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ZCCM Investments Holdings (ZCCM Investments Holdings) E10 : $-0.56 (As of Dec. 2022)


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What is ZCCM Investments Holdings 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.

ZCCM Investments Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2022 was $-0.869. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.56 for the trailing ten years ended in Dec. 2022.

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 (2024-05-06), ZCCM Investments Holdings's current stock price is $ 1.50. ZCCM Investments Holdings's E10 for the fiscal year that ended in Dec. 2022 was $-0.56. ZCCM Investments Holdings's Shiller PE Ratio of today is .


ZCCM Investments Holdings E10 Historical Data

The historical data trend for ZCCM Investments Holdings'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.

ZCCM Investments Holdings E10 Chart

ZCCM Investments Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.56 -0.56

ZCCM Investments Holdings Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 - - -0.56 - -0.56

Competitive Comparison of ZCCM Investments Holdings's E10

For the Other Industrial Metals & Mining subindustry, ZCCM Investments Holdings'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.


ZCCM Investments Holdings's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, ZCCM Investments Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where ZCCM Investments Holdings's Shiller PE Ratio falls into.



ZCCM Investments Holdings 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, ZCCM Investments Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.869/125.2218*125.2218
=-0.869

Current CPI (Dec. 2022) = 125.2218.

ZCCM Investments Holdings Annual Data

per_share_eps CPI Adj_EPS
201303 0.318 98.209 0.405
201403 0.114 99.695 0.143
201503 -1.911 99.621 -2.402
201603 -0.522 100.470 -0.651
201703 0.102 102.862 0.124
201803 0.117 105.290 0.139
201903 0.104 107.251 0.121
202012 0.517 109.897 0.589
202112 -2.906 117.630 -3.094
202212 -0.869 125.222 -0.869

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


ZCCM Investments Holdings  (GREY:ZCCMF) 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.


Be Aware

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


ZCCM Investments Holdings E10 Related Terms

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


ZCCM Investments Holdings (ZCCM Investments Holdings) Business Description

Traded in Other Exchanges
Address
Alick Nkhata Road, Mass Media Complex Area, P O Box 30048, Stand Number 16806, ZCCM-IH Office Park, Lusaka, ZMB, 10101
ZCCM Investments Holdings PLC is an investment holding company managing the Zambian Government's stake in the mining sector, as the Zambian Government. The company operates in four segments namely ZCCM-IH Plc, Ndola Lime Company Limited, Investrust Bank Plc, and Misenge Environmental and Technical Services Limited.

ZCCM Investments Holdings (ZCCM Investments Holdings) Headlines

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