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Echo International Holdings Group (HKSE:08218) Shiller PE Ratio : (As of May. 24, 2024)


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What is Echo International Holdings Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Echo International Holdings Group Shiller PE Ratio Historical Data

The historical data trend for Echo International Holdings 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.

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Echo International Holdings Group Shiller PE Ratio Chart

Echo International Holdings Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
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Echo International Holdings Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Echo International Holdings Group's Shiller PE Ratio

For the Scientific & Technical Instruments subindustry, Echo International Holdings 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.


Echo International Holdings Group's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Echo International Holdings Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Echo International Holdings Group's Shiller PE Ratio falls into.



Echo International Holdings 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.

Echo International Holdings Group's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Echo International Holdings Group's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.002/116.0865*116.0865
=0.002

Current CPI (Sep. 2023) = 116.0865.

Echo International Holdings Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 -0.085 95.090 -0.104
201403 -0.120 95.749 -0.145
201406 -0.060 96.409 -0.072
201409 -0.078 97.948 -0.092
201412 -0.058 99.707 -0.068
201503 -0.124 99.927 -0.144
201506 -0.052 99.267 -0.061
201509 -0.050 99.927 -0.058
201512 -0.134 102.015 -0.152
201603 -0.104 102.785 -0.117
201606 -0.066 101.686 -0.075
201609 -0.070 102.565 -0.079
201612 -0.092 103.225 -0.103
201703 -0.112 103.335 -0.126
201706 -0.052 103.664 -0.058
201709 -0.066 103.994 -0.074
201712 -0.080 104.984 -0.088
201803 -0.122 105.973 -0.134
201806 -0.062 106.193 -0.068
201809 -0.090 106.852 -0.098
201812 -0.060 107.622 -0.065
201903 0.232 108.172 0.249
201906 -0.048 109.601 -0.051
201909 -0.012 110.260 -0.013
201912 -0.003 110.700 -0.003
202003 -0.150 110.920 -0.157
202006 -0.005 110.590 -0.005
202009 -0.096 107.512 -0.104
202012 -0.084 109.711 -0.089
202103 -0.318 111.579 -0.331
202106 -0.011 111.360 -0.011
202109 0.013 109.051 0.014
202112 0.004 112.349 0.004
202203 -0.158 113.558 -0.162
202206 -0.023 113.448 -0.024
202209 -0.010 113.778 -0.010
202212 0.026 114.548 0.026
202303 -0.018 115.427 -0.018
202306 -0.001 115.647 -0.001
202309 0.002 116.087 0.002

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.


Echo International Holdings Group  (HKSE:08218) 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.


Echo International Holdings Group Shiller PE Ratio Related Terms

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Echo International Holdings Group (HKSE:08218) Business Description

Traded in Other Exchanges
N/A
Address
9 Hoi Shing Road, Room 3207A, 32nd Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
Echo International Holdings Group Ltd is an investment holding company. The company's operating segment includes the Trading of electronic products; Manufacturing and trading of electronic products and accessories, Provision of food catering services, and trading of timepieces. It generates maximum revenue from the Provision of food catering services segment. Its products include security alarm, indications board, buzzers, timer, fishing indicator, charge board, control board, fire alarm, LED lamp assembly, switch, printed circuit board, and others. Geographically, it derives a majority of revenue from Hong KongCountries.

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