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China Housing & Land Development (China Housing & Land Development) E10 : $0.71 (As of Sep. 2015)


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What is China Housing & Land Development 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.

China Housing & Land Development's adjusted earnings per share data for the three months ended in Sep. 2015 was $-0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.71 for the trailing ten years ended in Sep. 2015.

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.

As of today (2024-05-17), China Housing & Land Development's current stock price is $2.96. China Housing & Land Development's E10 for the quarter that ended in Sep. 2015 was $0.71. China Housing & Land Development's Shiller PE Ratio of today is 4.17.


China Housing & Land Development E10 Historical Data

The historical data trend for China Housing & Land Development'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.

China Housing & Land Development E10 Chart

China Housing & Land Development Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

China Housing & Land Development Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 - - 1.10 0.73 0.71

Competitive Comparison of China Housing & Land Development's E10

For the Real Estate - Development subindustry, China Housing & Land Development'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.


China Housing & Land Development's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Housing & Land Development's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Housing & Land Development's Shiller PE Ratio falls into.



China Housing & Land Development 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, China Housing & Land Development's adjusted earnings per share data for the three months ended in Sep. 2015 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=-0.2/100.5000*100.5000
=-0.200

Current CPI (Sep. 2015) = 100.5000.

China Housing & Land Development Quarterly Data

per share eps CPI Adj_EPS
200512 -0.200 75.666 -0.266
200603 0.800 76.340 1.053
200606 1.000 76.034 1.322
200609 0.500 76.413 0.658
200612 -0.150 77.793 -0.194
200703 0.200 78.884 0.255
200706 0.350 79.357 0.443
200709 -0.012 81.276 -0.015
200712 2.600 82.911 3.152
200803 -0.050 85.485 -0.059
200806 0.150 85.058 0.177
200809 0.200 85.057 0.236
200812 1.050 83.956 1.257
200903 0.200 84.457 0.238
200906 -1.700 83.615 -2.043
200909 1.200 84.369 1.429
200912 -0.150 85.386 -0.177
201003 -1.700 86.316 -1.979
201006 0.650 85.886 0.761
201009 0.750 87.267 0.864
201012 0.350 89.289 0.394
201103 0.250 91.154 0.276
201106 0.050 91.612 0.055
201109 0.600 92.711 0.650
201112 0.700 92.885 0.757
201203 0.350 94.367 0.373
201206 0.400 93.495 0.430
201209 0.200 94.482 0.213
201212 1.850 95.237 1.952
201303 0.400 96.372 0.417
201306 0.850 95.984 0.890
201309 -0.100 97.332 -0.103
201312 0.550 97.624 0.566
201403 -0.110 98.600 -0.112
201406 -0.980 98.200 -1.003
201409 0.310 98.900 0.315
201412 -2.320 99.000 -2.355
201503 -0.070 99.900 -0.070
201506 -2.730 99.500 -2.757
201509 -0.200 100.500 -0.200

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


China Housing & Land Development  (NAS:CHLN) 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.

China Housing & Land Development's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.96/0.71
=4.17

* 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.


Be Aware

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


China Housing & Land Development E10 Related Terms

Thank you for viewing the detailed overview of China Housing & Land Development's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


China Housing & Land Development (China Housing & Land Development) Business Description

Traded in Other Exchanges
N/A
Address
China Housing & Land Development Inc was incorporated in the state of Nevada on July 6, 2004, as Pacific Northwest Productions Inc. On May 4, 2006, the Company changed its name to China Housing & Land Development, Inc. The Company is a real estate development company engaged in the development, construction, sale and management of residential and commercial real estate units, as well as land development. The Company has two reportable segments: Real Estate Development and Sales segment and Real Estate Construction segment. The Real Estate Development and Sales segment includes operating subsidiaries, Tsining, Puhua, NewLand, Suodi, FangZhou and JiYuan, while the Real Estate Construction segment represents Xinxing Construction. These two segments offer different products and services. The two segments are managed separately because it produces distinct products and provides different services. The Company and its other subsidiaries, Manstate, Success Hill, Way fast, Clever Advance, Grace mind, Treasure Asia and Property Management are aggregated as All Other segment. The Company faces intense competition from other real estate developers. The Company is subject to statutes and rules regulating, among other things, certain developmental matters, building and site design, and matters concerning the protection of health and the environment.
Executives
Heung Sang Fong director 12897 REGAN LANE, SARATOGA CA 95070
Albert Mclelland director 9114 LA STRADA CT., DALLAS TX 75220

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