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ERA Co (SZSE:002641) E10 : ¥0.33 (As of Sep. 2024)


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What is ERA 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.

ERA Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.020. 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 3 years, the average E10 Growth Rate was 1.00% 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 ERA Co was 5.60% per year. The lowest was 1.00% per year. And the median was 3.30% per year.

As of today (2025-04-14), ERA Co's current stock price is ¥4.24. ERA Co's E10 for the quarter that ended in Sep. 2024 was ¥0.33. ERA Co's Shiller PE Ratio of today is 12.85.

During the past 13 years, the highest Shiller PE Ratio of ERA Co was 33.00. The lowest was 11.12. And the median was 15.94.


ERA Co E10 Historical Data

The historical data trend for ERA 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.

ERA Co E10 Chart

ERA 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 0.28 0.32 0.34 0.33 0.33

ERA 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 0.33 0.33 0.33 0.33 0.33

Competitive Comparison of ERA Co's E10

For the Building Products & Equipment subindustry, ERA 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.


ERA Co's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, ERA Co's Shiller PE Ratio distribution charts can be found below:

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


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ERA 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, ERA 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)
=0.02/115.7848*115.7848
=0.020

Current CPI (Sep. 2024) = 115.7848.

ERA Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.046 99.000 0.054
201503 0.015 99.900 0.017
201506 0.085 99.500 0.099
201509 0.069 100.500 0.079
201512 0.062 100.600 0.071
201603 0.023 102.200 0.026
201606 0.087 101.400 0.099
201609 0.080 102.400 0.090
201612 0.000 102.600 0.000
201703 0.010 103.200 0.011
201706 0.051 103.100 0.057
201709 0.060 104.100 0.067
201712 0.050 104.500 0.055
201803 0.010 105.300 0.011
201806 0.067 104.900 0.074
201809 0.070 106.600 0.076
201812 0.080 106.500 0.087
201903 0.050 107.700 0.054
201906 0.130 107.700 0.140
201909 0.120 109.800 0.127
201912 0.170 111.200 0.177
202003 0.030 112.300 0.031
202006 0.210 110.400 0.220
202009 0.220 111.700 0.228
202012 0.200 111.500 0.208
202103 0.060 112.662 0.062
202106 0.140 111.769 0.145
202109 0.090 112.215 0.093
202112 0.180 113.108 0.184
202203 0.030 114.335 0.030
202206 0.020 114.558 0.020
202209 0.000 115.339 0.000
202212 0.010 115.116 0.010
202303 0.060 115.116 0.060
202306 0.080 114.558 0.081
202309 0.090 115.339 0.090
202312 0.070 114.781 0.071
202403 0.010 115.227 0.010
202406 0.090 114.781 0.091
202409 0.020 115.785 0.020

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


ERA Co  (SZSE:002641) 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.

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

Shiller PE Ratio=Share Price/E10
=4.24/0.33
=12.85

* 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 ERA Co was 33.00. The lowest was 11.12. And the median was 15.94.


Be Aware

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


ERA Co E10 Related Terms

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


ERA Co Business Description

Traded in Other Exchanges
N/A
Address
No.2 Daixi Road, Economic Development Zone, Huangyan East, Zhejiang Province, Taizhou, CHN
ERA Co Ltd, formerly Yonggao Co Ltd manufacturers of plastic valves and fittings. Its products offer PP compression fittings and clamp saddles, CPVC valves, PVC pressure pipes and fittings and PVC pressure fittings, among others.
Executives
Zhang Wei Directors, executives
Lu Zhen Yu Director
Lu Cai Fen Director
Zhang Xian Kang Executives
Lin Ying Fu Executives
Wang Jie Jun Executives

ERA Co Headlines

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