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Zhejiang Yangfan New Materials Co (SZSE:300637) E10 : ¥0.25 (As of Sep. 2024)


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What is Zhejiang Yangfan New Materials 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 Yangfan New Materials Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥-0.025. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.25 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 (2025-03-03), Zhejiang Yangfan New Materials Co's current stock price is ¥10.24. Zhejiang Yangfan New Materials Co's E10 for the quarter that ended in Sep. 2024 was ¥0.25. Zhejiang Yangfan New Materials Co's Shiller PE Ratio of today is 40.96.

During the past 12 years, the highest Shiller PE Ratio of Zhejiang Yangfan New Materials Co was 49.60. The lowest was 34.20. And the median was 41.32.


Zhejiang Yangfan New Materials Co E10 Historical Data

The historical data trend for Zhejiang Yangfan New Materials 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 Yangfan New Materials Co E10 Chart

Zhejiang Yangfan New Materials 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 - - - - -

Zhejiang Yangfan New Materials 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 - - - - 0.25

Competitive Comparison of Zhejiang Yangfan New Materials Co's E10

For the Chemicals subindustry, Zhejiang Yangfan New Materials 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 Yangfan New Materials Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Yangfan New Materials Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Yangfan New Materials Co's Shiller PE Ratio falls into.



Zhejiang Yangfan New Materials 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 Yangfan New Materials 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)
=-0.025/115.7848*115.7848
=-0.025

Current CPI (Sep. 2024) = 115.7848.

Zhejiang Yangfan New Materials Co Quarterly Data

per share eps CPI Adj_EPS
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201506 0.280 99.500 0.326
201512 0.180 100.600 0.207
201603 0.053 102.200 0.060
201606 0.116 101.400 0.132
201609 0.100 102.400 0.113
201612 0.084 102.600 0.095
201703 0.063 103.200 0.071
201706 0.063 103.100 0.071
201709 0.105 104.100 0.117
201712 0.074 104.500 0.082
201803 0.116 105.300 0.128
201806 0.172 104.900 0.190
201809 0.330 106.600 0.358
201812 0.129 106.500 0.140
201903 0.160 107.700 0.172
201906 0.140 107.700 0.151
201909 0.102 109.800 0.108
201912 0.040 111.200 0.042
202003 -0.010 112.300 -0.010
202006 0.093 110.400 0.098
202009 0.002 111.700 0.002
202012 0.040 111.500 0.042
202103 0.060 112.662 0.062
202106 -0.020 111.769 -0.021
202109 -0.010 112.215 -0.010
202112 0.000 113.108 0.000
202203 0.050 114.335 0.051
202206 0.011 114.558 0.011
202209 -0.013 115.339 -0.013
202212 -0.023 115.116 -0.023
202303 -0.064 115.116 -0.064
202306 0.044 114.558 0.044
202309 -0.013 115.339 -0.013
202312 -0.344 114.781 -0.347
202403 -0.057 115.227 -0.057
202406 -0.033 114.781 -0.033
202409 -0.025 115.785 -0.025

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


Zhejiang Yangfan New Materials Co  (SZSE:300637) 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 Yangfan New Materials Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.24/0.25
=40.96

* 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 12 years, the highest Shiller P/E Ratio of Zhejiang Yangfan New Materials Co was 49.60. The lowest was 34.20. And the median was 41.32.


Be Aware

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


Zhejiang Yangfan New Materials Co E10 Related Terms

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


Zhejiang Yangfan New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
Shangyu Economic and Technological Development Zone, Zhejiang Province, Shaoxing, CHN, 312300
Zhejiang Yangfan New Materials Co Ltd is engaged in research and development, manufacture and sales of UV curing products, sulfur-containing fine chemicals, and related new materials. Its product line includes phosphorous acid, hydrobromic acid, the photoinitiator, and more.
Executives
Tao Ming Executives
Fan Xiang Dong Director, Director, Representative of Securities A
Liu Hui Executives
Shang Guan Yun Ming Executives
Zhu Jun Fei Executives
Fan Pei Ren Director
Tao Li Qin Independent director
Li Jun Supervisors
Wu Hong Hui Executives
Li Yao Tu Directors, executives

Zhejiang Yangfan New Materials Co Headlines

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