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Greetec Co (BJSE:836208) E10 : ¥1.28 (As of Sep. 2024)


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What is Greetec 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.

Greetec Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was ¥2.207. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.28 for the trailing ten years ended in Dec. 2023.

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 (2025-04-09), Greetec Co's current stock price is ¥ 31.17. Greetec Co's E10 for the fiscal year that ended in Dec. 2023 was ¥1.28. Greetec Co's Shiller PE Ratio of today is 24.35.

During the past 11 years, the highest Shiller PE Ratio of Greetec Co was 36.96. The lowest was 19.25. And the median was 23.10.


Greetec Co E10 Historical Data

The historical data trend for Greetec 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.

Greetec Co E10 Chart

Greetec 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 - - - 1.07 1.28

Greetec Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 1.28 - - -

Competitive Comparison of Greetec Co's E10

For the Engineering & Construction subindustry, Greetec 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.


Greetec Co's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Greetec Co's Shiller PE Ratio distribution charts can be found below:

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


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Greetec 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, Greetec 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)
=2.207/114.7809*114.7809
=2.207

Current CPI (Dec. 2023) = 114.7809.

Greetec Co Annual Data

per_share_eps CPI Adj_EPS
201412 0.093 99.000 0.108
201512 1.236 100.600 1.410
201612 0.557 102.600 0.623
201712 0.721 104.500 0.792
201812 0.736 106.500 0.793
201912 1.407 111.200 1.452
202012 1.564 111.500 1.610
202112 1.864 113.108 1.892
202212 1.936 115.116 1.930
202312 2.207 114.781 2.207

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


Greetec Co  (BJSE:836208) 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.

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

Shiller PE Ratio=Share Price/E10
=31.17/1.28
=24.35

* 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 11 years, the highest Shiller P/E Ratio of Greetec Co was 36.96. The lowest was 19.25. And the median was 23.10.


Be Aware

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


Greetec Co E10 Related Terms

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


Greetec Co Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Chegongzhuang West Road, Room 306, 3rd Floor, Building 68, Haidian District, Beijing, CHN, 100048
Greetec Co Ltd engages in providing engineering project management technology services. Its services comprise investment decision consultation, project financing consultation, survey and design consultation, bidding procurement consultation, engineering cost consultation, engineering financial consultation, engineering supervision and construction project management services, information technology consultation, risk management consultation, post-project evaluation consultation.

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