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Jiangsu Expressway Co (SHSE:600377) E10 : ¥0.79 (As of Dec. 2024)


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What is Jiangsu Expressway 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.

Jiangsu Expressway Co's adjusted earnings per share data for the three months ended in Dec. 2024 was ¥0.164. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.79 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Jiangsu Expressway Co's average E10 Growth Rate was 6.80% per year. During the past 3 years, the average E10 Growth Rate was 4.60% per year. During the past 5 years, the average E10 Growth Rate was 3.50% per year. During the past 10 years, the average E10 Growth Rate was 6.20% 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 Jiangsu Expressway Co was 12.90% per year. The lowest was 2.40% per year. And the median was 8.50% per year.

As of today (2025-04-06), Jiangsu Expressway Co's current stock price is ¥15.39. Jiangsu Expressway Co's E10 for the quarter that ended in Dec. 2024 was ¥0.79. Jiangsu Expressway Co's Shiller PE Ratio of today is 19.48.

During the past 13 years, the highest Shiller PE Ratio of Jiangsu Expressway Co was 23.70. The lowest was 9.99. And the median was 16.00.


Jiangsu Expressway Co E10 Historical Data

The historical data trend for Jiangsu Expressway 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.

Jiangsu Expressway Co E10 Chart

Jiangsu Expressway Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.69 0.72 0.74 0.79

Jiangsu Expressway Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.74 0.76 0.77 0.79 0.79

Competitive Comparison of Jiangsu Expressway Co's E10

For the Infrastructure Operations subindustry, Jiangsu Expressway 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.


Jiangsu Expressway Co's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangsu Expressway Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Expressway Co's Shiller PE Ratio falls into.


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Jiangsu Expressway 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, Jiangsu Expressway Co's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.164/114.8925*114.8925
=0.164

Current CPI (Dec. 2024) = 114.8925.

Jiangsu Expressway Co Quarterly Data

per share eps CPI Adj_EPS
201503 0.130 99.900 0.150
201506 0.212 99.500 0.245
201509 0.147 100.500 0.168
201512 0.008 100.600 0.009
201603 0.154 102.200 0.173
201606 0.156 101.400 0.177
201609 0.175 102.400 0.196
201612 0.180 102.600 0.202
201703 0.174 103.200 0.194
201706 0.203 103.100 0.226
201709 0.198 104.100 0.219
201712 0.137 104.500 0.151
201803 0.202 105.300 0.220
201806 0.292 104.900 0.320
201809 0.231 106.600 0.249
201812 0.144 106.500 0.155
201903 0.205 107.700 0.219
201906 0.248 107.700 0.265
201909 0.254 109.800 0.266
201912 0.127 111.200 0.131
202003 -0.007 112.300 -0.007
202006 0.103 110.400 0.107
202009 0.280 111.700 0.288
202012 0.113 111.500 0.116
202103 0.227 112.662 0.231
202106 0.305 111.769 0.314
202109 0.231 112.215 0.237
202112 0.087 113.108 0.088
202203 0.167 114.335 0.168
202206 0.196 114.558 0.197
202209 0.254 115.339 0.253
202212 0.122 115.116 0.122
202303 0.244 115.116 0.244
202306 0.249 114.558 0.250
202309 0.309 115.339 0.308
202312 0.075 114.781 0.075
202403 0.248 115.227 0.247
202406 0.298 114.781 0.298
202409 0.272 115.785 0.270
202412 0.164 114.893 0.164

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


Jiangsu Expressway Co  (SHSE:600377) 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.

Jiangsu Expressway Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.39/0.79
=19.48

* 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 Jiangsu Expressway Co was 23.70. The lowest was 9.99. And the median was 16.00.


Be Aware

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


Jiangsu Expressway Co E10 Related Terms

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


Jiangsu Expressway Co Business Description

Traded in Other Exchanges
Address
6 Xianlin Avenue, Jiangsu Province, Nanjing, CHN, 210049
Jiangsu Expressway Co Ltd is principally engaged in the investment, construction, operation and management of toll roads and bridges in Jiangsu Province and the development of service areas along expressways. It operates through the following segments: Shanghai-Nanjing Expressway is a key revenue driver, Guangjing Expressway, and Xicheng Expressway, Xiyi Expressway and Wuxi Huantaihu Expressway, Ningchang Expressway and Zhenli Expressway, Zhendan Expressway, Wufengshan Expressway, Changyi Expressway, Yichang Expressway, Longtan Bridge, Ancillary services, Real estate development, sales of electricity and advertising and others.

Jiangsu Expressway Co Headlines

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