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Jinpan International (Jinpan International) E10 : $1.11 (As of Sep. 2015)


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What is Jinpan International 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.

Jinpan International's adjusted earnings per share data for the three months ended in Sep. 2015 was $0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.11 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 (2024-05-05), Jinpan International's current stock price is $5.94. Jinpan International's E10 for the quarter that ended in Sep. 2015 was $1.11. Jinpan International's Shiller PE Ratio of today is 5.35.


Jinpan International E10 Historical Data

The historical data trend for Jinpan International'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.

Jinpan International E10 Chart

Jinpan International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.85 0.92 1.00 1.07

Jinpan International Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 1.06 1.07 1.07 1.11 1.11

Competitive Comparison of Jinpan International's E10

For the Electronic Components subindustry, Jinpan International'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.


Jinpan International's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jinpan International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jinpan International's Shiller PE Ratio falls into.



Jinpan International 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, Jinpan International'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)
=0.19/100.5000*100.5000
=0.190

Current CPI (Sep. 2015) = 100.5000.

Jinpan International Quarterly Data

per share eps CPI Adj_EPS
200512 0.105 75.666 0.139
200603 0.100 76.340 0.132
200606 0.100 76.034 0.132
200609 0.159 76.413 0.209
200612 0.191 77.793 0.247
200703 0.100 78.884 0.127
200706 0.249 79.357 0.315
200709 0.254 81.276 0.314
200712 0.420 82.911 0.509
200803 0.149 85.485 0.175
200806 0.368 85.058 0.435
200809 0.316 85.057 0.373
200812 0.421 83.956 0.504
200903 0.290 84.457 0.345
200906 0.540 83.615 0.649
200909 0.570 84.369 0.679
200912 0.378 85.386 0.445
201003 0.070 86.316 0.082
201006 0.120 85.886 0.140
201009 0.268 87.267 0.309
201012 0.366 89.289 0.412
201103 0.170 91.154 0.187
201106 0.440 91.612 0.483
201109 0.512 92.711 0.555
201112 0.342 92.885 0.370
201203 0.239 94.367 0.255
201206 0.140 93.495 0.150
201209 0.230 94.482 0.245
201212 0.230 95.237 0.243
201303 0.070 96.372 0.073
201306 0.261 95.984 0.273
201309 0.421 97.332 0.435
201312 0.251 97.624 0.258
201403 0.091 98.600 0.093
201406 0.313 98.200 0.320
201409 0.262 98.900 0.266
201412 0.245 99.000 0.249
201503 0.088 99.900 0.089
201506 0.332 99.500 0.335
201509 0.190 100.500 0.190

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


Jinpan International  (NAS:JST) 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.

Jinpan International's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.94/1.11
=5.35

* 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.


Jinpan International E10 Related Terms

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


Jinpan International (Jinpan International) Business Description

Traded in Other Exchanges
N/A
Address
Jinpan International Ltd was incorporated in the British Virgin Islands on April 3, 1997 under the International Business Companies Act of the British Virgin Islands. The Company design, manufacture and sells electrical power control and distribution equipment that are used in commercial, industrial, and infrastructural applications. Its product lines include cast resin transformers, VPI transformers, VPI line reactors, switchgears and unit substations. Its manufactures low and medium voltage switchgear products under license from Schneider. It also manufactures switchgears, Vacuum Pressure Impregnated (VPI) reactors and transformers, and unit substations. The Company offers switchgear products for general power distribution and for specialized infrastructural and industrial applications. The two main categories of dry type transformers that currently dominate the market are cast resin and open ventilated dry type transformers. Cast resin dry type transformers are predominant in Europe, Japan, and newly developed markets in Asia, including China. Open ventilated dry type transformers are widely used in North America. The Company manufactures medium and low voltage switchgear products for the China market. They use sheet metal to manufacture switchgear enclosures, coat the enclosure, and assemble switchgears using components from brand name suppliers such as Siemens and Schneider. The Company owns the rights to the trademark 'JST,' which is registered with the Trademark Bureau of the State Administration of Industry and Commerce in China.

Jinpan International (Jinpan International) Headlines

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