GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Quam Plus International Financial Ltd (HKSE:00952) » Definitions » E10

Quam Plus International Financial (HKSE:00952) E10 : HK$-0.06 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Quam Plus International Financial 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.

Quam Plus International Financial's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$-0.06 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 Quam Plus International Financial was 26.00% per year. The lowest was 13.00% per year. And the median was 14.50% per year.

As of today (2024-05-16), Quam Plus International Financial's current stock price is HK$ 0.236. Quam Plus International Financial's E10 for the fiscal year that ended in Dec. 2023 was HK$-0.06. Quam Plus International Financial's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Quam Plus International Financial was 74.00. The lowest was 10.50. And the median was 41.50.


Quam Plus International Financial E10 Historical Data

The historical data trend for Quam Plus International Financial'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.

Quam Plus International Financial E10 Chart

Quam Plus International Financial Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.03 -0.06 -0.06

Quam Plus International Financial Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.03 - -0.06 - -0.06

Competitive Comparison of Quam Plus International Financial's E10

For the Capital Markets subindustry, Quam Plus International Financial'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.


Quam Plus International Financial's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Quam Plus International Financial's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Quam Plus International Financial's Shiller PE Ratio falls into.



Quam Plus International Financial 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, Quam Plus International Financial'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)
=0.02/117.2957*117.2957
=0.020

Current CPI (Dec. 2023) = 117.2957.

Quam Plus International Financial Annual Data

per_share_eps CPI Adj_EPS
201403 0.026 95.749 0.032
201503 0.029 99.927 0.034
201603 0.016 102.785 0.018
201703 -0.038 103.335 -0.043
201812 0.016 107.622 0.017
201912 0.001 110.700 0.001
202012 0.017 109.711 0.018
202112 -0.370 112.349 -0.386
202212 -0.260 114.548 -0.266
202312 0.020 117.296 0.020

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


Quam Plus International Financial  (HKSE:00952) 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 Quam Plus International Financial was 74.00. The lowest was 10.50. And the median was 41.50.


Be Aware

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


Quam Plus International Financial E10 Related Terms

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


Quam Plus International Financial (HKSE:00952) Business Description

Traded in Other Exchanges
N/A
Address
29 Queen’s Road Central, 18th and 19th Floor, China Building, Hong Kong, HKG
Quam Plus International Financial Ltd Formerly China Tonghai International Financial Ltd is an investment holding company. Its activities include corporate finance advisory and general advisory services; fund management, discretionary portfolio management and portfolio management advisory services; discretionary and non-discretionary dealing services for securities, futures and options, securities placing and underwriting services, margin financing, insurance broking and wealth management services; money lending services; financial media services; and investing and trading of various investment products. Its segments include corporate finance; asset management; brokerage; interest income; investments; and others segment.

Quam Plus International Financial (HKSE:00952) Headlines

No Headlines