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Shanghai Bright Power Semiconductor Co (SHSE:688368) Shiller PE Ratio : 30.14 (As of May. 17, 2024)


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What is Shanghai Bright Power Semiconductor Co Shiller PE Ratio?

As of today (2024-05-17), Shanghai Bright Power Semiconductor Co's current share price is ¥71.12. Shanghai Bright Power Semiconductor Co's E10 for the fiscal year that ended in Dec23 was ¥2.36. Shanghai Bright Power Semiconductor Co's Shiller PE Ratio for today is 30.14.

The historical rank and industry rank for Shanghai Bright Power Semiconductor Co's Shiller PE Ratio or its related term are showing as below:

SHSE:688368' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.8   Med: 32.62   Max: 40.36
Current: 30.14

During the past 10 years, Shanghai Bright Power Semiconductor Co's highest Shiller PE Ratio was 40.36. The lowest was 27.80. And the median was 32.62.

SHSE:688368's Shiller PE Ratio is ranked worse than
52.93% of 512 companies
in the Semiconductors industry
Industry Median: 28.365 vs SHSE:688368: 30.14

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.

Shanghai Bright Power Semiconductor Co's adjusted earnings per share data of for the fiscal year that ended in Dec23 was ¥-1.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥2.36 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Bright Power Semiconductor Co Shiller PE Ratio Historical Data

The historical data trend for Shanghai Bright Power Semiconductor 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.

Shanghai Bright Power Semiconductor Co Shiller PE Ratio Chart

Shanghai Bright Power Semiconductor 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 - - - - 45.75

Shanghai Bright Power Semiconductor 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 - - - 45.75 -

Competitive Comparison of Shanghai Bright Power Semiconductor Co's Shiller PE Ratio

For the Semiconductors subindustry, Shanghai Bright Power Semiconductor 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.


Shanghai Bright Power Semiconductor Co's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Bright Power Semiconductor Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Bright Power Semiconductor Co's Shiller PE Ratio falls into.



Shanghai Bright Power Semiconductor 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.

Shanghai Bright Power Semiconductor Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=71.12/2.36
=30.14

* 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.

Shanghai Bright Power Semiconductor Co's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Shanghai Bright Power Semiconductor Co'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)
=-1.45/114.7809*114.7809
=-1.450

Current CPI (Dec23) = 114.7809.

Shanghai Bright Power Semiconductor Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 6.690 99.000 7.756
201512 1.800 100.600 2.054
201612 0.900 102.600 1.007
201712 1.660 104.500 1.823
201812 1.760 106.500 1.897
201912 1.890 111.200 1.951
202012 1.110 111.500 1.143
202112 10.560 113.108 10.716
202212 -3.290 115.116 -3.280
202312 -1.450 114.781 -1.450

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.


Shanghai Bright Power Semiconductor Co  (SHSE:688368) 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.


Shanghai Bright Power Semiconductor Co Shiller PE Ratio Related Terms

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Shanghai Bright Power Semiconductor Co (SHSE:688368) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Lane 666, Zhangheng Road, Room 504-511, 5th Floor, Pilot Free Trade Zone, Shanghai, CHN, 201203
Shanghai Bright Power Semiconductor Co Ltd is a analog and mixed-signal IC design company in China. It offers LED lightning and motor driven products.

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