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Vipshop Holdings (MEX:VIPS N) E10 : MXN24.57 (As of Mar. 2025)


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What is Vipshop 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.

Vipshop Holdings's adjusted earnings per share data for the three months ended in Mar. 2025 was MXN10.509. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN24.57 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Vipshop Holdings's average E10 Growth Rate was 15.50% per year. During the past 3 years, the average E10 Growth Rate was 24.50% 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 Vipshop Holdings was 31.50% per year. The lowest was 24.50% per year. And the median was 28.00% per year.

As of today (2025-07-04), Vipshop Holdings's current stock price is MXN283.00. Vipshop Holdings's E10 for the quarter that ended in Mar. 2025 was MXN24.57. Vipshop Holdings's Shiller PE Ratio of today is 11.52.

During the past 13 years, the highest Shiller PE Ratio of Vipshop Holdings was 113.63. The lowest was 10.42. And the median was 18.35.


Vipshop Holdings E10 Historical Data

The historical data trend for Vipshop 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.

Vipshop Holdings E10 Chart

Vipshop Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.57 11.39 14.52 15.37 21.96

Vipshop Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 16.70 19.61 20.69 21.96 24.57

Competitive Comparison of Vipshop Holdings's E10

For the Internet Retail subindustry, Vipshop 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.


Vipshop Holdings's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vipshop Holdings's Shiller PE Ratio distribution charts can be found below:

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


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Vipshop 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, Vipshop Holdings's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=10.509/115.1156*115.1156
=10.509

Current CPI (Mar. 2025) = 115.1156.

Vipshop Holdings Quarterly Data

per share eps CPI Adj_EPS
201506 1.679 99.500 1.943
201509 1.401 100.500 1.605
201512 2.250 100.600 2.575
201603 2.112 102.200 2.379
201606 2.133 101.400 2.422
201609 1.675 102.400 1.883
201612 3.748 102.600 4.205
201703 2.507 103.200 2.796
201706 1.700 103.100 1.898
201709 1.542 104.100 1.705
201712 3.199 104.500 3.524
201803 2.220 105.300 2.427
201806 3.021 104.900 3.315
201809 0.933 106.600 1.008
201812 2.864 106.500 3.096
201903 3.659 107.700 3.911
201906 3.364 107.700 3.596
201909 3.597 109.800 3.771
201912 5.755 111.200 5.958
202003 3.340 112.300 3.424
202006 7.295 110.400 7.607
202009 5.845 111.700 6.024
202012 10.665 111.500 11.011
202103 6.844 112.662 6.993
202106 4.827 111.769 4.972
202109 2.924 112.215 3.000
202112 6.667 113.108 6.785
202203 5.053 114.335 5.088
202206 5.932 114.558 5.961
202209 7.749 115.339 7.734
202212 10.235 115.116 10.235
202303 8.266 115.116 8.266
202306 8.982 114.558 9.026
202309 5.222 115.339 5.212
202312 12.718 114.781 12.755
202403 9.628 115.227 9.619
202406 8.808 114.781 8.834
202409 5.487 115.785 5.455
202412 13.440 114.893 13.466
202503 10.509 115.116 10.509

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


Vipshop Holdings  (MEX:VIPS N) 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.

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

Shiller PE Ratio=Share Price/E10
=283.00/24.57
=11.52

* 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 Vipshop Holdings was 113.63. The lowest was 10.42. And the median was 18.35.


Be Aware

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


Vipshop Holdings E10 Related Terms

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


Vipshop Holdings Business Description

Traded in Other Exchanges
Address
128 Dingxin Road, Haizhu District, Guangdong Province, Guangzhou, CHN, 510220
Vipshop is a leading Chinese online discount retailer offering branded products at attractive discounts ranging from 10%-90% off their original price through daily flash sales. It operates warehousing, retailing, product procurements, software development, and information technology support in-house while outsourcing to third-party logistics providers for distribution and shipments. Branded products on Vipshop's platform are sourced mostly through a consignment model with over 29,000 global partners as of Dec. 31, 2023. As of March 31, 2024, Eric Ya Shen, chairman and CEO, has 63.1% voting rights and a 30.9% stake while Arthur Xiaobo Hong, vice chairman and COO, has a 17.6% stake. Leading Chinese social media firm and strategic shareholder Tencent also holds an 11.8% interest.

Vipshop Holdings Headlines

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