GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Henghe Precision Industry Co Ltd (SZSE:300539) » Definitions » E10

Ningbo Henghe Precision Industry Co (SZSE:300539) E10 : ¥0.14 (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Ningbo Henghe Precision Industry 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.

Ningbo Henghe Precision Industry Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.14 for the trailing ten years ended in Sep. 2024.

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 (2024-12-13), Ningbo Henghe Precision Industry Co's current stock price is ¥12.22. Ningbo Henghe Precision Industry Co's E10 for the quarter that ended in Sep. 2024 was ¥0.14. Ningbo Henghe Precision Industry Co's Shiller PE Ratio of today is 87.29.

During the past 13 years, the highest Shiller PE Ratio of Ningbo Henghe Precision Industry Co was 93.86. The lowest was 64.71. And the median was 73.18.


Ningbo Henghe Precision Industry Co E10 Historical Data

The historical data trend for Ningbo Henghe Precision Industry 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.

Ningbo Henghe Precision Industry Co E10 Chart

Ningbo Henghe Precision Industry 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 - - - - -

Ningbo Henghe Precision Industry 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 - - 0.11 0.11 0.14

Competitive Comparison of Ningbo Henghe Precision Industry Co's E10

For the Metal Fabrication subindustry, Ningbo Henghe Precision Industry 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.


Ningbo Henghe Precision Industry Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Henghe Precision Industry Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Henghe Precision Industry Co's Shiller PE Ratio falls into.



Ningbo Henghe Precision Industry 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, Ningbo Henghe Precision Industry 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)
=0.04/115.7848*115.7848
=0.040

Current CPI (Sep. 2024) = 115.7848.

Ningbo Henghe Precision Industry Co Quarterly Data

per share eps CPI Adj_EPS
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201506 0.180 99.500 0.209
201509 0.041 100.500 0.047
201512 0.045 100.600 0.052
201603 0.045 102.200 0.051
201606 0.045 101.400 0.051
201609 0.050 102.400 0.057
201612 0.069 102.600 0.078
201703 0.050 103.200 0.056
201706 0.030 103.100 0.034
201709 0.050 104.100 0.056
201712 0.020 104.500 0.022
201803 0.020 105.300 0.022
201806 0.020 104.900 0.022
201809 0.020 106.600 0.022
201812 -0.010 106.500 -0.011
201903 0.020 107.700 0.022
201906 0.000 107.700 0.000
201909 0.010 109.800 0.011
201912 0.010 111.200 0.010
202003 -0.020 112.300 -0.021
202006 0.024 110.400 0.025
202009 0.015 111.700 0.016
202012 0.033 111.500 0.034
202103 0.020 112.662 0.021
202106 0.020 111.769 0.021
202109 0.027 112.215 0.028
202112 0.033 113.108 0.034
202203 0.020 114.335 0.020
202206 0.030 114.558 0.030
202209 0.030 115.339 0.030
202212 0.050 115.116 0.050
202303 0.030 115.116 0.030
202306 0.046 114.558 0.046
202309 0.030 115.339 0.030
202312 0.030 114.781 0.030
202403 0.030 115.227 0.030
202406 0.030 114.781 0.030
202409 0.040 115.785 0.040

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


Ningbo Henghe Precision Industry Co  (SZSE:300539) 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.

Ningbo Henghe Precision Industry Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.22/0.14
=87.29

* 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 Ningbo Henghe Precision Industry Co was 93.86. The lowest was 64.71. And the median was 73.18.


Be Aware

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


Ningbo Henghe Precision Industry Co E10 Related Terms

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


Ningbo Henghe Precision Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 588 Xinxing Avenue, Zonghan Street, Xinxing Industrial Cluster District, Cixi, CHN, 315301
Ningbo Henghe Precision Industry Co Ltd is a manufacturer of precision molds and precision plastic parts in China. It is engaged in the research and development, design, manufacture, and injection molding of precision plastic molds. Its main products are molds and supporting injection products and are used in home appliances, automobiles, sanitary wares, medical equipment parts.
Executives
Chen Jian Xiang Directors, executives
Wu Rui Executives
Hu Zhi Jun Directors, executives
Shi Fang Supervisors
Huang Fei Hu Executives
Duan Shan Hu Director
Sun Xue Min Executives
Su Hua Directors, executives

Ningbo Henghe Precision Industry Co Headlines

No Headlines