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AVIT (SZSE:300264) E10 : ¥-0.12 (As of Mar. 2024)


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What is AVIT 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.

AVIT's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥-0.028. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥-0.12 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -58.70% 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 AVIT was -58.70% per year. The lowest was -58.70% per year. And the median was -58.70% per year.

As of today (2024-06-08), AVIT's current stock price is ¥3.71. AVIT's E10 for the quarter that ended in Mar. 2024 was ¥-0.12. AVIT's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of AVIT was 794.00. The lowest was 57.63. And the median was 80.33.


AVIT E10 Historical Data

The historical data trend for AVIT'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.

AVIT E10 Chart

AVIT 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 0.01 -0.03 -0.08 -0.10 -0.12

AVIT 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 -0.10 -0.11 -0.11 -0.12 -0.12

Competitive Comparison of AVIT's E10

For the Communication Equipment subindustry, AVIT'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.


AVIT's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AVIT's Shiller PE Ratio distribution charts can be found below:

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



AVIT 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, AVIT'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)
=-0.028/115.2271*115.2271
=-0.028

Current CPI (Mar. 2024) = 115.2271.

AVIT Quarterly Data

per share eps CPI Adj_EPS
201406 -0.004 98.200 -0.005
201409 0.031 98.900 0.036
201412 0.035 99.000 0.041
201503 -0.011 99.900 -0.013
201506 -0.004 99.500 -0.005
201509 0.012 100.500 0.014
201512 0.023 100.600 0.026
201603 -0.020 102.200 -0.023
201606 0.008 101.400 0.009
201609 -0.026 102.400 -0.029
201612 0.063 102.600 0.071
201703 -0.030 103.200 -0.033
201706 -0.017 103.100 -0.019
201709 -0.013 104.100 -0.014
201712 -0.120 104.500 -0.132
201803 0.020 105.300 0.022
201806 -0.011 104.900 -0.012
201809 -0.012 106.600 -0.013
201812 0.029 106.500 0.031
201903 -0.028 107.700 -0.030
201906 -0.017 107.700 -0.018
201909 -0.028 109.800 -0.029
201912 -0.309 111.200 -0.320
202003 -0.019 112.300 -0.019
202006 -0.010 110.400 -0.010
202009 -0.007 111.700 -0.007
202012 -0.083 111.500 -0.086
202103 0.009 112.662 0.009
202106 -0.067 111.769 -0.069
202109 -0.032 112.215 -0.033
202112 -0.166 113.108 -0.169
202203 -0.030 114.335 -0.030
202206 -0.029 114.558 -0.029
202209 -0.015 115.339 -0.015
202212 -0.113 115.116 -0.113
202303 -0.028 115.116 -0.028
202306 -0.037 114.558 -0.037
202309 -0.044 115.339 -0.044
202312 -0.047 114.781 -0.047
202403 -0.028 115.227 -0.028

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


AVIT  (SZSE:300264) 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.

During the past 13 years, the highest Shiller P/E Ratio of AVIT was 794.00. The lowest was 57.63. And the median was 80.33.


Be Aware

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


AVIT E10 Related Terms

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


AVIT (SZSE:300264) Business Description

Traded in Other Exchanges
N/A
Address
15/F, Zhongyangxigu Building, Binghe Boulevard, Futian, Shenzhen, CHN, 518048
AVIT Ltd is engaged in offering system solutions and technique services to network operators. The solutions provided by the company include system design, system integration, technical training, and operation consulting. The products of the company include DVB solution, DVB application system, digital headend, and digital receiver.
Executives
Li Xiao Long Supervisors
Huang Min Executives
Zhang Hai Chuan Directors, executives
Hu Yong Supervisors
Chen Kun Jiang Director
Peng Zhong Fu Supervisors
Xiong Ke Jia Directors, executives
Li Jian Hong Securities Affairs Representative
Wu Qian Director
Li Guan Bin Director
Gao Jian Directors, executives
Zhu Wei Min Director, Securities Affairs Representative

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