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Shenzhen Properties & Resources Development (Group) (SZSE:000011) Shiller PE Ratio : 8.09 (As of Apr. 30, 2024)


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What is Shenzhen Properties & Resources Development (Group) Shiller PE Ratio?

As of today (2024-04-30), Shenzhen Properties & Resources Development (Group)'s current share price is ¥8.41. Shenzhen Properties & Resources Development (Group)'s E10 for the quarter that ended in Mar. 2024 was ¥1.04. Shenzhen Properties & Resources Development (Group)'s Shiller PE Ratio for today is 8.09.

The historical rank and industry rank for Shenzhen Properties & Resources Development (Group)'s Shiller PE Ratio or its related term are showing as below:

SZSE:000011' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.83   Med: 22.46   Max: 66.57
Current: 8.06

During the past years, Shenzhen Properties & Resources Development (Group)'s highest Shiller PE Ratio was 66.57. The lowest was 7.83. And the median was 22.46.

SZSE:000011's Shiller PE Ratio is ranked better than
61.2% of 1085 companies
in the Real Estate industry
Industry Median: 10.94 vs SZSE:000011: 8.06

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.

Shenzhen Properties & Resources Development (Group)'s adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥1.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Properties & Resources Development (Group) Shiller PE Ratio Historical Data

The historical data trend for Shenzhen Properties & Resources Development (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.

Shenzhen Properties & Resources Development (Group) Shiller PE Ratio Chart

Shenzhen Properties & Resources Development (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 12.24 14.02 11.67 11.25 8.49

Shenzhen Properties & Resources Development (Group) 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 10.26 9.36 9.77 8.49 7.93

Competitive Comparison of Shenzhen Properties & Resources Development (Group)'s Shiller PE Ratio

For the Real Estate - Development subindustry, Shenzhen Properties & Resources Development (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.


Shenzhen Properties & Resources Development (Group)'s Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Properties & Resources Development (Group)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Properties & Resources Development (Group)'s Shiller PE Ratio falls into.



Shenzhen Properties & Resources Development (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.

Shenzhen Properties & Resources Development (Group)'s Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.41/1.04
=8.09

* 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.

Shenzhen Properties & Resources Development (Group)'s E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Shenzhen Properties & Resources Development (Group)'s adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.001/114.6694*114.6694
=0.001

Current CPI (Mar. 2024) = 114.6694.

Shenzhen Properties & Resources Development (Group) Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.142 98.200 0.166
201409 0.354 98.900 0.410
201412 0.158 99.000 0.183
201503 0.001 99.900 0.001
201506 0.052 99.500 0.060
201509 0.026 100.500 0.030
201512 0.185 100.600 0.211
201603 0.001 102.200 0.001
201606 -0.010 101.400 -0.011
201609 -0.003 102.400 -0.003
201612 0.608 102.600 0.680
201703 0.506 103.200 0.562
201706 0.105 103.100 0.117
201709 0.355 104.100 0.391
201712 0.079 104.500 0.087
201803 0.090 105.300 0.098
201806 0.050 104.900 0.055
201809 0.103 106.600 0.111
201812 0.929 106.500 1.000
201903 0.160 107.700 0.170
201906 0.102 107.700 0.109
201909 0.038 109.800 0.040
201912 1.073 111.200 1.106
202003 0.255 112.300 0.260
202006 0.101 110.400 0.105
202009 -0.033 111.700 -0.034
202012 1.017 111.500 1.046
202103 0.359 112.662 0.365
202106 0.778 111.769 0.798
202109 0.163 112.215 0.167
202112 0.421 113.108 0.427
202203 0.368 114.335 0.369
202206 0.053 114.558 0.053
202209 0.344 115.339 0.342
202212 0.137 115.116 0.136
202303 0.022 115.116 0.022
202306 0.349 114.558 0.349
202309 0.018 115.339 0.018
202312 0.390 114.669 0.390
202403 0.001 114.669 0.001

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.


Shenzhen Properties & Resources Development (Group)  (SZSE:000011) 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.


Shenzhen Properties & Resources Development (Group) Shiller PE Ratio Related Terms

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Shenzhen Properties & Resources Development (Group) (SZSE:000011) Business Description

Traded in Other Exchanges
Address
Renmin South Road, 39 Floor and 42 Floor, International Trade Center, Guangdong Province, Luohu District, Shenzhen, CHN, 518014
Shenzhen Properties & Resources Development (Group) Ltd is engaged in real estate development property management and housing asset operation as the basic business, with catering service, warehousing business and supervision business. It develops the residence, the hi-end apartment and the office building. It also provides house leasing, catering service, warehousing service, and supervision service. The company operates in three segments namely Real estate, Property management, and Catering service. Majority of the revenue is derived from the Real estate segment.

Shenzhen Properties & Resources Development (Group) (SZSE:000011) Headlines

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