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Ocean's King Lighting Science & Technology Co (SZSE:002724) E10 : ¥0.27 (As of Sep. 2024)


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What is Ocean's King Lighting Science & 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.

Ocean's King Lighting Science & Technology Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.012. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.27 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Ocean's King Lighting Science & Technology Co's average E10 Growth Rate was -6.90% 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.

As of today (2024-12-14), Ocean's King Lighting Science & Technology Co's current stock price is ¥5.98. Ocean's King Lighting Science & Technology Co's E10 for the quarter that ended in Sep. 2024 was ¥0.27. Ocean's King Lighting Science & Technology Co's Shiller PE Ratio of today is 22.15.

During the past 13 years, the highest Shiller PE Ratio of Ocean's King Lighting Science & Technology Co was 31.24. The lowest was 14.81. And the median was 23.46.


Ocean's King Lighting Science & Technology Co E10 Historical Data

The historical data trend for Ocean's King Lighting Science & 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.

Ocean's King Lighting Science & Technology Co E10 Chart

Ocean's King Lighting Science & 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 - - - 0.41 0.26

Ocean's King Lighting Science & 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 0.29 0.26 - 0.27 0.27

Competitive Comparison of Ocean's King Lighting Science & Technology Co's E10

For the Electrical Equipment & Parts subindustry, Ocean's King Lighting Science & 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.


Ocean's King Lighting Science & Technology Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ocean's King Lighting Science & Technology Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ocean's King Lighting Science & Technology Co's Shiller PE Ratio falls into.



Ocean's King Lighting Science & 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, Ocean's King Lighting Science & 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)
=0.012/115.7848*115.7848
=0.012

Current CPI (Sep. 2024) = 115.7848.

Ocean's King Lighting Science & Technology Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.184 99.000 0.215
201503 0.028 99.900 0.032
201506 -0.049 99.500 -0.057
201509 0.011 100.500 0.013
201512 0.104 100.600 0.120
201603 0.029 102.200 0.033
201606 -0.027 101.400 -0.031
201609 0.026 102.400 0.029
201612 0.127 102.600 0.143
201703 0.018 103.200 0.020
201706 0.005 103.100 0.006
201709 0.070 104.100 0.078
201712 0.118 104.500 0.131
201803 0.025 105.300 0.027
201806 0.022 104.900 0.024
201809 0.064 106.600 0.070
201812 0.153 106.500 0.166
201903 0.029 107.700 0.031
201906 0.026 107.700 0.028
201909 0.089 109.800 0.094
201912 0.213 111.200 0.222
202003 0.019 112.300 0.020
202006 0.061 110.400 0.064
202009 0.115 111.700 0.119
202012 0.203 111.500 0.211
202103 0.035 112.662 0.036
202106 0.088 111.769 0.091
202109 0.158 112.215 0.163
202112 0.222 113.108 0.227
202203 0.022 114.335 0.022
202206 0.068 114.558 0.069
202209 0.023 115.339 0.023
202212 0.065 115.116 0.065
202303 0.013 115.116 0.013
202306 0.091 114.558 0.092
202309 0.011 115.339 0.011
202312 -0.057 114.781 -0.057
202403 0.000 115.227 0.000
202406 0.056 114.781 0.056
202409 0.012 115.785 0.012

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


Ocean's King Lighting Science & Technology Co  (SZSE:002724) 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.

Ocean's King Lighting Science & Technology Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.98/0.27
=22.15

* 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 Ocean's King Lighting Science & Technology Co was 31.24. The lowest was 14.81. And the median was 23.46.


Be Aware

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


Ocean's King Lighting Science & Technology Co E10 Related Terms

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


Ocean's King Lighting Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Gaoxin Road, Ocean's King Science & Technology Tower, No. 1601, Guangming New District, Shenzhen, CHN, 518107
Ocean's King Lighting Science & Technology Co Ltd is a China-based company providing lighting products. It is engaged in the research, development, manufacture, and supply of innovative and reliable indoor and outdoor lighting solutions. The firm is a supplier of lighting products to transportation, power generation, mining, oil and gas, and petrochemical industries. It offers lighting and control products including fixed explosion-proof lighting, fixed professional lighting, mobile professional lighting, portable explosion-proof lighting, portable professional lighting, detectors, controllers, and gateways. The firm also provides value-added services.
Executives
Huang Xiu Qian Director
Chen Yan Directors, executives
Li Cai Fen Director
Yang Zhi Jie Directors, executives
Li Fu Ning Director
Ma Shao Yong Director
Feng Yuan Supervisors
Li Ping Independent director
Chen Shao Feng Director
Zhou Ming Jie Directors, executives
Yan Li Rong Supervisors
Chen Hui Secretary Dong
Yi Nian Feng Supervisors

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