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Zhejiang Fuchunjiang Environmental Thermoelectric Co (SZSE:002479) E10 : ¥0.33 (As of Sep. 2024)


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What is Zhejiang Fuchunjiang Environmental Thermoelectric 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.

Zhejiang Fuchunjiang Environmental Thermoelectric Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.33 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Zhejiang Fuchunjiang Environmental Thermoelectric Co's average E10 Growth Rate was 6.50% per year. During the past 5 years, the average E10 Growth Rate was -0.80% 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 Zhejiang Fuchunjiang Environmental Thermoelectric Co was -1.00% per year. The lowest was -1.00% per year. And the median was -1.00% per year.

As of today (2025-04-06), Zhejiang Fuchunjiang Environmental Thermoelectric Co's current stock price is ¥5.07. Zhejiang Fuchunjiang Environmental Thermoelectric Co's E10 for the quarter that ended in Sep. 2024 was ¥0.33. Zhejiang Fuchunjiang Environmental Thermoelectric Co's Shiller PE Ratio of today is 15.36.

During the past 13 years, the highest Shiller PE Ratio of Zhejiang Fuchunjiang Environmental Thermoelectric Co was 28.53. The lowest was 11.06. And the median was 16.68.


Zhejiang Fuchunjiang Environmental Thermoelectric Co E10 Historical Data

The historical data trend for Zhejiang Fuchunjiang Environmental Thermoelectric 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.

Zhejiang Fuchunjiang Environmental Thermoelectric Co E10 Chart

Zhejiang Fuchunjiang Environmental Thermoelectric 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 0.32 0.31 0.32 0.32 0.31

Zhejiang Fuchunjiang Environmental Thermoelectric 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 0.31 0.31 0.31 0.31 0.33

Competitive Comparison of Zhejiang Fuchunjiang Environmental Thermoelectric Co's E10

For the Utilities - Regulated Electric subindustry, Zhejiang Fuchunjiang Environmental Thermoelectric 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.


Zhejiang Fuchunjiang Environmental Thermoelectric Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Zhejiang Fuchunjiang Environmental Thermoelectric Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Fuchunjiang Environmental Thermoelectric Co's Shiller PE Ratio falls into.


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Zhejiang Fuchunjiang Environmental Thermoelectric 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, Zhejiang Fuchunjiang Environmental Thermoelectric 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)
=0.19/115.7848*115.7848
=0.190

Current CPI (Sep. 2024) = 115.7848.

Zhejiang Fuchunjiang Environmental Thermoelectric Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.055 99.000 0.064
201503 0.041 99.900 0.048
201506 0.095 99.500 0.111
201509 0.064 100.500 0.074
201512 0.041 100.600 0.047
201603 0.055 102.200 0.062
201606 0.099 101.400 0.113
201609 0.073 102.400 0.083
201612 0.083 102.600 0.094
201703 0.102 103.200 0.114
201706 0.148 103.100 0.166
201709 0.060 104.100 0.067
201712 0.120 104.500 0.133
201803 0.060 105.300 0.066
201806 0.086 104.900 0.095
201809 0.060 106.600 0.065
201812 -0.100 106.500 -0.109
201903 0.030 107.700 0.032
201906 0.107 107.700 0.115
201909 0.096 109.800 0.101
201912 0.107 111.200 0.111
202003 0.027 112.300 0.028
202006 0.106 110.400 0.111
202009 0.126 111.700 0.131
202012 0.098 111.500 0.102
202103 0.140 112.662 0.144
202106 0.130 111.769 0.135
202109 0.070 112.215 0.072
202112 0.040 113.108 0.041
202203 0.020 114.335 0.020
202206 0.090 114.558 0.091
202209 0.040 115.339 0.040
202212 0.150 115.116 0.151
202303 0.020 115.116 0.020
202306 0.060 114.558 0.061
202309 0.070 115.339 0.070
202312 0.080 114.781 0.081
202403 0.020 115.227 0.020
202406 0.090 114.781 0.091
202409 0.190 115.785 0.190

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


Zhejiang Fuchunjiang Environmental Thermoelectric Co  (SZSE:002479) 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.

Zhejiang Fuchunjiang Environmental Thermoelectric Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.07/0.33
=15.36

* 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 Zhejiang Fuchunjiang Environmental Thermoelectric Co was 28.53. The lowest was 11.06. And the median was 16.68.


Be Aware

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


Zhejiang Fuchunjiang Environmental Thermoelectric Co E10 Related Terms

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


Zhejiang Fuchunjiang Environmental Thermoelectric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Chunyong Road, Lingqiao Town, Zhejiang Province, Fuyang, CHN, 311418
Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd is a China based company mainly engaged in power generation. The company's main business involves the production of steam, hot water and electric power.
Executives
Zhang Yue Ping Supervisors
Zhang Jie Secretary, Director
Zhang Zhong Mei Directors, executives
Hu Bin Securities Affairs Representative
Wu Bin Director
An Jun Director
Huang Ju Hua Executives
Sun Qing Yan Director
Ye Ze Gui Supervisors
Sun Chun Hua Executives
Wu Wei Min Executives
Luo Qin Ming Executives
Wang Fei Supervisors

Zhejiang Fuchunjiang Environmental Thermoelectric Co Headlines

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