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.
Chongqing Taiji Industry (Group) Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.41 for the trailing ten years ended in Mar. 2024.
During the past 12 months, Chongqing Taiji Industry (Group) Co's average E10 Growth Rate was 51.90% per year.
During the past 3 years, the average E10 Growth Rate was 22.80% per year.
During the past 5 years, the average E10 Growth Rate was 17.10% 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 Chongqing Taiji Industry (Group) Co was 22.80% per year. The lowest was -57.50% per year. And the median was 0.00% per year.
* 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.
Competitive Comparison of Chongqing Taiji Industry (Group) Co's E10
For the Drug Manufacturers - Specialty & Generic subindustry, Chongqing Taiji Industry (Group) 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.
Chongqing Taiji Industry (Group) Co's Shiller PE Ratio Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Chongqing Taiji Industry (Group) Co's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Chongqing Taiji Industry (Group) Co's Shiller PE Ratio falls into.
Chongqing Taiji Industry (Group) 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.
Chongqing Taiji Industry (Group) Co Quarterly Data
per share eps
CPI
Adj_EPS
201406
0.040
98.200
0.047
201409
-0.002
98.900
-0.002
201412
-0.701
99.000
-0.816
201503
0.048
99.900
0.055
201506
0.374
99.500
0.433
201509
0.053
100.500
0.061
201512
0.065
100.600
0.074
201603
2.154
102.200
2.429
201606
0.106
101.400
0.120
201609
-0.080
102.400
-0.090
201612
-0.170
102.600
-0.191
201703
0.005
103.200
0.006
201706
0.076
103.100
0.085
201709
0.099
104.100
0.110
201712
0.047
104.500
0.052
201803
0.020
105.300
0.022
201806
0.080
104.900
0.088
201809
0.170
106.600
0.184
201812
-0.130
106.500
-0.141
201903
0.190
107.700
0.203
201906
-0.030
107.700
-0.032
201909
0.060
109.800
0.063
201912
-0.350
111.200
-0.363
202003
-0.060
112.300
-0.062
202006
0.080
110.400
0.083
202009
0.010
111.700
0.010
202012
0.090
111.500
0.093
202103
0.040
112.662
0.041
202106
0.100
111.769
0.103
202109
0.310
112.215
0.318
202112
-1.390
113.108
-1.416
202203
0.040
114.335
0.040
202206
0.190
114.558
0.191
202209
0.230
115.339
0.230
202212
0.180
115.116
0.180
202303
0.420
115.116
0.420
202306
0.600
114.558
0.604
202309
0.340
115.339
0.340
202312
0.120
114.781
0.120
202403
0.440
115.227
0.440
Add all the adjusted EPS together and divide 10 will get our e10.
Chongqing Taiji Industry (Group) Co (SHSE:600129) 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.
Chongqing Taiji Industry (Group) Co's Shiller P/E Ratio of today is calculated as
* 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 Chongqing Taiji Industry (Group) Co was 941.00. The lowest was 52.19. And the median was 110.73.
Be Aware
Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.
Chongqing Taiji Industry (Group) Co E10 Related Terms
Thank you for viewing the detailed overview of Chongqing Taiji Industry (Group) Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.
Chongqing Taiji Industry (Group) Co (SHSE:600129) Business Description
Chongqing Taiji Industry Group is a China-based company engaged in the production and sales of Chinese and Western medicines. It is also engaged in the cultivation of medicinal herbs. Its products mainly include capsules, syrup, oral liquid, lyophilized series, tablets, infusion series, and injections. The company mainly conducts its business in domestic and overseas markets.
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