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Western Mining Co (SHSE:601168) E10 : ¥0.45 (As of Mar. 2024)


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What is Western Mining 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.

Western Mining Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Western Mining Co's average E10 Growth Rate was 28.60% per year. During the past 3 years, the average E10 Growth Rate was 61.30% per year. During the past 5 years, the average E10 Growth Rate was 36.80% 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 Western Mining Co was 61.30% per year. The lowest was -52.10% per year. And the median was -21.90% per year.

As of today (2024-06-06), Western Mining Co's current stock price is ¥18.47. Western Mining Co's E10 for the quarter that ended in Mar. 2024 was ¥0.45. Western Mining Co's Shiller PE Ratio of today is 41.04.

During the past 13 years, the highest Shiller PE Ratio of Western Mining Co was 182.00. The lowest was 4.61. And the median was 35.42.


Western Mining Co E10 Historical Data

The historical data trend for Western Mining 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.

Western Mining Co E10 Chart

Western Mining 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 0.11 0.10 0.18 0.32 0.42

Western Mining 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 0.35 0.38 0.40 0.42 0.45

Competitive Comparison of Western Mining Co's E10

For the Other Industrial Metals & Mining subindustry, Western Mining 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.


Western Mining Co's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Mining Co's Shiller PE Ratio distribution charts can be found below:

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



Western Mining 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, Western Mining 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)
=0.31/115.2271*115.2271
=0.310

Current CPI (Mar. 2024) = 115.2271.

Western Mining Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.020 98.200 0.023
201409 0.060 98.900 0.070
201412 0.010 99.000 0.012
201503 -0.020 99.900 -0.023
201506 0.040 99.500 0.046
201509 -0.010 100.500 -0.011
201512 0.007 100.600 0.008
201603 -0.040 102.200 -0.045
201606 0.054 101.400 0.061
201609 0.040 102.400 0.045
201612 -0.010 102.600 -0.011
201703 0.020 103.200 0.022
201706 0.090 103.100 0.101
201709 0.020 104.100 0.022
201712 0.070 104.500 0.077
201803 0.140 105.300 0.153
201806 0.100 104.900 0.110
201809 0.040 106.600 0.043
201812 -1.150 106.500 -1.244
201903 0.100 107.700 0.107
201906 0.150 107.700 0.160
201909 0.090 109.800 0.094
201912 0.080 111.200 0.083
202003 0.020 112.300 0.021
202006 0.120 110.400 0.125
202009 0.200 111.700 0.206
202012 0.030 111.500 0.031
202103 0.200 112.662 0.205
202106 0.390 111.769 0.402
202109 0.360 112.215 0.370
202112 0.280 113.108 0.285
202203 0.320 114.335 0.322
202206 0.350 114.558 0.352
202209 0.330 115.339 0.330
202212 0.430 115.116 0.430
202303 0.290 115.116 0.290
202306 0.340 114.558 0.342
202309 0.290 115.339 0.290
202312 0.250 114.781 0.251
202403 0.310 115.227 0.310

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


Western Mining Co  (SHSE:601168) 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.

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

Shiller PE Ratio=Share Price/E10
=18.47/0.45
=41.04

* 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 Western Mining Co was 182.00. The lowest was 4.61. And the median was 35.42.


Be Aware

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


Western Mining Co E10 Related Terms

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


Western Mining Co (SHSE:601168) Business Description

Traded in Other Exchanges
N/A
Address
No.52, No.54 Avenue, Qinghai Province, Xining, CHN, 810001
Western Mining Co Ltd is a mining company mainly engaged in the comprehensive development of mineral resources in the western region of China. The company's business operations include mining, smelting, and trading of basic non-ferrous metals and ferrous metals such as copper, lead, zinc, and iron. It is divided into four major trading sectors: mining, smelting, trade, and finance.

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