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Tsann Kuen (China) Enterprise Co (SZSE:200512) E10 : HK$0.51 (As of Mar. 2024)


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What is Tsann Kuen (China) Enterprise 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.

Tsann Kuen (China) Enterprise Co's adjusted earnings per share data for the three months ended in Mar. 2024 was HK$0.087. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tsann Kuen (China) Enterprise Co's average E10 Growth Rate was 2.00% per year. During the past 3 years, the average E10 Growth Rate was 11.60% per year. During the past 5 years, the average E10 Growth Rate was 12.50% 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 Tsann Kuen (China) Enterprise Co was 18.40% per year. The lowest was -17.50% per year. And the median was 11.60% per year.

As of today (2024-05-21), Tsann Kuen (China) Enterprise Co's current stock price is HK$3.25. Tsann Kuen (China) Enterprise Co's E10 for the quarter that ended in Mar. 2024 was HK$0.51. Tsann Kuen (China) Enterprise Co's Shiller PE Ratio of today is 6.37.

During the past 13 years, the highest Shiller PE Ratio of Tsann Kuen (China) Enterprise Co was 22.48. The lowest was 5.86. And the median was 10.46.


Tsann Kuen (China) Enterprise Co E10 Historical Data

The historical data trend for Tsann Kuen (China) Enterprise 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.

Tsann Kuen (China) Enterprise Co E10 Chart

Tsann Kuen (China) Enterprise 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 0.33 0.36 0.44 0.49 0.50

Tsann Kuen (China) Enterprise 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 0.49 0.49 0.50 0.50 0.51

Competitive Comparison of Tsann Kuen (China) Enterprise Co's E10

For the Furnishings, Fixtures & Appliances subindustry, Tsann Kuen (China) Enterprise 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.


Tsann Kuen (China) Enterprise Co's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tsann Kuen (China) Enterprise Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tsann Kuen (China) Enterprise Co's Shiller PE Ratio falls into.



Tsann Kuen (China) Enterprise 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, Tsann Kuen (China) Enterprise 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)
=0.087/115.2271*115.2271
=0.087

Current CPI (Mar. 2024) = 115.2271.

Tsann Kuen (China) Enterprise Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.062 98.200 0.073
201409 0.164 98.900 0.191
201412 0.088 99.000 0.102
201503 0.050 99.900 0.058
201506 0.050 99.500 0.058
201509 0.073 100.500 0.084
201512 0.060 100.600 0.069
201603 0.036 102.200 0.041
201606 0.082 101.400 0.093
201609 0.081 102.400 0.091
201612 0.112 102.600 0.126
201703 0.045 103.200 0.050
201706 0.023 103.100 0.026
201709 0.036 104.100 0.040
201712 0.308 104.500 0.340
201803 -0.149 105.300 -0.163
201806 -0.036 104.900 -0.040
201809 0.137 106.600 0.148
201812 0.103 106.500 0.111
201903 0.222 107.700 0.238
201906 0.079 107.700 0.085
201909 0.198 109.800 0.208
201912 0.145 111.200 0.150
202003 0.055 112.300 0.056
202006 0.175 110.400 0.183
202009 0.341 111.700 0.352
202012 0.285 111.500 0.295
202103 0.179 112.662 0.183
202106 0.217 111.769 0.224
202109 0.241 112.215 0.247
202112 0.159 113.108 0.162
202203 0.086 114.335 0.087
202206 0.164 114.558 0.165
202209 0.168 115.339 0.168
202212 0.168 115.116 0.168
202303 0.068 115.116 0.068
202306 0.098 114.558 0.099
202309 0.225 115.339 0.225
202312 0.120 114.781 0.120
202403 0.087 115.227 0.087

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


Tsann Kuen (China) Enterprise Co  (SZSE:200512) 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.

Tsann Kuen (China) Enterprise Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.25/0.51
=6.37

* 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 Tsann Kuen (China) Enterprise Co was 22.48. The lowest was 5.86. And the median was 10.46.


Be Aware

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


Tsann Kuen (China) Enterprise Co E10 Related Terms

Thank you for viewing the detailed overview of Tsann Kuen (China) Enterprise Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Tsann Kuen (China) Enterprise Co (SZSE:200512) Business Description

Traded in Other Exchanges
N/A
Address
TSANN KUEN Industrial Park, Taiwanese Investment Zone, Fujian Province, Zhangzhou, CHN, 363107
Tsann Kuen (China) Enterprise Co Ltd is a company that develops and manufactures household appliances, electronics, light industrial products and, modern office supplies. Its operating segments are Small home appliance manufacturing and Other services. The product categories include Cooking utensils, Everyday home appliances, Tea and coffee makers, and other products and services. Geographically the company operates in Australia, Africa, America, Europe, and Asia, of which prime revenue is derived from America. The majority of its revenue is generated through the Small home appliance manufacturing segment.

Tsann Kuen (China) Enterprise Co (SZSE:200512) Headlines

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