GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Northern Rare Earth (Group) High-Tech Co Ltd (SHSE:600111) » Definitions » Shiller PE Ratio

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Shiller PE Ratio : 42.04 (As of May. 13, 2024)


View and export this data going back to 1997. Start your Free Trial

What is China Northern Rare Earth (Group) High-Tech Co Shiller PE Ratio?

As of today (2024-05-13), China Northern Rare Earth (Group) High-Tech Co's current share price is ¥20.18. China Northern Rare Earth (Group) High-Tech Co's E10 for the quarter that ended in Mar. 2024 was ¥0.48. China Northern Rare Earth (Group) High-Tech Co's Shiller PE Ratio for today is 42.04.

The historical rank and industry rank for China Northern Rare Earth (Group) High-Tech Co's Shiller PE Ratio or its related term are showing as below:

SHSE:600111' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.25   Med: 50.81   Max: 196.81
Current: 42.04

During the past years, China Northern Rare Earth (Group) High-Tech Co's highest Shiller PE Ratio was 196.81. The lowest was 27.25. And the median was 50.81.

SHSE:600111's Shiller PE Ratio is ranked worse than
73.32% of 371 companies
in the Metals & Mining industry
Industry Median: 23.01 vs SHSE:600111: 42.04

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 Northern Rare Earth (Group) High-Tech Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.014. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Northern Rare Earth (Group) High-Tech Co Shiller PE Ratio Historical Data

The historical data trend for China Northern Rare Earth (Group) High-Tech 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 Northern Rare Earth (Group) High-Tech Co Shiller PE Ratio Chart

China Northern Rare Earth (Group) High-Tech 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 33.73 40.81 130.80 53.10 40.16

China Northern Rare Earth (Group) High-Tech 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 53.33 51.63 46.31 40.16 40.29

Competitive Comparison of China Northern Rare Earth (Group) High-Tech Co's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, China Northern Rare Earth (Group) High-Tech 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 Northern Rare Earth (Group) High-Tech Co's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Northern Rare Earth (Group) High-Tech Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Northern Rare Earth (Group) High-Tech Co's Shiller PE Ratio falls into.



China Northern Rare Earth (Group) High-Tech 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 Northern Rare Earth (Group) High-Tech Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=20.18/0.48
=42.04

* 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 Northern Rare Earth (Group) High-Tech Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, China Northern Rare Earth (Group) High-Tech 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)
=0.014/114.6694*114.6694
=0.014

Current CPI (Mar. 2024) = 114.6694.

China Northern Rare Earth (Group) High-Tech Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.051 98.200 0.060
201409 0.033 98.900 0.038
201412 0.068 99.000 0.079
201503 0.021 99.900 0.024
201506 0.051 99.500 0.059
201509 0.011 100.500 0.013
201512 0.007 100.600 0.008
201603 0.002 102.200 0.002
201606 0.007 101.400 0.008
201609 0.001 102.400 0.001
201612 0.016 102.600 0.018
201703 0.020 103.200 0.022
201706 0.010 103.100 0.011
201709 0.065 104.100 0.072
201712 0.015 104.500 0.016
201803 0.030 105.300 0.033
201806 0.030 104.900 0.033
201809 0.044 106.600 0.047
201812 0.057 106.500 0.061
201903 0.033 107.700 0.035
201906 0.040 107.700 0.043
201909 0.054 109.800 0.056
201912 0.043 111.200 0.044
202003 0.040 112.300 0.041
202006 0.054 110.400 0.056
202009 0.049 111.700 0.050
202012 0.106 111.500 0.109
202103 0.229 112.662 0.233
202106 0.335 111.769 0.344
202109 0.308 112.215 0.315
202112 0.548 113.108 0.556
202203 0.431 114.335 0.432
202206 0.434 114.558 0.434
202209 0.416 115.339 0.414
202212 0.374 115.116 0.373
202303 0.255 115.116 0.254
202306 0.037 114.558 0.037
202309 0.090 115.339 0.089
202312 0.274 114.669 0.274
202403 0.014 114.669 0.014

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 Northern Rare Earth (Group) High-Tech Co  (SHSE:600111) 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 Northern Rare Earth (Group) High-Tech Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of China Northern Rare Earth (Group) High-Tech Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Business Description

Traded in Other Exchanges
N/A
Address
No. 83 Huanghe Street, Baotou Rare Earth Hi-tech Industrial Development Zone, Inner Mongolia Autonomous Region, Baotou, CHN, 014030
China Northern Rare Earth (Group) High-Tech Co Ltd is a China-based company operating in a non-ferrous metal smelting and rolling processing industry. It refines and sells rare earth minerals and resources.

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Headlines

No Headlines