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Easyknit International Holdings (HKSE:01218) E10 : HK$1.89 (As of Sep. 2023)


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What is Easyknit International 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.

Easyknit International Holdings's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was HK$0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$1.89 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average E10 Growth Rate was -7.30% per year. During the past 5 years, the average E10 Growth Rate was -4.30% per year. During the past 10 years, the average E10 Growth Rate was -10.70% 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 Easyknit International Holdings was 13.90% per year. The lowest was -38.80% per year. And the median was -9.40% per year.

As of today (2024-06-20), Easyknit International Holdings's current stock price is HK$ 2.90. Easyknit International Holdings's E10 for the fiscal year that ended in Mar. 2023 was HK$1.89. Easyknit International Holdings's Shiller PE Ratio of today is 1.53.

During the past 13 years, the highest Shiller PE Ratio of Easyknit International Holdings was 2.74. The lowest was 0.46. And the median was 1.51.


Easyknit International Holdings E10 Historical Data

The historical data trend for Easyknit International 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.

Easyknit International Holdings E10 Chart

Easyknit International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 2.37 1.76 2.85 1.89

Easyknit International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 2.85 - 1.89 -

Competitive Comparison of Easyknit International Holdings's E10

For the Real Estate - Development subindustry, Easyknit International 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.


Easyknit International Holdings's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



Easyknit International 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, Easyknit International Holdings's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.15/115.4269*115.4269
=0.150

Current CPI (Mar. 2023) = 115.4269.

Easyknit International Holdings Annual Data

per_share_eps CPI Adj_EPS
201403 0.160 95.749 0.193
201503 2.550 99.927 2.946
201603 1.750 102.785 1.965
201703 -3.070 103.335 -3.429
201803 3.740 105.973 4.074
201903 3.520 108.172 3.756
202003 -3.260 110.920 -3.392
202103 0.250 111.579 0.259
202203 12.170 113.558 12.370
202303 0.150 115.427 0.150

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


Easyknit International Holdings  (HKSE:01218) 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.

Easyknit International Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.90/1.89
=1.53

* 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 Easyknit International Holdings was 2.74. The lowest was 0.46. And the median was 1.51.


Be Aware

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


Easyknit International Holdings E10 Related Terms

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


Easyknit International Holdings (HKSE:01218) Business Description

Traded in Other Exchanges
N/A
Address
481-483 Castle Peak Road, Block A, 7th Floor, Hong Kong Spinners Building, Phase 6, Kowloon, Cheung Sha Wan, Hong Kong, HKG
Easyknit International Holdings Ltd is an investment holding company, that engages in the investment, development, and management of properties. The company operates through Property Investment, Property Development, Investment in Securities, and Loan Financing segments. The investment properties of the company include residential, commercial, and industrial properties. The firm's majority revenue comes from the Property Investment segment. Geographically, it derives revenue from Hong Kong.
Executives
Winterbotham Holdings Limited
Hooper Ivan Geoffrey Douglas
Hooper Christopher Geoffrey Douglas
Markson International Holding Limited
Koon Wing Yee 2101 Beneficial owner
Lui Yuk Chu 2202 Interest of your spouse
Sea Rejoice Limited 2101 Beneficial owner
Accumulate More Profits Limited 2201 Interest of corporation controlled by you
Hooper Christopher Geoffrey Douglas 2201 Interest of corporation controlled by you
Magical Profits Limited 2201 Interest of corporation controlled by you
The Winterbotham Trust Company Limited As Trustee Of The Magical 2000 Trust 2201 Interest of corporation controlled by you
Koon Ho Yan Candy

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