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Shunfa Hengneng (SZSE:000631) E10 : ¥0.21 (As of Sep. 2024)


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What is Shunfa Hengneng 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.

Shunfa Hengneng's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.007. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.21 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Shunfa Hengneng's average E10 Growth Rate was -12.50% per year. During the past 3 years, the average E10 Growth Rate was -7.70% 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 Shunfa Hengneng was 40.60% per year. The lowest was -7.70% per year. And the median was 3.80% per year.

As of today (2025-04-06), Shunfa Hengneng's current stock price is ¥2.89. Shunfa Hengneng's E10 for the quarter that ended in Sep. 2024 was ¥0.21. Shunfa Hengneng's Shiller PE Ratio of today is 13.76.

During the past 13 years, the highest Shiller PE Ratio of Shunfa Hengneng was 72.70. The lowest was 8.86. And the median was 13.37.


Shunfa Hengneng E10 Historical Data

The historical data trend for Shunfa Hengneng'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.

Shunfa Hengneng E10 Chart

Shunfa Hengneng 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 0.29 0.28 - 0.23 0.22

Shunfa Hengneng 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 0.24 0.22 0.21 0.21 0.21

Competitive Comparison of Shunfa Hengneng's E10

For the Real Estate - Development subindustry, Shunfa Hengneng'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.


Shunfa Hengneng's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shunfa Hengneng's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shunfa Hengneng's Shiller PE Ratio falls into.


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Shunfa Hengneng 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, Shunfa Hengneng'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)
=0.007/115.7848*115.7848
=0.007

Current CPI (Sep. 2024) = 115.7848.

Shunfa Hengneng Quarterly Data

per share eps CPI Adj_EPS
201412 0.162 99.000 0.189
201503 0.074 99.900 0.086
201506 0.026 99.500 0.030
201509 0.010 100.500 0.012
201512 0.040 100.600 0.046
201603 0.020 102.200 0.023
201606 0.090 101.400 0.103
201609 0.020 102.400 0.023
201612 0.040 102.600 0.045
201703 0.030 103.200 0.034
201706 0.090 103.100 0.101
201709 0.130 104.100 0.145
201712 0.050 104.500 0.055
201803 0.160 105.300 0.176
201806 0.150 104.900 0.166
201809 0.040 106.600 0.043
201812 0.070 106.500 0.076
201903 0.090 107.700 0.097
201906 0.090 107.700 0.097
201909 0.040 109.800 0.042
201912 0.030 111.200 0.031
202003 0.030 112.300 0.031
202006 0.030 110.400 0.031
202009 0.020 111.700 0.021
202012 0.020 111.500 0.021
202103 0.010 112.662 0.010
202106 0.010 111.769 0.010
202109 0.020 112.215 0.021
202112 0.000 113.108 0.000
202203 0.020 114.335 0.020
202206 0.020 114.558 0.020
202209 0.010 115.339 0.010
202212 0.020 115.116 0.020
202303 0.010 115.116 0.010
202306 0.020 114.558 0.020
202309 0.090 115.339 0.090
202312 0.030 114.781 0.030
202403 0.010 115.227 0.010
202406 0.010 114.781 0.010
202409 0.007 115.785 0.007

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


Shunfa Hengneng  (SZSE:000631) 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.

Shunfa Hengneng's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.89/0.21
=13.76

* 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 Shunfa Hengneng was 72.70. The lowest was 8.86. And the median was 13.37.


Be Aware

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


Shunfa Hengneng E10 Related Terms

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


Shunfa Hengneng Business Description

Traded in Other Exchanges
N/A
Address
Shixin North Road, No. 777, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215
Shunfa Hengneng Corp is engaged in Real estate operation and development.
Executives
Sun Jian Rong Supervisors
Wang De Hong Directors, executives
Chen Gui Zhang Director

Shunfa Hengneng Headlines

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