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Fang Holdings (Fang Holdings) E10 : $6.24 (As of Sep. 2020)


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What is Fang 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.

Fang Holdings's adjusted earnings per share data for the three months ended in Sep. 2020 was $1.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $6.24 for the trailing ten years ended in Sep. 2020.

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 (2024-04-27), Fang Holdings's current stock price is $6.00. Fang Holdings's E10 for the quarter that ended in Sep. 2020 was $6.24. Fang Holdings's Shiller PE Ratio of today is 0.96.


Fang Holdings E10 Historical Data

The historical data trend for Fang 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.

Fang Holdings E10 Chart

Fang Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Fang Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 - 5.94 6.07 6.24 -

Competitive Comparison of Fang Holdings's E10

For the Internet Content & Information subindustry, Fang 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.


Fang Holdings's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fang Holdings's Shiller PE Ratio distribution charts can be found below:

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



Fang 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, Fang Holdings's adjusted earnings per share data for the three months ended in Sep. 2020 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=1.2/111.7000*111.7000
=1.200

Current CPI (Sep. 2020) = 111.7000.

Fang Holdings Quarterly Data

per share eps CPI Adj_EPS
201006 0.377 85.886 0.490
201012 0.100 89.289 0.125
201103 0.700 91.154 0.858
201106 2.700 91.612 3.292
201112 0.075 92.885 0.090
201203 1.800 94.367 2.131
201206 4.000 93.495 4.779
201209 6.100 94.482 7.212
201212 6.800 95.237 7.976
201303 3.400 96.372 3.941
201306 6.700 95.984 7.797
201309 12.200 97.332 14.001
201312 12.700 97.624 14.531
201403 4.800 98.600 5.438
201406 7.700 98.200 8.759
201409 6.800 98.900 7.680
201412 9.400 99.000 10.606
201503 0.700 99.900 0.783
201506 1.800 99.500 2.021
201509 0.200 100.500 0.222
201512 -4.400 100.600 -4.885
201603 -12.000 102.200 -13.115
201606 -4.300 101.400 -4.737
201609 -0.500 102.400 -0.545
201612 -1.100 102.600 -1.198
201703 -1.400 103.200 -1.515
201706 -0.200 103.100 -0.217
201709 1.600 104.100 1.717
201712 1.600 104.500 1.710
201803 -5.100 105.300 -5.410
201806 -6.000 104.900 -6.389
201809 1.100 106.600 1.153
201812 -5.400 106.500 -5.664
201903 1.400 107.700 1.452
201906 0.600 107.700 0.622
201909 0.100 109.800 0.102
201912 -2.900 111.200 -2.913
202003 -4.100 112.300 -4.078
202006 2.400 110.400 2.428
202009 1.200 111.700 1.200

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


Fang Holdings  (OTCPK:SFUNY) 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.

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

Shiller PE Ratio=Share Price/E10
=6.00/6.24
=0.96

* 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.


Fang Holdings E10 Related Terms

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


Fang Holdings (Fang Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Tower A, No. 20 Guogongzhuang Middle Street, Fengtai District, Beijing, CHN, 100070
Fang Holdings Ltd operates in the Chinese internet portal industry. The company handles a real estate business through its web platform, www.fang.com, and a mobile application. The website serves as a one-stop avenue for the users to buy new and second homes, office buildings, and accommodation facilities available for rent in different parts of China. Real estate buyers can also avail of other services such as entrusted loans, mortgage loans, and other financial services that the company provides in the event of its credit assessment requirements being fulfilled. The group generates most of its revenues from new home sales through its e-commerce platform. A part of its income is also derived from marketing, listing, and financial services.