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Jinpan International (FRA:3QN) E10 : €0.96 (As of Sep. 2015)


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What is Jinpan International 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.

Jinpan International's adjusted earnings per share data for the three months ended in Sep. 2015 was €0.169. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.96 for the trailing ten years ended in Sep. 2015.

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 (2024-05-25), Jinpan International's current stock price is €5.07. Jinpan International's E10 for the quarter that ended in Sep. 2015 was €0.96. Jinpan International's Shiller PE Ratio of today is 5.28.


Jinpan International E10 Historical Data

The historical data trend for Jinpan International'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.

Jinpan International E10 Chart

Jinpan International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.67 0.67 0.65 0.93

Jinpan International Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.83 0.93 0.96 0.96 0.96

Competitive Comparison of Jinpan International's E10

For the Electronic Components subindustry, Jinpan International'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.


Jinpan International's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jinpan International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jinpan International's Shiller PE Ratio falls into.



Jinpan International 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, Jinpan International's adjusted earnings per share data for the three months ended in Sep. 2015 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=0.169/100.5000*100.5000
=0.169

Current CPI (Sep. 2015) = 100.5000.

Jinpan International Quarterly Data

per share eps CPI Adj_EPS
200512 0.088 75.666 0.117
200603 0.083 76.340 0.109
200606 0.079 76.034 0.104
200609 0.125 76.413 0.164
200612 0.145 77.793 0.187
200703 0.075 78.884 0.096
200706 0.186 79.357 0.236
200709 0.183 81.276 0.226
200712 0.289 82.911 0.350
200803 0.096 85.485 0.113
200806 0.236 85.058 0.279
200809 0.220 85.057 0.260
200812 0.312 83.956 0.373
200903 0.222 84.457 0.264
200906 0.385 83.615 0.463
200909 0.391 84.369 0.466
200912 0.259 85.386 0.305
201003 0.052 86.316 0.061
201006 0.098 85.886 0.115
201009 0.204 87.267 0.235
201012 0.277 89.289 0.312
201103 0.121 91.154 0.133
201106 0.305 91.612 0.335
201109 0.372 92.711 0.403
201112 0.260 92.885 0.281
201203 0.181 94.367 0.193
201206 0.111 93.495 0.119
201209 0.178 94.482 0.189
201212 0.175 95.237 0.185
201303 0.054 96.372 0.056
201306 0.198 95.984 0.207
201309 0.315 97.332 0.325
201312 0.183 97.624 0.188
201403 0.066 98.600 0.067
201406 0.230 98.200 0.235
201409 0.204 98.900 0.207
201412 0.199 99.000 0.202
201503 0.081 99.900 0.081
201506 0.296 99.500 0.299
201509 0.169 100.500 0.169

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


Jinpan International  (FRA:3QN) 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.

Jinpan International's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.07/0.96
=5.28

* 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.


Be Aware

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


Jinpan International E10 Related Terms

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


Jinpan International (FRA:3QN) Business Description

Traded in Other Exchanges
N/A
Address
Jinpan International Ltd was incorporated in the British Virgin Islands on April 3, 1997 under the International Business Companies Act of the British Virgin Islands. The Company design, manufacture and sells electrical power control and distribution equipment that are used in commercial, industrial, and infrastructural applications. Its product lines include cast resin transformers, VPI transformers, VPI line reactors, switchgears and unit substations. Its manufactures low and medium voltage switchgear products under license from Schneider. It also manufactures switchgears, Vacuum Pressure Impregnated (VPI) reactors and transformers, and unit substations. The Company offers switchgear products for general power distribution and for specialized infrastructural and industrial applications. The two main categories of dry type transformers that currently dominate the market are cast resin and open ventilated dry type transformers. Cast resin dry type transformers are predominant in Europe, Japan, and newly developed markets in Asia, including China. Open ventilated dry type transformers are widely used in North America. The Company manufactures medium and low voltage switchgear products for the China market. They use sheet metal to manufacture switchgear enclosures, coat the enclosure, and assemble switchgears using components from brand name suppliers such as Siemens and Schneider. The Company owns the rights to the trademark 'JST,' which is registered with the Trademark Bureau of the State Administration of Industry and Commerce in China.

Jinpan International (FRA:3QN) Headlines

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