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China Petroleum & Chemical (FRA:CHU) Shiller PE Ratio : 8.14 (As of Apr. 27, 2024)


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What is China Petroleum & Chemical Shiller PE Ratio?

As of today (2024-04-27), China Petroleum & Chemical's current share price is €0.57. China Petroleum & Chemical's E10 for the quarter that ended in Sep. 2023 was €0.07. China Petroleum & Chemical's Shiller PE Ratio for today is 8.14.

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

FRA:CHU' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.93   Med: 8.55   Max: 13.11
Current: 8.22

During the past years, China Petroleum & Chemical's highest Shiller PE Ratio was 13.11. The lowest was 4.93. And the median was 8.55.

FRA:CHU's Shiller PE Ratio is ranked better than
78.9% of 417 companies
in the Oil & Gas industry
Industry Median: 17.84 vs FRA:CHU: 8.22

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 Petroleum & Chemical's adjusted earnings per share data for the three months ended in Sep. 2023 was €0.019. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.07 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Petroleum & Chemical Shiller PE Ratio Historical Data

The historical data trend for China Petroleum & Chemical'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 Petroleum & Chemical Shiller PE Ratio Chart

China Petroleum & Chemical Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.54 7.14 5.80 6.20 6.52

China Petroleum & Chemical Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.62 6.52 8.06 8.03 7.57

Competitive Comparison of China Petroleum & Chemical's Shiller PE Ratio

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical'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 Petroleum & Chemical's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Petroleum & Chemical's Shiller PE Ratio falls into.



China Petroleum & Chemical 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 Petroleum & Chemical's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.57/0.07
=8.14

* 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 Petroleum & Chemical's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, China Petroleum & Chemical's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.019/115.3387*115.3387
=0.019

Current CPI (Sep. 2023) = 115.3387.

China Petroleum & Chemical Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.014 97.624 0.017
201403 0.014 98.600 0.016
201406 0.019 98.200 0.022
201409 0.021 98.900 0.024
201412 -0.006 99.000 -0.007
201503 0.003 99.900 0.003
201506 0.028 99.500 0.032
201509 0.002 100.500 0.002
201512 0.007 100.600 0.008
201603 0.008 102.200 0.009
201606 0.015 101.400 0.017
201609 0.011 102.400 0.012
201612 0.019 102.600 0.021
201703 0.019 103.200 0.021
201706 0.012 103.100 0.013
201709 0.012 104.100 0.013
201712 0.012 104.500 0.013
201803 0.020 105.300 0.022
201806 0.025 104.900 0.027
201809 0.018 106.600 0.019
201812 0.002 106.500 0.002
201903 0.017 107.700 0.018
201906 0.018 107.700 0.019
201909 0.013 109.800 0.014
201912 0.015 111.200 0.016
202003 -0.020 112.300 -0.021
202006 -0.003 110.400 -0.003
202009 0.048 111.700 0.050
202012 0.010 111.500 0.010
202103 0.020 112.662 0.020
202106 0.023 111.769 0.024
202109 0.023 112.215 0.024
202112 0.012 113.108 0.012
202203 0.028 114.335 0.028
202206 0.025 114.558 0.025
202209 0.016 115.339 0.016
202212 0.010 115.116 0.010
202303 0.023 115.116 0.023
202306 0.016 114.558 0.016
202309 0.019 115.339 0.019

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 Petroleum & Chemical  (FRA:CHU) 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 Petroleum & Chemical Shiller PE Ratio Related Terms

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China Petroleum & Chemical (FRA:CHU) Business Description

Address
No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2022, Sinopec's production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.