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Zensun Enterprises (HKSE:00185) E10 : HK$0.12 (As of Jun. 2023)


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What is Zensun Enterprises E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Zensun Enterprises's adjusted earnings per share data for the fiscal year that ended in Dec. 2022 was HK$-1.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.12 for the trailing ten years ended in Dec. 2022.

During the past 3 years, the average E10 Growth Rate was -19.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Zensun Enterprises was 26.30% per year. The lowest was -43.90% per year. And the median was -26.30% per year.

As of today (2024-05-18), Zensun Enterprises's current stock price is HK$ 0.33. Zensun Enterprises's E10 for the fiscal year that ended in Dec. 2022 was HK$0.12. Zensun Enterprises's Shiller PE Ratio of today is 2.75.

During the past 13 years, the highest Shiller PE Ratio of Zensun Enterprises was 163.33. The lowest was 1.23. And the median was 21.95.


Zensun Enterprises E10 Historical Data

The historical data trend for Zensun Enterprises's E10 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.

Zensun Enterprises E10 Chart

Zensun Enterprises Annual Data
Trend Mar13 Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 0.23 0.19 0.20 0.12

Zensun Enterprises Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
E10 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 - 0.20 - 0.12 -

Competitive Comparison of Zensun Enterprises's E10

For the Real Estate - Development subindustry, Zensun Enterprises'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.


Zensun Enterprises's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zensun Enterprises's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Zensun Enterprises's Shiller PE Ratio falls into.



Zensun Enterprises E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Zensun Enterprises's adjusted earnings per share data for the fiscal year that ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-1.72/114.5475*114.5475
=-1.720

Current CPI (Dec. 2022) = 114.5475.

Zensun Enterprises Annual Data

per_share_eps CPI Adj_EPS
201303 0.096 92.122 0.119
201403 -0.115 95.749 -0.138
201503 -0.141 99.927 -0.162
201612 -0.097 103.225 -0.108
201712 0.252 104.984 0.275
201812 0.056 107.622 0.060
201912 1.655 110.700 1.713
202012 0.835 109.711 0.872
202112 0.256 112.349 0.261
202212 -1.720 114.548 -1.720

Add all the adjusted EPS together and divide 10 will get our e10.


Zensun Enterprises  (HKSE:00185) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Zensun Enterprises's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.33/0.12
=2.75

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Zensun Enterprises was 163.33. The lowest was 1.23. And the median was 21.95.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Zensun Enterprises E10 Related Terms

Thank you for viewing the detailed overview of Zensun Enterprises's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Zensun Enterprises (HKSE:00185) Business Description

Traded in Other Exchanges
Address
40-44 Wyndham Street, 24th Floor, Wyndham Commercial Centre, Hong Kong, HKG
Zensun Enterprises Ltd is an investment holding company. The group operates through the following segments namely Property development in the PRC, Property investment and management in the USA in AHR and, Property investment other than AHR, Securities trading and investment and Hotel operations in the PRC, Project management, and sales services. It generates maximum revenue from Property development in the PRC. Geographically, it has operations in the PRC, Hong Kong, the USA, Singapore.

Zensun Enterprises (HKSE:00185) Headlines

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