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Shenzhen United Winners Laser Co (SHSE:688518) E10 : ¥0.47 (As of Mar. 2024)


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What is Shenzhen United Winners Laser 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.

Shenzhen United Winners Laser Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was ¥0.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.47 for the trailing ten years ended in Dec. 2023.

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 (2024-06-09), Shenzhen United Winners Laser Co's current stock price is ¥ 13.52. Shenzhen United Winners Laser Co's E10 for the fiscal year that ended in Dec. 2023 was ¥0.47. Shenzhen United Winners Laser Co's Shiller PE Ratio of today is 28.77.

During the past 10 years, the highest Shiller PE Ratio of Shenzhen United Winners Laser Co was 38.94. The lowest was 26.57. And the median was 32.18.


Shenzhen United Winners Laser Co E10 Historical Data

The historical data trend for Shenzhen United Winners Laser 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.

Shenzhen United Winners Laser Co E10 Chart

Shenzhen United Winners Laser Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.47

Shenzhen United Winners Laser 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 - - - 0.47 -

Competitive Comparison of Shenzhen United Winners Laser Co's E10

For the Specialty Industrial Machinery subindustry, Shenzhen United Winners Laser 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.


Shenzhen United Winners Laser Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen United Winners Laser Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen United Winners Laser Co's Shiller PE Ratio falls into.



Shenzhen United Winners Laser 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, Shenzhen United Winners Laser Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.85/114.7809*114.7809
=0.850

Current CPI (Dec. 2023) = 114.7809.

Shenzhen United Winners Laser Co Annual Data

per_share_eps CPI Adj_EPS
201312 0.160 97.624 0.188
201412 0.350 99.000 0.406
201612 0.530 102.600 0.593
201712 0.450 104.500 0.494
201812 0.372 106.500 0.401
201912 0.320 111.200 0.330
202012 0.260 111.500 0.268
202112 0.310 113.108 0.315
202212 0.880 115.116 0.877
202312 0.850 114.781 0.850

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


Shenzhen United Winners Laser Co  (SHSE:688518) 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.

Shenzhen United Winners Laser Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.52/0.47
=28.77

* 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 10 years, the highest Shiller P/E Ratio of Shenzhen United Winners Laser Co was 38.94. The lowest was 26.57. And the median was 32.18.


Be Aware

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


Shenzhen United Winners Laser Co E10 Related Terms

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


Shenzhen United Winners Laser Co (SHSE:688518) Business Description

Traded in Other Exchanges
N/A
Address
3370 Liuxian Avenue, Taoyuan Street, 1203, Building 2, Chongwen Park, Nanshan Zhiyuan, Fuguang Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055
Shenzhen United Winners Laser Co Ltd is engaged in production and sales of precision laser welding machines and laser welding automation equipment. The company's laser welding machine and related automation is used in automobile, battery, consumer electronics, sensor, hardware & home appliance, optical communication, flat plate solar energy collectors, mold repair welding machine, laser welding for plastic, laser soldering & brazing, software, among others.
Executives
Zhou Hang Core technical personnel
Lu Guo Jie senior management
Qin Lei senior management
Xie Qiang senior management
Li Yi senior management
Guo Zi Ran senior management
Niu Zeng Qiang Director
Han Jin Long Director
Jia Song Director

Shenzhen United Winners Laser Co (SHSE:688518) Headlines

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