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Changzhou Tiansheng New Materials Group Co (SZSE:300169) E10 : ¥-0.33 (As of Sep. 2024)


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What is Changzhou Tiansheng New Materials Group 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.

Changzhou Tiansheng New Materials Group Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.008. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥-0.33 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was -28.70% 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 Changzhou Tiansheng New Materials Group Co was -28.70% per year. The lowest was -149.30% per year. And the median was -89.00% per year.

As of today (2025-03-16), Changzhou Tiansheng New Materials Group Co's current stock price is ¥7.95. Changzhou Tiansheng New Materials Group Co's E10 for the quarter that ended in Sep. 2024 was ¥-0.33. Changzhou Tiansheng New Materials Group Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Changzhou Tiansheng New Materials Group Co was 65.38. The lowest was 33.14. And the median was 47.64.


Changzhou Tiansheng New Materials Group Co E10 Historical Data

The historical data trend for Changzhou Tiansheng New Materials Group 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.

Changzhou Tiansheng New Materials Group Co E10 Chart

Changzhou Tiansheng New Materials Group 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 -0.02 -0.15 -0.23 -0.31 -0.32

Changzhou Tiansheng New Materials Group 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 -0.31 -0.32 -0.33 -0.32 -0.33

Competitive Comparison of Changzhou Tiansheng New Materials Group Co's E10

For the Chemicals subindustry, Changzhou Tiansheng New Materials Group 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.


Changzhou Tiansheng New Materials Group Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Changzhou Tiansheng New Materials Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Changzhou Tiansheng New Materials Group Co's Shiller PE Ratio falls into.



Changzhou Tiansheng New Materials Group 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, Changzhou Tiansheng New Materials Group 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)
=0.008/115.7848*115.7848
=0.008

Current CPI (Sep. 2024) = 115.7848.

Changzhou Tiansheng New Materials Group Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.024 99.000 0.028
201503 -0.030 99.900 -0.035
201506 0.053 99.500 0.062
201509 0.018 100.500 0.021
201512 0.031 100.600 0.036
201603 -0.029 102.200 -0.033
201606 0.040 101.400 0.046
201609 0.026 102.400 0.029
201612 -0.010 102.600 -0.011
201703 -0.023 103.200 -0.026
201706 0.031 103.100 0.035
201709 0.003 104.100 0.003
201712 -0.120 104.500 -0.133
201803 -0.014 105.300 -0.015
201806 0.036 104.900 0.040
201809 -0.010 106.600 -0.011
201812 0.038 106.500 0.041
201903 -0.015 107.700 -0.016
201906 0.031 107.700 0.033
201909 0.007 109.800 0.007
201912 -0.913 111.200 -0.951
202003 -0.051 112.300 -0.053
202006 0.024 110.400 0.025
202009 0.042 111.700 0.044
202012 -0.885 111.500 -0.919
202103 -0.013 112.662 -0.013
202106 0.022 111.769 0.023
202109 0.001 112.215 0.001
202112 -0.510 113.108 -0.522
202203 -0.054 114.335 -0.055
202206 -0.006 114.558 -0.006
202209 -0.052 115.339 -0.052
202212 -0.468 115.116 -0.471
202303 -0.043 115.116 -0.043
202306 -0.023 114.558 -0.023
202309 -0.044 115.339 -0.044
202312 -0.381 114.781 -0.384
202403 -0.012 115.227 -0.012
202406 0.024 114.781 0.024
202409 0.008 115.785 0.008

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


Changzhou Tiansheng New Materials Group Co  (SZSE:300169) 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.

During the past 13 years, the highest Shiller P/E Ratio of Changzhou Tiansheng New Materials Group Co was 65.38. The lowest was 33.14. And the median was 47.64.


Be Aware

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


Changzhou Tiansheng New Materials Group Co E10 Related Terms

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


Changzhou Tiansheng New Materials Group Co Business Description

Traded in Other Exchanges
N/A
Address
508 Longjin Road, Jiangsu, Changzhou City, CHN, 213028
Changzhou Tiansheng New Materials Group Co Ltd formerly Changzhou Tiansheng New Materials Co Ltd is engaged in the research and development, production, and sales of polymer foam materials. The company focuses on the field of flexible foams, structural foams, and post processing of these materials.
Executives
Xu Yi Directors, executives
Sun Jian Directors, executives
Lv Ze Wei Director
Wang Jian Executives
Qian Bin Executives
Song Yue Directors, executives
Wu Hai Zhou Directors, executives

Changzhou Tiansheng New Materials Group Co Headlines

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