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Wuxi New Hongtai Electrical Technology Co (SHSE:603016) E10 : ¥0.46 (As of Mar. 2024)


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What is Wuxi New Hongtai Electrical Technology 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.

Wuxi New Hongtai Electrical Technology Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.46 for the trailing ten years ended in Mar. 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 (2024-05-16), Wuxi New Hongtai Electrical Technology Co's current stock price is ¥17.47. Wuxi New Hongtai Electrical Technology Co's E10 for the quarter that ended in Mar. 2024 was ¥0.46. Wuxi New Hongtai Electrical Technology Co's Shiller PE Ratio of today is 37.98.

During the past 13 years, the highest Shiller PE Ratio of Wuxi New Hongtai Electrical Technology Co was 43.19. The lowest was 31.73. And the median was 35.67.


Wuxi New Hongtai Electrical Technology Co E10 Historical Data

The historical data trend for Wuxi New Hongtai Electrical Technology 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.

Wuxi New Hongtai Electrical Technology Co E10 Chart

Wuxi New Hongtai Electrical Technology 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 - - - - 0.52

Wuxi New Hongtai Electrical Technology 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 - - - 0.52 0.46

Competitive Comparison of Wuxi New Hongtai Electrical Technology Co's E10

For the Electronic Components subindustry, Wuxi New Hongtai Electrical Technology 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.


Wuxi New Hongtai Electrical Technology Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuxi New Hongtai Electrical Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Wuxi New Hongtai Electrical Technology Co's Shiller PE Ratio falls into.



Wuxi New Hongtai Electrical Technology 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, Wuxi New Hongtai Electrical Technology 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)
=0.11/115.2271*115.2271
=0.110

Current CPI (Mar. 2024) = 115.2271.

Wuxi New Hongtai Electrical Technology Co Quarterly Data

per share eps CPI Adj_EPS
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 0.130 99.900 0.150
201506 0.170 99.500 0.197
201509 0.120 100.500 0.138
201512 0.140 100.600 0.160
201603 0.130 102.200 0.147
201606 0.170 101.400 0.193
201609 0.100 102.400 0.113
201612 0.110 102.600 0.124
201703 0.090 103.200 0.100
201706 0.110 103.100 0.123
201709 0.030 104.100 0.033
201712 0.070 104.500 0.077
201803 0.110 105.300 0.120
201806 0.100 104.900 0.110
201809 0.110 106.600 0.119
201812 0.090 106.500 0.097
201903 0.110 107.700 0.118
201906 0.132 107.700 0.141
201909 0.090 109.800 0.094
201912 0.090 111.200 0.093
202003 0.080 112.300 0.082
202006 0.130 110.400 0.136
202009 0.110 111.700 0.113
202012 0.100 111.500 0.103
202103 0.070 112.662 0.072
202106 0.090 111.769 0.093
202109 0.120 112.215 0.123
202112 0.080 113.108 0.081
202203 0.070 114.335 0.071
202206 0.120 114.558 0.121
202209 0.150 115.339 0.150
202212 0.110 115.116 0.110
202303 0.100 115.116 0.100
202306 0.130 114.558 0.131
202309 0.120 115.339 0.120
202312 0.110 114.781 0.110
202403 0.110 115.227 0.110

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


Wuxi New Hongtai Electrical Technology Co  (SHSE:603016) 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.

Wuxi New Hongtai Electrical Technology Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.47/0.46
=37.98

* 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 Wuxi New Hongtai Electrical Technology Co was 43.19. The lowest was 31.73. And the median was 35.67.


Be Aware

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


Wuxi New Hongtai Electrical Technology Co E10 Related Terms

Thank you for viewing the detailed overview of Wuxi New Hongtai Electrical Technology Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Wuxi New Hongtai Electrical Technology Co (SHSE:603016) Business Description

Traded in Other Exchanges
N/A
Address
No.18 Yanxin Road, Yanqiao Town, Huishan District, Jiangsu, Wuxi, CHN, 214174
Wuxi New Hongtai Electrical Technology Co Ltd is engaged in the development, production, and sale of electronic components including circuit breakers, low-voltage circuit breakers and fuse switch knife. Its main products include low voltage circuit breakers and circuit breakers, BMC/SMC molded insulating materials and products, micro motors and electric operating mechanisms, knife fuse switches.

Wuxi New Hongtai Electrical Technology Co (SHSE:603016) Headlines

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