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Zoomlion Heavy Industry Science and Technology Co (FRA:8CZ) E10 : €0.02 (As of Mar. 2024)


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What is Zoomlion Heavy Industry Science and Technology 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.

Zoomlion Heavy Industry Science and Technology Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.014. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zoomlion Heavy Industry Science and Technology Co's average E10 Growth Rate was -5.30% per year. During the past 3 years, the average E10 Growth Rate was -11.00% per year. During the past 5 years, the average E10 Growth Rate was -7.50% 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 Zoomlion Heavy Industry Science and Technology Co was 23.00% per year. The lowest was -11.00% per year. And the median was -1.30% per year.

As of today (2024-05-16), Zoomlion Heavy Industry Science and Technology Co's current stock price is €0.72. Zoomlion Heavy Industry Science and Technology Co's E10 for the quarter that ended in Mar. 2024 was €0.02. Zoomlion Heavy Industry Science and Technology Co's Shiller PE Ratio of today is 36.00.

During the past 13 years, the highest Shiller PE Ratio of Zoomlion Heavy Industry Science and Technology Co was 29.22. The lowest was 6.50. And the median was 11.43.


Zoomlion Heavy Industry Science and Technology Co E10 Historical Data

The historical data trend for Zoomlion Heavy Industry Science and Technology 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.

Zoomlion Heavy Industry Science and Technology Co E10 Chart

Zoomlion Heavy Industry Science and Technology 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 0.06 0.05 0.03 0.03 0.03

Zoomlion Heavy Industry Science and Technology 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 0.02

Competitive Comparison of Zoomlion Heavy Industry Science and Technology Co's E10

For the Farm & Heavy Construction Machinery subindustry, Zoomlion Heavy Industry Science and Technology 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.


Zoomlion Heavy Industry Science and Technology Co's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zoomlion Heavy Industry Science and Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Zoomlion Heavy Industry Science and Technology Co's Shiller PE Ratio falls into.



Zoomlion Heavy Industry Science and Technology 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, Zoomlion Heavy Industry Science and Technology 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)
=0.014/114.6694*114.6694
=0.014

Current CPI (Mar. 2024) = 114.6694.

Zoomlion Heavy Industry Science and Technology Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.008 98.200 0.009
201409 0.001 98.900 0.001
201412 -0.007 99.000 -0.008
201503 -0.007 99.900 -0.008
201506 0.001 99.500 0.001
201509 -0.004 100.500 -0.005
201512 0.011 100.600 0.013
201603 -0.012 102.200 -0.013
201606 -0.003 101.400 -0.003
201609 0.001 102.400 0.001
201612 -0.003 102.600 -0.003
201703 0.001 103.200 0.001
201706 0.018 103.100 0.020
201709 0.003 104.100 0.003
201712 0.000 104.500 0.000
201803 0.006 105.300 0.007
201806 0.008 104.900 0.009
201809 0.008 106.600 0.009
201812 0.011 106.500 0.012
201903 0.017 107.700 0.018
201906 0.026 107.700 0.028
201909 0.014 109.800 0.015
201912 0.018 111.200 0.019
202003 0.018 112.300 0.018
202006 0.050 110.400 0.052
202009 0.027 111.700 0.028
202012 0.026 111.500 0.027
202103 0.039 112.662 0.040
202106 0.037 111.769 0.038
202109 0.014 112.215 0.014
202112 0.006 113.108 0.006
202203 0.016 114.335 0.016
202206 0.013 114.558 0.013
202209 0.007 115.339 0.007
202212 0.003 115.116 0.003
202303 0.014 115.116 0.014
202306 0.019 114.558 0.019
202309 0.012 115.339 0.012
202312 0.010 114.669 0.010
202403 0.014 114.669 0.014

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


Zoomlion Heavy Industry Science and Technology Co  (FRA:8CZ) 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.

Zoomlion Heavy Industry Science and Technology Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.72/0.02
=36.00

* 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 Zoomlion Heavy Industry Science and Technology Co was 29.22. The lowest was 6.50. And the median was 11.43.


Be Aware

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


Zoomlion Heavy Industry Science and Technology Co E10 Related Terms

Thank you for viewing the detailed overview of Zoomlion Heavy Industry Science and Technology Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Zoomlion Heavy Industry Science and Technology Co (FRA:8CZ) Business Description

Traded in Other Exchanges
Address
No. 361, Yinpen South Road, Hunan Province, Changsha, CHN, 410013
Zoomlion Heavy Industry Science and Technology Co Ltd are mainly engaged in the research, development, manufacturing, and sales of construction machinery, and agricultural machinery. It is engaged in three main operating segments, including (i) research, development, manufacturing, and sale of construction machinery; (ii) research, development, manufacturing, and sale of agricultural machinery; and (iii) finance lease services. The construction machinery segment provides concrete machinery, crane machinery, road construction machinery, pile foundation machinery, work-at-height machinery, fire machinery, mining machinery, forklift truck, and other products. Agricultural machinery industry, including farming machinery, harvesting machinery, drying machinery, and agricultural equipment.

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