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Xingye Leather Technology Co (SZSE:002674) E10 : ¥0.40 (As of Sep. 2024)


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What is Xingye Leather Technology 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.

Xingye Leather Technology Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.179. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.40 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Xingye Leather Technology Co's average E10 Growth Rate was -7.00% per year. During the past 3 years, the average E10 Growth Rate was -4.50% 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 Xingye Leather Technology Co was -4.50% per year. The lowest was -4.50% per year. And the median was -4.50% per year.

As of today (2024-12-11), Xingye Leather Technology Co's current stock price is ¥10.19. Xingye Leather Technology Co's E10 for the quarter that ended in Sep. 2024 was ¥0.40. Xingye Leather Technology Co's Shiller PE Ratio of today is 25.48.

During the past 13 years, the highest Shiller PE Ratio of Xingye Leather Technology Co was 36.94. The lowest was 13.44. And the median was 25.20.


Xingye Leather Technology Co E10 Historical Data

The historical data trend for Xingye Leather Technology 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.

Xingye Leather Technology Co E10 Chart

Xingye Leather Technology 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 - 0.47 0.46 0.43 0.41

Xingye Leather Technology 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 0.43 0.41 0.41 0.40 0.40

Competitive Comparison of Xingye Leather Technology Co's E10

For the Textile Manufacturing subindustry, Xingye Leather Technology 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.


Xingye Leather Technology Co's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Xingye Leather Technology 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, Xingye Leather Technology 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)
=0.179/115.7848*115.7848
=0.179

Current CPI (Sep. 2024) = 115.7848.

Xingye Leather Technology Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.125 99.000 0.146
201503 0.013 99.900 0.015
201506 0.045 99.500 0.052
201509 -0.057 100.500 -0.066
201512 0.054 100.600 0.062
201603 0.003 102.200 0.003
201606 0.037 101.400 0.042
201609 0.088 102.400 0.100
201612 0.111 102.600 0.125
201703 0.037 103.200 0.042
201706 0.043 103.100 0.048
201709 0.034 104.100 0.038
201712 0.035 104.500 0.039
201803 0.031 105.300 0.034
201806 0.081 104.900 0.089
201809 0.071 106.600 0.077
201812 0.201 106.500 0.219
201903 0.073 107.700 0.078
201906 0.157 107.700 0.169
201909 0.082 109.800 0.086
201912 0.079 111.200 0.082
202003 -0.017 112.300 -0.018
202006 0.024 110.400 0.025
202009 0.149 111.700 0.154
202012 0.237 111.500 0.246
202103 0.069 112.662 0.071
202106 0.328 111.769 0.340
202109 0.211 112.215 0.218
202112 0.014 113.108 0.014
202203 0.013 114.335 0.013
202206 0.163 114.558 0.165
202209 0.275 115.339 0.276
202212 0.065 115.116 0.065
202303 0.097 115.116 0.098
202306 0.221 114.558 0.223
202309 0.277 115.339 0.278
202312 0.024 114.781 0.024
202403 0.117 115.227 0.118
202406 0.076 114.781 0.077
202409 0.179 115.785 0.179

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


Xingye Leather Technology Co  (SZSE:002674) 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.

Xingye Leather Technology Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.19/0.4
=25.48

* 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 Xingye Leather Technology Co was 36.94. The lowest was 13.44. And the median was 25.20.


Be Aware

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


Xingye Leather Technology Co E10 Related Terms

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


Xingye Leather Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xingye Road, Anhai Second Industrial Zone, Fujian Province, Jinjiang, CHN, 362261
Xingye Leather Technology Co Ltd is engaged as a supplier of shoe leather materials. The products of the company include Napa series, natural wrestling series, and special effect leather series.
Executives
Sun Hui Yong Directors, executives
Cai Yi Lei Executives
Cai Jian She Directors, executives
Wu Hua Chun Director
Li Guang Qing Executives
Su Jian Zhong Supervisors
Zhang Liang Securities Affairs Representative
Ran Chong Yuan Directors, executives
Wu Mei Li Directors, executives

Xingye Leather Technology Co Headlines

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