GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gree Real Estate Co Ltd (SHSE:600185) » Definitions » E10

Gree Real Estate Co (SHSE:600185) E10 : ¥0.03 (As of Sep. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Gree Real Estate 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.

Gree Real Estate Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥-0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.03 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Gree Real Estate Co's average E10 Growth Rate was -76.90% per year. During the past 3 years, the average E10 Growth Rate was -29.90% per year. During the past 5 years, the average E10 Growth Rate was -16.80% per year. During the past 10 years, the average E10 Growth Rate was 5.10% 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 Gree Real Estate Co was 44.20% per year. The lowest was -29.90% per year. And the median was 25.45% per year.

As of today (2024-12-12), Gree Real Estate Co's current stock price is ¥8.04. Gree Real Estate Co's E10 for the quarter that ended in Sep. 2024 was ¥0.03. Gree Real Estate Co's Shiller PE Ratio of today is 268.00.

During the past 13 years, the highest Shiller PE Ratio of Gree Real Estate Co was 270.33. The lowest was 13.36. And the median was 28.33.


Gree Real Estate Co E10 Historical Data

The historical data trend for Gree Real Estate 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.

Gree Real Estate Co E10 Chart

Gree Real Estate 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 0.28 0.29 0.30 0.16 0.10

Gree Real Estate Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.13 0.10 0.09 0.05 0.03

Competitive Comparison of Gree Real Estate Co's E10

For the Real Estate - Development subindustry, Gree Real Estate 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.


Gree Real Estate Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gree Real Estate Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gree Real Estate Co's Shiller PE Ratio falls into.



Gree Real Estate 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, Gree Real Estate Co's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.08/115.7848*115.7848
=-0.080

Current CPI (Sep. 2024) = 115.7848.

Gree Real Estate Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.075 99.000 0.088
201503 0.464 99.900 0.538
201506 0.066 99.500 0.077
201509 -0.150 100.500 -0.173
201512 0.310 100.600 0.357
201603 0.090 102.200 0.102
201606 0.040 101.400 0.046
201609 0.070 102.400 0.079
201612 0.110 102.600 0.124
201703 0.120 103.200 0.135
201706 0.000 103.100 0.000
201709 0.060 104.100 0.067
201712 0.090 104.500 0.100
201803 0.100 105.300 0.110
201806 0.040 104.900 0.044
201809 0.040 106.600 0.043
201812 -0.160 106.500 -0.174
201903 0.110 107.700 0.118
201906 0.080 107.700 0.086
201909 0.040 109.800 0.042
201912 0.040 111.200 0.042
202003 0.030 112.300 0.031
202006 0.200 110.400 0.210
202009 0.090 111.700 0.093
202012 -0.110 111.500 -0.114
202103 0.120 112.662 0.123
202106 0.130 111.769 0.135
202109 0.100 112.215 0.103
202112 -0.110 113.108 -0.113
202203 0.070 114.335 0.071
202206 -0.020 114.558 -0.020
202209 0.030 115.339 0.030
202212 -1.180 115.116 -1.187
202303 0.010 115.116 0.010
202306 -0.118 114.558 -0.119
202309 -0.060 115.339 -0.060
202312 -0.220 114.781 -0.222
202403 -0.050 115.227 -0.050
202406 -0.360 114.781 -0.363
202409 -0.080 115.785 -0.080

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


Gree Real Estate Co  (SHSE:600185) 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.

Gree Real Estate Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.04/0.03
=268.00

* 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 Gree Real Estate Co was 270.33. The lowest was 13.36. And the median was 28.33.


Be Aware

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


Gree Real Estate Co E10 Related Terms

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


Gree Real Estate Co Business Description

Traded in Other Exchanges
N/A
Address
No. 62 Keji 2nd Road, New and High-Technology Development Zone, Xi'an, Shanxi, CHN, 710075
Gree Real Estate Co Ltd develops real estate properties in China and internationally. The company also undertakes construction projects in various industries, including port economy, coastal economy, tourism, finance, education, agriculture, hotels, and other fields.

Gree Real Estate Co Headlines

No Headlines