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Jiangsu Asia-Pacific Light Alloy Technology Co (SZSE:002540) Shiller PE Ratio : 15.69 (As of Jun. 13, 2024)


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What is Jiangsu Asia-Pacific Light Alloy Technology Co Shiller PE Ratio?

As of today (2024-06-13), Jiangsu Asia-Pacific Light Alloy Technology Co's current share price is ¥5.49. Jiangsu Asia-Pacific Light Alloy Technology Co's E10 for the quarter that ended in Mar. 2024 was ¥0.35. Jiangsu Asia-Pacific Light Alloy Technology Co's Shiller PE Ratio for today is 15.69.

The historical rank and industry rank for Jiangsu Asia-Pacific Light Alloy Technology Co's Shiller PE Ratio or its related term are showing as below:

SZSE:002540' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.04   Med: 19.34   Max: 38.8
Current: 15.69

During the past years, Jiangsu Asia-Pacific Light Alloy Technology Co's highest Shiller PE Ratio was 38.80. The lowest was 15.04. And the median was 19.34.

SZSE:002540's Shiller PE Ratio is ranked better than
61.8% of 377 companies
in the Metals & Mining industry
Industry Median: 21.7 vs SZSE:002540: 15.69

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.

Jiangsu Asia-Pacific Light Alloy Technology Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.091. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Asia-Pacific Light Alloy Technology Co Shiller PE Ratio Historical Data

The historical data trend for Jiangsu Asia-Pacific Light Alloy Technology 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.

Jiangsu Asia-Pacific Light Alloy Technology Co Shiller PE Ratio Chart

Jiangsu Asia-Pacific Light Alloy Technology 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 18.20 21.36 28.58 15.99 19.28

Jiangsu Asia-Pacific Light Alloy Technology 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 18.44 17.73 17.57 19.28 17.04

Competitive Comparison of Jiangsu Asia-Pacific Light Alloy Technology Co's Shiller PE Ratio

For the Aluminum subindustry, Jiangsu Asia-Pacific Light Alloy Technology 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.


Jiangsu Asia-Pacific Light Alloy Technology Co's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jiangsu Asia-Pacific Light Alloy Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Asia-Pacific Light Alloy Technology Co's Shiller PE Ratio falls into.



Jiangsu Asia-Pacific Light Alloy Technology 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.

Jiangsu Asia-Pacific Light Alloy Technology Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.49/0.35
=15.69

* 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.

Jiangsu Asia-Pacific Light Alloy Technology Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Jiangsu Asia-Pacific Light Alloy Technology Co'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)
=0.091/115.2271*115.2271
=0.091

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Asia-Pacific Light Alloy Technology Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.051 98.200 0.060
201409 0.077 98.900 0.090
201412 0.046 99.000 0.054
201503 0.061 99.900 0.070
201506 0.073 99.500 0.085
201509 -0.005 100.500 -0.006
201512 0.102 100.600 0.117
201603 0.046 102.200 0.052
201606 0.092 101.400 0.105
201609 0.054 102.400 0.061
201612 0.093 102.600 0.104
201703 0.068 103.200 0.076
201706 0.076 103.100 0.085
201709 0.062 104.100 0.069
201712 0.081 104.500 0.089
201803 0.065 105.300 0.071
201806 0.083 104.900 0.091
201809 0.080 106.600 0.086
201812 0.068 106.500 0.074
201903 0.057 107.700 0.061
201906 0.060 107.700 0.064
201909 0.064 109.800 0.067
201912 0.108 111.200 0.112
202003 0.038 112.300 0.039
202006 0.072 110.400 0.075
202009 0.083 111.700 0.086
202012 0.094 111.500 0.097
202103 0.073 112.662 0.075
202106 0.083 111.769 0.086
202109 0.068 112.215 0.070
202112 0.146 113.108 0.149
202203 0.067 114.335 0.068
202206 0.082 114.558 0.082
202209 0.091 115.339 0.091
202212 0.306 115.116 0.306
202303 0.084 115.116 0.084
202306 0.103 114.558 0.104
202309 0.122 115.339 0.122
202312 0.126 114.781 0.126
202403 0.091 115.227 0.091

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.


Jiangsu Asia-Pacific Light Alloy Technology Co  (SZSE:002540) 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.


Jiangsu Asia-Pacific Light Alloy Technology Co Shiller PE Ratio Related Terms

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Jiangsu Asia-Pacific Light Alloy Technology Co (SZSE:002540) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Fangxing Road, Wuxi New District, Wuxi, CHN, 214111
Jiangsu Asia-Pacific Light Alloy Technology Co Ltd manufactures and sells aluminum extrusion profiles and precision-drawn tubes for use in automotive, transportation, HVAC&R, industrial, seawater desalination, aerospace, solar, and other applications in China. The products provided by the company comprise of Precision tube, Micro-multiport extrusion tube, and Extrusion profile.
Executives
Zhou Fu Hai Director
Pu Jian Ying Directors, executives
Fan Ya Sheng Executives
Wang Xin Wan Executives
Chen Guo Qin Supervisors
Zhang Jun Hua Supervisors
Luo Gong Wu Secretary, Director
Zhou Jing Yi Securities Affairs Representative

Jiangsu Asia-Pacific Light Alloy Technology Co (SZSE:002540) Headlines

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