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Vipshop Holdings (Vipshop Holdings) E10 : $0.91 (As of Dec. 2023)


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What is Vipshop 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.

Vipshop Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.749. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.91 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Vipshop Holdings's average E10 Growth Rate was 26.40% per year. During the past 3 years, the average E10 Growth Rate was 31.50% 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 Vipshop Holdings was 31.50% per year. The lowest was 31.50% per year. And the median was 31.50% per year.

As of today (2024-04-27), Vipshop Holdings's current stock price is $15.73. Vipshop Holdings's E10 for the quarter that ended in Dec. 2023 was $0.91. Vipshop Holdings's Shiller PE Ratio of today is 17.29.

During the past 13 years, the highest Shiller PE Ratio of Vipshop Holdings was 113.63. The lowest was 10.42. And the median was 19.96.


Vipshop Holdings E10 Historical Data

The historical data trend for Vipshop 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.

Vipshop Holdings E10 Chart

Vipshop 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 - 0.40 0.56 0.72 0.91

Vipshop Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.72 0.76 0.81 0.84 0.91

Competitive Comparison of Vipshop Holdings's E10

For the Internet Retail subindustry, Vipshop 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.


Vipshop Holdings's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vipshop Holdings's Shiller PE Ratio distribution charts can be found below:

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



Vipshop 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, Vipshop Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.749/114.6694*114.6694
=0.749

Current CPI (Dec. 2023) = 114.6694.

Vipshop Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 0.044 98.600 0.051
201406 0.044 98.200 0.051
201409 0.046 98.900 0.053
201412 0.094 99.000 0.109
201503 0.098 99.900 0.112
201506 0.107 99.500 0.123
201509 0.083 100.500 0.095
201512 0.131 100.600 0.149
201603 0.123 102.200 0.138
201606 0.115 101.400 0.130
201609 0.087 102.400 0.097
201612 0.182 102.600 0.203
201703 0.133 103.200 0.148
201706 0.094 103.100 0.105
201709 0.085 104.100 0.094
201712 0.163 104.500 0.179
201803 0.122 105.300 0.133
201806 0.154 104.900 0.168
201809 0.050 106.600 0.054
201812 0.146 106.500 0.157
201903 0.189 107.700 0.201
201906 0.175 107.700 0.186
201909 0.182 109.800 0.190
201912 0.305 111.200 0.315
202003 0.142 112.300 0.145
202006 0.316 110.400 0.328
202009 0.265 111.700 0.272
202012 0.536 111.500 0.551
202103 0.335 112.662 0.341
202106 0.242 111.769 0.248
202109 0.142 112.215 0.145
202112 0.325 113.108 0.329
202203 0.254 114.335 0.255
202206 0.295 114.558 0.295
202209 0.385 115.339 0.383
202212 0.525 115.116 0.523
202303 0.459 115.116 0.457
202306 0.524 114.558 0.525
202309 0.300 115.339 0.298
202312 0.749 114.669 0.749

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


Vipshop Holdings  (NYSE:VIPS) 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.

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

Shiller PE Ratio=Share Price/E10
=15.73/0.91
=17.29

* 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 Vipshop Holdings was 113.63. The lowest was 10.42. And the median was 19.96.


Be Aware

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


Vipshop Holdings E10 Related Terms

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


Vipshop Holdings (Vipshop Holdings) Business Description

Address
128 Dingxin Road, Haizhu District, Guangdong, Guangzhou, CHN, 510220
Vipshop Holdings Ltd is an online discount retailer for brands in China. The company offers branded products to consumers in China through flash sales on its vipshop.com, vip.com and lefeng.com websites. Flash sales represent an online retail format combining the advantages of e-commerce and discount sales through selling a finite quantity of discounted products or services online for a limited period of time. It deals in wide range of products and services for consumers specializing in branded cosmetics, apparel, healthcare products, food and other consumer products. Its operating segment includes Vip.com and Shan Shan Outlets. The company generates maximum revenue from Vip.com segment.