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Shenzhen MTC Co (SZSE:002429) E10 : ¥0.22 (As of Sep. 2024)


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What is Shenzhen MTC 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.

Shenzhen MTC Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.103. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.22 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Shenzhen MTC Co's average E10 Growth Rate was 10.00% per year. During the past 3 years, the average E10 Growth Rate was 5.60% per year. During the past 5 years, the average E10 Growth Rate was 8.00% 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 Shenzhen MTC Co was 9.40% per year. The lowest was 5.60% per year. And the median was 6.30% per year.

As of today (2025-04-01), Shenzhen MTC Co's current stock price is ¥5.23. Shenzhen MTC Co's E10 for the quarter that ended in Sep. 2024 was ¥0.22. Shenzhen MTC Co's Shiller PE Ratio of today is 23.77.

During the past 13 years, the highest Shiller PE Ratio of Shenzhen MTC Co was 52.20. The lowest was 12.36. And the median was 25.31.


Shenzhen MTC Co E10 Historical Data

The historical data trend for Shenzhen MTC 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.

Shenzhen MTC Co E10 Chart

Shenzhen MTC 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 0.15 0.17 0.17 0.18 0.20

Shenzhen MTC 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 0.20 0.20 0.20 0.21 0.22

Competitive Comparison of Shenzhen MTC Co's E10

For the Electronic Components subindustry, Shenzhen MTC 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.


Shenzhen MTC Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen MTC Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen MTC Co's Shiller PE Ratio falls into.


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Shenzhen MTC 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, Shenzhen MTC 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)
=0.103/115.7848*115.7848
=0.103

Current CPI (Sep. 2024) = 115.7848.

Shenzhen MTC Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.042 99.000 0.049
201503 0.029 99.900 0.034
201506 0.038 99.500 0.044
201509 0.040 100.500 0.046
201512 -0.020 100.600 -0.023
201603 0.026 102.200 0.029
201606 0.029 101.400 0.033
201609 0.032 102.400 0.036
201612 0.003 102.600 0.003
201703 0.032 103.200 0.036
201706 0.041 103.100 0.046
201709 0.036 104.100 0.040
201712 0.022 104.500 0.024
201803 0.037 105.300 0.041
201806 0.016 104.900 0.018
201809 0.026 106.600 0.028
201812 0.021 106.500 0.023
201903 0.042 107.700 0.045
201906 0.042 107.700 0.045
201909 0.065 109.800 0.069
201912 0.101 111.200 0.105
202003 0.045 112.300 0.046
202006 0.091 110.400 0.095
202009 0.110 111.700 0.114
202012 0.144 111.500 0.150
202103 0.103 112.662 0.106
202106 0.129 111.769 0.134
202109 0.117 112.215 0.121
202112 -0.278 113.108 -0.285
202203 0.075 114.335 0.076
202206 0.035 114.558 0.035
202209 0.084 115.339 0.084
202212 0.057 115.116 0.057
202303 0.085 115.116 0.085
202306 0.075 114.558 0.076
202309 0.121 115.339 0.121
202312 0.069 114.781 0.070
202403 0.092 115.227 0.092
202406 0.108 114.781 0.109
202409 0.103 115.785 0.103

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


Shenzhen MTC Co  (SZSE:002429) 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.

Shenzhen MTC Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.23/0.22
=23.77

* 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 Shenzhen MTC Co was 52.20. The lowest was 12.36. And the median was 25.31.


Be Aware

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


Shenzhen MTC Co E10 Related Terms

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


Shenzhen MTC Co Business Description

Traded in Other Exchanges
N/A
Address
Pengzhou Industrial Zone, Fuyong Street, Futian District, Shenzhen, Guangdong, CHN, 518103
Shenzhen MTC Co Ltd is a China-based company that manufactures and designs LCD TVs, set-top boxes, LED components and components, network communications terminals and internet entertainment products.
Executives
Luo Tao Supervisors
Qi Ling Yan Executives
Liu Ze Xi Supervisors
Kang Jian Directors, executives
Zhou Can Directors, executives
Quan Jin Song Directors, executives
Deng Wei Ming Independent director
Gu Wei Director
Yao Xiang Rong Directors, executives
Ou Jun Executives

Shenzhen MTC Co Headlines

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