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Guangdong TCL Smart Home Appliances Co (SZSE:002668) Shiller PE Ratio : 164.83 (As of Jun. 15, 2024)


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What is Guangdong TCL Smart Home Appliances Co Shiller PE Ratio?

As of today (2024-06-15), Guangdong TCL Smart Home Appliances Co's current share price is ¥9.89. Guangdong TCL Smart Home Appliances Co's E10 for the quarter that ended in Mar. 2024 was ¥0.06. Guangdong TCL Smart Home Appliances Co's Shiller PE Ratio for today is 164.83.

The historical rank and industry rank for Guangdong TCL Smart Home Appliances Co's Shiller PE Ratio or its related term are showing as below:

SZSE:002668' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.39   Med: 190.5   Max: 840
Current: 164.83

During the past years, Guangdong TCL Smart Home Appliances Co's highest Shiller PE Ratio was 840.00. The lowest was 14.39. And the median was 190.50.

SZSE:002668's Shiller PE Ratio is ranked worse than
96.92% of 260 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 18.16 vs SZSE:002668: 164.83

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.

Guangdong TCL Smart Home Appliances Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.208. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong TCL Smart Home Appliances Co Shiller PE Ratio Historical Data

The historical data trend for Guangdong TCL Smart Home Appliances 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.

Guangdong TCL Smart Home Appliances Co Shiller PE Ratio Chart

Guangdong TCL Smart Home Appliances 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 - 204.19 - - 160.70

Guangdong TCL Smart Home Appliances 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 691.23 438.87 259.38 160.70 140.09

Competitive Comparison of Guangdong TCL Smart Home Appliances Co's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, Guangdong TCL Smart Home Appliances 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.


Guangdong TCL Smart Home Appliances Co's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Guangdong TCL Smart Home Appliances Co's Shiller PE Ratio falls into.



Guangdong TCL Smart Home Appliances 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.

Guangdong TCL Smart Home Appliances Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.89/0.06
=164.83

* 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.

Guangdong TCL Smart Home Appliances Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Guangdong TCL Smart Home Appliances 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)
=0.208/115.2271*115.2271
=0.208

Current CPI (Mar. 2024) = 115.2271.

Guangdong TCL Smart Home Appliances Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.099 98.200 0.116
201409 0.067 98.900 0.078
201412 0.042 99.000 0.049
201503 0.036 99.900 0.042
201506 0.130 99.500 0.151
201509 0.090 100.500 0.103
201512 0.082 100.600 0.094
201603 0.053 102.200 0.060
201606 0.164 101.400 0.186
201609 0.359 102.400 0.404
201612 0.042 102.600 0.047
201703 0.047 103.200 0.052
201706 0.129 103.100 0.144
201709 0.177 104.100 0.196
201712 0.130 104.500 0.143
201803 0.140 105.300 0.153
201806 0.280 104.900 0.308
201809 0.005 106.600 0.005
201812 -2.010 106.500 -2.175
201903 0.080 107.700 0.086
201906 0.180 107.700 0.193
201909 0.001 109.800 0.001
201912 -0.230 111.200 -0.238
202003 0.006 112.300 0.006
202006 0.044 110.400 0.046
202009 0.124 111.700 0.128
202012 -1.080 111.500 -1.116
202103 -0.134 112.662 -0.137
202106 -0.106 111.769 -0.109
202109 0.146 112.215 0.150
202112 0.025 113.108 0.025
202203 0.021 114.335 0.021
202206 0.119 114.558 0.120
202209 0.163 115.339 0.163
202212 0.127 115.116 0.127
202303 0.163 115.116 0.163
202306 0.207 114.558 0.208
202309 0.181 115.339 0.181
202312 0.180 114.781 0.181
202403 0.208 115.227 0.208

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.


Guangdong TCL Smart Home Appliances Co  (SZSE:002668) 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.


Guangdong TCL Smart Home Appliances Co Shiller PE Ratio Related Terms

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Guangdong TCL Smart Home Appliances Co (SZSE:002668) Business Description

Traded in Other Exchanges
N/A
Address
No. 54 Dongfu North Road, Nantou Town, Guangdong Province, Zhongshan, CHN, 528427
Guangdong Homa Group Co Ltd is a China based company engaged in manufacturing of refrigerators. Its products include combined fridge freezer, double door refrigerator, upright freezer, wine cellar, beverage cooler, mini bar fridge, and under counter fridge, among others. The company sells its products in China, and also exports it to various other countries.
Executives
Zhao Guo Dong Secretary, Director
Yu Wei Bao Executives
Zhang Feng Yi Independent director
Zhou Jiang Hai Securities Affairs Representative
Long Yong Xian Supervisors
Liu Zhan Cheng Directors, executives
Jiang Wen Hong Supervisors
Guan Zhi Hua Executives
Su Dong Ping Director

Guangdong TCL Smart Home Appliances Co (SZSE:002668) Headlines

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