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HKBN (HKBNF) E10 : $0.01 (As of Feb. 2024)


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What is HKBN 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.

HKBN's adjusted earnings per share data for the fiscal year that ended in Aug. 2023 was $-0.124. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.01 for the trailing ten years ended in Aug. 2023.

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 (2024-09-21), HKBN's current stock price is $ 0.401. HKBN's E10 for the fiscal year that ended in Aug. 2023 was $0.01. HKBN's Shiller PE Ratio of today is 40.10.

During the past 10 years, the highest Shiller PE Ratio of HKBN was 43.22. The lowest was 26.33. And the median was 33.56.


HKBN E10 Historical Data

The historical data trend for HKBN'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.

HKBN E10 Chart

HKBN Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.01

HKBN Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -

Competitive Comparison of HKBN's E10

For the Telecom Services subindustry, HKBN'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.


HKBN's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, HKBN's Shiller PE Ratio distribution charts can be found below:

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



HKBN 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, HKBN's adjusted earnings per share data for the fiscal year that ended in Aug. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Aug. 2023 (Change)*Current CPI (Aug. 2023)
=-0.124/115.6468*115.6468
=-0.124

Current CPI (Aug. 2023) = 115.6468.

HKBN Annual Data

per_share_eps CPI Adj_EPS
201408 0.007 95.090 0.009
201508 0.013 97.948 0.015
201608 0.031 102.235 0.035
201708 0.022 104.214 0.024
201808 0.050 106.633 0.054
201908 0.023 110.260 0.024
202008 0.009 109.820 0.009
202108 0.018 111.579 0.019
202208 0.048 113.668 0.049
202308 -0.124 115.647 -0.124

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


HKBN  (OTCPK:HKBNF) 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.

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

Shiller PE Ratio=Share Price/E10
=0.401/0.01
=40.10

* 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 10 years, the highest Shiller P/E Ratio of HKBN was 43.22. The lowest was 26.33. And the median was 33.56.


Be Aware

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


HKBN E10 Related Terms

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


HKBN Business Description

Traded in Other Exchanges
Address
18 Kin Hong Street, 12th Floor, Trans Asia Centre, Kwai Chung, New Territories, Hong Kong, HKG
HKBN Ltd is a telecommunications company. The company derives revenue from broadband Internet services and voice services to both residential and enterprise customers. The principal activities of the Group are (i) provision of fixed telecommunications network services, international telecommunications services, and mobile services to residential and enterprise customers in Hong Kong, (ii) system integration services, (iii) product sales, and (iv) marketing and distribution of computer hardware and software, telecommunication products, office automation products and the provision of related services. The company has two segments Telecom and technology solutions (Hong Kong) and Telecom and technology solutions (non-Hong Kong) and the majority of its revenue is generated from Hong Kong.

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