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Qianhe Condiment and Food Co (SHSE:603027) E10 : ¥0.34 (As of Sep. 2024)


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What is Qianhe Condiment and Food 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.

Qianhe Condiment and Food Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.098. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.34 for the trailing ten years ended in Sep. 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 (2025-03-03), Qianhe Condiment and Food Co's current stock price is ¥11.51. Qianhe Condiment and Food Co's E10 for the quarter that ended in Sep. 2024 was ¥0.34. Qianhe Condiment and Food Co's Shiller PE Ratio of today is 33.85.

During the past 13 years, the highest Shiller PE Ratio of Qianhe Condiment and Food Co was 47.14. The lowest was 24.90. And the median was 37.76.


Qianhe Condiment and Food Co E10 Historical Data

The historical data trend for Qianhe Condiment and Food 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.

Qianhe Condiment and Food Co E10 Chart

Qianhe Condiment and Food 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 - - - - 0.36

Qianhe Condiment and Food 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 - 0.36 0.37 0.40 0.34

Competitive Comparison of Qianhe Condiment and Food Co's E10

For the Packaged Foods subindustry, Qianhe Condiment and Food 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.


Qianhe Condiment and Food Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Qianhe Condiment and Food Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Qianhe Condiment and Food Co's Shiller PE Ratio falls into.



Qianhe Condiment and Food 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, Qianhe Condiment and Food 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)
=0.098/115.7848*115.7848
=0.098

Current CPI (Sep. 2024) = 115.7848.

Qianhe Condiment and Food Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.441 99.000 0.516
201503 0.028 99.900 0.032
201506 0.020 99.500 0.023
201509 0.027 100.500 0.031
201512 0.023 100.600 0.026
201603 0.035 102.200 0.040
201606 0.027 101.400 0.031
201609 0.050 102.400 0.057
201612 0.051 102.600 0.058
201703 0.083 103.200 0.093
201706 0.042 103.100 0.047
201709 0.032 104.100 0.036
201712 0.043 104.500 0.048
201803 0.120 105.300 0.132
201806 0.028 104.900 0.031
201809 0.059 106.600 0.064
201812 0.093 106.500 0.101
201903 0.074 107.700 0.080
201906 0.054 107.700 0.058
201909 0.074 109.800 0.078
201912 0.088 111.200 0.092
202003 0.103 112.300 0.106
202006 0.092 110.400 0.096
202009 0.070 111.700 0.073
202012 -0.019 111.500 -0.020
202103 0.042 112.662 0.043
202106 0.027 111.769 0.028
202109 0.069 112.215 0.071
202112 0.093 113.108 0.095
202203 0.058 114.335 0.059
202206 0.066 114.558 0.067
202209 0.072 115.339 0.072
202212 0.163 115.116 0.164
202303 0.150 115.116 0.151
202306 0.115 114.558 0.116
202309 0.127 115.339 0.127
202312 0.140 114.781 0.141
202403 0.151 115.227 0.152
202406 0.093 114.781 0.094
202409 0.098 115.785 0.098

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


Qianhe Condiment and Food Co  (SHSE:603027) 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.

Qianhe Condiment and Food Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.51/0.34
=33.85

* 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 Qianhe Condiment and Food Co was 47.14. The lowest was 24.90. And the median was 37.76.


Be Aware

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


Qianhe Condiment and Food Co E10 Related Terms

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


Qianhe Condiment and Food Co Business Description

Traded in Other Exchanges
N/A
Address
South China Min Hongjiadu, Dongpo District, Sichuan, Meishan, CHN
Qianhe Condiment and Food Co Ltd manufacture and sells various food additives in China. It provides soy sauce, rice vinegar and wine, onion ginger and cooking wine, and other spices.
Executives
He Tian Kui Directors, senior managers
Lv Ke Lin senior management
Xu Yi Directors, senior managers
Huang Gang Directors, senior managers
Wu Jian Yong Director
Wu Chao Qun Director
Liu De Hua Director
Cao Hong Director
Hu Gao Hong Director
Wu Xue Ming Director

Qianhe Condiment and Food Co Headlines

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