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Yuan Cheng Cable Co (SZSE:002692) Shiller PE Ratio : 331.00 (As of Jun. 24, 2024)


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What is Yuan Cheng Cable Co Shiller PE Ratio?

As of today (2024-06-24), Yuan Cheng Cable Co's current share price is ¥3.31. Yuan Cheng Cable Co's E10 for the quarter that ended in Mar. 2024 was ¥0.01. Yuan Cheng Cable Co's Shiller PE Ratio for today is 331.00.

The historical rank and industry rank for Yuan Cheng Cable Co's Shiller PE Ratio or its related term are showing as below:

SZSE:002692' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.55   Med: 124.33   Max: 480
Current: 331

During the past years, Yuan Cheng Cable Co's highest Shiller PE Ratio was 480.00. The lowest was 24.55. And the median was 124.33.

SZSE:002692's Shiller PE Ratio is ranked worse than
98.36% of 1768 companies
in the Industrial Products industry
Industry Median: 24.32 vs SZSE:002692: 331.00

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.

Yuan Cheng Cable Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.023. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yuan Cheng Cable Co Shiller PE Ratio Historical Data

The historical data trend for Yuan Cheng Cable 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.

Yuan Cheng Cable Co Shiller PE Ratio Chart

Yuan Cheng Cable 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 - 32.16 73.77 129.87 306.83

Yuan Cheng Cable 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 141.83 180.20 222.82 306.83 281.68

Competitive Comparison of Yuan Cheng Cable Co's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Yuan Cheng Cable 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.


Yuan Cheng Cable Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yuan Cheng Cable Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Yuan Cheng Cable Co's Shiller PE Ratio falls into.



Yuan Cheng Cable 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.

Yuan Cheng Cable Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.31/0.01
=331.00

* 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.

Yuan Cheng Cable Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Yuan Cheng Cable 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)
=0.023/115.2271*115.2271
=0.023

Current CPI (Mar. 2024) = 115.2271.

Yuan Cheng Cable Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.044 98.200 0.052
201409 0.041 98.900 0.048
201412 0.024 99.000 0.028
201503 0.030 99.900 0.035
201506 0.070 99.500 0.081
201509 0.150 100.500 0.172
201512 0.009 100.600 0.010
201603 0.033 102.200 0.037
201606 0.058 101.400 0.066
201609 0.031 102.400 0.035
201612 0.006 102.600 0.007
201703 0.021 103.200 0.023
201706 0.025 103.100 0.028
201709 0.018 104.100 0.020
201712 0.039 104.500 0.043
201803 0.019 105.300 0.021
201806 0.028 104.900 0.031
201809 0.002 106.600 0.002
201812 -0.622 106.500 -0.673
201903 0.021 107.700 0.022
201906 0.041 107.700 0.044
201909 -0.162 109.800 -0.170
201912 0.112 111.200 0.116
202003 -0.059 112.300 -0.061
202006 0.072 110.400 0.075
202009 0.002 111.700 0.002
202012 -0.202 111.500 -0.209
202103 0.001 112.662 0.001
202106 0.011 111.769 0.011
202109 0.008 112.215 0.008
202112 0.044 113.108 0.045
202203 0.022 114.335 0.022
202206 0.017 114.558 0.017
202209 0.011 115.339 0.011
202212 0.045 115.116 0.045
202303 0.008 115.116 0.008
202306 0.019 114.558 0.019
202309 0.018 115.339 0.018
202312 0.027 114.781 0.027
202403 0.023 115.227 0.023

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.


Yuan Cheng Cable Co  (SZSE:002692) 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.


Yuan Cheng Cable Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Yuan Cheng Cable Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Yuan Cheng Cable Co (SZSE:002692) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Yuancheng Road, Guanlin Town, Jiangsu Province, Yixing, CHN, 214251
Yuan Cheng Cable Co Ltd is engaged in the production of power cables. Its product portfolio includes low voltage power cable, medium voltage power cable, high voltage power cable, control cable, cloth wire, overhead insulated cable wire, mineral insulated cable, fireproof cable, special cable, and nuclear cable among others.
Executives
Yu Zhao Peng Supervisors
Yu Guo Ping Directors, executives
Li Zhi Qiang Directors, executives
Yang Xiao Ming Director

Yuan Cheng Cable Co (SZSE:002692) Headlines

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