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Hung Ching Developmentnstruction Co (TPE:2527) E10 : NT$2.61 (As of Mar. 2024)


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What is Hung Ching Developmentnstruction 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.

Hung Ching Developmentnstruction Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$2.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hung Ching Developmentnstruction Co's average E10 Growth Rate was 6.10% per year. During the past 3 years, the average E10 Growth Rate was 13.50% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Hung Ching Developmentnstruction Co was 13.50% per year. The lowest was 13.30% per year. And the median was 13.40% per year.

As of today (2024-06-21), Hung Ching Developmentnstruction Co's current stock price is NT$45.85. Hung Ching Developmentnstruction Co's E10 for the quarter that ended in Mar. 2024 was NT$2.61. Hung Ching Developmentnstruction Co's Shiller PE Ratio of today is 17.57.

During the past 13 years, the highest Shiller PE Ratio of Hung Ching Developmentnstruction Co was 22.03. The lowest was 7.92. And the median was 11.60.


Hung Ching Developmentnstruction Co E10 Historical Data

The historical data trend for Hung Ching Developmentnstruction 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.

Hung Ching Developmentnstruction Co E10 Chart

Hung Ching Developmentnstruction 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 1.67 1.75 2.28 2.43 2.56

Hung Ching Developmentnstruction 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 2.46 2.53 2.80 2.56 2.61

Competitive Comparison of Hung Ching Developmentnstruction Co's E10

For the Real Estate Services subindustry, Hung Ching Developmentnstruction 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.


Hung Ching Developmentnstruction Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hung Ching Developmentnstruction Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hung Ching Developmentnstruction Co's Shiller PE Ratio falls into.



Hung Ching Developmentnstruction 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, Hung Ching Developmentnstruction Co'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)
=0.04/131.7762*131.7762
=0.040

Current CPI (Mar. 2024) = 131.7762.

Hung Ching Developmentnstruction Co Quarterly Data

per share eps CPI Adj_EPS
201406 -0.220 100.560 -0.288
201409 3.790 100.428 4.973
201412 -0.240 99.070 -0.319
201503 0.190 99.621 0.251
201506 1.400 100.684 1.832
201509 0.590 100.392 0.774
201512 0.480 99.792 0.634
201603 0.050 100.470 0.066
201606 -0.150 101.688 -0.194
201609 0.490 101.861 0.634
201612 -0.150 101.863 -0.194
201703 -0.140 102.862 -0.179
201706 -0.190 103.349 -0.242
201709 0.410 104.136 0.519
201712 0.050 104.011 0.063
201803 -0.250 105.290 -0.313
201806 -0.400 106.317 -0.496
201809 1.030 106.507 1.274
201812 1.210 105.998 1.504
201903 0.100 107.251 0.123
201906 0.400 108.070 0.488
201909 1.920 108.329 2.336
201912 0.390 108.420 0.474
202003 0.200 108.902 0.242
202006 0.110 108.767 0.133
202009 0.560 109.815 0.672
202012 0.630 109.897 0.755
202103 0.830 111.754 0.979
202106 0.750 114.631 0.862
202109 3.910 115.734 4.452
202112 0.670 117.630 0.751
202203 0.270 121.301 0.293
202206 0.260 125.017 0.274
202209 1.000 125.227 1.052
202212 -0.360 125.222 -0.379
202303 -0.380 127.348 -0.393
202306 0.110 128.729 0.113
202309 2.580 129.860 2.618
202312 -0.100 129.419 -0.102
202403 0.040 131.776 0.040

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


Hung Ching Developmentnstruction Co  (TPE:2527) 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.

Hung Ching Developmentnstruction Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=45.85/2.61
=17.57

* 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 Hung Ching Developmentnstruction Co was 22.03. The lowest was 7.92. And the median was 11.60.


Be Aware

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


Hung Ching Developmentnstruction Co E10 Related Terms

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


Hung Ching Developmentnstruction Co (TPE:2527) Business Description

Traded in Other Exchanges
N/A
Address
Keelung Road, 10th Floor, No.420, Section 1, Taipei, TWN
Hung Ching Development & Construction Co Ltd is a Taiwan-based real estate company. It is engaged in the construction of national residential and commercial buildings for rent and sale. It is also engaged in the trading of various building materials. Reporting segments of the Group are divided into Real estate development, Construction, and Lease; Real estate is the key revenue driver for the company. Real estate development conducting sales of residential and commercial property and plant. Construction provides the building of residential and commercial property and plants. The leasing segment includes the lease of investment property.

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