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.
Shan Xi Hua Yang Group New Energy Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.71 for the trailing ten years ended in Mar. 2024.
During the past 12 months, Shan Xi Hua Yang Group New Energy Co's average E10 Growth Rate was 16.40% per year.
During the past 3 years, the average E10 Growth Rate was 16.20% per year.
During the past 5 years, the average E10 Growth Rate was 6.90% per year.
During the past 10 years, the average E10 Growth Rate was 3.60% 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 Shan Xi Hua Yang Group New Energy Co was 16.20% per year. The lowest was -2.10% per year. And the median was 3.05% per year.
* 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.
Competitive Comparison of Shan Xi Hua Yang Group New Energy Co's E10
For the Thermal Coal subindustry, Shan Xi Hua Yang Group New Energy 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.
Shan Xi Hua Yang Group New Energy Co's Shiller PE Ratio Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Shan Xi Hua Yang Group New Energy Co's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Shan Xi Hua Yang Group New Energy Co's Shiller PE Ratio falls into.
Shan Xi Hua Yang Group New Energy 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.
Shan Xi Hua Yang Group New Energy Co Quarterly Data
per share eps
CPI
Adj_EPS
201406
0.080
98.200
0.093
201409
0.027
98.900
0.031
201412
0.133
99.000
0.154
201503
0.020
99.900
0.023
201506
0.067
99.500
0.077
201509
-0.013
100.500
-0.015
201512
-0.053
100.600
-0.060
201603
0.003
102.200
0.003
201606
0.023
101.400
0.026
201609
0.013
102.400
0.015
201612
0.087
102.600
0.097
201703
0.120
103.200
0.133
201706
0.113
103.100
0.126
201709
0.087
104.100
0.096
201712
0.133
104.500
0.146
201803
0.140
105.300
0.152
201806
0.107
104.900
0.117
201809
0.140
106.600
0.151
201812
0.160
106.500
0.172
201903
0.147
107.700
0.157
201906
0.147
107.700
0.157
201909
0.147
109.800
0.154
201912
0.033
111.200
0.034
202003
0.107
112.300
0.109
202006
0.093
110.400
0.097
202009
0.107
111.700
0.110
202012
0.113
111.500
0.116
202103
0.127
112.662
0.129
202106
0.193
111.769
0.198
202109
0.313
112.215
0.320
202112
0.347
113.108
0.352
202203
0.360
114.335
0.361
202206
0.560
114.558
0.561
202209
0.450
115.339
0.447
202212
0.580
115.116
0.578
202303
0.480
115.116
0.478
202306
0.350
114.558
0.350
202309
0.350
115.339
0.348
202312
0.260
114.669
0.260
202403
0.240
114.669
0.240
Add all the adjusted EPS together and divide 10 will get our e10.
Shan Xi Hua Yang Group New Energy Co (SHSE:600348) 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.
Shan Xi Hua Yang Group New Energy Co's Shiller P/E Ratio of today is calculated as
* 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 Shan Xi Hua Yang Group New Energy Co was 27.84. The lowest was 5.78. And the median was 10.72.
Be Aware
Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.
Shan Xi Hua Yang Group New Energy Co E10 Related Terms
Thank you for viewing the detailed overview of Shan Xi Hua Yang Group New Energy Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.
Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Business Description
Shan Xi Hua Yang Group New Energy Co Ltd, formerly Yang Quan Coal Industry (Group) Co Ltd is mainly engaged in coal mining, processing, and distribution as well as power generation and heat supply. The company has about 1.8 billion tons of recoverable coal reserves. In 2010, Yangquan produced 26.21 million tons of coal and distributed 45.38 million tons of coal.
Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Headlines
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