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Aisino (SHSE:600271) E10 : ¥0.68 (As of Mar. 2024)


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What is Aisino 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.

Aisino's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥-0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aisino's average E10 Growth Rate was -11.70% per year. During the past 3 years, the average E10 Growth Rate was -2.70% per year. During the past 5 years, the average E10 Growth Rate was 0.10% per year. During the past 10 years, the average E10 Growth Rate was 6.50% 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 Aisino was 14.80% per year. The lowest was -2.70% per year. And the median was 9.30% per year.

As of today (2024-05-15), Aisino's current stock price is ¥8.29. Aisino's E10 for the quarter that ended in Mar. 2024 was ¥0.68. Aisino's Shiller PE Ratio of today is 12.19.

During the past 13 years, the highest Shiller PE Ratio of Aisino was 100.36. The lowest was 11.89. And the median was 27.39.


Aisino E10 Historical Data

The historical data trend for Aisino'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.

Aisino E10 Chart

Aisino 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 0.77 0.77 0.77 0.78 0.71

Aisino Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.77 0.76 0.75 0.71 0.68

Competitive Comparison of Aisino's E10

For the Software - Application subindustry, Aisino'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.


Aisino's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Aisino's Shiller PE Ratio distribution charts can be found below:

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



Aisino 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, Aisino's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.16/114.6694*114.6694
=-0.160

Current CPI (Mar. 2024) = 114.6694.

Aisino Quarterly Data

per share eps CPI Adj_EPS
201406 0.190 98.200 0.222
201409 0.145 98.900 0.168
201412 0.130 99.000 0.151
201503 0.175 99.900 0.201
201506 0.255 99.500 0.294
201509 0.230 100.500 0.262
201512 0.190 100.600 0.217
201603 0.200 102.200 0.224
201606 0.135 101.400 0.153
201609 0.180 102.400 0.202
201612 0.320 102.600 0.358
201703 0.210 103.200 0.233
201706 0.100 103.100 0.111
201709 0.300 104.100 0.330
201712 0.230 104.500 0.252
201803 0.050 105.300 0.054
201806 0.150 104.900 0.164
201809 0.260 106.600 0.280
201812 0.410 106.500 0.441
201903 0.280 107.700 0.298
201906 0.090 107.700 0.096
201909 0.240 109.800 0.251
201912 0.160 111.200 0.165
202003 -0.230 112.300 -0.235
202006 0.270 110.400 0.280
202009 0.050 111.700 0.051
202012 0.470 111.500 0.483
202103 0.150 112.662 0.153
202106 0.045 111.769 0.046
202109 0.091 112.215 0.093
202112 0.264 113.108 0.268
202203 0.033 114.335 0.033
202206 0.125 114.558 0.125
202209 0.037 115.339 0.037
202212 0.386 115.116 0.385
202303 0.130 115.116 0.129
202306 0.154 114.558 0.154
202309 -0.035 115.339 -0.035
202312 -0.139 114.669 -0.139
202403 -0.160 114.669 -0.160

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


Aisino  (SHSE:600271) 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.

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

Shiller PE Ratio=Share Price/E10
=8.29/0.68
=12.19

* 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 Aisino was 100.36. The lowest was 11.89. And the median was 27.39.


Be Aware

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


Aisino E10 Related Terms

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


Aisino (SHSE:600271) Business Description

Traded in Other Exchanges
N/A
Address
No.18A, Xingshikou Street, Haidian District, Beijing, Beijing, CHN, 100195
Aisino Corp is a technology company specializing in information security. Its products and solutions are used in the fields of finance, education, customs, public security and urban services. The company provides solutions such as dedicated taxation equipment, public safety solutions, intelligent emergency, intelligent warehouse and logistics, border crossing security monitoring system, intelligent asset management solution, financial payment solutions and others.

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