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Fuyao Glass Industry Group Co (SHSE:600660) Shiller PE Ratio : 31.65 (As of May. 27, 2024)


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What is Fuyao Glass Industry Group Co Shiller PE Ratio?

As of today (2024-05-27), Fuyao Glass Industry Group Co's current share price is ¥47.48. Fuyao Glass Industry Group Co's E10 for the quarter that ended in Mar. 2024 was ¥1.50. Fuyao Glass Industry Group Co's Shiller PE Ratio for today is 31.65.

The historical rank and industry rank for Fuyao Glass Industry Group Co's Shiller PE Ratio or its related term are showing as below:

SHSE:600660' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.88   Med: 23.18   Max: 51.7
Current: 31.65

During the past years, Fuyao Glass Industry Group Co's highest Shiller PE Ratio was 51.70. The lowest was 12.88. And the median was 23.18.

SHSE:600660's Shiller PE Ratio is ranked worse than
71.15% of 832 companies
in the Vehicles & Parts industry
Industry Median: 17.425 vs SHSE:600660: 31.65

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.

Fuyao Glass Industry Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ¥1.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuyao Glass Industry Group Co Shiller PE Ratio Historical Data

The historical data trend for Fuyao Glass Industry Group 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.

Fuyao Glass Industry Group Co Shiller PE Ratio Chart

Fuyao Glass Industry Group 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 19.76 39.80 37.55 25.65 25.52

Fuyao Glass Industry Group 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 25.22 25.26 25.49 25.52 28.92

Competitive Comparison of Fuyao Glass Industry Group Co's Shiller PE Ratio

For the Auto Parts subindustry, Fuyao Glass Industry Group 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.


Fuyao Glass Industry Group Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fuyao Glass Industry Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fuyao Glass Industry Group Co's Shiller PE Ratio falls into.



Fuyao Glass Industry Group 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.

Fuyao Glass Industry Group Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=47.48/1.5
=31.65

* 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.

Fuyao Glass Industry Group Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Fuyao Glass Industry Group 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)
=0.53/115.2271*115.2271
=0.530

Current CPI (Mar. 2024) = 115.2271.

Fuyao Glass Industry Group Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.280 98.200 0.329
201409 0.270 98.900 0.315
201412 0.320 99.000 0.372
201503 0.290 99.900 0.334
201506 0.250 99.500 0.290
201509 0.250 100.500 0.287
201512 0.310 100.600 0.355
201603 0.230 102.200 0.259
201606 0.350 101.400 0.398
201609 0.290 102.400 0.326
201612 0.380 102.600 0.427
201703 0.280 103.200 0.313
201706 0.270 103.100 0.302
201709 0.300 104.100 0.332
201712 0.410 104.500 0.452
201803 0.220 105.300 0.241
201806 0.520 104.900 0.571
201809 0.560 106.600 0.605
201812 0.340 106.500 0.368
201903 0.240 107.700 0.257
201906 0.360 107.700 0.385
201909 0.340 109.800 0.357
201912 0.220 111.200 0.228
202003 0.180 112.300 0.185
202006 0.200 110.400 0.209
202009 0.310 111.700 0.320
202012 0.350 111.500 0.362
202103 0.340 112.662 0.348
202106 0.360 111.769 0.371
202109 0.320 112.215 0.329
202112 0.210 113.108 0.214
202203 0.330 114.335 0.333
202206 0.580 114.558 0.583
202209 0.580 115.339 0.579
202212 0.330 115.116 0.330
202303 0.350 115.116 0.350
202306 0.740 114.558 0.744
202309 0.490 115.339 0.490
202312 0.580 114.781 0.582
202403 0.530 115.227 0.530

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.


Fuyao Glass Industry Group Co  (SHSE:600660) 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.


Fuyao Glass Industry Group Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Fuyao Glass Industry Group Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fuyao Glass Industry Group Co (SHSE:600660) Business Description

Traded in Other Exchanges
Address
Fuyao Industrial Zone II, Fujian Province, Fuqing, CHN, 350301
Fuyao Glass Industry Group Co Ltd manufactures and sells glass to be fitted in automobiles. The company is principally engaged in providing total solutions of safety glass and automotive accessories for various transportation vehicles, including the design, manufacture, and sale of automotive grade float glass, automotive glass, locomotive glass, luggage racks, vehicle window trims, and provision of relevant services. The Company's product portfolio consists of automobile glasses, such as coating glasses and others, which are applied in passenger cars, buses, limousines and others, and float glasses. The Company distributes its products within domestic markets and overseas markets. Geographically, it derives a majority of its revenue from China.
Executives
Zuo Min senior management
Lin Hou Tan Supervisors
Cao De Wang Director
He Shi Meng senior management
Cao Fang Director

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