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Glorious Property Holdings (HKSE:00845) E10 : HK$-0.37 (As of Jun. 2024)


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What is Glorious Property 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.

Glorious Property Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$-0.416. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$-0.37 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -35.10% per year. During the past 5 years, the average E10 Growth Rate was -89.60% 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 Glorious Property Holdings was -35.10% per year. The lowest was -203.70% per year. And the median was -51.00% per year.

As of today (2024-12-12), Glorious Property Holdings's current stock price is HK$ 0.012. Glorious Property Holdings's E10 for the fiscal year that ended in Dec. 2023 was HK$-0.37. Glorious Property Holdings's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Glorious Property Holdings was 88.00. The lowest was 35.00. And the median was 43.50.


Glorious Property Holdings E10 Historical Data

The historical data trend for Glorious Property 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.

Glorious Property Holdings E10 Chart

Glorious Property Holdings 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 -0.09 -0.15 -0.28 -0.31 -0.37

Glorious Property Holdings 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 - -0.31 - -0.37 -

Competitive Comparison of Glorious Property Holdings's E10

For the Real Estate - Development subindustry, Glorious Property 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.


Glorious Property Holdings's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Glorious Property Holdings's Shiller PE Ratio distribution charts can be found below:

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



Glorious Property 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, Glorious Property Holdings'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)
=-0.416/117.2957*117.2957
=-0.416

Current CPI (Dec. 2023) = 117.2957.

Glorious Property Holdings Annual Data

per_share_eps CPI Adj_EPS
201412 -0.476 99.707 -0.560
201512 -0.601 102.015 -0.691
201612 -0.583 103.225 -0.662
201712 -0.391 104.984 -0.437
201812 0.080 107.622 0.087
201912 -0.134 110.700 -0.142
202012 0.012 109.711 0.013
202112 -0.808 112.349 -0.844
202212 -0.045 114.548 -0.046
202312 -0.416 117.296 -0.416

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


Glorious Property Holdings  (HKSE:00845) 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 Glorious Property Holdings was 88.00. The lowest was 35.00. And the median was 43.50.


Be Aware

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


Glorious Property Holdings E10 Related Terms

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


Glorious Property Holdings Business Description

Traded in Other Exchanges
Address
50 Wing Tai Road, Room 807H, 8th Floor, Cornell Centre, Chai Wan, Hong Kong, HKG
Glorious Property Holdings Ltd is a national property developer in China. It focuses on the development and sales of large-scale properties in key economic areas such as the Shanghai region, Yangtze River Delta, Pan Bohai Rim, and Northeast China. The firm develops residential and commercial properties and is also involved in property management. Its reportable operating segments, namely Shanghai Region, Yangtze River Delta (excluding Shanghai), Pan Bohai Rim, and Northeast China. The Others segment represents corporate support functions. The company generates maximum revenue from the Shanghai region.
Executives
Best Era International Limited 2101 Beneficial owner
Century Glory Assets Limited 2201 Interest of corporation controlled by you
Trident Trust Company Limited 2301 Trustee
Zhang Zhi Rong 2307 Founder of a discretionary trust who can infl

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