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Shenzhen Investment Holdings Bay Area Development Co (HKSE:00737) E10 : HK$0.24 (As of Dec. 2023)


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What is Shenzhen Investment Holdings Bay Area Development Co 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.

Shenzhen Investment Holdings Bay Area Development Co's adjusted earnings per share data for the three months ended in Dec. 2023 was HK$0.068. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.24 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -5.00% per year. During the past 5 years, the average E10 Growth Rate was -5.90% per year. During the past 10 years, the average E10 Growth Rate was -6.60% 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 Shenzhen Investment Holdings Bay Area Development Co was 2.40% per year. The lowest was -9.10% per year. And the median was -5.50% per year.

As of today (2024-06-12), Shenzhen Investment Holdings Bay Area Development Co's current stock price is HK$1.80. Shenzhen Investment Holdings Bay Area Development Co's E10 for the quarter that ended in Dec. 2023 was HK$0.24. Shenzhen Investment Holdings Bay Area Development Co's Shiller PE Ratio of today is 7.50.

During the past 13 years, the highest Shiller PE Ratio of Shenzhen Investment Holdings Bay Area Development Co was 9.42. The lowest was 5.79. And the median was 7.52.


Shenzhen Investment Holdings Bay Area Development Co E10 Historical Data

The historical data trend for Shenzhen Investment Holdings Bay Area Development Co'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.

Shenzhen Investment Holdings Bay Area Development Co E10 Chart

Shenzhen Investment Holdings Bay Area Development Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.28 0.27 0.24 0.24

Shenzhen Investment Holdings Bay Area Development Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 0.24 - - 0.24 -

Competitive Comparison of Shenzhen Investment Holdings Bay Area Development Co's E10

For the Infrastructure Operations subindustry, Shenzhen Investment Holdings Bay Area Development 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.


Shenzhen Investment Holdings Bay Area Development Co's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Investment Holdings Bay Area Development Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Investment Holdings Bay Area Development Co's Shiller PE Ratio falls into.



Shenzhen Investment Holdings Bay Area Development Co 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, Shenzhen Investment Holdings Bay Area Development Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.068/117.2957*117.2957
=0.068

Current CPI (Dec. 2023) = 117.2957.

Shenzhen Investment Holdings Bay Area Development Co Quarterly Data

per share eps CPI Adj_EPS
0.000 0.000
200206 0.236 74.523 0.371
200306 0.233 72.135 0.379
200406 0.246 72.036 0.401
200506 0.291 72.774 0.469
200606 0.374 74.313 0.590
200706 0.465 75.302 0.724
200806 0.767 79.919 1.126
200906 0.405 79.260 0.599
200912 0.170 80.799 0.247
201006 0.151 81.568 0.217
201012 0.165 83.217 0.233
201106 0.174 86.185 0.237
201112 0.193 87.944 0.257
201206 0.152 89.373 0.199
201212 0.128 91.132 0.165
201306 0.096 93.001 0.121
201312 0.129 95.090 0.159
201406 0.098 96.409 0.119
201412 0.106 99.707 0.125
201506 0.105 99.267 0.124
201512 0.098 102.015 0.113
201606 0.100 101.686 0.115
201612 0.097 103.225 0.110
201706 0.132 103.664 0.149
201712 0.138 104.984 0.154
201806 0.117 106.193 0.129
201812 0.112 107.622 0.122
201906 0.112 109.601 0.120
201912 0.111 110.700 0.118
202006 -0.041 110.590 -0.043
202012 0.309 109.711 0.330
202106 0.112 111.360 0.118
202112 0.169 112.349 0.176
202206 0.078 113.448 0.081
202209 0.026 113.778 0.027
202212 0.001 114.548 0.001
202306 0.061 115.647 0.062
202309 0.057 116.087 0.058
202312 0.068 117.296 0.068

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


Shenzhen Investment Holdings Bay Area Development Co  (HKSE:00737) 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.

Shenzhen Investment Holdings Bay Area Development Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.80/0.24
=7.50

* 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 Shenzhen Investment Holdings Bay Area Development Co was 9.42. The lowest was 5.79. And the median was 7.52.


Be Aware

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


Shenzhen Investment Holdings Bay Area Development Co E10 Related Terms

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Shenzhen Investment Holdings Bay Area Development Co (HKSE:00737) Business Description

Traded in Other Exchanges
Address
30 Harbour Road, Rooms 4902-4916, 49th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Shenzhen Investment Holdings Bay Area Development Co Ltd is an investment holding company that is engaged in the initiation, promotion, development, and operation of toll expressways and bridges in China. The company manages its business in four segments namely Guangzhou-Shenzhen Superhighway, Guangzhou-Zhuhai West Superhighway, Coastal Expressway, and Xintang Interchange. It generates most of the revenue from the Guangzhou-Shenzhen Superhighway segment.

Shenzhen Investment Holdings Bay Area Development Co (HKSE:00737) Headlines

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