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Sinosoft Co (SHSE:603927) E10 : ¥0.80 (As of Mar. 2024)


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What is Sinosoft 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.

Sinosoft Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.029. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sinosoft Co's average E10 Growth Rate was -3.60% 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), Sinosoft Co's current stock price is ¥18.56. Sinosoft Co's E10 for the quarter that ended in Mar. 2024 was ¥0.80. Sinosoft Co's Shiller PE Ratio of today is 23.20.

During the past 13 years, the highest Shiller PE Ratio of Sinosoft Co was 36.43. The lowest was 18.57. And the median was 25.03.


Sinosoft Co E10 Historical Data

The historical data trend for Sinosoft 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.

Sinosoft Co E10 Chart

Sinosoft 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 - - 0.82 0.85 0.84

Sinosoft 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 0.83 0.84 0.82 0.84 0.80

Competitive Comparison of Sinosoft Co's E10

For the Software - Application subindustry, Sinosoft 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.


Sinosoft Co's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Sinosoft Co's Shiller PE Ratio distribution charts can be found below:

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



Sinosoft 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, Sinosoft 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)
=0.029/115.2271*115.2271
=0.029

Current CPI (Mar. 2024) = 115.2271.

Sinosoft Co Quarterly Data

per share eps CPI Adj_EPS
201006 0.120 85.886 0.161
201012 0.430 89.289 0.555
201106 0.230 91.612 0.289
201112 0.205 92.885 0.254
201206 0.340 93.495 0.419
201212 0.202 95.237 0.244
201306 0.230 95.984 0.276
201312 0.410 97.624 0.484
201406 0.090 98.200 0.106
201412 0.300 99.000 0.349
201506 0.140 99.500 0.162
201512 0.300 100.600 0.344
201612 0.000 102.600 0.000
201706 0.180 103.100 0.201
201709 0.077 104.100 0.085
201712 0.146 104.500 0.161
201803 0.020 105.300 0.022
201809 -0.128 106.600 -0.138
201812 0.388 106.500 0.420
201903 0.020 107.700 0.021
201906 0.153 107.700 0.164
201909 0.036 109.800 0.038
201912 0.306 111.200 0.317
202003 -0.026 112.300 -0.027
202006 0.185 110.400 0.193
202009 0.087 111.700 0.090
202012 0.321 111.500 0.332
202103 0.007 112.662 0.007
202106 0.200 111.769 0.206
202109 0.136 112.215 0.140
202112 0.350 113.108 0.357
202203 0.007 114.335 0.007
202206 0.186 114.558 0.187
202209 0.179 115.339 0.179
202212 0.400 115.116 0.400
202303 0.029 115.116 0.029
202306 0.229 114.558 0.230
202309 0.193 115.339 0.193
202312 0.343 114.781 0.344
202403 0.029 115.227 0.029

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


Sinosoft Co  (SHSE:603927) 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.

Sinosoft Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.56/0.8
=23.20

* 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 Sinosoft Co was 36.43. The lowest was 18.57. And the median was 25.03.


Be Aware

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


Sinosoft Co E10 Related Terms

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


Sinosoft Co (SHSE:603927) Business Description

Traded in Other Exchanges
N/A
Address
Building 6, Xinkexiangyuan,, Zhongguancun, Haidian District, Beijing, CHN, 100190
Sinosoft Co Ltd operates as a software developer and solutions provider. The companies software is actively used in many industries such as medical, energy, civil aviation, government and others. Further, it provides overall planning, technical support, supervision, training and consulting services.
Executives
Sun Xi Jie Directors, senior managers
Xie Zhong Yang senior management
Cai Hong senior management
Wang Xin senior management
Sun Jing senior management
Xing Li Directors, senior managers
Zhang Zhi Hua senior management
Zuo Chun Directors, senior managers
Wang Wan Cheng senior management
Zhang Wei Directors, senior managers
Zhang Tian Ban Supervisors
Liang Geng Director
Zhong Hua Director

Sinosoft Co (SHSE:603927) Headlines

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