China Tourism Group Duty Free Shiller PE Ratio Related Terms

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China Tourism Group Duty Free Business Description

Traded in Other Exchanges
Address
No. 2A, Dongzhimenwai Street, 8th Floor, Building A, Dongcheng District, Beijing, CHN, 100027
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2023 with revenue of CNY 67.5 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 30 provinces in China, as well as overseas. The company also operates a duty-paid business and its 2023 revenue mix comprised 66% duty-free sales and 34% duty-paid sales and others. CTG Duty Free is 50.3% owned by China Tourism Group, a state-owned enterprise that falls directly under the state-owned Asset Supervision and Administration Commission of the State Council.

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