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Homeinns Hotel Group (Homeinns Hotel Group) E10 : $0.58 (As of Sep. 2015)


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What is Homeinns Hotel 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.

Homeinns Hotel Group's adjusted earnings per share data for the three months ended in Sep. 2015 was $0.474. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.58 for the trailing ten years ended in Sep. 2015.

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.

As of today (2024-04-26), Homeinns Hotel Group's current stock price is $35.71. Homeinns Hotel Group's E10 for the quarter that ended in Sep. 2015 was $0.58. Homeinns Hotel Group's Shiller PE Ratio of today is 61.57.


Homeinns Hotel Group E10 Historical Data

The historical data trend for Homeinns Hotel 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.

Homeinns Hotel Group E10 Chart

Homeinns Hotel Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.39 0.53 0.57

Homeinns Hotel Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.53 0.52 0.54 0.58 0.57

Competitive Comparison of Homeinns Hotel Group's E10

For the Lodging subindustry, Homeinns Hotel 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.


Homeinns Hotel Group's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Homeinns Hotel Group's Shiller PE Ratio distribution charts can be found below:

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



Homeinns Hotel 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, Homeinns Hotel Group's adjusted earnings per share data for the three months ended in Sep. 2015 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=0.474/100.5000*100.5000
=0.474

Current CPI (Sep. 2015) = 100.5000.

Homeinns Hotel Group Quarterly Data

per share eps CPI Adj_EPS
200512 0.063 75.666 0.084
200603 0.067 76.340 0.088
200606 0.035 76.034 0.046
200609 0.040 76.413 0.053
200612 0.055 77.793 0.071
200703 0.020 78.884 0.025
200706 0.080 79.357 0.101
200709 0.093 81.276 0.115
200712 -0.063 82.911 -0.076
200803 -0.198 85.485 -0.233
200806 0.029 85.058 0.034
200809 0.117 85.057 0.138
200812 0.240 83.956 0.287
200903 -0.059 84.457 -0.070
200906 0.205 83.615 0.246
200909 0.290 84.369 0.345
200912 0.693 85.386 0.816
201003 0.158 86.316 0.184
201006 0.466 85.886 0.545
201009 0.507 87.267 0.584
201012 0.110 89.289 0.124
201103 0.110 91.154 0.121
201106 0.263 91.612 0.289
201109 0.097 92.711 0.105
201112 -0.695 92.885 -0.752
201203 -0.361 94.367 -0.384
201206 0.116 93.495 0.125
201209 0.117 94.482 0.124
201212 0.024 95.237 0.025
201303 -0.068 96.372 -0.071
201306 0.274 95.984 0.287
201309 0.379 97.332 0.391
201312 0.312 97.624 0.321
201403 0.016 98.600 0.016
201406 0.363 98.200 0.372
201409 0.701 98.900 0.712
201412 0.284 99.000 0.288
201503 -0.125 99.900 -0.126
201506 0.242 99.500 0.244
201509 0.474 100.500 0.474

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


Homeinns Hotel Group  (NAS:HMIN) 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.

Homeinns Hotel Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=35.71/0.58
=61.57

* 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.


Be Aware

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


Homeinns Hotel Group E10 Related Terms

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


Homeinns Hotel Group (Homeinns Hotel Group) Business Description

Traded in Other Exchanges
N/A
Address
Homeinns Hotel Group was incorporated in the Cayman Islands on May 2006. The Company develops and operates economy hotels across China under its "Home Inn", "Yitel" and its recently acquired "Motel 168" brands. As of December 31, 2013, the Company had 2,180 hotels in operation, including 872 leased-and-operated hotels and 1,308 franchised-and-managed hotels, with approximately 256,555 rooms located in 287 cities across China, and an additional 161 hotels under development. It competes with other economy hotel chains, such as Jinjiang Star, 7 Days Inn, Han Ting, Green Tree Inn and Super 8, as well as various regional and local economy hotel chains.

Homeinns Hotel Group (Homeinns Hotel Group) Headlines

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