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Tianjin Port Holding Co (SHSE:600717) E10 : ¥0.37 (As of Mar. 2024)


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What is Tianjin Port 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.

Tianjin Port Holding Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tianjin Port Holding Co's average E10 Growth Rate was -2.60% per year. During the past 3 years, the average E10 Growth Rate was -1.80% 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 Tianjin Port Holding Co was 10.10% per year. The lowest was -1.80% per year. And the median was 6.80% per year.

As of today (2024-04-30), Tianjin Port Holding Co's current stock price is ¥4.45. Tianjin Port Holding Co's E10 for the quarter that ended in Mar. 2024 was ¥0.37. Tianjin Port Holding Co's Shiller PE Ratio of today is 12.03.

During the past 13 years, the highest Shiller PE Ratio of Tianjin Port Holding Co was 34.64. The lowest was 9.60. And the median was 12.16.


Tianjin Port Holding Co E10 Historical Data

The historical data trend for Tianjin Port 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.

Tianjin Port Holding Co E10 Chart

Tianjin Port 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 0.38 0.38 0.38 - 0.36

Tianjin Port Holding 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 0.38 0.37 0.37 0.36 0.37

Competitive Comparison of Tianjin Port Holding Co's E10

For the Marine Shipping subindustry, Tianjin Port 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.


Tianjin Port Holding Co's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tianjin Port Holding Co's Shiller PE Ratio distribution charts can be found below:

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



Tianjin Port 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, Tianjin Port Holding 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)
=0.11/114.6694*114.6694
=0.110

Current CPI (Mar. 2024) = 114.6694.

Tianjin Port Holding Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.122 98.200 0.142
201409 0.104 98.900 0.121
201412 0.087 99.000 0.101
201503 0.093 99.900 0.107
201506 0.139 99.500 0.160
201509 0.116 100.500 0.132
201512 0.081 100.600 0.092
201603 0.098 102.200 0.110
201606 0.127 101.400 0.144
201609 0.127 102.400 0.142
201612 0.098 102.600 0.110
201703 0.093 103.200 0.103
201706 0.098 103.100 0.109
201709 0.087 104.100 0.096
201712 0.006 104.500 0.007
201803 0.081 105.300 0.088
201806 0.106 104.900 0.116
201809 0.083 106.600 0.089
201812 -0.049 106.500 -0.053
201903 0.056 107.700 0.060
201906 0.136 107.700 0.145
201909 0.092 109.800 0.096
201912 -0.008 111.200 -0.008
202003 0.050 112.300 0.051
202006 0.140 110.400 0.145
202009 0.083 111.700 0.085
202012 0.021 111.500 0.022
202103 0.070 112.662 0.071
202106 0.100 111.769 0.103
202109 0.060 112.215 0.061
202112 0.110 113.108 0.112
202203 0.040 114.335 0.040
202206 0.140 114.558 0.140
202209 0.080 115.339 0.080
202212 0.000 115.116 0.000
202303 0.100 115.116 0.100
202306 0.110 114.558 0.110
202309 0.110 115.339 0.109
202312 0.020 114.669 0.020
202403 0.110 114.669 0.110

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


Tianjin Port Holding Co  (SHSE:600717) 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.

Tianjin Port Holding Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.45/0.37
=12.03

* 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 Tianjin Port Holding Co was 34.64. The lowest was 9.60. And the median was 12.16.


Be Aware

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


Tianjin Port Holding Co E10 Related Terms

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


Tianjin Port Holding Co (SHSE:600717) Business Description

Traded in Other Exchanges
N/A
Address
Tongda Square No. 1 District A, Tianjin Free Trade Zone, Tianjin, Tianjin, CHN, 300461
Tianjin Port Holding Co Ltd is engaged in the shipping industry.

Tianjin Port Holding Co (SHSE:600717) Headlines

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