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GDS (GDS Holdings) E10 : $-0.60 (As of Mar. 2025)


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What is GDS Holdings 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.

GDS Holdings's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.475. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.60 for the trailing ten years ended in Mar. 2025.

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 (2025-07-19), GDS Holdings's current stock price is $37.58. GDS Holdings's E10 for the quarter that ended in Mar. 2025 was $-0.60. GDS Holdings's Shiller PE Ratio of today is .


GDS Holdings E10 Historical Data

The historical data trend for GDS Holdings'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.

GDS Holdings E10 Chart

GDS Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
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GDS Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -0.60

Competitive Comparison of GDS Holdings's E10

For the Information Technology Services subindustry, GDS Holdings'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.


GDS Holdings's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, GDS Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where GDS Holdings's Shiller PE Ratio falls into.


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GDS Holdings 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, GDS Holdings's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.475/115.1156*115.1156
=0.475

Current CPI (Mar. 2025) = 115.1156.

GDS Holdings Quarterly Data

per share eps CPI Adj_EPS
201412 0.000 99.000 0.000
201509 -0.053 100.500 -0.061
201512 -0.057 100.600 -0.065
201603 -0.069 102.200 -0.078
201606 -0.140 101.400 -0.159
201609 -0.135 102.400 -0.152
201612 -0.220 102.600 -0.247
201703 -0.070 103.200 -0.078
201706 -0.118 103.100 -0.132
201709 -0.146 104.100 -0.161
201712 -0.170 104.500 -0.187
201803 -0.114 105.300 -0.125
201806 -0.124 104.900 -0.136
201809 -0.140 106.600 -0.151
201812 -0.139 106.500 -0.150
201903 -0.179 107.700 -0.191
201906 -0.116 107.700 -0.124
201909 -0.124 109.800 -0.130
201912 -0.114 111.200 -0.118
202003 -0.103 112.300 -0.106
202006 -0.113 110.400 -0.118
202009 -0.211 111.700 -0.217
202012 -0.257 111.500 -0.265
202103 -0.258 112.662 -0.264
202106 -0.274 111.769 -0.282
202109 -0.285 112.215 -0.292
202112 -0.301 113.108 -0.306
202203 -0.492 114.335 -0.495
202206 -0.323 114.558 -0.325
202209 -0.274 115.339 -0.273
202212 -0.149 115.116 -0.149
202303 -0.383 115.116 -0.383
202306 -0.179 114.558 -0.180
202309 -0.329 115.339 -0.328
202312 -2.420 114.781 -2.427
202403 -0.267 115.227 -0.267
202406 -0.176 114.781 -0.177
202409 -0.158 115.785 -0.157
202412 3.088 114.893 3.094
202503 0.475 115.116 0.475

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


GDS Holdings  (NAS:GDS) 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.


Be Aware

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


GDS Holdings E10 Related Terms

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


GDS Holdings Business Description

Address
No. 999 Zhouhai Road, F4/F5, Building C, Sunland International, Pudong, Shanghai, CHN, 200137
GDS Holdings started as an IT service provider in 2001 then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. Its data centers are located predominantly in and around the Tier 1 cities in China and it has also started an expanding into Southeast Asia via the now 38% owned DayOne. GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.