GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Dongxing Securities Co Ltd (SHSE:601198) » Definitions » E10

Dongxing Securities Co (SHSE:601198) E10 : ¥0.50 (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Dongxing 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.

Dongxing Securities Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.114. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.50 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Dongxing Securities Co's average E10 Growth Rate was -3.80% 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.

As of today (2024-12-13), Dongxing Securities Co's current stock price is ¥11.68. Dongxing Securities Co's E10 for the quarter that ended in Sep. 2024 was ¥0.50. Dongxing Securities Co's Shiller PE Ratio of today is 23.36.

During the past 13 years, the highest Shiller PE Ratio of Dongxing Securities Co was 25.64. The lowest was 13.70. And the median was 16.08.


Dongxing Securities Co E10 Historical Data

The historical data trend for Dongxing 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.

Dongxing Securities Co E10 Chart

Dongxing 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 - - 0.55 0.55 0.51

Dongxing Securities Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.52 0.51 0.51 0.50 0.50

Competitive Comparison of Dongxing Securities Co's E10

For the Capital Markets subindustry, Dongxing 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.


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

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.114/115.7848*115.7848
=0.114

Current CPI (Sep. 2024) = 115.7848.

Dongxing Securities Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.160 99.000 0.187
201503 0.310 99.900 0.359
201506 0.340 99.500 0.396
201509 0.090 100.500 0.104
201512 0.105 100.600 0.121
201603 0.110 102.200 0.125
201606 0.194 101.400 0.222
201609 0.140 102.400 0.158
201612 0.087 102.600 0.098
201703 0.110 103.200 0.123
201706 0.095 103.100 0.107
201709 0.130 104.100 0.145
201712 0.135 104.500 0.150
201803 0.100 105.300 0.110
201806 0.108 104.900 0.119
201809 0.070 106.600 0.076
201812 0.083 106.500 0.090
201903 0.200 107.700 0.215
201906 0.112 107.700 0.120
201909 0.090 109.800 0.095
201912 0.041 111.200 0.043
202003 0.110 112.300 0.113
202006 0.173 110.400 0.181
202009 0.170 111.700 0.176
202012 0.097 111.500 0.101
202103 0.091 112.662 0.094
202106 0.174 111.769 0.180
202109 0.163 112.215 0.168
202112 0.146 113.108 0.149
202203 0.009 114.335 0.009
202206 0.076 114.558 0.077
202209 0.084 115.339 0.084
202212 -0.009 115.116 -0.009
202303 0.068 115.116 0.068
202306 0.040 114.558 0.040
202309 0.037 115.339 0.037
202312 0.109 114.781 0.110
202403 0.112 115.227 0.113
202406 0.066 114.781 0.067
202409 0.114 115.785 0.114

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


Dongxing Securities Co  (SHSE:601198) 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.

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

Shiller PE Ratio=Share Price/E10
=11.68/0.5
=23.36

* 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 Dongxing Securities Co was 25.64. The lowest was 13.70. And the median was 16.08.


Be Aware

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


Dongxing Securities Co E10 Related Terms

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


Dongxing Securities Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Financial Street, Financial Street Center, Floor 6, 10, 12, 15, 16, Block B, Xinsheng Building, Xicheng District, Beijing, CHN, 100033
Dongxing Securities Co Ltd is engaged in securities brokerage, securities investment consulting, financial consultants related to securities trading and securities investment activities, securities underwriting and sponsorship, securities investment fund sales, securities self-operation and securities asset management business, margin financing and securities lending business, and consignment of financial products.
Executives
Ye Shu Yu Supervisors
Xu Xiang Yang Supervisors

Dongxing Securities Co Headlines

No Headlines