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Tangshan Jidong Cement Co (SZSE:000401) Shiller PE Ratio : 8.51 (As of May. 11, 2024)


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What is Tangshan Jidong Cement Co Shiller PE Ratio?

As of today (2024-05-11), Tangshan Jidong Cement Co's current share price is ¥5.19. Tangshan Jidong Cement Co's E10 for the quarter that ended in Mar. 2024 was ¥0.61. Tangshan Jidong Cement Co's Shiller PE Ratio for today is 8.51.

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

SZSE:000401' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.26   Med: 22.97   Max: 68.81
Current: 8.51

During the past years, Tangshan Jidong Cement Co's highest Shiller PE Ratio was 68.81. The lowest was 8.26. And the median was 22.97.

SZSE:000401's Shiller PE Ratio is ranked better than
75.95% of 262 companies
in the Building Materials industry
Industry Median: 14.26 vs SZSE:000401: 8.51

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.

Tangshan Jidong Cement Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥-0.413. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tangshan Jidong Cement Co Shiller PE Ratio Historical Data

The historical data trend for Tangshan Jidong Cement 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.

Tangshan Jidong Cement Co Shiller PE Ratio Chart

Tangshan Jidong Cement 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 29.82 22.68 18.29 11.78 10.48

Tangshan Jidong Cement 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 12.32 10.59 11.21 10.48 8.86

Competitive Comparison of Tangshan Jidong Cement Co's Shiller PE Ratio

For the Building Materials subindustry, Tangshan Jidong Cement 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.


Tangshan Jidong Cement Co's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tangshan Jidong Cement Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tangshan Jidong Cement Co's Shiller PE Ratio falls into.



Tangshan Jidong Cement 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.

Tangshan Jidong Cement Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.19/0.61
=8.51

* 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.

Tangshan Jidong Cement Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Tangshan Jidong Cement 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)
=-0.413/114.6694*114.6694
=-0.413

Current CPI (Mar. 2024) = 114.6694.

Tangshan Jidong Cement Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.187 98.200 0.218
201409 0.145 98.900 0.168
201412 0.011 99.000 0.013
201503 -0.445 99.900 -0.511
201506 0.592 99.500 0.682
201509 -0.595 100.500 -0.679
201512 -0.825 100.600 -0.940
201603 -0.597 102.200 -0.670
201606 -0.091 101.400 -0.103
201609 0.353 102.400 0.395
201612 0.376 102.600 0.420
201703 -0.274 103.200 -0.304
201706 0.191 103.100 0.212
201709 0.433 104.100 0.477
201712 -0.122 104.500 -0.134
201803 -0.432 105.300 -0.470
201806 1.115 104.900 1.219
201809 0.665 106.600 0.715
201812 0.062 106.500 0.067
201903 0.033 107.700 0.035
201906 0.999 107.700 1.064
201909 0.704 109.800 0.735
201912 0.117 111.200 0.121
202003 -0.246 112.300 -0.251
202006 0.951 110.400 0.988
202009 0.774 111.700 0.795
202012 0.507 111.500 0.521
202103 -0.076 112.662 -0.077
202106 0.905 111.769 0.928
202109 0.360 112.215 0.368
202112 0.521 113.108 0.528
202203 -0.088 114.335 -0.088
202206 0.506 114.558 0.506
202209 0.181 115.339 0.180
202212 -0.102 115.116 -0.102
202303 -0.298 115.116 -0.297
202306 0.159 114.558 0.159
202309 0.018 115.339 0.018
202312 -0.443 114.669 -0.443
202403 -0.413 114.669 -0.413

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.


Tangshan Jidong Cement Co  (SZSE:000401) 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.


Tangshan Jidong Cement Co Shiller PE Ratio Related Terms

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Tangshan Jidong Cement Co (SZSE:000401) Business Description

Traded in Other Exchanges
N/A
Address
Linyin Road, Fengrun District, Hebei Province, Tangshan, CHN, 064000
Tangshan Jidong Cement Co Ltd is a China-based company engages in the manufacturing and selling of cement and clinker. Its products and services include English and American standard Portland cement, road Portland cement, slag Portland cement, and compound cement as well as logistics services. Its products are mainly used in the civil engineering, hydraulic construction, national defense and other projects.

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