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JOYY (WBO:JOYY) Shiller PE Ratio : 5.83 (As of Dec. 13, 2024)


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What is JOYY Shiller PE Ratio?

As of today (2024-12-13), JOYY's current share price is €38.80. JOYY's E10 for the quarter that ended in Sep. 2024 was €6.66. JOYY's Shiller PE Ratio for today is 5.83.

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

WBO:JOYY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.85   Med: 5.93   Max: 21.01
Current: 5.47

During the past years, JOYY's highest Shiller PE Ratio was 21.01. The lowest was 3.85. And the median was 5.93.

WBO:JOYY's Shiller PE Ratio is ranked better than
96.55% of 145 companies
in the Interactive Media industry
Industry Median: 26.31 vs WBO:JOYY: 5.47

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.

JOYY's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.946. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €6.66 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JOYY Shiller PE Ratio Historical Data

The historical data trend for JOYY'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.

JOYY Shiller PE Ratio Chart

JOYY 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 - - 9.33 5.98 5.52

JOYY 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 6.57 5.52 4.20 4.08 4.90

Competitive Comparison of JOYY's Shiller PE Ratio

For the Internet Content & Information subindustry, JOYY'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.


JOYY's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, JOYY's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where JOYY's Shiller PE Ratio falls into.



JOYY 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.

JOYY's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=38.80/6.66
=5.83

* 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.

JOYY's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, JOYY'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)
=0.946/133.0289*133.0289
=0.946

Current CPI (Sep. 2024) = 133.0289.

JOYY Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.804 99.070 1.080
201503 0.570 99.621 0.761
201506 0.732 100.684 0.967
201509 0.385 100.392 0.510
201512 0.882 99.792 1.176
201603 0.507 100.470 0.671
201606 1.145 101.688 1.498
201609 0.922 101.861 1.204
201612 1.330 101.863 1.737
201703 1.235 102.862 1.597
201706 1.309 103.349 1.685
201709 1.323 104.136 1.690
201712 1.492 104.011 1.908
201803 0.877 105.290 1.108
201806 -0.276 106.317 -0.345
201809 1.251 106.507 1.563
201812 1.347 105.998 1.691
201903 5.877 107.251 7.290
201906 0.041 108.070 0.050
201909 0.148 108.329 0.182
201912 0.247 108.420 0.303
202003 0.588 108.902 0.718
202006 10.985 108.767 13.435
202009 3.175 109.815 3.846
202012 -0.041 109.897 -0.050
202103 -0.571 111.754 -0.680
202106 -1.187 114.631 -1.378
202109 0.060 115.734 0.069
202112 0.752 117.630 0.850
202203 -0.372 121.301 -0.408
202206 0.218 125.017 0.232
202209 6.343 125.227 6.738
202212 -5.079 125.222 -5.396
202303 0.327 127.348 0.342
202306 1.864 128.729 1.926
202309 1.743 129.860 1.786
202312 13.572 129.419 13.951
202403 0.635 131.776 0.641
202406 0.771 132.554 0.774
202409 0.946 133.029 0.946

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.


JOYY  (WBO:JOYY) 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.


JOYY Shiller PE Ratio Related Terms

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


JOYY Business Description

Traded in Other Exchanges
Address
30 Pasir Panjang Road, No. 15-31A, Mapletree Business City, Singapore, SGP, 117440
JOYY Inc is a global technology company offering comprehensive innovation capabilities. The company enables users to interact with others in real time. The group is actively exploring and expanding its global commerce Software-as-a-Service and solutions business. JOYY emphasizes technological innovation and is recognized in the industry for its significant number of patent applications and licenses.