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Great Wall Motor Co (HKSE:02333) E10 : HK$1.01 (As of Dec. 2023)


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What is Great Wall Motor Co 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.

Great Wall Motor Co's adjusted earnings per share data for the three months ended in Dec. 2023 was HK$0.252. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$1.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Great Wall Motor Co's average E10 Growth Rate was -4.70% per year. During the past 3 years, the average E10 Growth Rate was 0.70% per year. During the past 5 years, the average E10 Growth Rate was 0.60% 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 Great Wall Motor Co was 2.00% per year. The lowest was 0.70% per year. And the median was 0.70% per year.

As of today (2024-04-28), Great Wall Motor Co's current stock price is HK$11.60. Great Wall Motor Co's E10 for the quarter that ended in Dec. 2023 was HK$1.01. Great Wall Motor Co's Shiller PE Ratio of today is 11.49.

During the past 13 years, the highest Shiller PE Ratio of Great Wall Motor Co was 37.35. The lowest was 4.21. And the median was 9.47.


Great Wall Motor Co E10 Historical Data

The historical data trend for Great Wall Motor Co'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.

Great Wall Motor Co E10 Chart

Great Wall Motor Co 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 1.00 0.99 1.03 1.06 1.01

Great Wall Motor Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.03 1.00 1.02 1.01 -

Competitive Comparison of Great Wall Motor Co's E10

For the Auto Manufacturers subindustry, Great Wall Motor Co'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.


Great Wall Motor Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Great Wall Motor Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Great Wall Motor Co's Shiller PE Ratio falls into.



Great Wall Motor Co 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, Great Wall Motor Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.252/114.6694*114.6694
=0.252

Current CPI (Dec. 2023) = 114.6694.

Great Wall Motor Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.277 98.600 0.322
201406 0.265 98.200 0.309
201409 0.677 98.900 0.785
201412 0.337 99.000 0.390
201503 0.348 99.900 0.399
201506 0.299 99.500 0.345
201509 0.199 100.500 0.227
201512 0.240 100.600 0.274
201603 0.310 102.200 0.348
201606 0.326 101.400 0.369
201609 0.291 102.400 0.326
201612 0.411 102.600 0.459
201703 0.241 103.200 0.268
201706 0.058 103.100 0.065
201709 0.060 104.100 0.066
201712 0.278 104.500 0.305
201803 0.283 105.300 0.308
201806 0.209 104.900 0.228
201809 0.029 106.600 0.031
201812 0.159 106.500 0.171
201903 0.099 107.700 0.105
201906 0.092 107.700 0.098
201909 0.169 109.800 0.176
201912 0.190 111.200 0.196
202003 -0.077 112.300 -0.079
202006 0.208 110.400 0.216
202009 0.179 111.700 0.184
202012 0.356 111.500 0.366
202103 0.215 112.662 0.219
202106 0.242 111.769 0.248
202109 0.181 112.215 0.185
202112 0.233 113.108 0.236
202203 0.222 114.335 0.223
202206 0.492 114.558 0.492
202209 0.313 115.339 0.311
202212 0.022 115.116 0.022
202303 0.023 115.116 0.023
202306 0.153 114.558 0.153
202309 0.461 115.339 0.458
202312 0.252 114.669 0.252

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


Great Wall Motor Co  (HKSE:02333) 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.

Great Wall Motor Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.60/1.01
=11.49

* 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 Great Wall Motor Co was 37.35. The lowest was 4.21. And the median was 9.47.


Be Aware

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


Great Wall Motor Co E10 Related Terms

Thank you for viewing the detailed overview of Great Wall Motor Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Great Wall Motor Co (HKSE:02333) Business Description

Traded in Other Exchanges
Address
No. 2266 Chaoyang Road South, Hebei Province, Baoding, CHN, 071000
Chinese automobile manufacturer Great Wall Motor is China's market leader in the SUV and pickup truck segments. In 2022, the company sold over 615,000 Haval-branded SUVs and 160,000 WEY- and Tank-branded SUVs, making it the largest SUV manufacturer by sales volume for the 12th year. It also sold more than 195,000 pickup trucks, also ranked number one in sales volume for 25 consecutive years. China's domestic market accounts for about 90% of Great Wall's revenue, with the balance coming from Russia, the Middle East, South Africa, Australia, and Chile, among others.

Great Wall Motor Co (HKSE:02333) Headlines

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