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China Shanshui Cement Group (HKSE:00691) Shiller PE Ratio : 9.43 (As of May. 25, 2024)


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What is China Shanshui Cement Group Shiller PE Ratio?

As of today (2024-05-25), China Shanshui Cement Group's current share price is HK$0.66. China Shanshui Cement Group's E10 for the fiscal year that ended in Dec23 was HK$0.07. China Shanshui Cement Group's Shiller PE Ratio for today is 9.43.

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

HKSE:00691' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.71   Med: 12.07   Max: 57.18
Current: 9.75

During the past 13 years, China Shanshui Cement Group's highest Shiller PE Ratio was 57.18. The lowest was 3.71. And the median was 12.07.

HKSE:00691's Shiller PE Ratio is ranked better than
72.8% of 261 companies
in the Building Materials industry
Industry Median: 14.34 vs HKSE:00691: 9.75

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 Shanshui Cement Group's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$-0.219. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Shanshui Cement Group Shiller PE Ratio Historical Data

The historical data trend for China Shanshui Cement Group'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 Shanshui Cement Group Shiller PE Ratio Chart

China Shanshui Cement Group 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 14.97 7.67 9.67 11.31 8.27

China Shanshui Cement Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 9.67 - 11.31 - 8.27

Competitive Comparison of China Shanshui Cement Group's Shiller PE Ratio

For the Building Materials subindustry, China Shanshui Cement Group'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 Shanshui Cement Group's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Shanshui Cement Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Shanshui Cement Group's Shiller PE Ratio falls into.



China Shanshui Cement Group 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 Shanshui Cement Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.66/0.07
=9.43

* 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 Shanshui Cement Group's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, China Shanshui Cement Group's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.219/114.7809*114.7809
=-0.219

Current CPI (Dec23) = 114.7809.

China Shanshui Cement Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.150 99.000 0.174
201512 -2.271 100.600 -2.591
201612 -0.247 102.600 -0.276
201712 0.213 104.500 0.234
201812 0.659 106.500 0.710
201912 0.757 111.200 0.781
202012 0.854 111.500 0.879
202112 0.784 113.108 0.796
202212 0.190 115.116 0.189
202312 -0.219 114.781 -0.219

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 Shanshui Cement Group  (HKSE:00691) 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 Shanshui Cement Group Shiller PE Ratio Related Terms

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China Shanshui Cement Group (HKSE:00691) Business Description

Traded in Other Exchanges
N/A
Address
Shanshui Industrial Park, Gushan Town, Changqing District, Shandong, Jinan, CHN, 250307
China Shanshui Cement Group Ltd is a cement producer in China. The company manufactures and sells cement, clinker, and concrete in several provinces of China. Its geographic segments include Shandong Province which contributes to the majority of revenue and several other provinces of China that include Northeastern China, Shanxi Province, and Xinjiang Region. Its products are used for national key projects, railways, highways, airports, real estates and other infrastructure construction and exported to more than 60 countries and other international markets.
Executives
Bo Hai Yin Hang Gu Fen You Xian Gong Si Da Lian Fen Hang 2106 Person having a security interest in shares
Shen Neng International Spc - Green Planet Sp 2101 Beneficial owner
Shen Neng Investment Management Limited 2101 Beneficial owner
Li Fengluan 2201 Interest of corporation controlled by you
Li Liufa 2201 Interest of corporation controlled by you
Tianrui (international) Holding Company Limited 2101 Beneficial owner
Tianrui Group Company Limited 2201 Interest of corporation controlled by you
Asia Cement Corporation 2101 Beneficial owner
Yu Yuan Investment Corporation Limited 2101 Beneficial owner
China Building Material Holdings Co., Limited 2101 Beneficial owner
China National Building Material Company Limited 2201 Interest of corporation controlled by you
China National Building Material Group Co., Ltd. 2201 Interest of corporation controlled by you

China Shanshui Cement Group (HKSE:00691) Headlines

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