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Weihai Guangtai Airport Equipment Co (SZSE:002111) E10 : ¥0.40 (As of Mar. 2024)


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What is Weihai Guangtai Airport Equipment 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.

Weihai Guangtai Airport Equipment Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.40 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 1.70% per year. During the past 5 years, the average E10 Growth Rate was 7.00% 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 Weihai Guangtai Airport Equipment Co was 15.00% per year. The lowest was 1.70% per year. And the median was 7.70% per year.

As of today (2024-06-09), Weihai Guangtai Airport Equipment Co's current stock price is ¥10.53. Weihai Guangtai Airport Equipment Co's E10 for the quarter that ended in Mar. 2024 was ¥0.40. Weihai Guangtai Airport Equipment Co's Shiller PE Ratio of today is 26.33.

During the past 13 years, the highest Shiller PE Ratio of Weihai Guangtai Airport Equipment Co was 141.67. The lowest was 16.73. And the median was 32.22.


Weihai Guangtai Airport Equipment Co E10 Historical Data

The historical data trend for Weihai Guangtai Airport Equipment 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.

Weihai Guangtai Airport Equipment Co E10 Chart

Weihai Guangtai Airport Equipment 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 0.33 0.38 0.38 0.40 0.40

Weihai Guangtai Airport Equipment 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 0.40 0.40 0.40 0.40 0.40

Competitive Comparison of Weihai Guangtai Airport Equipment Co's E10

For the Farm & Heavy Construction Machinery subindustry, Weihai Guangtai Airport Equipment 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.


Weihai Guangtai Airport Equipment Co's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Weihai Guangtai Airport Equipment Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Weihai Guangtai Airport Equipment Co's Shiller PE Ratio falls into.



Weihai Guangtai Airport Equipment 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, Weihai Guangtai Airport Equipment 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)
=0.09/115.2271*115.2271
=0.090

Current CPI (Mar. 2024) = 115.2271.

Weihai Guangtai Airport Equipment Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.064 98.200 0.075
201409 0.057 98.900 0.066
201412 0.086 99.000 0.100
201503 0.057 99.900 0.066
201506 0.079 99.500 0.091
201509 0.093 100.500 0.107
201512 0.143 100.600 0.164
201603 0.079 102.200 0.089
201606 0.100 101.400 0.114
201609 0.079 102.400 0.089
201612 0.071 102.600 0.080
201703 0.079 103.200 0.088
201706 0.121 103.100 0.135
201709 0.093 104.100 0.103
201712 -0.086 104.500 -0.095
201803 0.093 105.300 0.102
201806 0.143 104.900 0.157
201809 0.100 106.600 0.108
201812 0.107 106.500 0.116
201903 0.114 107.700 0.122
201906 0.100 107.700 0.107
201909 0.293 109.800 0.307
201912 0.114 111.200 0.118
202003 0.100 112.300 0.103
202006 0.143 110.400 0.149
202009 0.214 111.700 0.221
202012 0.260 111.500 0.269
202103 0.130 112.662 0.133
202106 0.250 111.769 0.258
202109 0.210 112.215 0.216
202112 -0.480 113.108 -0.489
202203 0.110 114.335 0.111
202206 0.060 114.558 0.060
202209 -0.020 115.339 -0.020
202212 0.290 115.116 0.290
202303 0.050 115.116 0.050
202306 0.050 114.558 0.050
202309 0.020 115.339 0.020
202312 0.110 114.781 0.110
202403 0.090 115.227 0.090

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


Weihai Guangtai Airport Equipment Co  (SZSE:002111) 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.

Weihai Guangtai Airport Equipment Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.53/0.4
=26.33

* 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 Weihai Guangtai Airport Equipment Co was 141.67. The lowest was 16.73. And the median was 32.22.


Be Aware

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


Weihai Guangtai Airport Equipment Co E10 Related Terms

Thank you for viewing the detailed overview of Weihai Guangtai Airport Equipment Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Weihai Guangtai Airport Equipment Co (SZSE:002111) Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Huanghe Street, Huancui District, Shandong Province, Weihai, CHN, 264200
Weihai Guangtai Airport Equipment Co Ltd is a enaged in the development, design, production, sales, maintenance and related services, technical training, technical consulting, testing, installation and leasing of airport equipment, port equipment, and airborne equipment.
Executives
Jiao Xing Wang Independent director
Li Qin Directors, executives
Li Guang Tai Director
Wang Qing Dong Supervisors
Li Wen Xuan Director
Luo Li Supervisors
Meng Yan Directors, executives
Qiao Zhi Dong Executives
Guo Shao Ping Director
Wang Jun Securities Affairs Representative
Chen Wei Zhong Director

Weihai Guangtai Airport Equipment Co (SZSE:002111) Headlines

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