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Ningbo Huaxiang Electronic Co (SZSE:002048) E10 : ¥1.38 (As of Sep. 2024)


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What is Ningbo Huaxiang Electronic 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.

Ningbo Huaxiang Electronic Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.38 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Ningbo Huaxiang Electronic Co's average E10 Growth Rate was -0.70% per year. During the past 3 years, the average E10 Growth Rate was 8.90% per year. During the past 5 years, the average E10 Growth Rate was 8.80% per year. During the past 10 years, the average E10 Growth Rate was 11.30% 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 Ningbo Huaxiang Electronic Co was 15.30% per year. The lowest was 8.00% per year. And the median was 11.55% per year.

As of today (2024-12-12), Ningbo Huaxiang Electronic Co's current stock price is ¥13.36. Ningbo Huaxiang Electronic Co's E10 for the quarter that ended in Sep. 2024 was ¥1.38. Ningbo Huaxiang Electronic Co's Shiller PE Ratio of today is 9.68.

During the past 13 years, the highest Shiller PE Ratio of Ningbo Huaxiang Electronic Co was 56.88. The lowest was 7.87. And the median was 15.81.


Ningbo Huaxiang Electronic Co E10 Historical Data

The historical data trend for Ningbo Huaxiang Electronic 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.

Ningbo Huaxiang Electronic Co E10 Chart

Ningbo Huaxiang Electronic 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 1.03 1.07 1.22 1.34 1.38

Ningbo Huaxiang Electronic 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 1.39 1.38 1.39 1.38 1.38

Competitive Comparison of Ningbo Huaxiang Electronic Co's E10

For the Auto Parts subindustry, Ningbo Huaxiang Electronic 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.


Ningbo Huaxiang Electronic Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Huaxiang Electronic Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Huaxiang Electronic Co's Shiller PE Ratio falls into.



Ningbo Huaxiang Electronic 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, Ningbo Huaxiang Electronic Co'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)
=0.23/115.7848*115.7848
=0.230

Current CPI (Sep. 2024) = 115.7848.

Ningbo Huaxiang Electronic Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.150 99.000 0.175
201503 0.140 99.900 0.162
201506 0.190 99.500 0.221
201509 0.050 100.500 0.058
201512 -0.070 100.600 -0.081
201603 0.200 102.200 0.227
201606 0.390 101.400 0.445
201609 0.280 102.400 0.317
201612 0.490 102.600 0.553
201703 0.360 103.200 0.404
201706 0.380 103.100 0.427
201709 0.440 104.100 0.489
201712 0.330 104.500 0.366
201803 0.160 105.300 0.176
201806 0.310 104.900 0.342
201809 0.330 106.600 0.358
201812 0.370 106.500 0.402
201903 0.190 107.700 0.204
201906 0.470 107.700 0.505
201909 0.400 109.800 0.422
201912 0.500 111.200 0.521
202003 0.130 112.300 0.134
202006 0.390 110.400 0.409
202009 0.450 111.700 0.466
202012 0.390 111.500 0.405
202103 0.380 112.662 0.391
202106 0.650 111.769 0.673
202109 0.480 112.215 0.495
202112 0.510 113.108 0.522
202203 0.266 114.335 0.269
202206 0.264 114.558 0.267
202209 0.700 115.339 0.703
202212 0.237 115.116 0.238
202303 0.245 115.116 0.246
202306 0.385 114.558 0.389
202309 0.400 115.339 0.402
202312 0.230 114.781 0.232
202403 0.274 115.227 0.275
202406 0.376 114.781 0.379
202409 0.230 115.785 0.230

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


Ningbo Huaxiang Electronic Co  (SZSE:002048) 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.

Ningbo Huaxiang Electronic Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.36/1.38
=9.68

* 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 Ningbo Huaxiang Electronic Co was 56.88. The lowest was 7.87. And the median was 15.81.


Be Aware

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


Ningbo Huaxiang Electronic Co E10 Related Terms

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


Ningbo Huaxiang Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
Xiangxi Development Zone, Xiangshan County, Zhejiang Province, Xizhou, CHN, 201204
Ningbo Huaxiang Electronic Co Ltd specializes in the development, manufacture, and distribution of automotive components for medium and premium class vehicles.
Executives
Zhou Xiao Feng Director
Zhang Li Ren Independent director
Lou Jia Hao Directors, executives
Shao He Min Director
Chen Li Fan Director
Yang Jun Supervisors
Shu Rong Qi Supervisors
Cui Xin Hua Executives
Jin Liang Kai Directors, executives
Du Kun Yong Directors, executives
Lin Fu Qing Director

Ningbo Huaxiang Electronic Co Headlines

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