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Yuexiu Real Estate Investment Trust (HKSE:00405) E10 : HK$0.26 (As of Dec. 2023)


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What is Yuexiu Real Estate Investment Trust 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.

Yuexiu Real Estate Investment Trust's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Yuexiu Real Estate Investment Trust's average E10 Growth Rate was -7.10% per year. During the past 3 years, the average E10 Growth Rate was -18.50% per year. During the past 5 years, the average E10 Growth Rate was -16.50% 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 Yuexiu Real Estate Investment Trust was 1.20% per year. The lowest was -20.60% per year. And the median was -3.90% per year.

As of today (2024-12-13), Yuexiu Real Estate Investment Trust's current stock price is HK$ 0.97. Yuexiu Real Estate Investment Trust's E10 for the fiscal year that ended in Dec. 2023 was HK$0.26. Yuexiu Real Estate Investment Trust's Shiller PE Ratio of today is 3.73.

During the past 13 years, the highest Shiller PE Ratio of Yuexiu Real Estate Investment Trust was 10.78. The lowest was 3.12. And the median was 7.89.


Yuexiu Real Estate Investment Trust E10 Historical Data

The historical data trend for Yuexiu Real Estate Investment Trust'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.

Yuexiu Real Estate Investment Trust E10 Chart

Yuexiu Real Estate Investment Trust 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 0.56 0.48 0.32 0.28 0.26

Yuexiu Real Estate Investment Trust Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.28 - 0.26 -

Competitive Comparison of Yuexiu Real Estate Investment Trust's E10

For the REIT - Office subindustry, Yuexiu Real Estate Investment Trust'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.


Yuexiu Real Estate Investment Trust's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Yuexiu Real Estate Investment Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Yuexiu Real Estate Investment Trust's Shiller PE Ratio falls into.



Yuexiu Real Estate Investment Trust 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, Yuexiu Real Estate Investment Trust's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.04/117.2957*117.2957
=0.040

Current CPI (Dec. 2023) = 117.2957.

Yuexiu Real Estate Investment Trust Annual Data

per_share_eps CPI Adj_EPS
201412 0.322 99.707 0.379
201512 0.250 102.015 0.287
201612 0.222 103.225 0.252
201712 0.469 104.984 0.524
201812 0.281 107.622 0.306
201912 0.264 110.700 0.280
202012 0.190 109.711 0.203
202112 0.208 112.349 0.217
202212 0.136 114.548 0.139
202312 0.040 117.296 0.040

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


Yuexiu Real Estate Investment Trust  (HKSE:00405) 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.

Yuexiu Real Estate Investment Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.97/0.26
=3.73

* 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 Yuexiu Real Estate Investment Trust was 10.78. The lowest was 3.12. And the median was 7.89.


Be Aware

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


Yuexiu Real Estate Investment Trust E10 Related Terms

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


Yuexiu Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
160 Lockhart Road, Flat B, 17th Floor, Yue Xiu Building, Wanchai, HKG
Yuexiu Real Estate Investment Trust invests in office, retail, and other commercial properties in the People's Republic of China. The company's portfolio consists of properties located in the central business district of Guangzhou and Shanghai. The types of properties include clothing markets, office buildings, retail centers, hotels, and serviced apartments. The company operates in three main segments: Hotel & Serviced apartments, Office rental, and Wholesale & shopping malls. Hotel and serviced apartments offer room rentals and food and beverages. Office rental and wholesale and shopping malls include the revenue from leasing these properties. All of its revenue comes from China.
Executives
Yue Xiu Enterprises (holdings) Limited 2201 Interest of corporation controlled by you
Yuexiu Property Company Limited 2201 Interest of corporation controlled by you
Dragon Yield Holding Limited
Sun Advance Limited 2402 A person making a loan or providing security
Beyond Best Global Limited 2201 Interest of corporation controlled by you
Radiant World Investment Limited 2402 A person making a loan or providing security
Tong Wing Chi 2201 Interest of corporation controlled by you
Victory Success Consulting Limited 2201 Interest of corporation controlled by you
Yuexiu International Investment Limited 2101 Beneficial owner
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Sun Advance Limited 2201 Interest of corporation controlled by you
Golden Harbor Limited 2201 Interest of corporation controlled by you

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