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China CSSC Holdings (SHSE:600150) E10 : ¥-0.19 (As of Mar. 2024)


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What is China CSSC 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.

China CSSC Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥-0.19 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -39.50% 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 China CSSC Holdings was 12.40% per year. The lowest was -46.80% per year. And the median was -3.20% per year.

As of today (2024-06-10), China CSSC Holdings's current stock price is ¥38.48. China CSSC Holdings's E10 for the quarter that ended in Mar. 2024 was ¥-0.19. China CSSC Holdings's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of China CSSC Holdings was 463.80. The lowest was 11.45. And the median was 25.77.


China CSSC Holdings E10 Historical Data

The historical data trend for China CSSC 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.

China CSSC Holdings E10 Chart

China CSSC 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 0.17 -0.07 -0.26 -0.26 -0.19

China CSSC 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 -0.26 -0.25 -0.20 -0.19 -0.19

Competitive Comparison of China CSSC Holdings's E10

For the Aerospace & Defense subindustry, China CSSC 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.


China CSSC Holdings's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China CSSC Holdings's Shiller PE Ratio distribution charts can be found below:

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



China CSSC 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, China CSSC 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)
=0.09/115.2271*115.2271
=0.090

Current CPI (Mar. 2024) = 115.2271.

China CSSC Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 0.067 98.200 0.079
201409 0.014 98.900 0.016
201412 -0.071 99.000 -0.083
201503 0.090 99.900 0.104
201506 0.035 99.500 0.041
201509 -0.001 100.500 -0.001
201512 -0.084 100.600 -0.096
201603 0.084 102.200 0.095
201606 -0.072 101.400 -0.082
201609 -0.329 102.400 -0.370
201612 -1.573 102.600 -1.767
201703 -0.052 103.200 -0.058
201706 0.038 103.100 0.042
201709 -0.197 104.100 -0.218
201712 -1.459 104.500 -1.609
201803 0.052 105.300 0.057
201806 0.099 104.900 0.109
201809 0.074 106.600 0.080
201812 0.125 106.500 0.135
201903 0.506 107.700 0.541
201906 -0.004 107.700 -0.004
201909 -0.076 109.800 -0.080
201912 0.284 111.200 0.294
202003 -0.002 112.300 -0.002
202006 0.035 110.400 0.037
202009 0.007 111.700 0.007
202012 0.027 111.500 0.028
202103 0.021 112.662 0.021
202106 0.037 111.769 0.038
202109 0.034 112.215 0.035
202112 -0.042 113.108 -0.043
202203 0.012 114.335 0.012
202206 0.032 114.558 0.032
202209 0.284 115.339 0.284
202212 -0.288 115.116 -0.288
202303 0.010 115.116 0.010
202306 0.114 114.558 0.115
202309 0.449 115.339 0.449
202312 0.087 114.781 0.087
202403 0.090 115.227 0.090

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


China CSSC Holdings  (SHSE:600150) 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.

During the past 13 years, the highest Shiller P/E Ratio of China CSSC Holdings was 463.80. The lowest was 11.45. And the median was 25.77.


Be Aware

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


China CSSC Holdings E10 Related Terms

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


China CSSC Holdings (SHSE:600150) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Pudong Avenue, Pudong New Area, 15A, China Shipbuilding Building, Shanghai, CHN, 200120
China CSSC Holdings Ltd is a China-based company engaged in the business activities of shipbuilding and ship repair. Its main products are a Capesize bulk carrier, Floating production storage and offloading, Aframax tanker and others. In addition, the company is also involved in the business activities of the core package, ocean engineering and other.

China CSSC Holdings (SHSE:600150) Headlines

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