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Harbour Digital Asset Capital (HKSE:00913) E10 : HK$1.85 (As of Jun. 2024)


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What is Harbour Digital Asset Capital 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.

Harbour Digital Asset Capital's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$-0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$1.85 for the trailing ten years ended in Dec. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Harbour Digital Asset Capital was 88.30% per year. The lowest was -11.60% per year. And the median was 54.90% per year.

As of today (2025-04-02), Harbour Digital Asset Capital's current stock price is HK$ 0.215. Harbour Digital Asset Capital's E10 for the fiscal year that ended in Dec. 2023 was HK$1.85. Harbour Digital Asset Capital's Shiller PE Ratio of today is 0.12.

During the past 13 years, the highest Shiller PE Ratio of Harbour Digital Asset Capital was 0.74. The lowest was 0.12. And the median was 0.26.


Harbour Digital Asset Capital E10 Historical Data

The historical data trend for Harbour Digital Asset Capital'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.

Harbour Digital Asset Capital E10 Chart

Harbour Digital Asset Capital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.30 1.49 2.96 1.85 -

Harbour Digital Asset Capital Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.96 - 1.85 - -

Competitive Comparison of Harbour Digital Asset Capital's E10

For the Asset Management subindustry, Harbour Digital Asset Capital'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.


Harbour Digital Asset Capital's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Harbour Digital Asset Capital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Harbour Digital Asset Capital's Shiller PE Ratio falls into.


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Harbour Digital Asset Capital 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, Harbour Digital Asset Capital'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)
=-0.05/117.2957*117.2957
=-0.050

Current CPI (Dec. 2023) = 117.2957.

Harbour Digital Asset Capital Annual Data

per_share_eps CPI Adj_EPS
201412 21.500 99.707 25.293
201512 2.200 102.015 2.530
201612 -3.400 103.225 -3.863
201712 -3.400 104.984 -3.799
201812 -0.660 107.622 -0.719
201912 -0.380 110.700 -0.403
202012 -0.200 109.711 -0.214
202112 -0.090 112.349 -0.094
202212 -0.160 114.548 -0.164
202312 -0.050 117.296 -0.050

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


Harbour Digital Asset Capital  (HKSE:00913) 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.

Harbour Digital Asset Capital's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.215/1.85
=0.12

* 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 Harbour Digital Asset Capital was 0.74. The lowest was 0.12. And the median was 0.26.


Be Aware

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


Harbour Digital Asset Capital E10 Related Terms

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


Harbour Digital Asset Capital Business Description

Traded in Other Exchanges
N/A
Address
287-299 Queen’s Road Central, Room 1006, 10th Floor, 299QRC, Sheung Wan, Hong Kong, HKG
Harbour Digital Asset Capital Ltd is a Hong Kong-based investment company. The principal activities of the company are to invest in both listed and unlisted companies. Its portfolio of investment includes various companies engaged in the businesses of infrastructure, manufacturing, trading, information technologies, media, energy, property investment, securities investment. In addition, the company's portfolio also includes sector such as finance, consumer goods, and services, media, construction, and mining. The Group only has one business segment, namely, investment in listed and unlisted financial assets. The Group's revenue and non current assets are attributable to and located in Hong Kong.

Harbour Digital Asset Capital Headlines

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