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Fengxing Co (SZSE:002760) E10 : ¥0.28 (As of Sep. 2024)


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What is Fengxing 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.

Fengxing Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.28 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Fengxing Co's average E10 Growth Rate was -34.90% 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 (2025-03-04), Fengxing Co's current stock price is ¥18.31. Fengxing Co's E10 for the quarter that ended in Sep. 2024 was ¥0.28. Fengxing Co's Shiller PE Ratio of today is 65.39.

During the past 13 years, the highest Shiller PE Ratio of Fengxing Co was 74.61. The lowest was 37.27. And the median was 50.57.


Fengxing Co E10 Historical Data

The historical data trend for Fengxing 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.

Fengxing Co E10 Chart

Fengxing 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 - - - - 0.31

Fengxing 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 0.31 0.30 0.29 0.28

Competitive Comparison of Fengxing Co's E10

For the Metal Fabrication subindustry, Fengxing 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.


Fengxing Co's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Fengxing 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, Fengxing 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)
=0.01/115.7848*115.7848
=0.010

Current CPI (Sep. 2024) = 115.7848.

Fengxing Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.170 99.000 0.199
201503 0.150 99.900 0.174
201506 0.140 99.500 0.163
201509 0.010 100.500 0.012
201512 0.110 100.600 0.127
201603 0.110 102.200 0.125
201606 0.010 101.400 0.011
201609 0.002 102.400 0.002
201612 -0.010 102.600 -0.011
201703 -0.040 103.200 -0.045
201706 -0.070 103.100 -0.079
201709 -0.050 104.100 -0.056
201712 -0.800 104.500 -0.886
201803 0.020 105.300 0.022
201806 0.100 104.900 0.110
201809 0.090 106.600 0.098
201812 0.140 106.500 0.152
201903 0.210 107.700 0.226
201906 0.110 107.700 0.118
201909 0.140 109.800 0.148
201912 0.290 111.200 0.302
202003 0.160 112.300 0.165
202006 0.170 110.400 0.178
202009 0.110 111.700 0.114
202012 0.240 111.500 0.249
202103 0.230 112.662 0.236
202106 0.240 111.769 0.249
202109 0.290 112.215 0.299
202112 0.270 113.108 0.276
202203 0.170 114.335 0.172
202206 0.090 114.558 0.091
202209 0.160 115.339 0.161
202212 0.160 115.116 0.161
202303 0.130 115.116 0.131
202306 0.060 114.558 0.061
202309 -0.350 115.339 -0.351
202312 -0.390 114.781 -0.393
202403 0.030 115.227 0.030
202406 0.090 114.781 0.091
202409 0.010 115.785 0.010

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


Fengxing Co  (SZSE:002760) 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.

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

Shiller PE Ratio=Share Price/E10
=18.31/0.28
=65.39

* 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 Fengxing Co was 74.61. The lowest was 37.27. And the median was 50.57.


Be Aware

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


Fengxing Co E10 Related Terms

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


Fengxing Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1888, Jinsha 3rd Road, Xiaolan Economic and Technological Development Zone, Nanchang County, Jiangxi Province, Nanchang, CHN, 242300
Fengxing Co Ltd is engaged in research and development, production, sales and technical services of wear-resistant materials in the field of metal castings.
Executives
Chen Xiao Director
Yao Jing Executives
Luo Ming Jiu Supervisors
Zhao Jin Hua Director
Zhang Ji Supervisors
Zhou Qi Securities Affairs Representative
Shen Mao Lin Director
Zhu You Run Executives
Wang Zhen Lai Secretary Dong
Wang Zhi Hong Director

Fengxing Co Headlines

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