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Beijing Capital Grand (HKSE:01329) E10 : HK$0.07 (As of Dec. 2023)


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What is Beijing Capital Grand 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.

Beijing Capital Grand's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.07 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -16.40% 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 Beijing Capital Grand was -16.40% per year. The lowest was -16.40% per year. And the median was -16.40% per year.

As of today (2024-05-22), Beijing Capital Grand's current stock price is HK$ 0.425. Beijing Capital Grand's E10 for the fiscal year that ended in Dec. 2023 was HK$0.07. Beijing Capital Grand's Shiller PE Ratio of today is 6.07.

During the past 13 years, the highest Shiller PE Ratio of Beijing Capital Grand was 13.57. The lowest was 2.26. And the median was 9.17.


Beijing Capital Grand E10 Historical Data

The historical data trend for Beijing Capital Grand'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.

Beijing Capital Grand E10 Chart

Beijing Capital Grand Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.12 0.10 0.07 0.07

Beijing Capital Grand Semi-Annual Data
Mar14 Sep14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 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 0.10 - 0.07 - 0.07

Competitive Comparison of Beijing Capital Grand's E10

For the Real Estate - Diversified subindustry, Beijing Capital Grand'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.


Beijing Capital Grand's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Beijing Capital Grand's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Capital Grand's Shiller PE Ratio falls into.



Beijing Capital Grand 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, Beijing Capital Grand'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)
=0.004/114.7809*114.7809
=0.004

Current CPI (Dec. 2023) = 114.7809.

Beijing Capital Grand Annual Data

per_share_eps CPI Adj_EPS
201403 0.016 98.600 0.019
201512 0.841 100.600 0.960
201612 0.258 102.600 0.289
201712 0.047 104.500 0.052
201812 -0.091 106.500 -0.098
201912 -0.100 111.200 -0.103
202012 -0.154 111.500 -0.159
202112 -0.110 113.108 -0.112
202212 -0.173 115.116 -0.172
202312 0.004 114.781 0.004

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


Beijing Capital Grand  (HKSE:01329) 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.

Beijing Capital Grand's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.425/0.07
=6.07

* 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 Beijing Capital Grand was 13.57. The lowest was 2.26. And the median was 9.17.


Be Aware

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


Beijing Capital Grand E10 Related Terms

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


Beijing Capital Grand (HKSE:01329) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 North 3rd Ring East Road, West Area, 7th Floor, Jing An Centre, Chaoyang District, Beijing, CHN
Beijing Capital Grand Ltd is a commercial property developer in China property market. It is engaged in the development of outlets-backed integrated property and commercial property development and operations. The company segments namely Property development, Investment property development and operation, Sale of merchandise inventories, and other segments. The segment of Investment property development and operation, which is the key revenue contributor, derives revenue from rental income.

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