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Time Publishing & Media Co (SHSE:600551) E10 : ¥0.77 (As of Mar. 2024)


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What is Time Publishing & Media 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.

Time Publishing & Media Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.127. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Time Publishing & Media Co's average E10 Growth Rate was 2.70% 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 1.50% per year. During the past 10 years, the average E10 Growth Rate was 2.20% 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 Time Publishing & Media Co was 17.70% per year. The lowest was -2.20% per year. And the median was 2.70% per year.

As of today (2024-05-22), Time Publishing & Media Co's current stock price is ¥11.84. Time Publishing & Media Co's E10 for the quarter that ended in Mar. 2024 was ¥0.77. Time Publishing & Media Co's Shiller PE Ratio of today is 15.38.

During the past 13 years, the highest Shiller PE Ratio of Time Publishing & Media Co was 49.17. The lowest was 9.06. And the median was 15.62.


Time Publishing & Media Co E10 Historical Data

The historical data trend for Time Publishing & Media 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.

Time Publishing & Media Co E10 Chart

Time Publishing & Media 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 0.72 0.71 0.73 0.74 0.77

Time Publishing & Media Co 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 0.74 0.73 0.74 0.77 0.77

Competitive Comparison of Time Publishing & Media Co's E10

For the Publishing subindustry, Time Publishing & Media 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.


Time Publishing & Media Co's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Time Publishing & Media Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Time Publishing & Media Co's Shiller PE Ratio falls into.



Time Publishing & Media 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, Time Publishing & Media Co'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)
=0.127/115.2271*115.2271
=0.127

Current CPI (Mar. 2024) = 115.2271.

Time Publishing & Media Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.224 98.200 0.263
201409 0.148 98.900 0.172
201412 0.208 99.000 0.242
201503 0.212 99.900 0.245
201506 0.246 99.500 0.285
201509 0.111 100.500 0.127
201512 0.211 100.600 0.242
201603 0.223 102.200 0.251
201606 0.237 101.400 0.269
201609 0.136 102.400 0.153
201612 0.200 102.600 0.225
201703 0.229 103.200 0.256
201706 0.074 103.100 0.083
201709 0.151 104.100 0.167
201712 0.140 104.500 0.154
201803 0.233 105.300 0.255
201806 0.105 104.900 0.115
201809 0.134 106.600 0.145
201812 0.180 106.500 0.195
201903 0.233 107.700 0.249
201906 0.071 107.700 0.076
201909 0.138 109.800 0.145
201912 0.036 111.200 0.037
202003 0.131 112.300 0.134
202006 0.089 110.400 0.093
202009 0.118 111.700 0.122
202012 0.217 111.500 0.224
202103 0.157 112.662 0.161
202106 0.318 111.769 0.328
202109 0.120 112.215 0.123
202112 0.147 113.108 0.150
202203 0.168 114.335 0.169
202206 0.122 114.558 0.123
202209 0.182 115.339 0.182
202212 0.239 115.116 0.239
202303 0.179 115.116 0.179
202306 0.196 114.558 0.197
202309 0.166 115.339 0.166
202312 0.605 114.781 0.607
202403 0.127 115.227 0.127

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


Time Publishing & Media Co  (SHSE:600551) 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.

Time Publishing & Media Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.84/0.77
=15.38

* 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 Time Publishing & Media Co was 49.17. The lowest was 9.06. And the median was 15.62.


Be Aware

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


Time Publishing & Media Co E10 Related Terms

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


Time Publishing & Media Co (SHSE:600551) Business Description

Traded in Other Exchanges
N/A
Address
No. 20 Tianzhi Road, New and High-tech Development Zone, Hefei, Anhui, CHN, 230088
Time Publishing & Media Co Ltd is a cultural media listed company. It is mainly engaged in books, periodicals, print reproduction, new media, media technology research and development, equity investment and other services.

Time Publishing & Media Co (SHSE:600551) Headlines

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