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CNH Co (XKRX:023460) E10 : ₩34.50 (As of Mar. 2024)


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What is CNH 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.

CNH Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩-217.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩34.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CNH Co's average E10 Growth Rate was -77.60% per year. During the past 3 years, the average E10 Growth Rate was -24.70% per year. During the past 5 years, the average E10 Growth Rate was 0.70% 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 CNH Co was 28.40% per year. The lowest was -24.70% per year. And the median was 14.90% per year.

As of today (2024-06-06), CNH Co's current stock price is ₩1705.00. CNH Co's E10 for the quarter that ended in Mar. 2024 was ₩34.50. CNH Co's Shiller PE Ratio of today is 49.42.

During the past 13 years, the highest Shiller PE Ratio of CNH Co was 52.96. The lowest was 10.76. And the median was 17.72.


CNH Co E10 Historical Data

The historical data trend for CNH 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.

CNH Co E10 Chart

CNH 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 91.75 136.51 153.70 139.24 58.20

CNH 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 154.13 146.82 128.94 58.20 34.50

Competitive Comparison of CNH Co's E10

For the Credit Services subindustry, CNH 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.


CNH Co's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, CNH Co's Shiller PE Ratio distribution charts can be found below:

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



CNH 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, CNH 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)
=-217/118.8477*118.8477
=-217.000

Current CPI (Mar. 2024) = 118.8477.

CNH Co Quarterly Data

per share eps CPI Adj_EPS
201406 110.000 99.353 131.584
201409 174.000 99.608 207.609
201412 -377.000 99.098 -452.134
201503 112.000 99.720 133.483
201506 128.000 100.050 152.049
201509 -154.000 100.110 -182.824
201512 -15.000 100.220 -17.788
201603 -188.000 100.560 -222.189
201606 163.000 100.790 192.203
201609 91.000 101.460 106.595
201612 12.000 101.560 14.043
201703 33.000 102.850 38.133
201706 17.000 102.610 19.690
201709 -10.000 103.490 -11.484
201712 41.000 102.990 47.313
201803 -45.000 104.100 -51.375
201806 109.000 104.130 124.406
201809 200.000 105.650 224.984
201812 -245.000 104.350 -279.039
201903 154.000 104.490 175.161
201906 102.000 104.880 115.584
201909 75.000 105.200 84.730
201912 62.000 105.120 70.097
202003 -293.000 105.540 -329.945
202006 211.000 104.870 239.123
202009 460.000 106.200 514.783
202012 452.000 105.765 507.909
202103 226.000 107.357 250.189
202106 911.000 107.579 1,006.429
202109 -924.000 108.759 -1,009.710
202112 -167.000 109.676 -180.965
202203 -782.000 111.806 -831.253
202206 -119.000 114.083 -123.970
202209 975.000 114.831 1,009.102
202212 -517.000 115.200 -533.369
202303 85.000 116.550 86.676
202306 -27.000 117.140 -27.394
202309 -166.000 119.111 -165.633
202312 -470.000 118.848 -470.000
202403 -217.000 118.848 -217.000

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


CNH Co  (XKRX:023460) 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.

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

Shiller PE Ratio=Share Price/E10
=1705.00/34.5
=49.42

* 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 CNH Co was 52.96. The lowest was 10.76. And the median was 17.72.


Be Aware

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


CNH Co E10 Related Terms

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


CNH Co (XKRX:023460) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor Golden Tower, 144-17 Samsung-dong, Gangnam-su, Seoul, Gyeonggi, KOR, 420-816
CNH Co Ltd is a holding company engaged in providing auto leasing services. It offers working capital loans, and new technology business finance and installment finance services; urban housing loan products; and car rental services. The company is also engaged in the real estate development business, including home construction, as well as property management activities; and bakery and franchise business among others.

CNH Co (XKRX:023460) Headlines

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