GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » JD.com Inc (XBUL:013A) » Definitions » E10

JD.com (XBUL:013A) E10 : лв0.86 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is JD.com 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.

JD.com's adjusted earnings per share data for the three months ended in Dec. 2024 was лв1.585. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is лв0.86 for the trailing ten years ended in Dec. 2024.

During the past 12 months, JD.com's average E10 Growth Rate was 154.50% 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.

As of today (2025-04-06), JD.com's current stock price is лв33.20. JD.com's E10 for the quarter that ended in Dec. 2024 was лв0.86. JD.com's Shiller PE Ratio of today is 38.60.

During the past 13 years, the highest Shiller PE Ratio of JD.com was 2198.33. The lowest was 39.31. And the median was 90.53.


JD.com E10 Historical Data

The historical data trend for JD.com'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.

JD.com E10 Chart

JD.com Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.86

JD.com Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - 0.63 0.54 0.86

Competitive Comparison of JD.com's E10

For the Internet Retail subindustry, JD.com'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.


JD.com's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where JD.com's Shiller PE Ratio falls into.


;
;

JD.com 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, JD.com's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.585/114.8925*114.8925
=1.585

Current CPI (Dec. 2024) = 114.8925.

JD.com Quarterly Data

per share eps CPI Adj_EPS
201503 -0.074 99.900 -0.085
201506 -0.055 99.500 -0.064
201509 -0.053 100.500 -0.061
201512 -0.773 100.600 -0.883
201603 -0.091 102.200 -0.102
201606 -0.024 101.400 -0.027
201609 -0.086 102.400 -0.096
201612 -0.157 102.600 -0.176
201703 0.021 103.200 0.023
201706 -0.045 103.100 -0.050
201709 0.095 104.100 0.105
201712 -0.087 104.500 -0.096
201803 0.147 105.300 0.160
201806 -0.213 104.900 -0.233
201809 0.266 106.600 0.287
201812 -0.431 106.500 -0.465
201903 0.660 107.700 0.704
201906 0.047 107.700 0.050
201909 0.053 109.800 0.055
201912 0.311 111.200 0.321
202003 0.092 112.300 0.094
202006 1.319 110.400 1.373
202009 0.616 111.700 0.634
202012 2.073 111.500 2.136
202103 0.620 112.662 0.632
202106 0.139 111.769 0.143
202109 -0.498 112.215 -0.510
202112 -0.931 113.108 -0.946
202203 -0.541 114.335 -0.544
202206 0.731 114.558 0.733
202209 0.906 115.339 0.902
202212 0.487 115.116 0.486
202303 1.016 115.116 1.014
202306 1.038 114.558 1.041
202309 1.224 115.339 1.219
202312 0.535 114.781 0.536
202403 1.126 115.227 1.123
202406 2.014 114.781 2.016
202409 1.949 115.785 1.934
202412 1.585 114.893 1.585

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


JD.com  (XBUL:013A) 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.

JD.com's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=33.20/0.86
=38.60

* 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 JD.com was 2198.33. The lowest was 39.31. And the median was 90.53.


Be Aware

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


JD.com E10 Related Terms

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


JD.com Business Description

Address
No. 18 Kechuang 11 Street, 20th Floor, Building A, Yizhuang Economic & Technological Development Zone, Daxing District, Beijing, CHN, 101111
JD.com is the third-largest Chinese e-commerce platform by GMV in 2024. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.

JD.com Headlines

No Headlines