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Zhejiang Jingsheng Mechanical and Electrical Co (SZSE:300316) E10 : ¥1.18 (As of Sep. 2024)


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What is Zhejiang Jingsheng Mechanical and Electrical 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.

Zhejiang Jingsheng Mechanical and Electrical Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.18 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Zhejiang Jingsheng Mechanical and Electrical Co's average E10 Growth Rate was 34.10% per year. During the past 3 years, the average E10 Growth Rate was 46.80% 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 Zhejiang Jingsheng Mechanical and Electrical Co was 46.80% per year. The lowest was 46.80% per year. And the median was 46.80% per year.

As of today (2025-03-27), Zhejiang Jingsheng Mechanical and Electrical Co's current stock price is ¥32.91. Zhejiang Jingsheng Mechanical and Electrical Co's E10 for the quarter that ended in Sep. 2024 was ¥1.18. Zhejiang Jingsheng Mechanical and Electrical Co's Shiller PE Ratio of today is 27.89.

During the past 13 years, the highest Shiller PE Ratio of Zhejiang Jingsheng Mechanical and Electrical Co was 229.81. The lowest was 19.50. And the median was 101.63.


Zhejiang Jingsheng Mechanical and Electrical Co E10 Historical Data

The historical data trend for Zhejiang Jingsheng Mechanical and Electrical 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.

Zhejiang Jingsheng Mechanical and Electrical Co E10 Chart

Zhejiang Jingsheng Mechanical and Electrical 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 - 0.30 0.40 0.61 0.95

Zhejiang Jingsheng Mechanical and Electrical 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 0.88 0.95 1.03 1.11 1.18

Competitive Comparison of Zhejiang Jingsheng Mechanical and Electrical Co's E10

For the Semiconductor Equipment & Materials subindustry, Zhejiang Jingsheng Mechanical and Electrical 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.


Zhejiang Jingsheng Mechanical and Electrical Co's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Jingsheng Mechanical and Electrical Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Jingsheng Mechanical and Electrical Co's Shiller PE Ratio falls into.


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Zhejiang Jingsheng Mechanical and Electrical 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, Zhejiang Jingsheng Mechanical and Electrical 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)
=0.66/115.7848*115.7848
=0.660

Current CPI (Sep. 2024) = 115.7848.

Zhejiang Jingsheng Mechanical and Electrical Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.008 99.000 0.009
201503 0.015 99.900 0.017
201506 0.023 99.500 0.027
201509 0.023 100.500 0.026
201512 0.031 100.600 0.036
201603 0.022 102.200 0.025
201606 0.047 101.400 0.054
201609 0.046 102.400 0.052
201612 0.062 102.600 0.070
201703 0.046 103.200 0.052
201706 0.064 103.100 0.072
201709 0.090 104.100 0.100
201712 0.100 104.500 0.111
201803 0.110 105.300 0.121
201806 0.110 104.900 0.121
201809 0.130 106.600 0.141
201812 0.100 106.500 0.109
201903 0.100 107.700 0.108
201906 0.100 107.700 0.108
201909 0.170 109.800 0.179
201912 0.130 111.200 0.135
202003 0.100 112.300 0.103
202006 0.120 110.400 0.126
202009 0.190 111.700 0.197
202012 0.260 111.500 0.270
202103 0.220 112.662 0.226
202106 0.250 111.769 0.259
202109 0.390 112.215 0.402
202112 0.470 113.108 0.481
202203 0.340 114.335 0.344
202206 0.600 114.558 0.606
202209 0.620 115.339 0.622
202212 0.700 115.116 0.704
202303 0.680 115.116 0.684
202306 1.010 114.558 1.021
202309 1.000 115.339 1.004
202312 0.800 114.781 0.807
202403 0.820 115.227 0.824
202406 0.780 114.781 0.787
202409 0.660 115.785 0.660

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


Zhejiang Jingsheng Mechanical and Electrical Co  (SZSE:300316) 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.

Zhejiang Jingsheng Mechanical and Electrical Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.91/1.18
=27.89

* 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 Zhejiang Jingsheng Mechanical and Electrical Co was 229.81. The lowest was 19.50. And the median was 101.63.


Be Aware

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


Zhejiang Jingsheng Mechanical and Electrical Co E10 Related Terms

Thank you for viewing the detailed overview of Zhejiang Jingsheng Mechanical and Electrical Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Jingsheng Mechanical and Electrical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 500, Shunda Road, Linping District, Zhejiang Province, Shangyu District, Hangzhou, CHN, 311199
Zhejiang Jingsheng Mechanical and Electrical Co Ltd is engaged in Research & Development, manufacturing and sales of crystalline silicon growth equipment and its control systems.
Executives
Lu Xiao Wen Directors, executives
Tao Huan Jun Securities Affairs Representative
Zhang Jun Executives
Fu Lin Jian Executives
Zhu Liang Directors, executives
Shi Gang Executives
Cao Jian Wei Directors, executives
Wang Qiu Chao Independent director
Qiu Min Xiu Director
Shen Bo Wei Supervisors
Li Shi Lun Director
Mao Quan Lin Directors, executives

Zhejiang Jingsheng Mechanical and Electrical Co Headlines

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