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China National Accord Medicines (SZSE:200028) Shiller PE Ratio : 12.66 (As of May. 01, 2024)


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What is China National Accord Medicines Shiller PE Ratio?

As of today (2024-05-01), China National Accord Medicines's current share price is HK$14.56. China National Accord Medicines's E10 for the quarter that ended in Mar. 2024 was HK$1.15. China National Accord Medicines's Shiller PE Ratio for today is 12.66.

The historical rank and industry rank for China National Accord Medicines's Shiller PE Ratio or its related term are showing as below:

SZSE:200028' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.07   Med: 24.17   Max: 85.25
Current: 14.95

During the past years, China National Accord Medicines's highest Shiller PE Ratio was 85.25. The lowest was 10.07. And the median was 24.17.

SZSE:200028's Shiller PE Ratio is ranked better than
67.27% of 55 companies
in the Medical Distribution industry
Industry Median: 19.94 vs SZSE:200028: 14.95

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.

China National Accord Medicines's adjusted earnings per share data for the three months ended in Mar. 2024 was HK$0.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$1.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China National Accord Medicines Shiller PE Ratio Historical Data

The historical data trend for China National Accord Medicines'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.

China National Accord Medicines Shiller PE Ratio Chart

China National Accord Medicines 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 19.86 18.31 13.64 11.32 12.34

China National Accord Medicines 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 15.05 19.04 13.58 12.34 12.98

Competitive Comparison of China National Accord Medicines's Shiller PE Ratio

For the Medical Distribution subindustry, China National Accord Medicines'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.


China National Accord Medicines's Shiller PE Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, China National Accord Medicines's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China National Accord Medicines's Shiller PE Ratio falls into.



China National Accord Medicines 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.

China National Accord Medicines's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.56/1.15
=12.66

* 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.

China National Accord Medicines's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, China National Accord Medicines'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)
=0.76/114.6694*114.6694
=0.760

Current CPI (Mar. 2024) = 114.6694.

China National Accord Medicines Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.470 98.200 0.549
201409 0.426 98.900 0.494
201412 0.388 99.000 0.449
201503 0.519 99.900 0.596
201506 0.505 99.500 0.582
201509 0.482 100.500 0.550
201512 0.561 100.600 0.639
201603 0.551 102.200 0.618
201606 0.868 101.400 0.982
201609 0.529 102.400 0.592
201612 0.561 102.600 0.627
201703 0.555 103.200 0.617
201706 0.582 103.100 0.647
201709 0.528 104.100 0.582
201712 0.541 104.500 0.594
201803 0.649 105.300 0.707
201806 0.766 104.900 0.837
201809 0.586 106.600 0.630
201812 0.581 106.500 0.626
201903 0.630 107.700 0.671
201906 0.716 107.700 0.762
201909 0.610 109.800 0.637
201912 0.616 111.200 0.635
202003 0.493 112.300 0.503
202006 0.774 110.400 0.804
202009 0.727 111.700 0.746
202012 0.857 111.500 0.881
202103 0.706 112.662 0.719
202106 0.892 111.769 0.915
202109 0.723 112.215 0.739
202112 0.575 113.108 0.583
202203 0.560 114.335 0.562
202206 0.886 114.558 0.887
202209 0.749 115.339 0.745
202212 0.882 115.116 0.879
202303 0.740 115.116 0.737
202306 0.919 114.558 0.920
202309 0.697 115.339 0.693
202312 0.798 114.669 0.798
202403 0.760 114.669 0.760

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.


China National Accord Medicines  (SZSE:200028) 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.


China National Accord Medicines Shiller PE Ratio Related Terms

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China National Accord Medicines (SZSE:200028) Business Description

Traded in Other Exchanges
Address
No. 15, Ba Gua Si 4th Road, Accord Pharmaceutical Building, Futian District, Guangdong Province, Shenzhen, CHN, 518029
China National Accord Medicines Corp Ltd develops and manufactures pharmaceuticals in China. The company engaged in the wholesale of Chinese patent drugs, traditional Chinese medicines, chemical medicine preparations, antibiotics, biochemical drugs and cerebrovascular system drugs. It operates through the following segments: The Head office segment engages in investing and managing the business; The Pharmaceutical Distribution segment engages in the distribution of medicine and pharmaceutical products to customers, including hospitals, other distributors, retail drug stores, and clinics, and Retail pharmacy segment, which is managing the operation of Guoda Pharmacy. It generates maximum revenue from the Pharmaceutical Distribution segment.

China National Accord Medicines (SZSE:200028) Headlines

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