GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Caida Securities Co Ltd (SHSE:600906) » Definitions » E10

Caida Securities Co (SHSE:600906) E10 : ¥0.17 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Caida Securities 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.

Caida Securities Co's adjusted earnings per share data for the three months ended in Jun. 2024 was ¥0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.17 for the trailing ten years ended in Jun. 2024.

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.

As of today (2024-09-21), Caida Securities Co's current stock price is ¥5.81. Caida Securities Co's E10 for the quarter that ended in Jun. 2024 was ¥0.17. Caida Securities Co's Shiller PE Ratio of today is 34.18.

During the past 13 years, the highest Shiller PE Ratio of Caida Securities Co was 46.29. The lowest was 32.76. And the median was 41.53.


Caida Securities Co E10 Historical Data

The historical data trend for Caida Securities 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.

Caida Securities Co E10 Chart

Caida Securities 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 - - - - 0.17

Caida Securities Co Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 0.18 0.17 0.17 0.17

Competitive Comparison of Caida Securities Co's E10

For the Capital Markets subindustry, Caida Securities 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.


Caida Securities Co's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Caida Securities Co's Shiller PE Ratio distribution charts can be found below:

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



Caida Securities 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, Caida Securities Co's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.04/114.7809*114.7809
=0.040

Current CPI (Jun. 2024) = 114.7809.

Caida Securities Co Quarterly Data

per share eps CPI Adj_EPS
200812 0.000 83.956 0.000
200912 0.000 85.386 0.000
201012 0.000 89.289 0.000
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 0.000 99.900 0.000
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 0.000 102.200 0.000
201606 0.000 101.400 0.000
201612 0.000 102.600 0.000
201706 0.000 103.100 0.000
201712 0.000 104.500 0.000
201803 0.029 105.300 0.032
201806 -0.019 104.900 -0.021
201812 0.000 106.500 0.000
201903 0.106 107.700 0.113
201906 0.035 107.700 0.037
201912 0.000 111.200 0.000
202003 0.070 112.300 0.072
202006 0.010 110.400 0.010
202009 0.050 111.700 0.051
202012 0.060 111.500 0.062
202103 0.080 112.662 0.082
202106 0.070 111.769 0.072
202109 0.030 112.215 0.031
202112 0.040 113.108 0.041
202203 0.020 114.335 0.020
202206 0.060 114.558 0.060
202209 0.040 115.339 0.040
202212 -0.030 115.116 -0.030
202303 0.060 115.116 0.060
202306 0.070 114.558 0.070
202309 0.040 115.339 0.040
202312 0.020 114.781 0.020
202403 0.030 115.227 0.030
202406 0.040 114.781 0.040

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


Caida Securities Co  (SHSE:600906) 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.

Caida Securities Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.81/0.17
=34.18

* 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 Caida Securities Co was 46.29. The lowest was 32.76. And the median was 41.53.


Be Aware

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


Caida Securities Co E10 Related Terms

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


Caida Securities Co Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Ziqiang Road, Hebei Province, Shijiazhuang, CHN, 050000
Caida Securities Co Ltd is engaged in securities brokerage, securities investment consulting, securities underwriting and sponsorship, securities self-operation, securities asset management, margin trading and securities lending, securities investment fund agency sales, financial advisors related to securities trading and securities investment activities, financial products sales agency.

Caida Securities Co Headlines

No Headlines