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Shinwon (XKRX:009270) E10 : ₩12.96 (As of Mar. 2024)


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What is Shinwon 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.

Shinwon's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩43.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩12.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shinwon's average E10 Growth Rate was 41.20% 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 Shinwon was 43.00% per year. The lowest was 43.00% per year. And the median was 43.00% per year.

As of today (2024-06-23), Shinwon's current stock price is ₩1285.00. Shinwon's E10 for the quarter that ended in Mar. 2024 was ₩12.96. Shinwon's Shiller PE Ratio of today is 99.15.

During the past 13 years, the highest Shiller PE Ratio of Shinwon was 363.15. The lowest was 9.77. And the median was 68.37.


Shinwon E10 Historical Data

The historical data trend for Shinwon'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.

Shinwon E10 Chart

Shinwon 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 -32.18 -54.61 -39.43 -5.97 15.24

Shinwon 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 9.18 14.76 29.51 15.24 12.96

Competitive Comparison of Shinwon's E10

For the Apparel Manufacturing subindustry, Shinwon'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.


Shinwon's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinwon's Shiller PE Ratio distribution charts can be found below:

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



Shinwon 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, Shinwon'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)
=43/118.8477*118.8477
=43.000

Current CPI (Mar. 2024) = 118.8477.

Shinwon Quarterly Data

per share eps CPI Adj_EPS
201406 -44.000 99.353 -52.634
201409 -5.000 99.608 -5.966
201412 55.000 99.098 65.961
201503 -36.000 99.720 -42.905
201506 7.000 100.050 8.315
201509 72.000 100.110 85.476
201512 75.000 100.220 88.940
201603 -206.000 100.560 -243.463
201606 14.000 100.790 16.508
201609 47.000 101.460 55.055
201612 53.000 101.560 62.022
201703 -45.000 102.850 -51.999
201706 -97.000 102.610 -112.350
201709 39.000 103.490 44.788
201712 -68.000 102.990 -78.470
201803 -48.000 104.100 -54.800
201806 -71.000 104.130 -81.035
201809 -79.000 105.650 -88.869
201812 85.000 104.350 96.809
201903 7.000 104.490 7.962
201906 5.000 104.880 5.666
201909 21.000 105.200 23.724
201912 -13.000 105.120 -14.698
202003 -2.000 105.540 -2.252
202006 -65.000 104.870 -73.664
202009 31.000 106.200 34.692
202012 -68.000 105.765 -76.411
202103 69.000 107.357 76.385
202106 13.000 107.579 14.362
202109 35.000 108.759 38.247
202112 48.000 109.676 52.014
202203 102.000 111.806 108.424
202206 86.000 114.083 89.592
202209 97.000 114.831 100.393
202212 -66.000 115.200 -68.090
202303 69.000 116.550 70.361
202306 -13.000 117.140 -13.190
202309 47.000 119.111 46.896
202312 -45.207 118.848 -45.207
202403 43.000 118.848 43.000

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


Shinwon  (XKRX:009270) 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.

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

Shiller PE Ratio=Share Price/E10
=1285.00/12.96
=99.15

* 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 Shinwon was 363.15. The lowest was 9.77. And the median was 68.37.


Be Aware

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


Shinwon E10 Related Terms

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


Shinwon (XKRX:009270) Business Description

Traded in Other Exchanges
N/A
Address
Shinwon Building, 532, Dohwa-dong, Mapo-gu, Seoul, KOR, 121-040
Shinwon Corp engages in the manufacture and sale of garments and handbags. The company designs and markets branded and original equipment apparel and fashion accessories. Its products include men's wear, sportswear, women's wear, casual wear, and accessories. The company also exports knitted items, handbags, and sweaters. It sells its apparels under the brand names BESTI BELLI, SI, VIKI, ISABEY, SIEG, SIEG FAHRENHEIT, VANHART DI ALBAZAR, and BRIONI.

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