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China Evergrande Group (China Evergrande Group) E10 : $-0.05 (As of Jun. 2023)


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What is China Evergrande Group 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.

China Evergrande Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2022 was $-1.151. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.05 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of China Evergrande Group was 17.30% per year. The lowest was 17.30% per year. And the median was 17.30% per year.

As of today (2024-05-24), China Evergrande Group's current stock price is $ 0.012. China Evergrande Group's E10 for the fiscal year that ended in Dec. 2022 was $-0.05. China Evergrande Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of China Evergrande Group was 35.00. The lowest was 1.10. And the median was 15.45.


China Evergrande Group E10 Historical Data

The historical data trend for China Evergrande Group'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.

China Evergrande Group E10 Chart

China Evergrande Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.17 0.16 -0.39 -0.05

China Evergrande Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - -0.39 - -0.05 -

Competitive Comparison of China Evergrande Group's E10

For the Real Estate - Development subindustry, China Evergrande Group'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.


China Evergrande Group's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Evergrande Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Evergrande Group's Shiller PE Ratio falls into.



China Evergrande Group 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, China Evergrande Group'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)
=-1.151/115.1156*115.1156
=-1.151

Current CPI (Dec. 2022) = 115.1156.

China Evergrande Group Annual Data

per_share_eps CPI Adj_EPS
201312 0.129 97.624 0.152
201412 0.137 99.000 0.159
201512 0.109 100.600 0.125
201612 0.053 102.600 0.059
201712 0.272 104.500 0.300
201812 0.402 106.500 0.435
201912 0.186 111.200 0.193
202012 0.093 111.500 0.096
202112 -5.653 113.108 -5.753
202212 -1.151 115.116 -1.151

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


China Evergrande Group  (OTCPK:EGRNF) 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 China Evergrande Group was 35.00. The lowest was 1.10. And the median was 15.45.


Be Aware

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


China Evergrande Group E10 Related Terms

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


China Evergrande Group (China Evergrande Group) Business Description

Traded in Other Exchanges
Address
Number. 78 Huangpu Avenue West, Tianhe District, Guangdong Province, Guangzhou, CHN, 510620
China Evergrande Group is a large real estate developer. In 2019, it was ranked in third place by sales value among developers in China. It has projects in more than 200 cities across China and property development accounts for 90% of earnings. The firm also has interests in banking, insurance, tourism, and healthcare. Evergrande was listed in Hong Kong in late 2009. The company is in the process of spinning off its real estate business into a Shenzhen-listed entity. Free float is 25%, with the company's founder Hui Ka Yan holding the remaining share.