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Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) E10 : ¥0.27 (As of Mar. 2024)


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What is Guangdong High Dream Intellectualized Machinery 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.

Guangdong High Dream Intellectualized Machinery Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was ¥0.186. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.27 for the trailing ten years ended in Dec. 2023.

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 (2024-05-23), Guangdong High Dream Intellectualized Machinery Co's current stock price is ¥ 18.36. Guangdong High Dream Intellectualized Machinery Co's E10 for the fiscal year that ended in Dec. 2023 was ¥0.27. Guangdong High Dream Intellectualized Machinery Co's Shiller PE Ratio of today is 68.00.

During the past 11 years, the highest Shiller PE Ratio of Guangdong High Dream Intellectualized Machinery Co was 74.63. The lowest was 37.85. And the median was 47.41.


Guangdong High Dream Intellectualized Machinery Co E10 Historical Data

The historical data trend for Guangdong High Dream Intellectualized Machinery 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.

Guangdong High Dream Intellectualized Machinery Co E10 Chart

Guangdong High Dream Intellectualized Machinery 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 - - - 0.29 0.27

Guangdong High Dream Intellectualized Machinery 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 - - - 0.27 -

Competitive Comparison of Guangdong High Dream Intellectualized Machinery Co's E10

For the Specialty Industrial Machinery subindustry, Guangdong High Dream Intellectualized Machinery 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.


Guangdong High Dream Intellectualized Machinery Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong High Dream Intellectualized Machinery Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong High Dream Intellectualized Machinery Co's Shiller PE Ratio falls into.



Guangdong High Dream Intellectualized Machinery 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, Guangdong High Dream Intellectualized Machinery Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.186/114.7809*114.7809
=0.186

Current CPI (Dec. 2023) = 114.7809.

Guangdong High Dream Intellectualized Machinery Co Annual Data

per_share_eps CPI Adj_EPS
201412 0.215 99.000 0.249
201512 0.219 100.600 0.250
201612 0.259 102.600 0.290
201712 0.256 104.500 0.281
201812 0.239 106.500 0.258
201912 0.228 111.200 0.235
202012 0.376 111.500 0.387
202112 0.396 113.108 0.402
202212 0.210 115.116 0.209
202312 0.186 114.781 0.186

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


Guangdong High Dream Intellectualized Machinery Co  (SZSE:300720) 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.

Guangdong High Dream Intellectualized Machinery Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.36/0.27
=68.00

* 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 11 years, the highest Shiller P/E Ratio of Guangdong High Dream Intellectualized Machinery Co was 74.63. The lowest was 37.85. And the median was 47.41.


Be Aware

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


Guangdong High Dream Intellectualized Machinery Co E10 Related Terms

Thank you for viewing the detailed overview of Guangdong High Dream Intellectualized Machinery Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Longzhan Road, Huanglong Village Committee, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528311
Guangdong High Dream Intellectualized Machinery Co Ltd manufactures and sells weighing machineries in China. The company's products include intelligent combination scales, metal detector, loss-in-weight feeders and ancillary equipment. Its products are used for the weighing in food, plastic and chemical industries, as well as for the dynamic measurement in feeding, batching and other processes.

Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Headlines

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