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Tianjin Tianbao Infrastructure Co (SZSE:000965) E10 : ¥0.12 (As of Mar. 2024)


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What is Tianjin Tianbao Infrastructure 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.

Tianjin Tianbao Infrastructure Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.011. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tianjin Tianbao Infrastructure Co's average E10 Growth Rate was -20.00% per year. During the past 3 years, the average E10 Growth Rate was -14.80% per year. During the past 5 years, the average E10 Growth Rate was -15.60% 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 Tianjin Tianbao Infrastructure Co was 44.20% per year. The lowest was -18.80% per year. And the median was 6.30% per year.

As of today (2024-05-15), Tianjin Tianbao Infrastructure Co's current stock price is ¥3.43. Tianjin Tianbao Infrastructure Co's E10 for the quarter that ended in Mar. 2024 was ¥0.12. Tianjin Tianbao Infrastructure Co's Shiller PE Ratio of today is 28.58.

During the past 13 years, the highest Shiller PE Ratio of Tianjin Tianbao Infrastructure Co was 72.22. The lowest was 10.57. And the median was 24.48.


Tianjin Tianbao Infrastructure Co E10 Historical Data

The historical data trend for Tianjin Tianbao Infrastructure 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.

Tianjin Tianbao Infrastructure Co E10 Chart

Tianjin Tianbao Infrastructure 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 0.28 0.21 0.17 0.15 0.13

Tianjin Tianbao Infrastructure 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 0.15 0.14 0.13 0.13 0.12

Competitive Comparison of Tianjin Tianbao Infrastructure Co's E10

For the Real Estate - Development subindustry, Tianjin Tianbao Infrastructure 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.


Tianjin Tianbao Infrastructure Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tianjin Tianbao Infrastructure Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tianjin Tianbao Infrastructure Co's Shiller PE Ratio falls into.



Tianjin Tianbao Infrastructure 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, Tianjin Tianbao Infrastructure 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)
=0.011/114.6694*114.6694
=0.011

Current CPI (Mar. 2024) = 114.6694.

Tianjin Tianbao Infrastructure Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.145 98.200 0.169
201409 0.100 98.900 0.116
201412 0.000 99.000 0.000
201503 0.027 99.900 0.031
201506 0.036 99.500 0.041
201509 0.009 100.500 0.010
201512 0.100 100.600 0.114
201603 0.073 102.200 0.082
201606 0.027 101.400 0.031
201609 0.005 102.400 0.006
201612 0.155 102.600 0.173
201703 0.164 103.200 0.182
201706 -0.004 103.100 -0.004
201709 -0.010 104.100 -0.011
201712 0.220 104.500 0.241
201803 0.210 105.300 0.229
201806 0.010 104.900 0.011
201809 0.130 106.600 0.140
201812 -0.250 106.500 -0.269
201903 -0.020 107.700 -0.021
201906 -0.003 107.700 -0.003
201909 -0.005 109.800 -0.005
201912 0.198 111.200 0.204
202003 0.082 112.300 0.084
202006 -0.011 110.400 -0.011
202009 0.020 111.700 0.021
202012 -0.442 111.500 -0.455
202103 -0.045 112.662 -0.046
202106 -0.045 111.769 -0.046
202109 0.024 112.215 0.025
202112 0.111 113.108 0.113
202203 0.029 114.335 0.029
202206 0.016 114.558 0.016
202209 0.011 115.339 0.011
202212 -0.034 115.116 -0.034
202303 0.020 115.116 0.020
202306 -0.010 114.558 -0.010
202309 -0.108 115.339 -0.107
202312 0.117 114.669 0.117
202403 0.011 114.669 0.011

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


Tianjin Tianbao Infrastructure Co  (SZSE:000965) 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.

Tianjin Tianbao Infrastructure Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.43/0.12
=28.58

* 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 Tianjin Tianbao Infrastructure Co was 72.22. The lowest was 10.57. And the median was 24.48.


Be Aware

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


Tianjin Tianbao Infrastructure Co E10 Related Terms

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


Tianjin Tianbao Infrastructure Co (SZSE:000965) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Xiwu Road, Tianjin Airport Economic Zone, Tianbao Huijin Plaza Building 1, Tianjin, 300300, CHN, 300461
Tianjin Tianbao Infrastructure Co Ltd is primarily engaged in the development and operation of real estate. Its main business is real estate development and infrastructure construction. Further, it is also involved in the park development, equity investment and property management activity. Geographically, the business activities are carried out through the region of China.

Tianjin Tianbao Infrastructure Co (SZSE:000965) Headlines

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