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Zhejiang Dingli Machinery Co (SHSE:603338) Shiller PE Ratio : 38.47 (As of Dec. 15, 2024)


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What is Zhejiang Dingli Machinery Co Shiller PE Ratio?

As of today (2024-12-15), Zhejiang Dingli Machinery Co's current share price is ¥63.86. Zhejiang Dingli Machinery Co's E10 for the quarter that ended in Sep. 2024 was ¥1.66. Zhejiang Dingli Machinery Co's Shiller PE Ratio for today is 38.47.

The historical rank and industry rank for Zhejiang Dingli Machinery Co's Shiller PE Ratio or its related term are showing as below:

SHSE:603338' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.17   Med: 38.99   Max: 49.8
Current: 38.47

During the past years, Zhejiang Dingli Machinery Co's highest Shiller PE Ratio was 49.80. The lowest was 29.17. And the median was 38.99.

SHSE:603338's Shiller PE Ratio is ranked worse than
75.19% of 129 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 22.17 vs SHSE:603338: 38.47

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.

Zhejiang Dingli Machinery Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥1.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥1.66 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Dingli Machinery Co Shiller PE Ratio Historical Data

The historical data trend for Zhejiang Dingli Machinery 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.

Zhejiang Dingli Machinery Co Shiller PE Ratio Chart

Zhejiang Dingli Machinery 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 - - - - 36.99

Zhejiang Dingli Machinery 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 38.89 36.99 39.75 39.47 35.67

Competitive Comparison of Zhejiang Dingli Machinery Co's Shiller PE Ratio

For the Farm & Heavy Construction Machinery subindustry, Zhejiang Dingli Machinery 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.


Zhejiang Dingli Machinery Co's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zhejiang Dingli Machinery Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Dingli Machinery Co's Shiller PE Ratio falls into.



Zhejiang Dingli Machinery 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.

Zhejiang Dingli Machinery Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=63.86/1.66
=38.47

* 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.

Zhejiang Dingli Machinery Co's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Zhejiang Dingli Machinery 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)
=1.25/115.7848*115.7848
=1.250

Current CPI (Sep. 2024) = 115.7848.

Zhejiang Dingli Machinery Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.078 99.000 0.091
201503 0.069 99.900 0.080
201506 0.091 99.500 0.106
201509 0.084 100.500 0.097
201512 0.058 100.600 0.067
201603 0.066 102.200 0.075
201606 0.124 101.400 0.142
201609 0.109 102.400 0.123
201612 0.095 102.600 0.107
201703 0.149 103.200 0.167
201706 0.187 103.100 0.210
201709 0.173 104.100 0.192
201712 0.122 104.500 0.135
201803 0.143 105.300 0.157
201806 0.279 104.900 0.308
201809 0.393 106.600 0.427
201812 0.179 106.500 0.195
201903 0.207 107.700 0.223
201906 0.333 107.700 0.358
201909 0.380 109.800 0.401
201912 0.520 111.200 0.541
202003 0.250 112.300 0.258
202006 0.590 110.400 0.619
202009 0.440 111.700 0.456
202012 0.090 111.500 0.093
202103 0.350 112.662 0.360
202106 0.690 111.769 0.715
202109 0.460 112.215 0.475
202112 0.320 113.108 0.328
202203 0.390 114.335 0.395
202206 0.740 114.558 0.748
202209 0.600 115.339 0.602
202212 0.750 115.116 0.754
202303 0.630 115.116 0.634
202306 1.010 114.558 1.021
202309 0.910 115.339 0.914
202312 1.140 114.781 1.150
202403 0.600 115.227 0.603
202406 1.030 114.781 1.039
202409 1.250 115.785 1.250

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.


Zhejiang Dingli Machinery Co  (SHSE:603338) 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.


Zhejiang Dingli Machinery Co Shiller PE Ratio Related Terms

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Zhejiang Dingli Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No.1255, Baiyun South Road, Leidian Town, Deqing, CHN, 313219
Zhejiang Dingli Machinery Co Ltd is engaged in Research and development, production and sales of aerial work machinery and industrial vehicles.
Executives
Liang Jin Directors, senior managers
Xu Shu Gen Director
Shen Yun Lei Supervisors

Zhejiang Dingli Machinery Co Headlines

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