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Bank of Changsha Co (SHSE:601577) E10 : ¥1.57 (As of Sep. 2024)


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What is Bank of Changsha 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.

Bank of Changsha Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.57 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Bank of Changsha Co's average E10 Growth Rate was 2.60% 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), Bank of Changsha Co's current stock price is ¥8.71. Bank of Changsha Co's E10 for the quarter that ended in Sep. 2024 was ¥1.57. Bank of Changsha Co's Shiller PE Ratio of today is 5.55.

During the past 13 years, the highest Shiller PE Ratio of Bank of Changsha Co was 5.70. The lowest was 4.26. And the median was 5.18.


Bank of Changsha Co E10 Historical Data

The historical data trend for Bank of Changsha 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.

Bank of Changsha Co E10 Chart

Bank of Changsha 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 - - - - 1.51

Bank of Changsha 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 1.53 1.51 1.54 1.55 1.57

Competitive Comparison of Bank of Changsha Co's E10

For the Banks - Regional subindustry, Bank of Changsha 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.


Bank of Changsha Co's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Changsha Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Changsha Co's Shiller PE Ratio falls into.



Bank of Changsha 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, Bank of Changsha 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)
=0.52/115.7848*115.7848
=0.520

Current CPI (Sep. 2024) = 115.7848.

Bank of Changsha Co Quarterly Data

per share eps CPI Adj_EPS
201212 0.000 95.237 0.000
201306 0.000 95.984 0.000
201312 0.000 97.624 0.000
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201606 0.000 101.400 0.000
201609 0.113 102.400 0.128
201612 0.190 102.600 0.214
201703 0.350 103.200 0.393
201706 0.354 103.100 0.398
201709 0.400 104.100 0.445
201712 0.180 104.500 0.199
201803 0.400 105.300 0.440
201806 0.370 104.900 0.408
201809 0.440 106.600 0.478
201812 0.210 106.500 0.228
201903 0.400 107.700 0.430
201906 0.380 107.700 0.409
201909 0.430 109.800 0.453
201912 0.270 111.200 0.281
202003 0.450 112.300 0.464
202006 0.390 110.400 0.409
202009 0.400 111.700 0.415
202012 0.230 111.500 0.239
202103 0.470 112.662 0.483
202106 0.470 111.769 0.487
202109 0.380 112.215 0.392
202112 0.230 113.108 0.235
202203 0.450 114.335 0.456
202206 0.440 114.558 0.445
202209 0.440 115.339 0.442
202212 0.280 115.116 0.282
202303 0.490 115.116 0.493
202306 0.500 114.558 0.505
202309 0.460 115.339 0.462
202312 0.330 114.781 0.333
202403 0.520 115.227 0.523
202406 0.500 114.781 0.504
202409 0.520 115.785 0.520

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


Bank of Changsha Co  (SHSE:601577) 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.

Bank of Changsha Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.71/1.57
=5.55

* 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 Bank of Changsha Co was 5.70. The lowest was 4.26. And the median was 5.18.


Be Aware

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


Bank of Changsha Co E10 Related Terms

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


Bank of Changsha Co Business Description

Traded in Other Exchanges
N/A
Address
53 Binjiang Road, Block B, Kailin Business Center, Yuelu District, Changsha, CHN, 410205
Bank of Changsha Co Ltd is a China based company involved in the banking industry. It provides various commercial banking products and services. It offers savings products, deposits, consumer and business loans, and credit products.
Executives
Peng Jing En Director
Wang Zhu Ming Director
Chen Xi He Director
Hu Yan Jun Director
Zhao Xiao Zhong Director
Wu Si Long Director
Li Hong Hong Director
Wu Jie Ping senior management
Li Xing Shuang Director
Zhu Yu Guo Director
Yang Min Jia Director
Du Hong Yan Director
Zhang Man senior management
Xiang Hong Director
Li Xi Director

Bank of Changsha Co Headlines

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