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Liaoning Energy Industry Co (SHSE:600758) E10 : ¥-0.04 (As of Mar. 2024)


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What is Liaoning Energy Industry 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.

Liaoning Energy Industry Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥-0.04 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -10.10% 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 Liaoning Energy Industry Co was 30.70% per year. The lowest was -41.50% per year. And the median was -20.60% per year.

As of today (2024-06-20), Liaoning Energy Industry Co's current stock price is ¥2.99. Liaoning Energy Industry Co's E10 for the quarter that ended in Mar. 2024 was ¥-0.04. Liaoning Energy Industry Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Liaoning Energy Industry Co was 649.50. The lowest was 59.36. And the median was 154.00.


Liaoning Energy Industry Co E10 Historical Data

The historical data trend for Liaoning Energy Industry 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.

Liaoning Energy Industry Co E10 Chart

Liaoning Energy Industry 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 0.02 -0.03 -0.03 -0.03 -0.04

Liaoning Energy Industry 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 -0.01 -0.01 -0.03 -0.04 -0.04

Competitive Comparison of Liaoning Energy Industry Co's E10

For the Utilities - Regulated Electric subindustry, Liaoning Energy Industry 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.


Liaoning Energy Industry Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Liaoning Energy Industry Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Liaoning Energy Industry Co's Shiller PE Ratio falls into.



Liaoning Energy Industry 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, Liaoning Energy Industry 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)
=0.06/115.2271*115.2271
=0.060

Current CPI (Mar. 2024) = 115.2271.

Liaoning Energy Industry Co Quarterly Data

per share eps CPI Adj_EPS
201406 -0.012 98.200 -0.014
201409 -0.012 98.900 -0.014
201412 -0.339 99.000 -0.395
201503 0.110 99.900 0.127
201506 -0.182 99.500 -0.211
201509 -0.163 100.500 -0.187
201512 -0.195 100.600 -0.223
201603 0.020 102.200 0.023
201606 -0.190 101.400 -0.216
201609 -0.062 102.400 -0.070
201612 0.359 102.600 0.403
201703 0.280 103.200 0.313
201706 0.060 103.100 0.067
201709 0.019 104.100 0.021
201712 -0.008 104.500 -0.009
201803 0.070 105.300 0.077
201806 -0.030 104.900 -0.033
201809 -0.033 106.600 -0.036
201812 0.087 106.500 0.094
201903 0.070 107.700 0.075
201906 0.030 107.700 0.032
201909 -0.091 109.800 -0.095
201912 0.012 111.200 0.012
202003 -0.060 112.300 -0.062
202006 -0.090 110.400 -0.094
202009 -0.180 111.700 -0.186
202012 -0.030 111.500 -0.031
202103 0.030 112.662 0.031
202106 -0.070 111.769 -0.072
202109 0.046 112.215 0.047
202112 0.014 113.108 0.014
202203 0.170 114.335 0.171
202206 0.020 114.558 0.020
202209 -0.030 115.339 -0.030
202212 -0.010 115.116 -0.010
202303 0.220 115.116 0.220
202306 -0.030 114.558 -0.030
202309 -0.140 115.339 -0.140
202312 -0.030 114.781 -0.030
202403 0.060 115.227 0.060

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


Liaoning Energy Industry Co  (SHSE:600758) 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.

During the past 13 years, the highest Shiller P/E Ratio of Liaoning Energy Industry Co was 649.50. The lowest was 59.36. And the median was 154.00.


Be Aware

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


Liaoning Energy Industry Co E10 Related Terms

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


Liaoning Energy Industry Co (SHSE:600758) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-1, Qingnian Street, Floor 29, Building 1, Shenhe District, Liaoning Province, Shenyang, CHN, 110000
Liaoning Energy Industry Co Ltd, formerly Liaoning Hongyang Energy Resource Invest Co Ltd is a China-based company engaged in electric power generation, heat supply, and steam supply.
Executives
Yu Miao Director

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