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Luthai Textile Co (SZSE:200726) E10 : HK$0.59 (As of Mar. 2024)


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What is Luthai Textile 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.

Luthai Textile 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$0.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Luthai Textile Co's average E10 Growth Rate was -10.10% 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 Luthai Textile Co was 13.70% per year. The lowest was -3.10% per year. And the median was 6.10% per year.

As of today (2024-06-16), Luthai Textile Co's current stock price is HK$4.38. Luthai Textile Co's E10 for the quarter that ended in Mar. 2024 was HK$0.59. Luthai Textile Co's Shiller PE Ratio of today is 7.42.

During the past 13 years, the highest Shiller PE Ratio of Luthai Textile Co was 24.24. The lowest was 6.10. And the median was 11.11.


Luthai Textile Co E10 Historical Data

The historical data trend for Luthai Textile 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.

Luthai Textile Co E10 Chart

Luthai Textile 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 0.77 - 0.52 0.62 0.61

Luthai Textile 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 0.53 0.59 0.60 0.61 0.59

Competitive Comparison of Luthai Textile Co's E10

For the Textile Manufacturing subindustry, Luthai Textile 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.


Luthai Textile Co's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Luthai Textile Co's Shiller PE Ratio distribution charts can be found below:

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



Luthai Textile 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, Luthai Textile 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.

Luthai Textile Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.348 98.200 0.408
201409 0.303 98.900 0.353
201412 0.326 99.000 0.379
201503 0.199 99.900 0.230
201506 0.250 99.500 0.290
201509 0.256 100.500 0.294
201512 0.216 100.600 0.247
201603 0.191 102.200 0.215
201606 0.247 101.400 0.281
201609 0.291 102.400 0.327
201612 0.258 102.600 0.290
201703 0.191 103.200 0.213
201706 0.298 103.100 0.333
201709 0.250 104.100 0.277
201712 0.320 104.500 0.353
201803 0.211 105.300 0.231
201806 0.291 104.900 0.320
201809 0.263 106.600 0.284
201812 0.295 106.500 0.319
201903 0.269 107.700 0.288
201906 0.284 107.700 0.304
201909 0.220 109.800 0.231
201912 0.478 111.200 0.495
202003 0.133 112.300 0.136
202006 0.044 110.400 0.046
202009 -0.068 111.700 -0.070
202012 0.000 111.500 0.000
202103 0.107 112.662 0.109
202106 0.097 111.769 0.100
202109 0.108 112.215 0.111
202112 0.122 113.108 0.124
202203 0.197 114.335 0.199
202206 0.270 114.558 0.272
202209 0.324 115.339 0.324
202212 0.302 115.116 0.302
202303 0.114 115.116 0.114
202306 0.142 114.558 0.143
202309 0.139 115.339 0.139
202312 0.066 114.781 0.066
202403 0.087 115.227 0.087

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


Luthai Textile Co  (SZSE:200726) 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.

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

Shiller PE Ratio=Share Price/E10
=4.38/0.59
=7.42

* 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 Luthai Textile Co was 24.24. The lowest was 6.10. And the median was 11.11.


Be Aware

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


Luthai Textile Co E10 Related Terms

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


Luthai Textile Co (SZSE:200726) Business Description

Traded in Other Exchanges
Address
Number 11, Mingbo Road, High-tech Industry Development Zone, Shandong, Zibo, CHN, 255086
Luthai Textile Co Ltd is a China-based company. Its business includes the production, processing and sales business of cotton yarn, yarn dyed fabrics, shirts, fashion accessories, health underwear and other textile products and their mating products; design, Research and development, technology services of the textile and garment products. It has four segments which are Textile and apparel, Cotton, Electricity and steam, and Other. Most of the revenue generated from the Textile and apparel segment.
Executives
Pan Ping Li Executives
Liu Zi Long Supervisors
Qin Gui Ling Secretary, Director
Zhang Hong Mei Executives
Lv Yong Chen Executives
Wang Fang Shui Directors, executives
Zheng Wei Yin Securities Affairs Representative
Zhu Ling Wen Supervisors
Liu Shi Zhen Director
Zhang Ke Ming Executives
Bai Nian Yue Executives
Zhang Shou Gang Executives
Zhang Jian Xiang Executives
Yu Yong Bin Executives
Li Tong Min Supervisors

Luthai Textile Co (SZSE:200726) Headlines

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