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Maanshan Iron And Steel Co (Maanshan Iron And Steel Co) E10 : $0.01 (As of Mar. 2024)


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What is Maanshan Iron And Steel 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.

Maanshan Iron And Steel Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.006. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Maanshan Iron And Steel Co's average E10 Growth Rate was -10.00% per year. During the past 3 years, the average E10 Growth Rate was 31.00% per year. During the past 5 years, the average E10 Growth Rate was 23.00% per year. During the past 10 years, the average E10 Growth Rate was 9.30% 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 Maanshan Iron And Steel Co was 91.30% per year. The lowest was -63.80% per year. And the median was -2.10% per year.

As of today (2024-05-19), Maanshan Iron And Steel Co's current stock price is $0.13895. Maanshan Iron And Steel Co's E10 for the quarter that ended in Mar. 2024 was $0.01. Maanshan Iron And Steel Co's Shiller PE Ratio of today is 13.90.

During the past 13 years, the highest Shiller PE Ratio of Maanshan Iron And Steel Co was 544.00. The lowest was 6.67. And the median was 37.00.


Maanshan Iron And Steel Co E10 Historical Data

The historical data trend for Maanshan Iron And Steel 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.

Maanshan Iron And Steel Co E10 Chart

Maanshan Iron And Steel 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 0.01 0.01 0.01 0.02 0.01

Maanshan Iron And Steel 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 0.02 0.01 0.01 0.01 0.01

Competitive Comparison of Maanshan Iron And Steel Co's E10

For the Steel subindustry, Maanshan Iron And Steel 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.


Maanshan Iron And Steel Co's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Maanshan Iron And Steel Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Maanshan Iron And Steel Co's Shiller PE Ratio falls into.



Maanshan Iron And Steel 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, Maanshan Iron And Steel Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.006/115.2271*115.2271
=-0.006

Current CPI (Mar. 2024) = 115.2271.

Maanshan Iron And Steel Co Quarterly Data

per share eps CPI Adj_EPS
201406 -0.006 98.200 -0.007
201409 0.008 98.900 0.009
201412 0.011 99.000 0.013
201503 -0.013 99.900 -0.015
201506 -0.013 99.500 -0.015
201509 -0.027 100.500 -0.031
201512 -0.045 100.600 -0.052
201603 -0.008 102.200 -0.009
201606 0.017 101.400 0.019
201609 0.006 102.400 0.007
201612 0.009 102.600 0.010
201703 0.017 103.200 0.019
201706 0.014 103.100 0.016
201709 0.022 104.100 0.024
201712 0.027 104.500 0.030
201803 0.028 105.300 0.031
201806 0.041 104.900 0.045
201809 0.041 106.600 0.044
201812 0.007 106.500 0.008
201903 0.001 107.700 0.001
201906 0.020 107.700 0.021
201909 0.006 109.800 0.006
201912 -0.006 111.200 -0.006
202003 0.007 112.300 0.007
202006 0.008 110.400 0.008
202009 0.014 111.700 0.014
202012 0.008 111.500 0.008
202103 0.031 112.662 0.032
202106 0.063 111.769 0.065
202109 0.038 112.215 0.039
202112 -0.024 113.108 -0.024
202203 0.025 114.335 0.025
202206 0.004 114.558 0.004
202209 -0.014 115.339 -0.014
202212 -0.029 115.116 -0.029
202303 -0.010 115.116 -0.010
202306 -0.031 114.558 -0.031
202309 0.011 115.339 0.011
202312 0.005 114.781 0.005
202403 -0.006 115.227 -0.006

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


Maanshan Iron And Steel Co  (OTCPK:MAANF) 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.

Maanshan Iron And Steel Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.13895/0.01
=13.90

* 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 Maanshan Iron And Steel Co was 544.00. The lowest was 6.67. And the median was 37.00.


Be Aware

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


Maanshan Iron And Steel Co E10 Related Terms

Thank you for viewing the detailed overview of Maanshan Iron And Steel Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Maanshan Iron And Steel Co (Maanshan Iron And Steel Co) Business Description

Traded in Other Exchanges
Address
No. 8 Jiu Hua Xi Road, Anhui Province, Maanshan, CHN, 243003
Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. It has two segments. Production and sale of iron and steel products and related by-products, and Financial service. The company's principal product is steel, which is categorized into steel plates, section steel, wire rods, and train wheels. Thin plate products are further categorized into hot and rolled plates, galvanized plates, and coil-coating plates. The products in the wire rod category comprise wire rod materials and hot-rolled reinforced steel used in armored concrete. The Train wheel category includes train wheels and wheel rims.

Maanshan Iron And Steel Co (Maanshan Iron And Steel Co) Headlines

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