GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Queen's Road Capital Investment Ltd (OTCPK:BRSGF) » Definitions » E10

Queen's Road Capital Investment (Queen's Road Capital Investment) E10 : $-0.21 (As of Feb. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Queen's Road Capital Investment 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.

Queen's Road Capital Investment's adjusted earnings per share data for the three months ended in Feb. 2024 was $0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.21 for the trailing ten years ended in Feb. 2024.

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 (2024-05-03), Queen's Road Capital Investment's current stock price is $0.6795. Queen's Road Capital Investment's E10 for the quarter that ended in Feb. 2024 was $-0.21. Queen's Road Capital Investment's Shiller PE Ratio of today is .


Queen's Road Capital Investment E10 Historical Data

The historical data trend for Queen's Road Capital Investment'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.

Queen's Road Capital Investment E10 Chart

Queen's Road Capital Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.24 -0.21

Queen's Road Capital Investment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.24 -0.23 -0.21 -0.21 -0.21

Competitive Comparison of Queen's Road Capital Investment's E10

For the Asset Management subindustry, Queen's Road Capital Investment'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.


Queen's Road Capital Investment's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Queen's Road Capital Investment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Queen's Road Capital Investment's Shiller PE Ratio falls into.



Queen's Road Capital Investment 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, Queen's Road Capital Investment's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.03/117.7354*117.7354
=0.030

Current CPI (Feb. 2024) = 117.7354.

Queen's Road Capital Investment Quarterly Data

per share eps CPI Adj_EPS
201405 -0.046 96.299 -0.056
201408 -0.092 95.090 -0.114
201411 -0.044 99.487 -0.052
201502 -0.040 100.257 -0.047
201505 -0.040 99.157 -0.047
201508 -1.581 97.948 -1.900
201511 -0.007 101.686 -0.008
201602 -0.005 103.225 -0.006
201605 -0.003 101.686 -0.003
201608 -0.061 102.235 -0.070
201611 -0.002 103.005 -0.002
201702 -0.001 103.115 -0.001
201705 -0.001 103.774 -0.001
201708 0.052 104.214 0.059
201711 -0.002 104.654 -0.002
201802 -0.002 106.303 -0.002
201805 -0.002 105.973 -0.002
201808 -0.002 106.633 -0.002
201811 -0.001 107.292 -0.001
201902 -0.002 108.501 -0.002
201905 -0.001 108.831 -0.001
201908 -0.027 110.260 -0.029
201911 -0.004 110.700 -0.004
202002 -0.100 111.030 -0.106
202005 -0.002 110.700 -0.002
202008 0.041 109.820 0.044
202011 -0.020 110.260 -0.021
202102 0.150 111.469 0.158
202105 0.090 111.689 0.095
202108 0.000 111.579 0.000
202111 0.050 112.349 0.052
202202 0.010 113.338 0.010
202205 -0.040 113.118 -0.042
202208 -0.008 113.668 -0.008
202211 0.001 114.328 0.001
202302 -0.040 115.317 -0.041
202305 -0.020 115.427 -0.020
202308 0.070 115.647 0.071
202311 0.060 117.186 0.060
202402 0.030 117.735 0.030

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


Queen's Road Capital Investment  (OTCPK:BRSGF) 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.


Queen's Road Capital Investment E10 Related Terms

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


Queen's Road Capital Investment (Queen's Road Capital Investment) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, Suite 2006, Cheung Kong Centre, Hong Kong, HKG
Queen's Road Capital Investment Ltd is a resource-focused investment company. It invests in privately held and publicly traded resource companies and has one operating segment, being the selection, acquisition, and management of investments. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.

Queen's Road Capital Investment (Queen's Road Capital Investment) Headlines

No Headlines