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Bichamp Cutting Technology (Hunan) Co (SZSE:002843) E10 : ¥0.36 (As of Mar. 2024)


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What is Bichamp Cutting Technology (Hunan) 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.

Bichamp Cutting Technology (Hunan) Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.36 for the trailing ten years ended in Mar. 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.

As of today (2024-05-28), Bichamp Cutting Technology (Hunan) Co's current stock price is ¥19.00. Bichamp Cutting Technology (Hunan) Co's E10 for the quarter that ended in Mar. 2024 was ¥0.36. Bichamp Cutting Technology (Hunan) Co's Shiller PE Ratio of today is 52.78.

During the past 13 years, the highest Shiller PE Ratio of Bichamp Cutting Technology (Hunan) Co was 91.50. The lowest was 43.17. And the median was 63.75.


Bichamp Cutting Technology (Hunan) Co E10 Historical Data

The historical data trend for Bichamp Cutting Technology (Hunan) 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.

Bichamp Cutting Technology (Hunan) Co E10 Chart

Bichamp Cutting Technology (Hunan) 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

Bichamp Cutting Technology (Hunan) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 0.28 0.36

Competitive Comparison of Bichamp Cutting Technology (Hunan) Co's E10

For the Tools & Accessories subindustry, Bichamp Cutting Technology (Hunan) 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.


Bichamp Cutting Technology (Hunan) Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bichamp Cutting Technology (Hunan) Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bichamp Cutting Technology (Hunan) Co's Shiller PE Ratio falls into.



Bichamp Cutting Technology (Hunan) 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, Bichamp Cutting Technology (Hunan) Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.13/115.2271*115.2271
=0.130

Current CPI (Mar. 2024) = 115.2271.

Bichamp Cutting Technology (Hunan) Co Quarterly Data

per share eps CPI Adj_EPS
201012 0.000 89.289 0.000
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201509 0.040 100.500 0.046
201512 0.054 100.600 0.062
201603 0.065 102.200 0.073
201606 0.056 101.400 0.064
201609 0.061 102.400 0.069
201612 0.078 102.600 0.088
201703 0.053 103.200 0.059
201706 0.053 103.100 0.059
201709 0.087 104.100 0.096
201712 0.047 104.500 0.052
201803 0.073 105.300 0.080
201806 0.077 104.900 0.085
201809 0.080 106.600 0.086
201812 0.040 106.500 0.043
201903 0.080 107.700 0.086
201906 0.080 107.700 0.086
201909 0.090 109.800 0.094
201912 0.050 111.200 0.052
202003 0.050 112.300 0.051
202006 0.050 110.400 0.052
202009 0.070 111.700 0.072
202012 0.030 111.500 0.031
202103 0.070 112.662 0.072
202106 0.080 111.769 0.082
202109 0.080 112.215 0.082
202112 0.110 113.108 0.112
202203 0.070 114.335 0.071
202206 0.130 114.558 0.131
202209 0.250 115.339 0.250
202212 0.160 115.116 0.160
202303 0.170 115.116 0.170
202306 0.120 114.558 0.121
202309 0.190 115.339 0.190
202312 0.110 114.781 0.110
202403 0.130 115.227 0.130

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


Bichamp Cutting Technology (Hunan) Co  (SZSE:002843) 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.

Bichamp Cutting Technology (Hunan) Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.00/0.36
=52.78

* 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 Bichamp Cutting Technology (Hunan) Co was 91.50. The lowest was 43.17. And the median was 63.75.


Be Aware

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


Bichamp Cutting Technology (Hunan) Co E10 Related Terms

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


Bichamp Cutting Technology (Hunan) Co (SZSE:002843) Business Description

Traded in Other Exchanges
N/A
Address
No. 68 Taijia Road, Economic Development Zone, Wangcheng, Hunan Province, Changsha, CHN, 410200
Bichamp Cutting Technology (Hunan) Co Ltd manufactures industrial consumables. The company develops, produces, and sells bimetallic band saw blades, bimetal hacksaw blades, carbide band saw blades, and other related products.
Executives
Wen Ying Supervisors

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