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Motic (Xiamen) Electric Group Co (SZSE:300341) E10 : ¥0.30 (As of Mar. 2024)


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What is Motic (Xiamen) Electric 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.

Motic (Xiamen) Electric Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.062. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Motic (Xiamen) Electric Group Co's average E10 Growth Rate was 7.10% 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.

As of today (2024-06-09), Motic (Xiamen) Electric Group Co's current stock price is ¥8.73. Motic (Xiamen) Electric Group Co's E10 for the quarter that ended in Mar. 2024 was ¥0.30. Motic (Xiamen) Electric Group Co's Shiller PE Ratio of today is 29.10.

During the past 13 years, the highest Shiller PE Ratio of Motic (Xiamen) Electric Group Co was 52.14. The lowest was 26.73. And the median was 37.48.


Motic (Xiamen) Electric Group Co E10 Historical Data

The historical data trend for Motic (Xiamen) Electric 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.

Motic (Xiamen) Electric Group Co E10 Chart

Motic (Xiamen) Electric 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 - -2.37 0.24 0.28 0.30

Motic (Xiamen) Electric Group 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 0.28 0.29 0.29 0.30 0.30

Competitive Comparison of Motic (Xiamen) Electric Group Co's E10

For the Electrical Equipment & Parts subindustry, Motic (Xiamen) Electric 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.


Motic (Xiamen) Electric Group Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Motic (Xiamen) Electric Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Motic (Xiamen) Electric Group Co's Shiller PE Ratio falls into.



Motic (Xiamen) Electric 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, Motic (Xiamen) Electric Group 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)
=0.062/115.2271*115.2271
=0.062

Current CPI (Mar. 2024) = 115.2271.

Motic (Xiamen) Electric Group Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.030 98.200 0.035
201409 0.043 98.900 0.050
201412 0.014 99.000 0.016
201503 0.024 99.900 0.028
201506 0.043 99.500 0.050
201509 0.042 100.500 0.048
201512 0.077 100.600 0.088
201603 0.019 102.200 0.021
201606 0.057 101.400 0.065
201609 0.061 102.400 0.069
201612 0.085 102.600 0.095
201703 0.039 103.200 0.044
201706 0.068 103.100 0.076
201709 0.068 104.100 0.075
201712 0.090 104.500 0.099
201803 0.022 105.300 0.024
201806 0.071 104.900 0.078
201809 0.094 106.600 0.102
201812 0.103 106.500 0.111
201903 0.040 107.700 0.043
201906 0.062 107.700 0.066
201909 0.105 109.800 0.110
201912 0.085 111.200 0.088
202003 0.025 112.300 0.026
202006 0.061 110.400 0.064
202009 0.098 111.700 0.101
202012 0.089 111.500 0.092
202103 0.069 112.662 0.071
202106 0.072 111.769 0.074
202109 0.095 112.215 0.098
202112 0.113 113.108 0.115
202203 0.089 114.335 0.090
202206 0.123 114.558 0.124
202209 0.144 115.339 0.144
202212 0.149 115.116 0.149
202303 0.076 115.116 0.076
202306 0.071 114.558 0.071
202309 0.086 115.339 0.086
202312 0.092 114.781 0.092
202403 0.062 115.227 0.062

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


Motic (Xiamen) Electric Group Co  (SZSE:300341) 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.

Motic (Xiamen) Electric Group Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.73/0.3
=29.10

* 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 Motic (Xiamen) Electric Group Co was 52.14. The lowest was 26.73. And the median was 37.48.


Be Aware

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


Motic (Xiamen) Electric Group Co E10 Related Terms

Thank you for viewing the detailed overview of Motic (Xiamen) Electric Group Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Motic (Xiamen) Electric Group Co (SZSE:300341) Business Description

Traded in Other Exchanges
N/A
Address
808 Fangshan Road, Xiamen Torch Hi-Tech, Industrial Development Zone, Xiamen, Fujian, CHN, 361101
Motic (Xiamen) Electric Group Co Ltd manufactures and supplies insulation components for the electrical transmission and distribution networks and the electrical power industry.
Executives
Chen Zu Long Supervisors
Directors, executives
Zhang Guang Wei Supervisors
Chen Pei Xin Director
Li Zhen Directors, executives
Hu Chun Hua Executives
Wu Fu Ai Executives
Pan Wei Xing Executives

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