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Sheng Yuan Holdings (HKSE:00851) E10 : HK$-0.13 (As of Jun. 2024)


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What is Sheng Yuan 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.

Sheng Yuan Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$-0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$-0.13 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 4.70% per year. During the past 5 years, the average E10 Growth Rate was 1.60% 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 Sheng Yuan Holdings was 58.30% per year. The lowest was -7.70% per year. And the median was 31.20% per year.

As of today (2025-03-27), Sheng Yuan Holdings's current stock price is HK$ 0.21. Sheng Yuan Holdings's E10 for the fiscal year that ended in Dec. 2023 was HK$-0.13. Sheng Yuan Holdings's Shiller PE Ratio of today is .


Sheng Yuan Holdings E10 Historical Data

The historical data trend for Sheng Yuan 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.

Sheng Yuan Holdings E10 Chart

Sheng Yuan 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 -0.18 -0.15 -0.15 -0.13 -0.13

Sheng Yuan 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 - -0.13 - -0.13 -

Competitive Comparison of Sheng Yuan Holdings's E10

For the Capital Markets subindustry, Sheng Yuan 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.


Sheng Yuan Holdings's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sheng Yuan Holdings's Shiller PE Ratio distribution charts can be found below:

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


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Sheng Yuan 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, Sheng Yuan 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)
=-0.04/117.2957*117.2957
=-0.040

Current CPI (Dec. 2023) = 117.2957.

Sheng Yuan Holdings Annual Data

per_share_eps CPI Adj_EPS
201412 -0.028 99.707 -0.033
201512 -0.099 102.015 -0.114
201612 -0.056 103.225 -0.064
201712 -0.519 104.984 -0.580
201812 -0.228 107.622 -0.248
201912 -0.202 110.700 -0.214
202012 0.031 109.711 0.033
202112 0.012 112.349 0.013
202212 -0.015 114.548 -0.015
202312 -0.040 117.296 -0.040

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


Sheng Yuan Holdings  (HKSE:00851) 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.


Sheng Yuan Holdings E10 Related Terms

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


Sheng Yuan Holdings Business Description

Traded in Other Exchanges
Address
No. 238 Des Voeux Road Central, 26th Floor, Sheung Wan, Hong Kong, HKG
Sheng Yuan Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in the provision of financial services in Hong Kong. The operating business segments are securities brokerage and financial services is engaged in the provision of discretionary and non-discretionary dealing services for securities, securities placing and underwriting services, margin financing and money lending services, corporate finance advisory and general advisory services, asset management services provides fund management and discretionary portfolio management and investment advisory services, the proprietary trading segment is engaged in investment holding and securities trading, and trading business is engaged in trading of chemical products and energy and minerals products.
Executives
Yuan Yin Kong Gu You Xian Gong Si 2101 Beneficial owner
Liu Yang 2201 Interest of corporation controlled by you
Meng Hao Xiang 2202 Interest of your spouse
Zhao Jian Yun 2101 Beneficial owner
Cao Hai Xia 2202 Interest of your spouse
Shao Yong Chao 2101 Beneficial owner

Sheng Yuan Holdings Headlines

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