GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Saigon - Hanoi Securities JSC (HSTC:SHS) » Definitions » E10

Saigon - Hanoi Securities JSC (HSTC:SHS) E10 : ₫1,339.54 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Saigon - Hanoi Securities JSC 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.

Saigon - Hanoi Securities JSC's adjusted earnings per share data for the three months ended in Mar. 2024 was ₫438.173. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₫1,339.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saigon - Hanoi Securities JSC's average E10 Growth Rate was 10.00% 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.

As of today (2024-05-26), Saigon - Hanoi Securities JSC's current stock price is ₫18600.00. Saigon - Hanoi Securities JSC's E10 for the quarter that ended in Mar. 2024 was ₫1,339.54. Saigon - Hanoi Securities JSC's Shiller PE Ratio of today is 13.89.

During the past 13 years, the highest Shiller PE Ratio of Saigon - Hanoi Securities JSC was 38.95. The lowest was 5.46. And the median was 13.56.


Saigon - Hanoi Securities JSC E10 Historical Data

The historical data trend for Saigon - Hanoi Securities JSC'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.

Saigon - Hanoi Securities JSC E10 Chart

Saigon - Hanoi Securities JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 750.37 1,196.25 1,300.70

Saigon - Hanoi Securities JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1,218.22 1,246.60 1,285.65 1,300.70 1,339.54

Competitive Comparison of Saigon - Hanoi Securities JSC's E10

For the Asset Management subindustry, Saigon - Hanoi Securities JSC'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.


Saigon - Hanoi Securities JSC's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Saigon - Hanoi Securities JSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Saigon - Hanoi Securities JSC's Shiller PE Ratio falls into.



Saigon - Hanoi Securities JSC 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, Saigon - Hanoi Securities JSC'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)
=438.173/131.7762*131.7762
=438.173

Current CPI (Mar. 2024) = 131.7762.

Saigon - Hanoi Securities JSC Quarterly Data

per share eps CPI Adj_EPS
201406 20.013 100.560 26.226
201409 191.027 100.428 250.656
201412 -62.210 99.070 -82.748
201503 35.886 99.621 47.469
201506 50.241 100.684 65.756
201509 40.671 100.392 53.386
201512 226.886 99.792 299.604
201603 36.185 100.470 47.460
201606 78.053 101.688 101.148
201609 20.934 101.861 27.082
201612 123.723 101.863 160.056
201703 135.171 102.862 173.167
201706 314.901 103.349 401.517
201709 298.752 104.136 378.049
201712 356.620 104.011 451.817
201803 509.324 105.290 637.450
201806 112.144 106.317 138.999
201809 339.049 106.507 419.491
201812 311.295 105.998 387.001
201903 213.031 107.251 261.746
201906 99.014 108.070 120.734
201909 188.652 108.329 229.484
201912 64.509 108.420 78.406
202003 84.387 108.902 102.112
202006 397.183 108.767 481.204
202009 351.197 109.815 421.431
202012 876.429 109.897 1,050.918
202103 681.030 111.754 803.043
202106 1,184.860 114.631 1,362.073
202109 1,189.000 115.734 1,353.807
202112 1,750.000 117.630 1,960.464
202203 527.579 121.301 573.139
202206 -913.000 125.017 -962.364
202209 172.000 125.227 180.996
202212 242.000 125.222 254.667
202303 50.328 127.348 52.078
202306 173.000 128.729 177.096
202309 245.000 129.860 248.616
202312 220.000 129.419 224.006
202403 438.173 131.776 438.173

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


Saigon - Hanoi Securities JSC  (HSTC:SHS) 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.

Saigon - Hanoi Securities JSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18600.00/1339.54
=13.89

* 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 Saigon - Hanoi Securities JSC was 38.95. The lowest was 5.46. And the median was 13.56.


Be Aware

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


Saigon - Hanoi Securities JSC E10 Related Terms

Thank you for viewing the detailed overview of Saigon - Hanoi Securities JSC's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Saigon - Hanoi Securities JSC (HSTC:SHS) Business Description

Traded in Other Exchanges
N/A
Address
Dao Duy Anh Building, 1st Floor, Dong Da, Hanoi, VNM
Saigon - Hanoi Securities JSC is engaged in the trading of securities and the offering of investment services.

Saigon - Hanoi Securities JSC (HSTC:SHS) Headlines

No Headlines