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Zhejiang Huatong Meat Products Co (SZSE:002840) Shiller PE Ratio : 1,174.00 (As of May. 12, 2024)


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What is Zhejiang Huatong Meat Products Co Shiller PE Ratio?

As of today (2024-05-12), Zhejiang Huatong Meat Products Co's current share price is ¥23.48. Zhejiang Huatong Meat Products Co's E10 for the quarter that ended in Mar. 2024 was ¥0.02. Zhejiang Huatong Meat Products Co's Shiller PE Ratio for today is 1,174.00.

The historical rank and industry rank for Zhejiang Huatong Meat Products Co's Shiller PE Ratio or its related term are showing as below:

SZSE:002840' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1044   Med: 1068.5   Max: 1267.47
Current: 1267.47

During the past years, Zhejiang Huatong Meat Products Co's highest Shiller PE Ratio was 1267.47. The lowest was 1044.00. And the median was 1068.50.

SZSE:002840's Shiller PE Ratio is ranked worse than
99.81% of 1078 companies
in the Consumer Packaged Goods industry
Industry Median: 18.98 vs SZSE:002840: 1267.47

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.

Zhejiang Huatong Meat Products Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥-0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥0.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Huatong Meat Products Co Shiller PE Ratio Historical Data

The historical data trend for Zhejiang Huatong Meat Products 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.

Zhejiang Huatong Meat Products Co Shiller PE Ratio Chart

Zhejiang Huatong Meat Products Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Zhejiang Huatong Meat Products 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 - - - - 1,143.86

Competitive Comparison of Zhejiang Huatong Meat Products Co's Shiller PE Ratio

For the Packaged Foods subindustry, Zhejiang Huatong Meat Products 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.


Zhejiang Huatong Meat Products Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhejiang Huatong Meat Products Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Huatong Meat Products Co's Shiller PE Ratio falls into.



Zhejiang Huatong Meat Products 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.

Zhejiang Huatong Meat Products Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.48/0.02
=1,174.00

* 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.

Zhejiang Huatong Meat Products Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Zhejiang Huatong Meat Products 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)
=-0.26/114.6694*114.6694
=-0.260

Current CPI (Mar. 2024) = 114.6694.

Zhejiang Huatong Meat Products Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201112 -0.120 92.885 -0.148
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201403 0.033 98.600 0.038
201412 0.000 99.000 0.000
201509 0.067 100.500 0.076
201512 0.100 100.600 0.114
201603 0.046 102.200 0.052
201606 0.075 101.400 0.085
201609 0.079 102.400 0.088
201612 0.088 102.600 0.098
201703 0.088 103.200 0.098
201706 0.063 103.100 0.070
201709 0.094 104.100 0.104
201712 0.074 104.500 0.081
201803 0.106 105.300 0.115
201806 0.063 104.900 0.069
201809 0.088 106.600 0.095
201812 0.119 106.500 0.128
201903 0.113 107.700 0.120
201906 0.063 107.700 0.067
201909 0.030 109.800 0.031
201912 0.100 111.200 0.103
202003 0.100 112.300 0.102
202006 0.069 110.400 0.072
202009 0.040 111.700 0.041
202012 0.080 111.500 0.082
202103 0.170 112.662 0.173
202106 0.080 111.769 0.082
202109 -0.240 112.215 -0.245
202112 -0.450 113.108 -0.456
202203 -0.190 114.335 -0.191
202206 0.070 114.558 0.070
202209 0.172 115.339 0.171
202212 0.070 115.116 0.070
202303 -0.180 115.116 -0.179
202306 -0.420 114.558 -0.420
202309 0.000 115.339 0.000
202312 -0.430 114.669 -0.430
202403 -0.260 114.669 -0.260

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.


Zhejiang Huatong Meat Products Co  (SZSE:002840) 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.


Zhejiang Huatong Meat Products Co Shiller PE Ratio Related Terms

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Zhejiang Huatong Meat Products Co (SZSE:002840) Business Description

Traded in Other Exchanges
N/A
Address
YitangGutang Industrial Zone, Zhejiang Province, Yiwu, CHN, 322005
Zhejiang Huatong Meat Products Co Ltd is a meat producing company. It is engaged in the businesses of feed processing, livestock and poultry breeding, poultry slaughter and processing of meat products. The products of the company include feed, fresh pork, raw poultry, Jinhua ham, sauce and halogen products.

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