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Chongqing Changan Automobile Co (SZSE:000625) Shiller PE Ratio : 20.38 (As of May. 22, 2024)


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What is Chongqing Changan Automobile Co Shiller PE Ratio?

As of today (2024-05-22), Chongqing Changan Automobile Co's current share price is ¥14.67. Chongqing Changan Automobile Co's E10 for the quarter that ended in Mar. 2024 was ¥0.72. Chongqing Changan Automobile Co's Shiller PE Ratio for today is 20.38.

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

SZSE:000625' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.64   Med: 19.41   Max: 51.28
Current: 20.38

During the past years, Chongqing Changan Automobile Co's highest Shiller PE Ratio was 51.28. The lowest was 5.64. And the median was 19.41.

SZSE:000625's Shiller PE Ratio is ranked worse than
55.66% of 830 companies
in the Vehicles & Parts industry
Industry Median: 17.71 vs SZSE:000625: 20.38

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.

Chongqing Changan Automobile Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chongqing Changan Automobile Co Shiller PE Ratio Historical Data

The historical data trend for Chongqing Changan Automobile 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.

Chongqing Changan Automobile Co Shiller PE Ratio Chart

Chongqing Changan Automobile 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 - 21.19 19.74 18.60 23.11

Chongqing Changan Automobile 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 16.43 17.99 18.29 23.11 23.45

Competitive Comparison of Chongqing Changan Automobile Co's Shiller PE Ratio

For the Auto Manufacturers subindustry, Chongqing Changan Automobile 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.


Chongqing Changan Automobile Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chongqing Changan Automobile Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Chongqing Changan Automobile Co's Shiller PE Ratio falls into.



Chongqing Changan Automobile 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.

Chongqing Changan Automobile Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.67/0.72
=20.38

* 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.

Chongqing Changan Automobile Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Chongqing Changan Automobile 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)
=0.12/115.2271*115.2271
=0.120

Current CPI (Mar. 2024) = 115.2271.

Chongqing Changan Automobile Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.200 98.200 0.235
201409 0.214 98.900 0.249
201412 0.247 99.000 0.287
201503 0.291 99.900 0.336
201506 0.305 99.500 0.353
201509 0.198 100.500 0.227
201512 0.374 100.600 0.428
201603 0.313 102.200 0.353
201606 0.332 101.400 0.377
201609 0.264 102.400 0.297
201612 0.291 102.600 0.327
201703 0.275 103.200 0.307
201706 0.253 103.100 0.283
201709 0.137 104.100 0.152
201712 0.152 104.500 0.168
201803 0.159 105.300 0.174
201806 0.027 104.900 0.030
201809 -0.049 106.600 -0.053
201812 -0.055 106.500 -0.060
201903 -0.242 107.700 -0.259
201906 -0.016 107.700 -0.017
201909 -0.044 109.800 -0.046
201912 0.000 111.200 0.000
202003 0.071 112.300 0.073
202006 0.225 110.400 0.235
202009 0.099 111.700 0.102
202012 -0.017 111.500 -0.018
202103 0.123 112.662 0.126
202106 0.088 111.769 0.091
202109 0.130 112.215 0.133
202112 0.058 113.108 0.059
202203 0.450 114.335 0.454
202206 0.140 114.558 0.141
202209 0.100 115.339 0.100
202212 0.090 115.116 0.090
202303 0.700 115.116 0.701
202306 0.060 114.558 0.060
202309 0.230 115.339 0.230
202312 0.140 114.781 0.141
202403 0.120 115.227 0.120

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.


Chongqing Changan Automobile Co  (SZSE:000625) 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.


Chongqing Changan Automobile Co Shiller PE Ratio Related Terms

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Chongqing Changan Automobile Co (SZSE:000625) Business Description

Traded in Other Exchanges
Address
No. 260, East Jianxin Road, Jiangbei District, Chongqing, CHN, 400023
Chongqing Changan Automobile Co Ltd is engaged in automobile manufacturing. It has 14 production bases and 33 vehicle, engine and transmission factories around the world. The company has a vast majority of engineering and technical personnel around the world and has established Chongqing, Beijing, Hebei Dingzhou, Anhui Hefei, Italy Turin, Japan Yokohama, UK Birmingham, us Detroit and Germany Munich. It has a professional automobile R&D process system and test verification system to ensure that each product can meet the needs of its users. The company has launched CS series, Eado series, UNI series and other products. In the field of intelligence, the Beidou Tianshu Plan provides users with a four-hearted car platform that is safe, happy, caring, and worry-free.

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