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China Health Group (HKSE:00673) E10 : HK$-0.29 (As of Sep. 2023)


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What is China Health Group 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.

China Health Group's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was HK$-0.099. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$-0.29 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average E10 Growth Rate was 27.80% 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 China Health Group was 73.90% per year. The lowest was -68.30% per year. And the median was 17.70% per year.

As of today (2024-05-24), China Health Group's current stock price is HK$ 0.97. China Health Group's E10 for the fiscal year that ended in Mar. 2023 was HK$-0.29. China Health Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of China Health Group was 36.50. The lowest was 11.25. And the median was 26.75.


China Health Group E10 Historical Data

The historical data trend for China Health Group'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.

China Health Group E10 Chart

China Health Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.25 -0.77 -0.02 0.04 -0.29

China Health Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 0.04 - -0.29 -

Competitive Comparison of China Health Group's E10

For the Medical Distribution subindustry, China Health Group'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.


China Health Group's Shiller PE Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, China Health Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Health Group's Shiller PE Ratio falls into.



China Health Group 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, China Health Group's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.099/115.4269*115.4269
=-0.099

Current CPI (Mar. 2023) = 115.4269.

China Health Group Annual Data

per_share_eps CPI Adj_EPS
201403 -1.090 95.749 -1.314
201503 -0.580 99.927 -0.670
201603 -0.269 102.785 -0.302
201703 -0.191 103.335 -0.213
201803 -0.099 105.973 -0.108
201903 -0.057 108.172 -0.061
202003 -0.089 110.920 -0.093
202103 -0.029 111.579 -0.030
202203 -0.030 113.558 -0.030
202303 -0.099 115.427 -0.099

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


China Health Group  (HKSE:00673) 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.

During the past 13 years, the highest Shiller P/E Ratio of China Health Group was 36.50. The lowest was 11.25. And the median was 26.75.


Be Aware

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


China Health Group E10 Related Terms

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


China Health Group (HKSE:00673) Business Description

Traded in Other Exchanges
N/A
Address
141 Des Voeux Road, Unit 801, 8th Floor, China Insurance Group Building, Central, Hong Kong, HKG
China Health Group Ltd is an investment holding company. It is principally engaged in the distribution and service of medical equipment and consumables, provision of hospital operation and management service, and business factoring. It operates in the business in three segments Distribution and service in medical equipment and consumables; Hospital operation and management services and Business factoring service. It derives a majority of revenue from the Distribution and service in the medical equipment and consumables segment. Geographically the group's locations are located in the PRC.
Executives
Treasure Wagon Limited 2101 Beneficial owner
Zhang Fan 2201 Interest of corporation controlled by you
Best Robust Ventures Limited 2101 Beneficial owner
Sun Chunlei 2201 Interest of corporation controlled by you
Yang Huijun 2201 Interest of corporation controlled by you
Chg Victory Limited 2301 Trustee
Coral Point Global Limited 2101 Beneficial owner
Ye Zhankun 2201 Interest of corporation controlled by you

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