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Cedar Development Co (SZSE:002485) E10 : ¥-0.11 (As of Sep. 2024)


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What is Cedar Development 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.

Cedar Development Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥-0.031. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥-0.11 for the trailing ten years ended in Sep. 2024.

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 Cedar Development Co was -66.20% per year. The lowest was -66.20% per year. And the median was -66.20% per year.

As of today (2024-12-15), Cedar Development Co's current stock price is ¥3.59. Cedar Development Co's E10 for the quarter that ended in Sep. 2024 was ¥-0.11. Cedar Development Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Cedar Development Co was 474.00. The lowest was 24.92. And the median was 35.42.


Cedar Development Co E10 Historical Data

The historical data trend for Cedar Development 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.

Cedar Development Co E10 Chart

Cedar Development 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 0.18 0.13 0.01 -0.09 -0.11

Cedar Development 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 -0.10 -0.11 -0.11 -0.11 -0.11

Competitive Comparison of Cedar Development Co's E10

For the Apparel Manufacturing subindustry, Cedar Development 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.


Cedar Development Co's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cedar Development Co's Shiller PE Ratio distribution charts can be found below:

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



Cedar Development 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, Cedar Development 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)
=-0.031/115.7848*115.7848
=-0.031

Current CPI (Sep. 2024) = 115.7848.

Cedar Development Co Quarterly Data

per share eps CPI Adj_EPS
201412 -0.027 99.000 -0.032
201503 0.006 99.900 0.007
201506 0.001 99.500 0.001
201509 -0.012 100.500 -0.014
201512 0.041 100.600 0.047
201603 0.010 102.200 0.011
201606 0.041 101.400 0.047
201609 -0.028 102.400 -0.032
201612 -0.009 102.600 -0.010
201703 -0.023 103.200 -0.026
201706 -0.020 103.100 -0.022
201709 0.113 104.100 0.126
201712 0.067 104.500 0.074
201803 -0.028 105.300 -0.031
201806 0.033 104.900 0.036
201809 0.143 106.600 0.155
201812 0.091 106.500 0.099
201903 0.004 107.700 0.004
201906 0.010 107.700 0.011
201909 0.145 109.800 0.153
201912 -0.075 111.200 -0.078
202003 -0.035 112.300 -0.036
202006 -0.068 110.400 -0.071
202009 0.016 111.700 0.017
202012 0.061 111.500 0.063
202103 -0.009 112.662 -0.009
202106 0.003 111.769 0.003
202109 -0.004 112.215 -0.004
202112 -0.804 113.108 -0.823
202203 -0.004 114.335 -0.004
202206 -0.007 114.558 -0.007
202209 -0.026 115.339 -0.026
202212 -0.604 115.116 -0.608
202303 0.111 115.116 0.112
202306 -0.019 114.558 -0.019
202309 -0.035 115.339 -0.035
202312 -0.076 114.781 -0.077
202403 -0.012 115.227 -0.012
202406 -0.025 114.781 -0.025
202409 -0.031 115.785 -0.031

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


Cedar Development Co  (SZSE:002485) 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.

During the past 13 years, the highest Shiller P/E Ratio of Cedar Development Co was 474.00. The lowest was 24.92. And the median was 35.42.


Be Aware

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


Cedar Development Co E10 Related Terms

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


Cedar Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7877, Shunwang Avenue, Shunwang Street, Shandong Province, Zhucheng, CHN, 262200
Cedar Development Co Ltd formerly Sinoer Men's Wear Co Ltd designs produce and sales suits, shirts, and apparel products. Its products include men's suits, trousers, shirts, and coats; T-shirts, jackets, and long-sleeved shirts; and women's coats, as well as other clothing products. The company distributes its products in domestic market and to overseas markets.
Executives
Wu Tie Ji Supervisors
Wang Jin Bin Executives
Wang Gui Bo Director
Xu Guang Ning Director

Cedar Development Co Headlines

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