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Oppein Home Group (SHSE:603833) Shiller PE Ratio : 20.94 (As of May. 01, 2024)


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What is Oppein Home Group Shiller PE Ratio?

As of today (2024-05-01), Oppein Home Group's current share price is ¥62.41. Oppein Home Group's E10 for the fiscal year that ended in Dec23 was ¥2.98. Oppein Home Group's Shiller PE Ratio for today is 20.94.

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

SHSE:603833' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.04   Med: 52.08   Max: 87.55
Current: 20.92

During the past 13 years, Oppein Home Group's highest Shiller PE Ratio was 87.55. The lowest was 19.04. And the median was 52.08.

SHSE:603833's Shiller PE Ratio is ranked worse than
57.09% of 261 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 18.76 vs SHSE:603833: 20.92

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.

Oppein Home Group's adjusted earnings per share data of for the fiscal year that ended in Dec23 was ¥4.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥2.98 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oppein Home Group Shiller PE Ratio Historical Data

The historical data trend for Oppein Home 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.

Oppein Home Group Shiller PE Ratio Chart

Oppein Home 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 - 71.79 65.16 47.44 23.35

Oppein Home Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 47.44 - - - 23.35

Competitive Comparison of Oppein Home Group's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, Oppein Home 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.


Oppein Home Group's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Oppein Home Group's Shiller PE Ratio distribution charts can be found below:

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



Oppein Home 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.

Oppein Home Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=62.41/2.98
=20.94

* 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.

Oppein Home Group's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Oppein Home Group's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=4.92/114.6694*114.6694
=4.920

Current CPI (Dec23) = 114.6694.

Oppein Home Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.736 99.000 0.852
201512 0.936 100.600 1.067
201612 1.814 102.600 2.027
201712 2.286 104.500 2.508
201812 2.693 106.500 2.900
201912 3.050 111.200 3.145
202012 3.470 111.500 3.569
202112 4.400 113.108 4.461
202212 4.380 115.116 4.363
202312 4.920 114.669 4.920

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.


Oppein Home Group  (SHSE:603833) 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.


Oppein Home Group Shiller PE Ratio Related Terms

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Oppein Home Group (SHSE:603833) Business Description

Traded in Other Exchanges
N/A
Address
No.366, Guanghua 3rd Road, Baiyun District, Guangdong Province, Guangzhou, CHN, 510450
Oppein Home Group Inc is a furniture manufacturing company. Its products include wooden, plastic, bamboo, and all other types of furniture.

Oppein Home Group (SHSE:603833) Headlines

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