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Ocean's King Lighting Science & Technology Co (SZSE:002724) Shiller PE Ratio : 29.05 (As of May. 13, 2025)


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What is Ocean's King Lighting Science & Technology Co Shiller PE Ratio?

As of today (2025-05-13), Ocean's King Lighting Science & Technology Co's current share price is ¥6.39. Ocean's King Lighting Science & Technology Co's E10 for the quarter that ended in Mar. 2025 was ¥0.22. Ocean's King Lighting Science & Technology Co's Shiller PE Ratio for today is 29.05.

The historical rank and industry rank for Ocean's King Lighting Science & Technology Co's Shiller PE Ratio or its related term are showing as below:

SZSE:002724' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.81   Med: 27.71   Max: 46.35
Current: 29.05

During the past years, Ocean's King Lighting Science & Technology Co's highest Shiller PE Ratio was 46.35. The lowest was 14.81. And the median was 27.71.

SZSE:002724's Shiller PE Ratio is ranked worse than
50.15% of 1619 companies
in the Industrial Products industry
Industry Median: 29 vs SZSE:002724: 29.05

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.

Ocean's King Lighting Science & Technology Co's adjusted earnings per share data for the three months ended in Mar. 2025 was ¥0.014. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.22 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ocean's King Lighting Science & Technology Co Shiller PE Ratio Historical Data

The historical data trend for Ocean's King Lighting Science & 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.

Ocean's King Lighting Science & Technology Co Shiller PE Ratio Chart

Ocean's King Lighting Science & Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 26.83 31.17 24.24

Ocean's King Lighting Science & Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 16.52 19.19 24.24 28.11

Competitive Comparison of Ocean's King Lighting Science & Technology Co's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Ocean's King Lighting Science & 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.


Ocean's King Lighting Science & Technology Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ocean's King Lighting Science & Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ocean's King Lighting Science & Technology Co's Shiller PE Ratio falls into.


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Ocean's King Lighting Science & 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.

Ocean's King Lighting Science & Technology Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.39/0.22
=29.05

* 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.

Ocean's King Lighting Science & Technology Co's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Ocean's King Lighting Science & Technology Co's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.014/115.1156*115.1156
=0.014

Current CPI (Mar. 2025) = 115.1156.

Ocean's King Lighting Science & Technology Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 -0.049 99.500 -0.057
201509 0.011 100.500 0.013
201512 0.104 100.600 0.119
201603 0.029 102.200 0.033
201606 -0.027 101.400 -0.031
201609 0.026 102.400 0.029
201612 0.127 102.600 0.142
201703 0.018 103.200 0.020
201706 0.005 103.100 0.006
201709 0.070 104.100 0.077
201712 0.118 104.500 0.130
201803 0.025 105.300 0.027
201806 0.022 104.900 0.024
201809 0.064 106.600 0.069
201812 0.153 106.500 0.165
201903 0.029 107.700 0.031
201906 0.026 107.700 0.028
201909 0.089 109.800 0.093
201912 0.213 111.200 0.221
202003 0.019 112.300 0.019
202006 0.061 110.400 0.064
202009 0.115 111.700 0.119
202012 0.203 111.500 0.210
202103 0.035 112.662 0.036
202106 0.088 111.769 0.091
202109 0.158 112.215 0.162
202112 0.222 113.108 0.226
202203 0.022 114.335 0.022
202206 0.068 114.558 0.068
202209 0.023 115.339 0.023
202212 0.065 115.116 0.065
202303 0.013 115.116 0.013
202306 0.091 114.558 0.091
202309 0.011 115.339 0.011
202312 -0.057 114.781 -0.057
202403 0.000 115.227 0.000
202406 0.056 114.781 0.056
202409 0.012 115.785 0.012
202412 -0.258 114.893 -0.259
202503 0.014 115.116 0.014

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.


Ocean's King Lighting Science & Technology Co  (SZSE:002724) 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.


Ocean's King Lighting Science & Technology Co Shiller PE Ratio Related Terms

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Ocean's King Lighting Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Gaoxin Road, Ocean's King Science & Technology Tower, No. 1601, Guangming New District, Shenzhen, CHN, 518107
Ocean's King Lighting Science & Technology Co Ltd is a China-based company providing lighting products. It is engaged in the research, development, manufacture, and supply of innovative and reliable indoor and outdoor lighting solutions. The firm is a supplier of lighting products to transportation, power generation, mining, oil and gas, and petrochemical industries. It offers lighting and control products including fixed explosion-proof lighting, fixed professional lighting, mobile professional lighting, portable explosion-proof lighting, portable professional lighting, detectors, controllers, and gateways. The firm also provides value-added services.
Executives
Huang Xiu Qian Director
Chen Yan Directors, executives
Li Cai Fen Director
Yang Zhi Jie Directors, executives
Li Fu Ning Director
Ma Shao Yong Director
Feng Yuan Supervisors
Li Ping Independent director
Chen Shao Feng Director
Zhou Ming Jie Directors, executives
Yan Li Rong Supervisors
Chen Hui Secretary Dong
Yi Nian Feng Supervisors

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