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Harson Trading (China) Co (SHSE:603958) Shiller PE Ratio : 34.34 (As of May. 10, 2024)


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What is Harson Trading (China) Co Shiller PE Ratio?

As of today (2024-05-10), Harson Trading (China) Co's current share price is ¥9.96. Harson Trading (China) Co's E10 for the quarter that ended in Mar. 2024 was ¥0.29. Harson Trading (China) Co's Shiller PE Ratio for today is 34.34.

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

SHSE:603958' s Shiller PE Ratio Range Over the Past 10 Years
Min: 32.28   Med: 34.66   Max: 39.28
Current: 34.34

During the past years, Harson Trading (China) Co's highest Shiller PE Ratio was 39.28. The lowest was 32.28. And the median was 34.66.

SHSE:603958's Shiller PE Ratio is ranked worse than
73.03% of 623 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.73 vs SHSE:603958: 34.34

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.

Harson Trading (China) Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.022. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harson Trading (China) Co Shiller PE Ratio Historical Data

The historical data trend for Harson Trading (China) 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.

Harson Trading (China) Co Shiller PE Ratio Chart

Harson Trading (China) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Harson Trading (China) 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 - - - - 38.90

Competitive Comparison of Harson Trading (China) Co's Shiller PE Ratio

For the Footwear & Accessories subindustry, Harson Trading (China) 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.


Harson Trading (China) Co's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Harson Trading (China) Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Harson Trading (China) Co's Shiller PE Ratio falls into.



Harson Trading (China) 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.

Harson Trading (China) Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.96/0.29
=34.34

* 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.

Harson Trading (China) Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Harson Trading (China) 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)
=0.022/114.6694*114.6694
=0.022

Current CPI (Mar. 2024) = 114.6694.

Harson Trading (China) Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201212 0.800 95.237 0.963
201312 0.870 97.624 1.022
201412 0.640 99.000 0.741
201503 0.273 99.900 0.313
201506 0.249 99.500 0.287
201509 -0.059 100.500 -0.067
201512 0.263 100.600 0.300
201603 0.205 102.200 0.230
201606 0.115 101.400 0.130
201609 -0.006 102.400 -0.007
201612 0.108 102.600 0.121
201703 0.174 103.200 0.193
201706 0.026 103.100 0.029
201709 -0.104 104.100 -0.115
201712 -0.012 104.500 -0.013
201803 0.170 105.300 0.185
201806 0.000 104.900 0.000
201809 -0.136 106.600 -0.146
201812 -0.321 106.500 -0.346
201903 0.091 107.700 0.097
201906 -0.051 107.700 -0.054
201909 -0.036 109.800 -0.038
201912 0.040 111.200 0.041
202003 -0.006 112.300 -0.006
202006 -0.104 110.400 -0.108
202009 -0.047 111.700 -0.048
202012 -0.043 111.500 -0.044
202103 0.040 112.662 0.041
202106 -0.010 111.769 -0.010
202109 -0.092 112.215 -0.094
202112 -0.030 113.108 -0.030
202203 -0.149 114.335 -0.149
202206 -0.181 114.558 -0.181
202209 -0.135 115.339 -0.134
202212 -0.240 115.116 -0.239
202303 -0.055 115.116 -0.055
202306 0.065 114.558 0.065
202309 -0.011 115.339 -0.011
202312 -0.022 114.669 -0.022
202403 0.022 114.669 0.022

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.


Harson Trading (China) Co  (SHSE:603958) 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.


Harson Trading (China) Co Shiller PE Ratio Related Terms

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Harson Trading (China) Co (SHSE:603958) Business Description

Traded in Other Exchanges
N/A
Address
No.1008,Hua'an Road, 6th Floor, Caoan Economic Development Zone, Huaqiao Tow, Kunshan, CHN, 215332
Harson Trading (China) Co Ltd is a China-based firm engaged in the brand operation, product design, production and sales of high-end leather shoes. It produces leather shoes for men and women mainly. Its brands include Harson, Kadina, Cover, Aller-A, AS, Roberta Di Camerino, Harson business, and Pikolinos.

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