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China Unicom (Hong Kong) (HKSE:00762) Shiller PE Ratio : 12.93 (As of May. 07, 2024)


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What is China Unicom (Hong Kong) Shiller PE Ratio?

As of today (2024-05-07), China Unicom (Hong Kong)'s current share price is HK$5.95. China Unicom (Hong Kong)'s E10 for the quarter that ended in Dec. 2023 was HK$0.46. China Unicom (Hong Kong)'s Shiller PE Ratio for today is 12.93.

The historical rank and industry rank for China Unicom (Hong Kong)'s Shiller PE Ratio or its related term are showing as below:

HKSE:00762' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.22   Med: 14.3   Max: 25.75
Current: 12.93

During the past years, China Unicom (Hong Kong)'s highest Shiller PE Ratio was 25.75. The lowest was 7.22. And the median was 14.30.

HKSE:00762's Shiller PE Ratio is ranked better than
58.72% of 218 companies
in the Telecommunication Services industry
Industry Median: 14.695 vs HKSE:00762: 12.93

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 Unicom (Hong Kong)'s adjusted earnings per share data for the three months ended in Dec. 2023 was HK$0.053. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Unicom (Hong Kong) Shiller PE Ratio Historical Data

The historical data trend for China Unicom (Hong Kong)'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 Unicom (Hong Kong) Shiller PE Ratio Chart

China Unicom (Hong Kong) 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 18.37 10.73 - 10.62 10.59

China Unicom (Hong Kong) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 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 10.62 - 12.19 10.59 -

Competitive Comparison of China Unicom (Hong Kong)'s Shiller PE Ratio

For the Telecom Services subindustry, China Unicom (Hong Kong)'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 Unicom (Hong Kong)'s Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Unicom (Hong Kong)'s Shiller PE Ratio falls into.



China Unicom (Hong Kong) 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 Unicom (Hong Kong)'s Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.95/0.46
=12.93

* 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 Unicom (Hong Kong)'s E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, China Unicom (Hong Kong)'s adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.053/117.2957*117.2957
=0.053

Current CPI (Dec. 2023) = 117.2957.

China Unicom (Hong Kong) Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201306 0.177 93.001 0.223
201309 0.152 91.902 0.194
201312 0.102 95.090 0.126
201403 0.176 95.749 0.216
201406 0.162 96.409 0.197
201409 0.202 97.948 0.242
201412 0.075 99.707 0.088
201503 0.164 99.927 0.193
201506 0.200 99.267 0.236
201509 0.055 99.927 0.065
201512 0.119 102.015 0.137
201603 0.024 102.785 0.027
201606 0.047 101.686 0.054
201609 0.008 102.565 0.009
201612 -0.045 103.225 -0.051
201703 0.041 103.335 0.047
201706 0.074 103.664 0.084
201709 0.082 103.994 0.092
201712 -0.087 104.984 -0.097
201803 0.122 105.973 0.135
201806 0.115 106.193 0.127
201809 0.109 106.852 0.120
201812 0.051 107.622 0.056
201903 0.140 108.172 0.152
201906 0.119 109.601 0.127
201909 0.106 110.260 0.113
201912 0.055 110.700 0.058
202003 0.115 110.920 0.122
202006 0.157 110.590 0.167
202009 0.121 107.512 0.132
202012 0.065 109.711 0.069
202103 0.151 111.579 0.159
202106 0.209 111.360 0.220
202112 0.000 112.349 0.000
202206 0.000 113.448 0.000
202209 0.172 113.778 0.177
202212 0.039 114.548 0.040
202306 0.000 115.647 0.000
202309 0.170 116.087 0.172
202312 0.053 117.296 0.053

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 Unicom (Hong Kong)  (HKSE:00762) 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 Unicom (Hong Kong) Shiller PE Ratio Related Terms

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China Unicom (Hong Kong) (HKSE:00762) Business Description

Traded in Other Exchanges
Address
99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.

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