GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Red Phase Inc (SZSE:300427) » Definitions » E10

Red Phase (SZSE:300427) E10 : ¥0.05 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Red Phase 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.

Red Phase's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥-0.091. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Red Phase's average E10 Growth Rate was -87.50% 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 (2024-05-21), Red Phase's current stock price is ¥4.89. Red Phase's E10 for the quarter that ended in Mar. 2024 was ¥0.05. Red Phase's Shiller PE Ratio of today is 97.80.

During the past 13 years, the highest Shiller PE Ratio of Red Phase was 127.60. The lowest was 17.10. And the median was 25.89.


Red Phase E10 Historical Data

The historical data trend for Red Phase'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.

Red Phase E10 Chart

Red Phase 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 - - - - 0.05

Red Phase 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 0.40 0.38 0.26 0.05 0.05

Competitive Comparison of Red Phase's E10

For the Electrical Equipment & Parts subindustry, Red Phase'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.


Red Phase's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Red Phase's Shiller PE Ratio distribution charts can be found below:

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



Red Phase 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, Red Phase'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)
=-0.091/115.2271*115.2271
=-0.091

Current CPI (Mar. 2024) = 115.2271.

Red Phase Quarterly Data

per share eps CPI Adj_EPS
201406 0.069 98.200 0.081
201409 -0.003 98.900 -0.003
201412 0.234 99.000 0.272
201503 -0.025 99.900 -0.029
201506 0.059 99.500 0.068
201509 0.013 100.500 0.015
201512 0.208 100.600 0.238
201603 -0.065 102.200 -0.073
201606 0.066 101.400 0.075
201609 0.005 102.400 0.006
201612 0.210 102.600 0.236
201703 -0.019 103.200 -0.021
201706 0.069 103.100 0.077
201709 0.037 104.100 0.041
201712 0.293 104.500 0.323
201803 0.168 105.300 0.184
201806 0.175 104.900 0.192
201809 0.136 106.600 0.147
201812 0.171 106.500 0.185
201903 0.172 107.700 0.184
201906 0.227 107.700 0.243
201909 0.156 109.800 0.164
201912 0.105 111.200 0.109
202003 0.224 112.300 0.230
202006 0.220 110.400 0.230
202009 0.183 111.700 0.189
202012 0.021 111.500 0.022
202103 0.080 112.662 0.082
202106 0.115 111.769 0.119
202109 0.046 112.215 0.047
202112 -1.940 113.108 -1.976
202203 0.071 114.335 0.072
202206 0.066 114.558 0.066
202209 0.076 115.339 0.076
202212 -0.005 115.116 -0.005
202303 0.117 115.116 0.117
202306 -0.037 114.558 -0.037
202309 -0.213 115.339 -0.213
202312 -1.136 114.781 -1.140
202403 -0.091 115.227 -0.091

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


Red Phase  (SZSE:300427) 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.

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

Shiller PE Ratio=Share Price/E10
=4.89/0.05
=97.80

* 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 Red Phase was 127.60. The lowest was 17.10. And the median was 25.89.


Be Aware

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


Red Phase E10 Related Terms

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


Red Phase (SZSE:300427) Business Description

Traded in Other Exchanges
N/A
Address
Unit 1002, No. 3, Nantou Road, Siming District, Fujian Province, Xiamen, CHN, 361008
Red Phase Inc is engaged in the research and application of power system state maintenance technology. It provides its customers with various solutions for power grid state maintenance and intelligent operation.

Red Phase (SZSE:300427) Headlines

No Headlines