GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Tourism Group Duty Free Corp Ltd (HKSE:01880) » Definitions » Shiller PE Ratio

China Tourism Group Duty Free (HKSE:01880) Shiller PE Ratio : 31.98 (As of May. 25, 2024)


View and export this data going back to 2022. Start your Free Trial

What is China Tourism Group Duty Free Shiller PE Ratio?

As of today (2024-05-25), China Tourism Group Duty Free's current share price is HK$68.75. China Tourism Group Duty Free's E10 for the quarter that ended in Mar. 2024 was HK$2.15. China Tourism Group Duty Free's Shiller PE Ratio for today is 31.98.

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

HKSE:01880' s Shiller PE Ratio Range Over the Past 10 Years
Min: 30.66   Med: 88.72   Max: 287.3
Current: 31.18

During the past years, China Tourism Group Duty Free's highest Shiller PE Ratio was 287.30. The lowest was 30.66. And the median was 88.72.

HKSE:01880's Shiller PE Ratio is ranked worse than
75.09% of 562 companies
in the Retail - Cyclical industry
Industry Median: 17.31 vs HKSE:01880: 31.18

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 Tourism Group Duty Free's adjusted earnings per share data for the three months ended in Mar. 2024 was HK$1.211. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$2.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Tourism Group Duty Free Shiller PE Ratio Historical Data

The historical data trend for China Tourism Group Duty Free'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 Tourism Group Duty Free Shiller PE Ratio Chart

China Tourism Group Duty Free 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 83.40 208.59 120.34 105.91 36.80

China Tourism Group Duty Free Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 86.54 51.12 47.70 36.80 36.16

Competitive Comparison of China Tourism Group Duty Free's Shiller PE Ratio

For the Specialty Retail subindustry, China Tourism Group Duty Free'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 Tourism Group Duty Free's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's Shiller PE Ratio falls into.



China Tourism Group Duty Free 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 Tourism Group Duty Free's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=68.75/2.15
=31.98

* 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 Tourism Group Duty Free's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, China Tourism Group Duty Free's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.211/115.2271*115.2271
=1.211

Current CPI (Mar. 2024) = 115.2271.

China Tourism Group Duty Free Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.202 98.200 0.237
201409 0.221 98.900 0.257
201412 0.178 99.000 0.207
201503 0.411 99.900 0.474
201506 0.237 99.500 0.274
201509 0.188 100.500 0.216
201512 0.114 100.600 0.131
201603 0.426 102.200 0.480
201606 0.247 101.400 0.281
201609 0.422 102.400 0.475
201612 0.200 102.600 0.225
201703 0.414 103.200 0.462
201706 0.341 103.100 0.381
201709 0.370 104.100 0.410
201712 0.378 104.500 0.417
201803 0.737 105.300 0.806
201806 0.472 104.900 0.518
201809 0.460 106.600 0.497
201812 0.227 106.500 0.246
201903 1.381 107.700 1.478
201906 0.573 107.700 0.613
201909 0.521 109.800 0.547
201912 0.238 111.200 0.247
202003 -0.012 112.300 -0.012
202006 0.534 110.400 0.557
202009 1.302 111.700 1.343
202012 1.807 111.500 1.867
202103 1.740 112.662 1.780
202106 1.552 111.769 1.600
202109 1.933 112.215 1.985
202112 0.730 113.108 0.744
202203 1.619 114.335 1.632
202206 0.825 114.558 0.830
202209 0.380 115.339 0.380
202212 0.191 115.116 0.191
202303 1.267 115.116 1.268
202306 0.827 114.558 0.832
202309 0.695 115.339 0.694
202312 0.797 114.781 0.800
202403 1.211 115.227 1.211

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 Tourism Group Duty Free  (HKSE:01880) 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 Tourism Group Duty Free Shiller PE Ratio Related Terms

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


China Tourism Group Duty Free (HKSE:01880) Business Description

Traded in Other Exchanges
Address
No. 2A, Dongzhimenwai Street, 8th Floor, Block A, Dongcheng District, Beijing, CHN, 100027
China Tourism Group Duty Free Corp Ltd is an investment holding company. The company's segments include Retail and Property. It generates maximum revenue from the Retail segment. The Retail segment offers a comprehensive series of duty-free and duty-paid merchandise to customers in Mainland China, Hong Kong, Macau, Cambodia, etc, through its travel retail business. It also engages sales of duty-free and duty-paid merchandise and income from provision of related services.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Aggregate Of Abrdn Plc Affiliated Investment Management Entities 2102 Investment manager
Morgan Stanley 2201 Interest of corporation controlled by you
Citigroup Inc. 2201 Interest of corporation controlled by you
Bank Of America Corporation
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Gic Private Limited 2102 Investment manager
Brown Brothers Harriman & Co. 2502 Approved lending agent

China Tourism Group Duty Free (HKSE:01880) Headlines

No Headlines