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Bank of Chengdu Co (SHSE:601838) E10 : ¥1.85 (As of Mar. 2024)


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What is Bank of Chengdu 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 Chengdu Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.85 for the trailing ten years ended in Mar. 2024.

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 (2024-06-09), Bank of Chengdu Co's current stock price is ¥15.47. Bank of Chengdu Co's E10 for the quarter that ended in Mar. 2024 was ¥1.85. Bank of Chengdu Co's Shiller PE Ratio of today is 8.36.

During the past 13 years, the highest Shiller PE Ratio of Bank of Chengdu Co was 8.66. The lowest was 6.14. And the median was 7.19.


Bank of Chengdu Co E10 Historical Data

The historical data trend for Bank of Chengdu 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 Chengdu Co E10 Chart

Bank of Chengdu 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 - - - - 1.81

Bank of Chengdu 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 - - 1.78 1.81 1.85

Competitive Comparison of Bank of Chengdu Co's E10

For the Banks - Regional subindustry, Bank of Chengdu 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 Chengdu Co's Shiller PE Ratio Distribution in the Banks Industry

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

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



Bank of Chengdu 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 Chengdu 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)
=0.68/115.2271*115.2271
=0.680

Current CPI (Mar. 2024) = 115.2271.

Bank of Chengdu Co Quarterly Data

per share eps CPI Adj_EPS
200912 0.000 85.386 0.000
201006 0.000 85.886 0.000
201012 0.000 89.289 0.000
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
201509 0.000 100.500 0.000
201512 0.170 100.600 0.195
201609 0.220 102.400 0.248
201612 0.110 102.600 0.124
201703 0.260 103.200 0.290
201706 0.250 103.100 0.279
201709 0.360 104.100 0.398
201712 0.340 104.500 0.375
201803 0.300 105.300 0.328
201806 0.300 104.900 0.330
201809 0.350 106.600 0.378
201812 0.350 106.500 0.379
201903 0.350 107.700 0.374
201906 0.340 107.700 0.364
201909 0.420 109.800 0.441
201912 0.430 111.200 0.446
202003 0.390 112.300 0.400
202006 0.370 110.400 0.386
202009 0.400 111.700 0.413
202012 0.510 111.500 0.527
202103 0.460 112.662 0.470
202106 0.480 111.769 0.495
202109 0.480 112.215 0.493
202112 0.670 113.108 0.683
202203 0.570 114.335 0.574
202206 0.590 114.558 0.593
202209 0.560 115.339 0.559
202212 0.780 115.116 0.781
202303 0.620 115.116 0.621
202306 0.750 114.558 0.754
202309 0.610 115.339 0.609
202312 0.780 114.781 0.783
202403 0.680 115.227 0.680

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


Bank of Chengdu Co  (SHSE:601838) 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 Chengdu Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.47/1.85
=8.36

* 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 Chengdu Co was 8.66. The lowest was 6.14. And the median was 7.19.


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 Chengdu Co E10 Related Terms

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


Bank of Chengdu Co (SHSE:601838) Business Description

Traded in Other Exchanges
N/A
Address
No.16 Xiyu Street, Sichuan, Chengdu, CHN
Bank of Chengdu Co Ltd is a state-owned commercial bank. Its principal businesses include business loans, fixed assets loans, bank acceptance bills, direct discounts on bank acceptance bills, guarantees, real estate development loans and legal person account overdrafts among other services. The bank provides its services in China.
Executives
He Wei Zhong Director
Cai Bing senior management
Zhang Peng Supervisors
Zheng Jun senior management
Luo Jie senior management
Li Wan Rong senior management
Li Jin Ming senior management
Luo Zheng senior management
Wang Hui Director
Li Ai Lan Director
Yang Rong Director
Wei Xiao Ying senior management
Huang Jian Jun senior management

Bank of Chengdu Co (SHSE:601838) Headlines

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