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Xiangtan Electrochemical Scientific Co (SZSE:002125) E10 : ¥0.23 (As of Jun. 2024)


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What is Xiangtan Electrochemical Scientific 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.

Xiangtan Electrochemical Scientific Co's adjusted earnings per share data for the three months ended in Jun. 2024 was ¥0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.23 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Xiangtan Electrochemical Scientific Co's average E10 Growth Rate was 27.80% per year. During the past 3 years, the average E10 Growth Rate was 73.80% per year. During the past 5 years, the average E10 Growth Rate was 39.30% 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 Xiangtan Electrochemical Scientific Co was 73.80% per year. The lowest was 20.50% per year. And the median was 58.70% per year.

As of today (2024-09-21), Xiangtan Electrochemical Scientific Co's current stock price is ¥8.50. Xiangtan Electrochemical Scientific Co's E10 for the quarter that ended in Jun. 2024 was ¥0.23. Xiangtan Electrochemical Scientific Co's Shiller PE Ratio of today is 36.96.

During the past 13 years, the highest Shiller PE Ratio of Xiangtan Electrochemical Scientific Co was 974.00. The lowest was 35.43. And the median was 136.80.


Xiangtan Electrochemical Scientific Co E10 Historical Data

The historical data trend for Xiangtan Electrochemical Scientific 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.

Xiangtan Electrochemical Scientific Co E10 Chart

Xiangtan Electrochemical Scientific 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 0.06 0.04 0.07 0.15 0.21

Xiangtan Electrochemical Scientific Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.18 0.20 0.21 0.21 0.23

Competitive Comparison of Xiangtan Electrochemical Scientific Co's E10

For the Chemicals subindustry, Xiangtan Electrochemical Scientific 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.


Xiangtan Electrochemical Scientific Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xiangtan Electrochemical Scientific Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Xiangtan Electrochemical Scientific Co's Shiller PE Ratio falls into.



Xiangtan Electrochemical Scientific 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, Xiangtan Electrochemical Scientific Co's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.16/114.7809*114.7809
=0.160

Current CPI (Jun. 2024) = 114.7809.

Xiangtan Electrochemical Scientific Co Quarterly Data

per share eps CPI Adj_EPS
201409 -0.004 98.900 -0.005
201412 -0.049 99.000 -0.057
201503 -0.008 99.900 -0.009
201506 0.012 99.500 0.014
201509 0.014 100.500 0.016
201512 0.010 100.600 0.011
201603 0.001 102.200 0.001
201606 0.018 101.400 0.020
201609 0.024 102.400 0.027
201612 0.016 102.600 0.018
201703 0.009 103.200 0.010
201706 0.028 103.100 0.031
201709 0.033 104.100 0.036
201712 0.015 104.500 0.016
201803 0.019 105.300 0.021
201806 0.036 104.900 0.039
201809 0.092 106.600 0.099
201812 0.015 106.500 0.016
201903 0.030 107.700 0.032
201906 0.060 107.700 0.064
201909 0.042 109.800 0.044
201912 -0.015 111.200 -0.015
202003 0.010 112.300 0.010
202006 0.020 110.400 0.021
202009 0.003 111.700 0.003
202012 0.009 111.500 0.009
202103 0.030 112.662 0.031
202106 0.050 111.769 0.051
202109 0.090 112.215 0.092
202112 0.210 113.108 0.213
202203 0.220 114.335 0.221
202206 0.260 114.558 0.261
202209 0.080 115.339 0.080
202212 0.070 115.116 0.070
202303 0.060 115.116 0.060
202306 0.170 114.558 0.170
202309 0.150 115.339 0.149
202312 0.180 114.781 0.180
202403 0.080 115.227 0.080
202406 0.160 114.781 0.160

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


Xiangtan Electrochemical Scientific Co  (SZSE:002125) 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.

Xiangtan Electrochemical Scientific Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.50/0.23
=36.96

* 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 Xiangtan Electrochemical Scientific Co was 974.00. The lowest was 35.43. And the median was 136.80.


Be Aware

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


Xiangtan Electrochemical Scientific Co E10 Related Terms

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


Xiangtan Electrochemical Scientific Co Business Description

Traded in Other Exchanges
N/A
Address
Heling Town, Yuhu District, Hunan Province, Xiangtan, CHN, 411131
Xiangtan Electrochemical Scientific Co Ltd is engaged in research, development, production, and sales of manganese dioxide, electrolytic metal manganese, battery materials and other new energy materials. The company is also engaged in production and sales of steam, use of waste heat and pressure of steam to generate electricity; metal materials, lubricants, Sales of petroleum asphalt, chemical products, and building materials.
Executives
Wang Jiong Supervisors
Ding Jian Qi Director
Tan Xin Qiao Directors, executives
Zhou Mi Qun Supervisors
Zhou Jian Supervisors

Xiangtan Electrochemical Scientific Co Headlines

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