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Ningbo David Medical Device Co (SZSE:300314) Shiller PE Ratio : 43.48 (As of Dec. 15, 2024)


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What is Ningbo David Medical Device Co Shiller PE Ratio?

As of today (2024-12-15), Ningbo David Medical Device Co's current share price is ¥12.61. Ningbo David Medical Device Co's E10 for the quarter that ended in Sep. 2024 was ¥0.29. Ningbo David Medical Device Co's Shiller PE Ratio for today is 43.48.

The historical rank and industry rank for Ningbo David Medical Device Co's Shiller PE Ratio or its related term are showing as below:

SZSE:300314' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.21   Med: 54.07   Max: 91.48
Current: 43.72

During the past years, Ningbo David Medical Device Co's highest Shiller PE Ratio was 91.48. The lowest was 33.21. And the median was 54.07.

SZSE:300314's Shiller PE Ratio is ranked worse than
68.32% of 262 companies
in the Medical Devices & Instruments industry
Industry Median: 29.505 vs SZSE:300314: 43.72

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.

Ningbo David Medical Device Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.058. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.29 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo David Medical Device Co Shiller PE Ratio Historical Data

The historical data trend for Ningbo David Medical Device 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.

Ningbo David Medical Device Co Shiller PE Ratio Chart

Ningbo David Medical Device 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 - 65.82 54.25 50.84 54.22

Ningbo David Medical Device Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 53.98 54.22 38.96 36.45 45.77

Competitive Comparison of Ningbo David Medical Device Co's Shiller PE Ratio

For the Medical Devices subindustry, Ningbo David Medical Device 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.


Ningbo David Medical Device Co's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ningbo David Medical Device Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo David Medical Device Co's Shiller PE Ratio falls into.



Ningbo David Medical Device 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.

Ningbo David Medical Device Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=12.61/0.29
=43.48

* 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.

Ningbo David Medical Device Co's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Ningbo David Medical Device Co's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.058/115.7848*115.7848
=0.058

Current CPI (Sep. 2024) = 115.7848.

Ningbo David Medical Device Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.060 99.000 0.070
201503 0.059 99.900 0.068
201506 0.032 99.500 0.037
201509 0.030 100.500 0.035
201512 0.040 100.600 0.046
201603 0.063 102.200 0.071
201606 0.046 101.400 0.053
201609 0.056 102.400 0.063
201612 0.056 102.600 0.063
201703 0.070 103.200 0.079
201706 0.061 103.100 0.069
201709 0.043 104.100 0.048
201712 -0.014 104.500 -0.016
201803 0.050 105.300 0.055
201806 0.038 104.900 0.042
201809 0.043 106.600 0.047
201812 -0.030 106.500 -0.033
201903 0.030 107.700 0.032
201906 0.039 107.700 0.042
201909 0.071 109.800 0.075
201912 0.080 111.200 0.083
202003 0.050 112.300 0.052
202006 0.148 110.400 0.155
202009 0.241 111.700 0.250
202012 0.031 111.500 0.032
202103 0.080 112.662 0.082
202106 0.153 111.769 0.158
202109 0.001 112.215 0.001
202112 0.046 113.108 0.047
202203 0.033 114.335 0.033
202206 0.091 114.558 0.092
202209 0.140 115.339 0.141
202212 0.076 115.116 0.076
202303 0.174 115.116 0.175
202306 0.145 114.558 0.147
202309 0.108 115.339 0.108
202312 0.084 114.781 0.085
202403 0.132 115.227 0.133
202406 0.029 114.781 0.029
202409 0.058 115.785 0.058

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.


Ningbo David Medical Device Co  (SZSE:300314) 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.


Ningbo David Medical Device Co Shiller PE Ratio Related Terms

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Ningbo David Medical Device Co Business Description

Traded in Other Exchanges
N/A
Address
No.35, Jinxing Road, Binhai Industry Park, Ningbo, CHN, 315712
Ningbo David Medical Device Co Ltd operates in the medical device industry. The company specializes in an independent research and development, production and distribution of medical equipment. The main products of the company are infant incubator, transport incubator, infant radiant warmer, neonate bilirubin phototherapy equipment and infant resuscitator.
Executives
Ma Jian Min Executives
Chen Zai Hong Directors, executives
Chen Yun Qin Director
Mao Tian Yi Executives
Li Ze Dong Directors, Directors, and Executives
Lin Ding Yu Executives
Yu Yong Wei Directors, executives
Wang Yao Independent director
Xu Fang Fang Director

Ningbo David Medical Device Co Headlines

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