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Chen Ke Ming Food Manufacturing Co (SZSE:002661) Shiller PE Ratio : 18.48 (As of Sep. 20, 2024)


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What is Chen Ke Ming Food Manufacturing Co Shiller PE Ratio?

As of today (2024-09-20), Chen Ke Ming Food Manufacturing Co's current share price is ¥8.13. Chen Ke Ming Food Manufacturing Co's E10 for the quarter that ended in Jun. 2024 was ¥0.44. Chen Ke Ming Food Manufacturing Co's Shiller PE Ratio for today is 18.48.

The historical rank and industry rank for Chen Ke Ming Food Manufacturing Co's Shiller PE Ratio or its related term are showing as below:

SZSE:002661' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.84   Med: 23.88   Max: 40.18
Current: 18.48

During the past years, Chen Ke Ming Food Manufacturing Co's highest Shiller PE Ratio was 40.18. The lowest was 15.84. And the median was 23.88.

SZSE:002661's Shiller PE Ratio is ranked better than
50.19% of 1036 companies
in the Consumer Packaged Goods industry
Industry Median: 18.505 vs SZSE:002661: 18.48

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.

Chen Ke Ming Food Manufacturing Co's adjusted earnings per share data for the three months ended in Jun. 2024 was ¥0.164. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.44 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chen Ke Ming Food Manufacturing Co Shiller PE Ratio Historical Data

The historical data trend for Chen Ke Ming Food Manufacturing 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.

Chen Ke Ming Food Manufacturing Co Shiller PE Ratio Chart

Chen Ke Ming Food Manufacturing 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 - 36.17 24.84 23.81 22.07

Chen Ke Ming Food Manufacturing Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 23.14 20.97 22.07 17.74 16.91

Competitive Comparison of Chen Ke Ming Food Manufacturing Co's Shiller PE Ratio

For the Packaged Foods subindustry, Chen Ke Ming Food Manufacturing 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.


Chen Ke Ming Food Manufacturing Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chen Ke Ming Food Manufacturing Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Chen Ke Ming Food Manufacturing Co's Shiller PE Ratio falls into.



Chen Ke Ming Food Manufacturing 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.

Chen Ke Ming Food Manufacturing Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.13/0.44
=18.48

* 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.

Chen Ke Ming Food Manufacturing Co's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Chen Ke Ming Food Manufacturing Co's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.164/114.7809*114.7809
=0.164

Current CPI (Jun. 2024) = 114.7809.

Chen Ke Ming Food Manufacturing Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.071 98.900 0.082
201412 0.007 99.000 0.008
201503 0.092 99.900 0.106
201506 0.106 99.500 0.122
201509 0.103 100.500 0.118
201512 0.112 100.600 0.128
201603 0.093 102.200 0.104
201606 0.086 101.400 0.097
201609 0.100 102.400 0.112
201612 0.124 102.600 0.139
201703 0.105 103.200 0.117
201706 0.094 103.100 0.105
201709 0.093 104.100 0.103
201712 0.044 104.500 0.048
201803 0.222 105.300 0.242
201806 0.124 104.900 0.136
201809 0.148 106.600 0.159
201812 0.068 106.500 0.073
201903 0.185 107.700 0.197
201906 0.129 107.700 0.137
201909 0.087 109.800 0.091
201912 0.230 111.200 0.237
202003 0.324 112.300 0.331
202006 0.364 110.400 0.378
202009 0.201 111.700 0.207
202012 0.009 111.500 0.009
202103 0.257 112.662 0.262
202106 -0.128 111.769 -0.131
202109 0.099 112.215 0.101
202112 -0.025 113.108 -0.025
202203 0.022 114.335 0.022
202206 0.158 114.558 0.158
202209 0.224 115.339 0.223
202212 0.106 115.116 0.106
202303 0.108 115.116 0.108
202306 -0.074 114.558 -0.074
202309 0.001 115.339 0.001
202312 -0.235 114.781 -0.235
202403 0.151 115.227 0.150
202406 0.164 114.781 0.164

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.


Chen Ke Ming Food Manufacturing Co  (SZSE:002661) 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.


Chen Ke Ming Food Manufacturing Co Shiller PE Ratio Related Terms

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Chen Ke Ming Food Manufacturing Co Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Zhenhua Road, Environmental Protection Technology Industrial Park, Yuhua District, Hunan Province, Changsha, CHN, 410116
Chen Ke Ming Food Manufacturing Co Ltd is a food manufacturing company in China. It is engaged in the research and development, production, and sale of middle and high-grade fine dried noodles. Its noodles are categories into six series - nutrition, power, high-gluten, gift, children, and other series. The company distributes its products under the brand name CKM.
Executives
Chen Hong Directors, executives
Chen Yan Secretary, Director
Yang Bo Executives
Zhang Bo Dong Executives
Zhang Xiao Executives
Li Rui Executives
Duan Ju Xiang Director
Zhang Jun Hui Executives
Chen Ke Zhong Director
Yang Li Juan Supervisors
Zhang Mu Lin Independent director
Li Qing Long Independent director
Chen Ke Ming Director
Chen Hui Director
Wang Yong Secretary, Director

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