GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sinocare Inc (SZSE:300298) » Definitions » E10

Sinocare (SZSE:300298) E10 : ¥0.48 (As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Sinocare 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.

Sinocare's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.105. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.48 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Sinocare's average E10 Growth Rate was -2.00% per year. During the past 3 years, the average E10 Growth Rate was 3.80% 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 Sinocare was 3.80% per year. The lowest was 3.80% per year. And the median was 3.80% per year.

As of today (2025-03-27), Sinocare's current stock price is ¥24.25. Sinocare's E10 for the quarter that ended in Sep. 2024 was ¥0.48. Sinocare's Shiller PE Ratio of today is 50.52.

During the past 13 years, the highest Shiller PE Ratio of Sinocare was 111.35. The lowest was 35.50. And the median was 60.49.


Sinocare E10 Historical Data

The historical data trend for Sinocare'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.

Sinocare E10 Chart

Sinocare 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 0.42 0.46 0.47

Sinocare 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 0.49 0.47 0.48 0.48 0.48

Competitive Comparison of Sinocare's E10

For the Medical Devices subindustry, Sinocare'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.


Sinocare's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sinocare's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sinocare's Shiller PE Ratio falls into.


';

Sinocare 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, Sinocare'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)
=0.105/115.7848*115.7848
=0.105

Current CPI (Sep. 2024) = 115.7848.

Sinocare Quarterly Data

per share eps CPI Adj_EPS
201412 0.133 99.000 0.156
201503 0.114 99.900 0.132
201506 0.086 99.500 0.100
201509 0.133 100.500 0.153
201512 0.049 100.600 0.056
201603 0.090 102.200 0.102
201606 0.017 101.400 0.019
201609 0.164 102.400 0.185
201612 -0.008 102.600 -0.009
201703 0.092 103.200 0.103
201706 0.094 103.100 0.106
201709 0.238 104.100 0.265
201712 0.054 104.500 0.060
201803 0.158 105.300 0.174
201806 0.150 104.900 0.166
201809 0.131 106.600 0.142
201812 0.063 106.500 0.068
201903 0.087 107.700 0.094
201906 0.143 107.700 0.154
201909 0.148 109.800 0.156
201912 0.067 111.200 0.070
202003 0.112 112.300 0.115
202006 0.168 110.400 0.176
202009 0.161 111.700 0.167
202012 -0.107 111.500 -0.111
202103 0.079 112.662 0.081
202106 0.131 111.769 0.136
202109 0.138 112.215 0.142
202112 -0.157 113.108 -0.161
202203 0.116 114.335 0.117
202206 0.293 114.558 0.296
202209 0.280 115.339 0.281
202212 0.111 115.116 0.112
202303 0.107 115.116 0.108
202306 0.208 114.558 0.210
202309 0.256 115.339 0.257
202312 -0.060 114.781 -0.061
202403 0.146 115.227 0.147
202406 0.210 114.781 0.212
202409 0.105 115.785 0.105

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


Sinocare  (SZSE:300298) 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.

Sinocare's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24.25/0.48
=50.52

* 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 Sinocare was 111.35. The lowest was 35.50. And the median was 60.49.


Be Aware

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


Sinocare E10 Related Terms

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


Sinocare Business Description

Traded in Other Exchanges
N/A
Address
No.265 Guyuan Road, Hi-tech Zone, Hunan Province, Changsha, CHN, 410205
Sinocare Inc operates in the healthcare industry. It is engaged in the development, manufacturing, and marketing of diagnosis testing products for people with chronic diseases and healthcare professionals. Its product range covers household blood glucose meter, medical blood glucose meter, urinary microalbumin test strip and blood lipid uric acid products. In addition, the company also provides diabetes management information systems.
Executives
Li Xin Yi Director
Li Shao Bo Directors, executives
Che Hong Jing Director
Wang Shi Min Executives
Huang An Guo Directors, executives
Directors, executives
Pan Shu Guang Securities Affairs Representative
Zhou Qing Hua Supervisors
Ning Gui Chun Supervisors
Wang Rui Securities Affairs Representative
Chen Ji Dong Supervisors
Che Hong Li Directors, executives
Zhang Fan Director

Sinocare Headlines

No Headlines