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Hangzhou Toka Ink Co (SHSE:688571) E10 : ¥0.29 (As of Sep. 2024)


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What is Hangzhou Toka Ink 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.

Hangzhou Toka Ink Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was ¥0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.29 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 (2025-04-06), Hangzhou Toka Ink Co's current stock price is ¥ 7.35. Hangzhou Toka Ink Co's E10 for the fiscal year that ended in Dec. 2023 was ¥0.29. Hangzhou Toka Ink Co's Shiller PE Ratio of today is 25.34.

During the past 10 years, the highest Shiller PE Ratio of Hangzhou Toka Ink Co was 25.93. The lowest was 17.69. And the median was 21.12.


Hangzhou Toka Ink Co E10 Historical Data

The historical data trend for Hangzhou Toka Ink 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.

Hangzhou Toka Ink Co E10 Chart

Hangzhou Toka Ink Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.29

Hangzhou Toka Ink 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 - 0.29 - - -

Competitive Comparison of Hangzhou Toka Ink Co's E10

For the Specialty Chemicals subindustry, Hangzhou Toka Ink 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.


Hangzhou Toka Ink Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hangzhou Toka Ink Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hangzhou Toka Ink Co's Shiller PE Ratio falls into.


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Hangzhou Toka Ink 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, Hangzhou Toka Ink 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)
=0.3/114.7809*114.7809
=0.300

Current CPI (Dec. 2023) = 114.7809.

Hangzhou Toka Ink Co Annual Data

per_share_eps CPI Adj_EPS
201312 0.000 97.624 0.000
201412 0.315 99.000 0.365
201512 0.269 100.600 0.307
201712 0.246 104.500 0.270
201812 0.215 106.500 0.232
201912 0.292 111.200 0.301
202012 0.354 111.500 0.364
202112 0.269 113.108 0.273
202212 0.190 115.116 0.189
202312 0.300 114.781 0.300

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


Hangzhou Toka Ink Co  (SHSE:688571) 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.

Hangzhou Toka Ink Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.35/0.29
=25.34

* 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 Hangzhou Toka Ink Co was 25.93. The lowest was 17.69. And the median was 21.12.


Be Aware

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


Hangzhou Toka Ink Co E10 Related Terms

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


Hangzhou Toka Ink Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2 (South), No. 5 Street, Baiyang Street, Economic and Technological Development Zone, Zhejiang Province, Hangzhou, CHN, 310018
Hangzhou Toka Ink Co Ltd is involved in the production and sales of energy-saving and environmentally friendly ink products. It offers various ink product such as Web offset printing ink, Gravure ink, water-based ink, special ink and others.
Executives
Cao Wen Xu Directors, senior managers
Zhang Lei senior management
Gong Zhang Shui Senior management, core technical personnel
He Liang Core technical personnel
He Tie Fei Core technical personnel
Sun Guan Zhang Core technical personnel
Qiu Ke Jia Directors, senior managers
Wang Bin senior management
Liu Xiao Peng Core technical personnel
Shen Jian Bin Senior management, core technical personnel
Lin Ri Sheng Core technical personnel
Xia Jian Yong Core technical personnel
Ma Zhi Qiang Core technical personnel

Hangzhou Toka Ink Co Headlines

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