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China Vanke Co (HKSE:02202) Shiller PE Ratio : 3.46 (As of May. 11, 2024)


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What is China Vanke Co Shiller PE Ratio?

As of today (2024-05-11), China Vanke Co's current share price is HK$4.98. China Vanke Co's E10 for the quarter that ended in Mar. 2024 was HK$1.44. China Vanke Co's Shiller PE Ratio for today is 3.46.

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

HKSE:02202' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.8   Med: 15.21   Max: 30.11
Current: 3.15

During the past years, China Vanke Co's highest Shiller PE Ratio was 30.11. The lowest was 2.80. And the median was 15.21.

HKSE:02202's Shiller PE Ratio is ranked better than
87.85% of 1078 companies
in the Real Estate industry
Industry Median: 11.18 vs HKSE:02202: 3.15

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 Vanke Co's adjusted earnings per share data for the three months ended in Mar. 2024 was HK$-0.033. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$1.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Vanke Co Shiller PE Ratio Historical Data

The historical data trend for China Vanke Co'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 Vanke Co Shiller PE Ratio Chart

China Vanke Co 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 16.32 12.72 8.31 7.35 4.34

China Vanke Co 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 6.17 5.61 5.17 4.34 3.77

Competitive Comparison of China Vanke Co's Shiller PE Ratio

For the Real Estate - Development subindustry, China Vanke Co'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 Vanke Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Vanke Co's Shiller PE Ratio distribution charts can be found below:

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



China Vanke Co 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 Vanke Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.98/1.44
=3.46

* 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 Vanke Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, China Vanke Co'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)
=-0.033/114.6694*114.6694
=-0.033

Current CPI (Mar. 2024) = 114.6694.

China Vanke Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.374 98.200 0.437
201409 0.189 98.900 0.219
201412 1.052 99.000 1.219
201503 0.073 99.900 0.084
201506 0.476 99.500 0.549
201509 0.219 100.500 0.250
201512 1.226 100.600 1.397
201603 0.090 102.200 0.101
201606 0.477 101.400 0.539
201609 0.307 102.400 0.344
201612 1.292 102.600 1.444
201703 0.071 103.200 0.079
201706 0.684 103.100 0.761
201709 0.408 104.100 0.449
201712 1.819 104.500 1.996
201803 0.101 105.300 0.110
201806 0.909 104.900 0.994
201809 0.503 106.600 0.541
201812 2.037 106.500 2.193
201903 0.119 107.700 0.127
201906 1.087 107.700 1.157
201909 0.623 109.800 0.651
201912 2.046 111.200 2.110
202003 0.122 112.300 0.125
202006 1.094 110.400 1.136
202009 0.720 111.700 0.739
202012 2.227 111.500 2.290
202103 0.133 112.662 0.135
202106 1.013 111.769 1.039
202109 0.586 112.215 0.599
202112 0.617 113.108 0.626
202203 0.152 114.335 0.152
202206 1.087 114.558 1.088
202209 0.473 115.339 0.470
202212 0.543 115.116 0.541
202303 0.142 115.116 0.141
202306 0.782 114.558 0.783
202309 0.342 115.339 0.340
202312 -0.141 114.669 -0.141
202403 -0.033 114.669 -0.033

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 Vanke Co  (HKSE:02202) 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 Vanke Co Shiller PE Ratio Related Terms

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


China Vanke Co (HKSE:02202) Business Description

Traded in Other Exchanges
Address
Vanke Center, No. 33 Huanmei Road, Dameisha, Yantian District, Shenzhen, CHN, 518083
China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with a 27.2% stake.

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