GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sino Horizon Holdings Ltd (TPE:2923) » Definitions » E10

Sino Horizon Holdings (TPE:2923) E10 : NT$1.61 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Sino Horizon Holdings 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.

Sino Horizon Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$1.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sino Horizon Holdings's average E10 Growth Rate was -8.00% 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.

As of today (2024-06-10), Sino Horizon Holdings's current stock price is NT$29.60. Sino Horizon Holdings's E10 for the quarter that ended in Mar. 2024 was NT$1.61. Sino Horizon Holdings's Shiller PE Ratio of today is 18.39.

During the past 13 years, the highest Shiller PE Ratio of Sino Horizon Holdings was 19.63. The lowest was 11.29. And the median was 13.86.


Sino Horizon Holdings E10 Historical Data

The historical data trend for Sino Horizon Holdings'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.

Sino Horizon Holdings E10 Chart

Sino Horizon Holdings 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 - - 1.68 1.71 1.56

Sino Horizon Holdings 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 1.75 1.72 1.71 1.56 1.61

Competitive Comparison of Sino Horizon Holdings's E10

For the Real Estate - Development subindustry, Sino Horizon Holdings'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.


Sino Horizon Holdings's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sino Horizon Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sino Horizon Holdings's Shiller PE Ratio falls into.



Sino Horizon Holdings 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, Sino Horizon Holdings'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)
=0.37/131.7762*131.7762
=0.370

Current CPI (Mar. 2024) = 131.7762.

Sino Horizon Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 0.120 100.560 0.157
201409 0.860 100.428 1.128
201412 0.540 99.070 0.718
201503 0.330 99.621 0.437
201506 0.460 100.684 0.602
201509 0.440 100.392 0.578
201512 0.760 99.792 1.004
201603 0.200 100.470 0.262
201606 0.560 101.688 0.726
201609 0.140 101.861 0.181
201612 0.470 101.863 0.608
201703 0.130 102.862 0.167
201706 -0.120 103.349 -0.153
201709 0.060 104.136 0.076
201712 0.010 104.011 0.013
201803 -0.020 105.290 -0.025
201806 0.280 106.317 0.347
201809 0.080 106.507 0.099
201812 0.600 105.998 0.746
201903 4.730 107.251 5.812
201906 0.250 108.070 0.305
201909 0.200 108.329 0.243
201912 -0.480 108.420 -0.583
202003 -0.240 108.902 -0.290
202006 -0.010 108.767 -0.012
202009 0.650 109.815 0.780
202012 0.280 109.897 0.336
202103 0.440 111.754 0.519
202106 0.320 114.631 0.368
202109 -0.080 115.734 -0.091
202112 -0.020 117.630 -0.022
202203 0.820 121.301 0.891
202206 -0.200 125.017 -0.211
202209 -0.240 125.227 -0.253
202212 -0.040 125.222 -0.042
202303 0.220 127.348 0.228
202306 -0.200 128.729 -0.205
202309 0.040 129.860 0.041
202312 0.260 129.419 0.265
202403 0.370 131.776 0.370

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


Sino Horizon Holdings  (TPE:2923) 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.

Sino Horizon Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=29.60/1.61
=18.39

* 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 Sino Horizon Holdings was 19.63. The lowest was 11.29. And the median was 13.86.


Be Aware

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


Sino Horizon Holdings E10 Related Terms

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


Sino Horizon Holdings (TPE:2923) Business Description

Traded in Other Exchanges
N/A
Address
450, Ruijin 2 Road, Huangpu District, Shanghai, CHN
Sino Horizon Holdings Ltd provides real estate development services. The company manages, sells, and develops real estate businesses in China. Its reportable segments include real-estate sales, commercial leasing, property management, and others. The company derives the maximum revenue from the real-estate sales segment. Geographically, it operates in Mainland China.

Sino Horizon Holdings (TPE:2923) Headlines

No Headlines