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Shanghai Electric Group Co (SHSE:601727) E10 : ¥0.06 (As of Mar. 2024)


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What is Shanghai Electric Group 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.

Shanghai Electric Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shanghai Electric Group Co's average E10 Growth Rate was -25.00% per year. During the past 3 years, the average E10 Growth Rate was -31.70% per year. During the past 5 years, the average E10 Growth Rate was -22.80% 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 Shanghai Electric Group Co was -16.10% per year. The lowest was -31.70% per year. And the median was -26.90% per year.

As of today (2024-06-05), Shanghai Electric Group Co's current stock price is ¥3.91. Shanghai Electric Group Co's E10 for the quarter that ended in Mar. 2024 was ¥0.06. Shanghai Electric Group Co's Shiller PE Ratio of today is 65.17.

During the past 13 years, the highest Shiller PE Ratio of Shanghai Electric Group Co was 75.17. The lowest was 19.09. And the median was 28.82.


Shanghai Electric Group Co E10 Historical Data

The historical data trend for Shanghai Electric Group 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.

Shanghai Electric Group Co E10 Chart

Shanghai Electric Group 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 0.23 0.22 0.13 0.09 0.07

Shanghai Electric Group 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 0.08 0.08 0.07 0.07 0.06

Competitive Comparison of Shanghai Electric Group Co's E10

For the Specialty Industrial Machinery subindustry, Shanghai Electric 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.


Shanghai Electric Group Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Electric Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Electric Group Co's Shiller PE Ratio falls into.



Shanghai Electric 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.

For example, Shanghai Electric Group 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)
=0.002/115.2271*115.2271
=0.002

Current CPI (Mar. 2024) = 115.2271.

Shanghai Electric Group Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.049 98.200 0.057
201409 0.038 98.900 0.044
201412 0.060 99.000 0.070
201503 0.051 99.900 0.059
201506 0.060 99.500 0.069
201509 0.037 100.500 0.042
201512 0.015 100.600 0.017
201603 0.038 102.200 0.043
201606 0.059 101.400 0.067
201609 0.052 102.400 0.059
201612 0.025 102.600 0.028
201703 0.039 103.200 0.044
201706 0.074 103.100 0.083
201709 0.023 104.100 0.025
201712 0.050 104.500 0.055
201803 0.045 105.300 0.049
201806 0.075 104.900 0.082
201809 0.027 106.600 0.029
201812 0.053 106.500 0.057
201903 0.051 107.700 0.055
201906 0.068 107.700 0.073
201909 0.024 109.800 0.025
201912 0.083 111.200 0.086
202003 0.008 112.300 0.008
202006 0.093 110.400 0.097
202009 0.054 111.700 0.056
202012 0.085 111.500 0.088
202103 0.042 112.662 0.043
202106 -0.362 111.769 -0.373
202109 0.029 112.215 0.030
202112 -0.349 113.108 -0.356
202203 0.001 114.335 0.001
202206 -0.061 114.558 -0.061
202209 -0.030 115.339 -0.030
202212 -0.138 115.116 -0.138
202303 0.024 115.116 0.024
202306 0.017 114.558 0.017
202309 0.010 115.339 0.010
202312 -0.032 114.781 -0.032
202403 0.002 115.227 0.002

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


Shanghai Electric Group Co  (SHSE:601727) 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.

Shanghai Electric Group Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.91/0.06
=65.17

* 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 Shanghai Electric Group Co was 75.17. The lowest was 19.09. And the median was 28.82.


Be Aware

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


Shanghai Electric Group Co E10 Related Terms

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


Shanghai Electric Group Co (SHSE:601727) Business Description

Traded in Other Exchanges
Address
No. 110 Sichuan Middle Road, Huangpu District, Shanghai, CHN, 200002
Shanghai Electric Group Co Ltd is an integrated equipment manufacturing group specializing in industrial equipment. Its products include thermal generator sets, nuclear power units, wind power equipment, power T&D equipment, environmental protection equipment, automation equipment, elevators, rail transit, and Industrial Internet. The operating segments are energy equipment, industrial equipment, and integrated services segments, with maximum revenue from the energy equipment segment.
Executives
Li Jing senior management

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