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IMAX China Holding (HKSE:01970) Shiller PE Ratio : 872.00 (As of May. 28, 2024)


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What is IMAX China Holding Shiller PE Ratio?

As of today (2024-05-28), IMAX China Holding's current share price is HK$8.72. IMAX China Holding's E10 for the fiscal year that ended in Dec23 was HK$0.01. IMAX China Holding's Shiller PE Ratio for today is 872.00.

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

HKSE:01970' s Shiller PE Ratio Range Over the Past 10 Years
Min: 681   Med: 713   Max: 1332.1
Current: 872

During the past 12 years, IMAX China Holding's highest Shiller PE Ratio was 1332.10. The lowest was 681.00. And the median was 713.00.

HKSE:01970's Shiller PE Ratio is ranked worse than
99.29% of 422 companies
in the Media - Diversified industry
Industry Median: 16.25 vs HKSE:01970: 872.00

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.

IMAX China Holding's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$0.625. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.01 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


IMAX China Holding Shiller PE Ratio Historical Data

The historical data trend for IMAX China Holding'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.

IMAX China Holding Shiller PE Ratio Chart

IMAX China Holding 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 - - - - 1,095.10

IMAX China Holding 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 - - - - 1,095.10

Competitive Comparison of IMAX China Holding's Shiller PE Ratio

For the Entertainment subindustry, IMAX China Holding'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.


IMAX China Holding's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IMAX China Holding's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IMAX China Holding's Shiller PE Ratio falls into.



IMAX China Holding 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.

IMAX China Holding's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.72/0.01
=872.00

* 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.

IMAX China Holding's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, IMAX China Holding'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)
=0.625/114.7809*114.7809
=0.625

Current CPI (Dec23) = 114.7809.

IMAX China Holding Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.497 99.000 0.576
201512 -4.805 100.600 -5.482
201612 0.776 102.600 0.868
201712 0.938 104.500 1.030
201812 0.938 106.500 1.011
201912 0.937 111.200 0.967
202012 -0.620 111.500 -0.638
202112 0.858 113.108 0.871
202212 0.234 115.116 0.233
202312 0.625 114.781 0.625

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.


IMAX China Holding  (HKSE:01970) 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.


IMAX China Holding Shiller PE Ratio Related Terms

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IMAX China Holding (HKSE:01970) Business Description

Traded in Other Exchanges
Address
No. 128 West Nanjing Road, 7th Floor, Verdant Place, Huangpu District, Shanghai, CHN, 200003
IMAX China Holding Inc is an investment holding company that operates in the Entertainment industry in China. The company, a subsidiary of IMAX Corporation, creates and distributes proprietary cinema presentation technology. It operates in the following segments: IMAX Technology Network, which earns revenue based on contingent box office receipts and includes the IMAX DMR films segment and contingent rent from the revenue sharing arrangements segment; IMAX Technology Sales and Maintenance, which includes results from IMAX Systems, IMAX Maintenance, and Other Theatre Business, as well as upfront fees from the revenue sharing arrangements; and New Business Initiatives and Other, which includes activities related to the exploration of new lines of business.
Executives
Imax (barbados) Holdings, Inc.
Imax Corporation

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