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Zhejiang Hengtong Holding Co (SHSE:600226) E10 : ¥0.03 (As of Sep. 2024)


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What is Zhejiang Hengtong Holding 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.

Zhejiang Hengtong Holding Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.020. 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.

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 Zhejiang Hengtong Holding Co was 7.70% per year. The lowest was -53.60% per year. And the median was -12.60% per year.

As of today (2024-12-14), Zhejiang Hengtong Holding Co's current stock price is ¥2.70. Zhejiang Hengtong Holding Co's E10 for the quarter that ended in Sep. 2024 was ¥0.03. Zhejiang Hengtong Holding Co's Shiller PE Ratio of today is 90.00.

During the past 13 years, the highest Shiller PE Ratio of Zhejiang Hengtong Holding Co was 290.00. The lowest was 22.20. And the median was 58.63.


Zhejiang Hengtong Holding Co E10 Historical Data

The historical data trend for Zhejiang Hengtong Holding 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.

Zhejiang Hengtong Holding Co E10 Chart

Zhejiang Hengtong Holding 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 0.06 0.01 0.01 0.03 -

Zhejiang Hengtong Holding 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 0.03 - 0.03 0.03 0.03

Competitive Comparison of Zhejiang Hengtong Holding Co's E10

For the Conglomerates subindustry, Zhejiang Hengtong Holding 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.


Zhejiang Hengtong Holding Co's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Zhejiang Hengtong Holding Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Hengtong Holding Co's Shiller PE Ratio falls into.



Zhejiang Hengtong Holding 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, Zhejiang Hengtong Holding 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)
=0.02/115.7848*115.7848
=0.020

Current CPI (Sep. 2024) = 115.7848.

Zhejiang Hengtong Holding Co Quarterly Data

per share eps CPI Adj_EPS
201412 -0.011 99.000 -0.013
201503 0.022 99.900 0.025
201506 0.022 99.500 0.026
201509 0.022 100.500 0.025
201512 0.000 100.600 0.000
201603 0.022 102.200 0.025
201606 0.038 101.400 0.043
201609 0.085 102.400 0.096
201612 -0.015 102.600 -0.017
201703 0.050 103.200 0.056
201706 0.029 103.100 0.033
201709 0.010 104.100 0.011
201712 0.020 104.500 0.022
201803 0.020 105.300 0.022
201806 0.030 104.900 0.033
201809 0.020 106.600 0.022
201812 -0.020 106.500 -0.022
201903 0.030 107.700 0.032
201906 0.020 107.700 0.022
201909 0.020 109.800 0.021
201912 -0.280 111.200 -0.292
202003 0.010 112.300 0.010
202006 0.041 110.400 0.043
202009 0.010 111.700 0.010
202012 -0.360 111.500 -0.374
202103 0.030 112.662 0.031
202106 0.030 111.769 0.031
202109 0.080 112.215 0.083
202112 -0.020 113.108 -0.020
202203 0.110 114.335 0.111
202206 0.020 114.558 0.020
202209 0.050 115.339 0.050
202212 -0.020 115.116 -0.020
202303 0.010 115.116 0.010
202306 0.021 114.558 0.021
202309 0.020 115.339 0.020
202312 0.000 114.781 0.000
202403 0.020 115.227 0.020
202406 0.020 114.781 0.020
202409 0.020 115.785 0.020

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


Zhejiang Hengtong Holding Co  (SHSE:600226) 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.

Zhejiang Hengtong Holding Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.70/0.03
=90.00

* 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 Zhejiang Hengtong Holding Co was 290.00. The lowest was 22.20. And the median was 58.63.


Be Aware

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


Zhejiang Hengtong Holding Co E10 Related Terms

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


Zhejiang Hengtong Holding Co Business Description

Traded in Other Exchanges
N/A
Address
Yuping Road, Building C15, Geographic Information Town, Deqing County, Zhejiang, Huzhou, CHN, 313200
Zhejiang Hengtong Holding Co Ltd is engaged in online game research, development, agency distribution, IP and source code cooperation, film and variety and other related businesses and production and sale of biological pesticides, veterinary drugs, feed additive products, and combined heat and power.
Executives
Shen Pei Jin Director
Shen De Tang Director
Tao Shun Xiao senior management
Chen Wei Qun Director
Shen Hong Quan senior management
Yao Yun Quan senior management
Li Wen Hong Supervisors
Lv Miao Yue senior management
Xu Hong Biao Supervisors
Chu Xiao He senior management
Zhang Wen Jun senior management
Wu Song Gen Director
Xu Fen senior management
Yang Chun Fang Director
Wang Xin Pei senior management

Zhejiang Hengtong Holding Co Headlines

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