What is Han's Laser Technology Industry Group 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.
Han's Laser Technology Industry Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.23 for the trailing ten years ended in Mar. 2024.
During the past 12 months, Han's Laser Technology Industry Group Co's average E10 Growth Rate was 8.80% per year.
During the past 3 years, the average E10 Growth Rate was 7.10% per year.
During the past 5 years, the average E10 Growth Rate was 8.20% per year.
During the past 10 years, the average E10 Growth Rate was 15.70% 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 Han's Laser Technology Industry Group Co was 22.90% per year. The lowest was 7.10% per year. And the median was 19.70% per year.
* 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.
Han's Laser Technology Industry Group Co E10 Chart
Han's Laser Technology Industry Group Co Annual Data
Competitive Comparison of Han's Laser Technology Industry Group Co's E10
For the Specialty Industrial Machinery subindustry, Han's Laser Technology Industry Group 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.
Han's Laser Technology Industry Group Co's Shiller PE Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Han's Laser Technology Industry Group Co's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Han's Laser Technology Industry Group Co's Shiller PE Ratio falls into.
Han's Laser Technology Industry Group 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.
Han's Laser Technology Industry Group Co Quarterly Data
per share eps
CPI
Adj_EPS
201406
0.200
98.200
0.235
201409
0.270
98.900
0.315
201412
0.170
99.000
0.198
201503
0.070
99.900
0.081
201506
0.230
99.500
0.266
201509
0.280
100.500
0.321
201512
0.130
100.600
0.149
201603
0.110
102.200
0.124
201606
0.270
101.400
0.307
201609
0.220
102.400
0.248
201612
0.120
102.600
0.135
201703
0.140
103.200
0.156
201706
0.720
103.100
0.805
201709
0.550
104.100
0.609
201712
0.150
104.500
0.165
201803
0.340
105.300
0.372
201806
0.610
104.900
0.670
201809
0.600
106.600
0.649
201812
0.060
106.500
0.065
201903
0.150
107.700
0.160
201906
0.210
107.700
0.225
201909
0.210
109.800
0.220
201912
0.040
111.200
0.041
202003
0.100
112.300
0.103
202006
0.490
110.400
0.511
202009
0.380
111.700
0.392
202012
-0.040
111.500
-0.041
202103
0.310
112.662
0.317
202106
0.530
111.769
0.546
202109
0.590
112.215
0.606
202112
0.450
113.108
0.458
202203
0.320
114.335
0.322
202206
0.280
114.558
0.282
202209
0.360
115.339
0.360
202212
0.190
115.116
0.190
202303
0.140
115.116
0.140
202306
0.270
114.558
0.272
202309
0.190
115.339
0.190
202312
0.180
114.781
0.181
202403
0.940
115.227
0.940
Add all the adjusted EPS together and divide 10 will get our e10.
Han's Laser Technology Industry Group Co (SZSE:002008) 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.
Han's Laser Technology Industry Group Co's Shiller P/E Ratio of today is calculated as
* 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 Han's Laser Technology Industry Group Co was 100.03. The lowest was 13.89. And the median was 46.47.
Be Aware
Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.
Han's Laser Technology Industry Group Co E10 Related Terms
Thank you for viewing the detailed overview of Han's Laser Technology Industry Group Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.
Han's Laser Technology Industry Group Co (SZSE:002008) Business Description
Founded in 2001, Han's Laser is engaged in manufacturing laser and printed circuit board processing equipment including engravers, welding machines and cutters. It is China's largest laser equipment supplier and the world's third-largest. The company's equipment is applied in the production of consumer electronics, integrated circuits, telecom equipment, auto parts, aerospace, railways and medical devices. The company is headquartered in Shenzhen, China. The group employs nearly 20,000 people and has over 100 offices in China and about 20 countries abroad.
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