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Shenzhen Properties & Resources Development (Group) (SZSE:200011) E10 : HK$0.49 (As of Mar. 2024)


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What is Shenzhen Properties & Resources Development (Group) 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.

Shenzhen Properties & Resources Development (Group)'s adjusted earnings per share data for the three months ended in Mar. 2024 was HK$0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shenzhen Properties & Resources Development (Group)'s average E10 Growth Rate was 5.10% per year. During the past 3 years, the average E10 Growth Rate was 6.50% per year. During the past 5 years, the average E10 Growth Rate was 10.70% per year. During the past 10 years, the average E10 Growth Rate was 17.50% 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 Shenzhen Properties & Resources Development (Group) was 30.10% per year. The lowest was -5.90% per year. And the median was 18.60% per year.

As of today (2024-06-14), Shenzhen Properties & Resources Development (Group)'s current stock price is HK$4.10. Shenzhen Properties & Resources Development (Group)'s E10 for the quarter that ended in Mar. 2024 was HK$0.49. Shenzhen Properties & Resources Development (Group)'s Shiller PE Ratio of today is 8.37.

During the past 13 years, the highest Shiller PE Ratio of Shenzhen Properties & Resources Development (Group) was 66.57. The lowest was 7.73. And the median was 21.75.


Shenzhen Properties & Resources Development (Group) E10 Historical Data

The historical data trend for Shenzhen Properties & Resources Development (Group)'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.

Shenzhen Properties & Resources Development (Group) E10 Chart

Shenzhen Properties & Resources Development (Group) 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 0.42 0.38 0.52 0.52 0.46

Shenzhen Properties & Resources Development (Group) 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 0.57 0.48 0.45 0.46 0.49

Competitive Comparison of Shenzhen Properties & Resources Development (Group)'s E10

For the Real Estate - Development subindustry, Shenzhen Properties & Resources Development (Group)'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.


Shenzhen Properties & Resources Development (Group)'s Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Properties & Resources Development (Group)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Properties & Resources Development (Group)'s Shiller PE Ratio falls into.



Shenzhen Properties & Resources Development (Group) 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, Shenzhen Properties & Resources Development (Group)'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)
=0.001/115.2271*115.2271
=0.001

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Properties & Resources Development (Group) Quarterly Data

per share eps CPI Adj_EPS
201406 0.176 98.200 0.207
201409 0.447 98.900 0.521
201412 0.198 99.000 0.230
201503 0.001 99.900 0.001
201506 0.065 99.500 0.075
201509 0.031 100.500 0.036
201512 0.223 100.600 0.255
201603 0.001 102.200 0.001
201606 -0.012 101.400 -0.014
201609 -0.004 102.400 -0.005
201612 0.681 102.600 0.765
201703 0.570 103.200 0.636
201706 0.121 103.100 0.135
201709 0.423 104.100 0.468
201712 0.093 104.500 0.103
201803 0.111 105.300 0.121
201806 0.060 104.900 0.066
201809 0.117 106.600 0.126
201812 1.056 106.500 1.143
201903 0.187 107.700 0.200
201906 0.115 107.700 0.123
201909 0.042 109.800 0.044
201912 1.194 111.200 1.237
202003 0.282 112.300 0.289
202006 0.110 110.400 0.115
202009 -0.037 111.700 -0.038
202012 1.206 111.500 1.246
202103 0.428 112.662 0.438
202106 0.940 111.769 0.969
202109 0.196 112.215 0.201
202112 0.515 113.108 0.525
202203 0.454 114.335 0.458
202206 0.062 114.558 0.062
202209 0.385 115.339 0.385
202212 0.153 115.116 0.153
202303 0.025 115.116 0.025
202306 0.381 114.558 0.383
202309 0.019 115.339 0.019
202312 0.427 114.781 0.429
202403 0.001 115.227 0.001

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


Shenzhen Properties & Resources Development (Group)  (SZSE:200011) 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.

Shenzhen Properties & Resources Development (Group)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.10/0.49
=8.37

* 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 Shenzhen Properties & Resources Development (Group) was 66.57. The lowest was 7.73. And the median was 21.75.


Be Aware

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


Shenzhen Properties & Resources Development (Group) E10 Related Terms

Thank you for viewing the detailed overview of Shenzhen Properties & Resources Development (Group)'s E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Properties & Resources Development (Group) (SZSE:200011) Business Description

Traded in Other Exchanges
Address
Renmin South Road, 39 Floor and 42 Floor, International Trade Center, Guangdong Province, Luohu District, Shenzhen, CHN, 518014
Shenzhen Properties & Resources Development (Group) Ltd is engaged in real estate development property management and housing asset operation as the basic business, with catering service, warehousing business and supervision business. It develops the residence, the hi-end apartment and the office building. It also provides house leasing, catering service, warehousing service, and supervision service. The company operates in three segments namely Real estate, Property management, and Catering service. Majority of the revenue is derived from the Real estate segment.
Executives
Liu Yin Hua Executives
Liu Jia Ke Supervisors

Shenzhen Properties & Resources Development (Group) (SZSE:200011) Headlines

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