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Everbright Securities Co (FRA:0EC) E10 : €0.03 (As of Mar. 2024)


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What is Everbright Securities 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.

Everbright Securities Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.017. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Everbright Securities Co's average E10 Growth Rate was 13.00% per year. During the past 3 years, the average E10 Growth Rate was 7.50% per year. During the past 5 years, the average E10 Growth Rate was 0.70% 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 Everbright Securities Co was 7.50% per year. The lowest was -5.10% per year. And the median was 1.00% per year.

As of today (2024-06-20), Everbright Securities Co's current stock price is €0.61. Everbright Securities Co's E10 for the quarter that ended in Mar. 2024 was €0.03. Everbright Securities Co's Shiller PE Ratio of today is 20.33.

During the past 13 years, the highest Shiller PE Ratio of Everbright Securities Co was 42.19. The lowest was 10.44. And the median was 21.64.


Everbright Securities Co E10 Historical Data

The historical data trend for Everbright Securities 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.

Everbright Securities Co E10 Chart

Everbright Securities 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 0.04 0.02 0.03 0.03 0.03

Everbright Securities Co 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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Everbright Securities Co's E10

For the Capital Markets subindustry, Everbright Securities 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.


Everbright Securities Co's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Everbright Securities Co's Shiller PE Ratio distribution charts can be found below:

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



Everbright Securities 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, Everbright Securities Co'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)
=0.017/117.7354*117.7354
=0.017

Current CPI (Mar. 2024) = 117.7354.

Everbright Securities Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.005 96.409 0.006
201409 0.019 97.948 0.023
201412 0.045 99.707 0.053
201503 0.066 99.927 0.078
201506 0.141 99.267 0.167
201509 0.042 99.927 0.049
201512 0.058 102.015 0.067
201603 0.021 102.785 0.024
201606 0.032 101.686 0.037
201609 0.030 102.565 0.034
201612 0.018 103.225 0.021
201703 0.017 103.335 0.019
201706 0.018 103.664 0.020
201709 0.028 103.994 0.032
201712 0.021 104.984 0.024
201803 0.021 105.973 0.023
201806 0.007 106.193 0.008
201809 0.006 106.852 0.007
201812 -0.030 107.622 -0.033
201903 0.038 108.172 0.041
201906 0.008 109.601 0.009
201909 0.018 110.260 0.019
201912 -0.047 110.700 -0.050
202003 0.031 110.920 0.033
202006 0.029 110.590 0.031
202009 0.031 107.512 0.034
202012 -0.028 109.711 -0.030
202103 0.019 111.579 0.020
202106 0.043 111.360 0.045
202109 0.026 109.051 0.028
202112 0.006 112.349 0.006
202203 0.019 113.558 0.020
202206 0.041 113.448 0.043
202209 0.037 113.778 0.038
202212 -0.009 114.548 -0.009
202303 0.026 115.427 0.027
202306 0.037 115.647 0.038
202309 0.051 116.087 0.052
202312 -0.005 117.296 -0.005
202403 0.017 117.735 0.017

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


Everbright Securities Co  (FRA:0EC) 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.

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

Shiller PE Ratio=Share Price/E10
=0.61/0.03
=20.33

* 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 13 years, the highest Shiller P/E Ratio of Everbright Securities Co was 42.19. The lowest was 10.44. And the median was 21.64.


Be Aware

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


Everbright Securities Co E10 Related Terms

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


Everbright Securities Co (FRA:0EC) Business Description

Traded in Other Exchanges
Address
12/F, 108 Gloucester Road, Everbright Centre, Wan Chai, Hong Kong, HKG
Everbright Securities Co Ltd is a China-based company is engaged in providing brokerage and investment consulting services. The Company's business includes wealth management business segment, corporate financing business segment, institutional customer business segment, investment trading business segment, asset management business segment and equity investment business segment. The company generates the majority of its revenue from wealth management business segment.

Everbright Securities Co (FRA:0EC) Headlines

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