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Central China Securities Co (FRA:21C) E10 : €0.00 (As of Mar. 2024)


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What is Central China 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.

Central China Securities Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Central China Securities Co's average E10 Growth Rate was -11.10% 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.

As of today (2024-06-24), Central China Securities Co's current stock price is €0.122. Central China Securities Co's E10 for the quarter that ended in Mar. 2024 was €0.00. Central China Securities Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Central China Securities Co was 26.06. The lowest was 19.22. And the median was 22.00.


Central China Securities Co E10 Historical Data

The historical data trend for Central China 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.

Central China Securities Co E10 Chart

Central China 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 - - - - 0.01

Central China 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 0.01 0.01 0.01 0.01 -

Competitive Comparison of Central China Securities Co's E10

For the Capital Markets subindustry, Central China 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.


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

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

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



Central China 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, Central China 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)
=0.004/117.7354*117.7354
=0.004

Current CPI (Mar. 2024) = 117.7354.

Central China Securities Co Quarterly Data

per share eps CPI Adj_EPS
201312 0.000 95.090 0.000
201406 0.011 96.409 0.013
201409 0.011 97.948 0.013
201412 0.008 99.707 0.009
201506 0.046 99.267 0.055
201509 0.013 99.927 0.015
201512 0.007 102.015 0.008
201603 0.006 102.785 0.007
201606 0.008 101.686 0.009
201609 0.011 102.565 0.013
201612 0.007 103.225 0.008
201703 0.004 103.335 0.005
201706 0.001 103.664 0.001
201709 0.008 103.994 0.009
201712 0.003 104.984 0.003
201803 0.004 105.973 0.004
201806 0.001 106.193 0.001
201809 -0.001 106.852 -0.001
201812 -0.002 107.622 -0.002
201903 0.007 108.172 0.008
201906 0.001 109.601 0.001
201909 0.003 110.260 0.003
201912 -0.008 110.700 -0.009
202003 -0.003 110.920 -0.003
202006 0.004 110.590 0.004
202009 0.001 107.512 0.001
202012 0.000 109.711 0.000
202103 0.004 111.579 0.004
202106 0.003 111.360 0.003
202109 0.008 109.051 0.009
202112 0.000 112.349 0.000
202203 0.001 113.558 0.001
202206 -0.005 113.448 -0.005
202209 0.007 113.778 0.007
202212 0.000 114.548 0.000
202303 0.003 115.427 0.003
202306 0.003 115.647 0.003
202309 0.001 116.087 0.001
202312 0.001 117.296 0.001
202403 0.004 117.735 0.004

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


Central China Securities Co  (FRA:21C) 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 Central China Securities Co was 26.06. The lowest was 19.22. And the median was 22.00.


Be Aware

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


Central China Securities Co E10 Related Terms

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


Central China Securities Co (FRA:21C) Business Description

Traded in Other Exchanges
Address
No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Central China Securities Co Ltd is a securities firm in Henan with a full-service business platform and strategic presence in China. Its principal business lines include a brokerage, which is engaged in the trading of stocks, funds, and bonds; margin financing, securities lending, and wealth management services; investment banking, which provides investment banking services including equity financing, debt financing, and financial advisory to institutional clients; investment management, which consists of asset management, direct investment, and fund management; the proprietary trading segment, which is engaged in the trading of securities and derivatives and Other business. Overseas business engage in brokerage, margin financing and Other businesses consist of the treasury function.

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