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Shanghai Rural Commercial Bank Co (SHSE:601825) E10 : ¥1.21 (As of Sep. 2024)


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What is Shanghai Rural Commercial Bank 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.

Shanghai Rural Commercial Bank Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.21 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Shanghai Rural Commercial Bank Co's average E10 Growth Rate was 3.40% per year. During the past 3 years, the average E10 Growth Rate was 5.40% 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 Shanghai Rural Commercial Bank Co was 5.40% per year. The lowest was 5.40% per year. And the median was 5.40% per year.

As of today (2024-12-13), Shanghai Rural Commercial Bank Co's current stock price is ¥7.93. Shanghai Rural Commercial Bank Co's E10 for the quarter that ended in Sep. 2024 was ¥1.21. Shanghai Rural Commercial Bank Co's Shiller PE Ratio of today is 6.55.

During the past 13 years, the highest Shiller PE Ratio of Shanghai Rural Commercial Bank Co was 9.53. The lowest was 4.65. And the median was 5.51.


Shanghai Rural Commercial Bank Co E10 Historical Data

The historical data trend for Shanghai Rural Commercial Bank 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.

Shanghai Rural Commercial Bank Co E10 Chart

Shanghai Rural Commercial Bank 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 - 0.99 1.04 1.14 1.16

Shanghai Rural Commercial Bank 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 1.17 1.16 1.18 1.19 1.21

Competitive Comparison of Shanghai Rural Commercial Bank Co's E10

For the Banks - Regional subindustry, Shanghai Rural Commercial Bank 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.


Shanghai Rural Commercial Bank Co's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Shanghai Rural Commercial Bank Co's Shiller PE Ratio falls into.



Shanghai Rural Commercial Bank 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, Shanghai Rural Commercial Bank 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)
=0.37/115.7848*115.7848
=0.370

Current CPI (Sep. 2024) = 115.7848.

Shanghai Rural Commercial Bank Co Quarterly Data

per share eps CPI Adj_EPS
201312 0.000 97.624 0.000
201409 0.000 98.900 0.000
201412 0.000 99.000 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
201609 0.000 102.400 0.000
201612 0.289 102.600 0.326
201703 0.332 103.200 0.372
201706 0.339 103.100 0.381
201709 0.321 104.100 0.357
201712 0.226 104.500 0.250
201803 0.000 105.300 0.000
201806 0.480 104.900 0.530
201809 0.240 106.600 0.261
201812 0.179 106.500 0.195
201903 0.263 107.700 0.283
201906 0.282 107.700 0.303
201909 0.232 109.800 0.245
201912 0.242 111.200 0.252
202003 0.280 112.300 0.289
202006 0.220 110.400 0.231
202009 0.227 111.700 0.235
202012 0.210 111.500 0.218
202103 0.280 112.662 0.288
202106 0.310 111.769 0.321
202109 0.280 112.215 0.289
202112 0.210 113.108 0.215
202203 0.320 114.335 0.324
202206 0.290 114.558 0.293
202209 0.320 115.339 0.321
202212 0.210 115.116 0.211
202303 0.360 115.116 0.362
202306 0.360 114.558 0.364
202309 0.360 115.339 0.361
202312 0.180 114.781 0.182
202403 0.370 115.227 0.372
202406 0.350 114.781 0.353
202409 0.370 115.785 0.370

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


Shanghai Rural Commercial Bank Co  (SHSE:601825) 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.

Shanghai Rural Commercial Bank Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.93/1.21
=6.55

* 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 Shanghai Rural Commercial Bank Co was 9.53. The lowest was 4.65. And the median was 5.51.


Be Aware

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


Shanghai Rural Commercial Bank Co E10 Related Terms

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


Shanghai Rural Commercial Bank Co Business Description

Traded in Other Exchanges
N/A
Address
No. 70, Zhongshan East Second Road, Huangpu District, Shanghai, CHN, 200002
Shanghai Rural Commercial Bank Co Ltd is engaged in the corporate banking, personal banking and financial market business.
Executives
Chen Ying Director
Shen Dong senior management
Yang Yuan Jun Supervisors
Jin Jian Hua senior management
Gu Xian Bin senior management
Xu Li Director
Guo Ru Fei Supervisors
Zhang Hong Biao senior management
Ying Zhang Ming senior management
Yao Xiao Gang senior management
Gu Jian Zhong Director
Yu Min Hua senior management
Li Jian Guo Supervisors
Xu Jing Fen Supervisors

Shanghai Rural Commercial Bank Co Headlines

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