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China Green Agriculture (FRA:GR0A) E10 : €-2.08 (As of Mar. 2024)


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What is China Green Agriculture 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 Green Agriculture's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.727. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-2.08 for the trailing ten years ended in Mar. 2024.

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 Green Agriculture was -27.20% per year. The lowest was -50.00% per year. And the median was -37.95% per year.

As of today (2024-05-22), China Green Agriculture's current stock price is €2.64. China Green Agriculture's E10 for the quarter that ended in Mar. 2024 was €-2.08. China Green Agriculture's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of China Green Agriculture was 8.07. The lowest was 0.20. And the median was 0.59.


China Green Agriculture E10 Historical Data

The historical data trend for China Green Agriculture'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 Green Agriculture E10 Chart

China Green Agriculture Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.59 6.36 3.90 1.21 -0.89

China Green Agriculture 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 -0.13 -0.89 -1.36 -2.39 -2.08

Competitive Comparison of China Green Agriculture's E10

For the Agricultural Inputs subindustry, China Green Agriculture'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 Green Agriculture's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, China Green Agriculture's Shiller PE Ratio distribution charts can be found below:

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



China Green Agriculture 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 Green Agriculture'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)
=-0.727/115.2271*115.2271
=-0.727

Current CPI (Mar. 2024) = 115.2271.

China Green Agriculture Quarterly Data

per share eps CPI Adj_EPS
201406 1.148 98.200 1.347
201409 2.328 98.900 2.712
201412 1.557 99.000 1.812
201503 3.216 99.900 3.709
201506 2.566 99.500 2.972
201509 2.138 100.500 2.451
201512 1.322 100.600 1.514
201603 2.371 102.200 2.673
201606 1.388 101.400 1.577
201609 2.138 102.400 2.406
201612 1.706 102.600 1.916
201703 2.356 103.200 2.631
201706 1.175 103.100 1.313
201709 1.309 104.100 1.449
201712 2.028 104.500 2.236
201803 1.946 105.300 2.129
201806 -7.293 104.900 -8.011
201809 2.382 106.600 2.575
201812 0.668 106.500 0.723
201903 1.372 107.700 1.468
201906 -1.487 107.700 -1.591
201909 -1.471 109.800 -1.544
201912 -4.455 111.200 -4.616
202003 -7.403 112.300 -7.596
202006 -7.619 110.400 -7.952
202009 -4.135 111.700 -4.266
202012 -5.179 111.500 -5.352
202103 -1.957 112.662 -2.002
202106 -3.303 111.769 -3.405
202109 -1.513 112.215 -1.554
202112 -3.336 113.108 -3.399
202203 -4.077 114.335 -4.109
202206 -0.464 114.558 -0.467
202209 -0.040 115.339 -0.040
202212 -0.255 115.116 -0.255
202303 0.019 115.116 0.019
202306 -0.646 114.558 -0.650
202309 -0.122 115.339 -0.122
202312 -0.367 114.781 -0.368
202403 -0.727 115.227 -0.727

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


China Green Agriculture  (FRA:GR0A) 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 Green Agriculture was 8.07. The lowest was 0.20. And the median was 0.59.


Be Aware

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


China Green Agriculture E10 Related Terms

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


China Green Agriculture (FRA:GR0A) Business Description

Traded in Other Exchanges
Address
South Taibai Road, 3rd Floor, Borough A, Block A. No. 181, Shaanxi Province, Xi’an, CHN, 710065
China Green Agriculture Inc is engaged in the business of fertilizer and agricultural products. It involves the research, development, production, distribution, and sale of humic acid-based compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, concentrated water-soluble fertilizers, and mixed organic-inorganic compound fertilizer and the development, production, and distribution of agricultural products, such as top-grade fruits, vegetables, flowers and colored seedlings in China. The company operates in three segments: Fertilizer products (Jinong), Fertilizer products (Gufeng), and agricultural products (Yuxing). All of its operations are conducted in China.

China Green Agriculture (FRA:GR0A) Headlines

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