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Bank Of Hangzhou Co (SHSE:600926) E10 : ¥1.31 (As of Mar. 2024)


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What is Bank Of Hangzhou 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.

Bank Of Hangzhou Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank Of Hangzhou Co's average E10 Growth Rate was 9.20% 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), Bank Of Hangzhou Co's current stock price is ¥13.76. Bank Of Hangzhou Co's E10 for the quarter that ended in Mar. 2024 was ¥1.31. Bank Of Hangzhou Co's Shiller PE Ratio of today is 10.50.

During the past 13 years, the highest Shiller PE Ratio of Bank Of Hangzhou Co was 15.92. The lowest was 7.67. And the median was 11.54.


Bank Of Hangzhou Co E10 Historical Data

The historical data trend for Bank Of Hangzhou 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.

Bank Of Hangzhou Co E10 Chart

Bank Of Hangzhou Co 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 - - 1.08 1.17 1.26

Bank Of Hangzhou Co 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 1.20 1.23 1.26 1.26 1.31

Competitive Comparison of Bank Of Hangzhou Co's E10

For the Banks - Regional subindustry, Bank Of Hangzhou 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.


Bank Of Hangzhou Co's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Of Hangzhou Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bank Of Hangzhou Co's Shiller PE Ratio falls into.



Bank Of Hangzhou 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, Bank Of Hangzhou Co'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)
=0.69/115.2271*115.2271
=0.690

Current CPI (Mar. 2024) = 115.2271.

Bank Of Hangzhou Co Quarterly Data

per share eps CPI Adj_EPS
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201509 0.199 100.500 0.228
201512 0.122 100.600 0.140
201603 0.265 102.200 0.299
201606 0.242 101.400 0.275
201609 0.221 102.400 0.249
201612 0.129 102.600 0.145
201703 0.257 103.200 0.287
201706 0.238 103.100 0.266
201709 0.220 104.100 0.244
201712 0.180 104.500 0.198
201803 0.300 105.300 0.328
201806 0.290 104.900 0.319
201809 0.270 106.600 0.292
201812 0.090 106.500 0.097
201903 0.350 107.700 0.374
201906 0.360 107.700 0.385
201909 0.330 109.800 0.346
201912 0.160 111.200 0.166
202003 0.420 112.300 0.431
202006 0.330 110.400 0.344
202009 0.250 111.700 0.258
202012 0.170 111.500 0.176
202103 0.380 112.662 0.389
202106 0.380 111.769 0.392
202109 0.280 112.215 0.288
202112 0.250 113.108 0.255
202203 0.440 114.335 0.443
202206 0.480 114.558 0.483
202209 0.380 115.339 0.380
202212 0.280 115.116 0.280
202303 0.570 115.116 0.571
202306 0.590 114.558 0.593
202309 0.480 115.339 0.480
202312 0.330 114.781 0.331
202403 0.690 115.227 0.690

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


Bank Of Hangzhou Co  (SHSE:600926) 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.

Bank Of Hangzhou Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.76/1.31
=10.50

* 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 Bank Of Hangzhou Co was 15.92. The lowest was 7.67. And the median was 11.54.


Be Aware

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


Bank Of Hangzhou Co E10 Related Terms

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


Bank Of Hangzhou Co (SHSE:600926) Business Description

Traded in Other Exchanges
N/A
Address
No. 46 Qingchun Road, Zhejiang Province, Xiacheng District, Hangzhou City, CHN, 310003
Bank Of Hangzhou Co Ltd provides banking products and services. It offers products and services including saving a deposit, individual housing mortgage loans, personal car mortgage loans, debit card, and private banking services. The business activities of the group are operated through China.
Executives
Gu Wei Ping Supervisors
Guo Yu senior management
Ding Feng senior management
Xu Guo Min senior management
Song Jian Bin Director
Wang Li Xiong senior management
Jiang Bo senior management
Lou Ying Supervisors
Ao Yi Fan senior management
Zhang Jing Supervisors
Ren Qin Min Supervisors
Pan Lai Fa senior management
Chen Xian Ming Supervisors

Bank Of Hangzhou Co (SHSE:600926) Headlines

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