GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Loctek Ergonomic Technology Corp (SZSE:300729) » Definitions » E10

Loctek Ergonomic Technology (SZSE:300729) E10 : ¥0.78 (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Loctek Ergonomic Technology 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.

Loctek Ergonomic Technology's adjusted earnings per share data for the three months ended in Sep. 2024 was ¥0.338. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.78 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 (2025-04-03), Loctek Ergonomic Technology's current stock price is ¥14.61. Loctek Ergonomic Technology's E10 for the quarter that ended in Sep. 2024 was ¥0.78. Loctek Ergonomic Technology's Shiller PE Ratio of today is 18.73.

During the past 13 years, the highest Shiller PE Ratio of Loctek Ergonomic Technology was 25.43. The lowest was 18.69. And the median was 21.59.


Loctek Ergonomic Technology E10 Historical Data

The historical data trend for Loctek Ergonomic Technology'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.

Loctek Ergonomic Technology E10 Chart

Loctek Ergonomic Technology 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 - - - - -

Loctek Ergonomic Technology 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 - - - 0.61 0.78

Competitive Comparison of Loctek Ergonomic Technology's E10

For the Business Equipment & Supplies subindustry, Loctek Ergonomic Technology'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.


Loctek Ergonomic Technology's Shiller PE Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Loctek Ergonomic Technology's Shiller PE Ratio falls into.


;
;

Loctek Ergonomic Technology 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, Loctek Ergonomic Technology'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)
=0.338/115.7848*115.7848
=0.338

Current CPI (Sep. 2024) = 115.7848.

Loctek Ergonomic Technology Quarterly Data

per share eps CPI Adj_EPS
200912 0.000 85.386 0.000
201012 0.000 89.289 0.000
201106 0.000 91.612 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201606 0.000 101.400 0.000
201609 0.063 102.400 0.071
201612 0.107 102.600 0.121
201703 0.089 103.200 0.100
201706 0.092 103.100 0.103
201709 0.074 104.100 0.082
201712 0.100 104.500 0.111
201803 0.059 105.300 0.065
201806 0.070 104.900 0.077
201809 0.055 106.600 0.060
201812 0.063 106.500 0.068
201903 0.044 107.700 0.047
201906 0.055 107.700 0.059
201909 0.101 109.800 0.107
201912 0.104 111.200 0.108
202003 0.095 112.300 0.098
202006 0.230 110.400 0.241
202009 0.396 111.700 0.410
202012 0.215 111.500 0.223
202103 0.131 112.662 0.135
202106 0.223 111.769 0.231
202109 0.162 112.215 0.167
202112 0.138 113.108 0.141
202203 0.062 114.335 0.063
202206 0.382 114.558 0.386
202209 0.094 115.339 0.094
202212 0.160 115.116 0.161
202303 1.260 115.116 1.267
202306 0.147 114.558 0.149
202309 0.242 115.339 0.243
202312 0.362 114.781 0.365
202403 0.250 115.227 0.251
202406 0.252 114.781 0.254
202409 0.338 115.785 0.338

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


Loctek Ergonomic Technology  (SZSE:300729) 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.

Loctek Ergonomic Technology's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.61/0.78
=18.73

* 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 Loctek Ergonomic Technology was 25.43. The lowest was 18.69. And the median was 21.59.


Be Aware

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


Loctek Ergonomic Technology E10 Related Terms

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


Loctek Ergonomic Technology Business Description

Traded in Other Exchanges
N/A
Address
No.757 Rili Middle Road, Floor 20 Aux Building, Yinzhou District, Ningbo, CHN, 315199
Loctek Ergonomic Technology Corp is a China-based company. The company manufactures office systems and equipment including height adjustable desk, sit-stand workstation, monitor arm, TV wall mount specifically designed for plasma, LCD, and LED TVs and exercise bike in China. It also offers table mounts, wall furniture, carts, projector screen, speaker stands.
Executives
Jiang Yi Director
Gu Chao Feng Executives
Xiang Le Hong Directors, executives
Zhu Wei Directors, Directors, and Executives
Pan Yun Ping Directors, executives
Bai Mi Securities Affairs Representative
Zhang Xin Directors, executives
Wu Ya Jun Independent director

Loctek Ergonomic Technology Headlines

No Headlines