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Jade Bird Fire Co (SZSE:002960) E10 : ¥0.99 (As of Mar. 2024)


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What is Jade Bird Fire 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.

Jade Bird Fire Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was ¥0.897. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.99 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 5.60% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Jade Bird Fire Co was 5.60% per year. The lowest was 5.60% per year. And the median was 5.60% per year.

As of today (2024-05-26), Jade Bird Fire Co's current stock price is ¥ 14.39. Jade Bird Fire Co's E10 for the fiscal year that ended in Dec. 2023 was ¥0.99. Jade Bird Fire Co's Shiller PE Ratio of today is 14.54.

During the past 13 years, the highest Shiller PE Ratio of Jade Bird Fire Co was 29.40. The lowest was 11.56. And the median was 20.31.


Jade Bird Fire Co E10 Historical Data

The historical data trend for Jade Bird Fire 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.

Jade Bird Fire Co E10 Chart

Jade Bird Fire 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 - 0.84 0.93 1.00 0.99

Jade Bird Fire 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 - - - 0.99 -

Competitive Comparison of Jade Bird Fire Co's E10

For the Security & Protection Services subindustry, Jade Bird Fire 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.


Jade Bird Fire Co's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Jade Bird Fire Co's Shiller PE Ratio distribution charts can be found below:

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



Jade Bird Fire 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, Jade Bird Fire Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.897/114.7809*114.7809
=0.897

Current CPI (Dec. 2023) = 114.7809.

Jade Bird Fire Co Annual Data

per_share_eps CPI Adj_EPS
201412 0.986 99.000 1.143
201512 1.331 100.600 1.519
201612 0.621 102.600 0.695
201712 0.703 104.500 0.772
201812 0.750 106.500 0.808
201912 0.711 111.200 0.734
202012 0.972 111.500 1.001
202112 1.147 113.108 1.164
202212 1.153 115.116 1.150
202312 0.897 114.781 0.897

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


Jade Bird Fire Co  (SZSE:002960) 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.

Jade Bird Fire Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.39/0.99
=14.54

* 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 Jade Bird Fire Co was 29.40. The lowest was 11.56. And the median was 20.31.


Be Aware

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


Jade Bird Fire Co E10 Related Terms

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


Jade Bird Fire Co (SZSE:002960) Business Description

Traded in Other Exchanges
N/A
Address
No. 207 Chengfu Road, Beida Jade Bird Hous, Haidian District, Beijing, CHN, 100871
Jade Bird Fire Co Ltd is engaged in the research, development, production, and sales of fire safety system products. The company's products are mainly used in national key projects such as Zhongnanhai, the Beijing Olympic Games, the Shanghai World Expo, etc.
Executives
Cai Wei Min Director
Zhang Qian Shan Directors, executives
Kang Ya Zhen Directors, executives
Gao Jun Yan Directors, executives
Lu Wen Hao Executives
Zhou Zi An Executives
Wang Guo Qiang Supervisors

Jade Bird Fire Co (SZSE:002960) Headlines

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