GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Zhongheng Huafa Co Ltd (SZSE:000020) » Definitions » E10

Shenzhen Zhongheng Huafa Co (SZSE:000020) E10 : ¥0.02 (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Shenzhen Zhongheng Huafa 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.

Shenzhen Zhongheng Huafa Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.019. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.02 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 26.00% per year. During the past 5 years, the average E10 Growth Rate was 10.40% 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 Shenzhen Zhongheng Huafa Co was 30.70% per year. The lowest was -30.70% per year. And the median was 20.60% per year.

As of today (2024-06-01), Shenzhen Zhongheng Huafa Co's current stock price is ¥11.43. Shenzhen Zhongheng Huafa Co's E10 for the quarter that ended in Mar. 2024 was ¥0.02. Shenzhen Zhongheng Huafa Co's Shiller PE Ratio of today is 571.50.

During the past 13 years, the highest Shiller PE Ratio of Shenzhen Zhongheng Huafa Co was 2992.00. The lowest was 401.50. And the median was 912.50.


Shenzhen Zhongheng Huafa Co E10 Historical Data

The historical data trend for Shenzhen Zhongheng Huafa 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.

Shenzhen Zhongheng Huafa Co E10 Chart

Shenzhen Zhongheng Huafa 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 0.01 0.01 0.01 0.01 0.02

Shenzhen Zhongheng Huafa 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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Shenzhen Zhongheng Huafa Co's E10

For the Electronic Components subindustry, Shenzhen Zhongheng Huafa 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.


Shenzhen Zhongheng Huafa Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Zhongheng Huafa Co's Shiller PE Ratio distribution charts can be found below:

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



Shenzhen Zhongheng Huafa 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, Shenzhen Zhongheng Huafa 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)
=0.019/115.2271*115.2271
=0.019

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Zhongheng Huafa Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.003 98.200 0.004
201409 -0.002 98.900 -0.002
201412 0.024 99.000 0.028
201503 0.002 99.900 0.002
201506 0.048 99.500 0.056
201509 0.021 100.500 0.024
201512 -0.085 100.600 -0.097
201603 0.002 102.200 0.002
201606 0.024 101.400 0.027
201609 -0.010 102.400 -0.011
201612 0.003 102.600 0.003
201703 0.002 103.200 0.002
201706 0.006 103.100 0.007
201709 -0.006 104.100 -0.007
201712 0.002 104.500 0.002
201803 0.001 105.300 0.001
201806 0.009 104.900 0.010
201809 -0.009 106.600 -0.010
201812 0.010 106.500 0.011
201903 0.001 107.700 0.001
201906 0.008 107.700 0.009
201909 0.003 109.800 0.003
201912 0.007 111.200 0.007
202003 -0.001 112.300 -0.001
202006 0.013 110.400 0.014
202009 0.006 111.700 0.006
202012 0.007 111.500 0.007
202103 0.020 112.662 0.020
202106 0.005 111.769 0.005
202109 0.004 112.215 0.004
202112 -0.003 113.108 -0.003
202203 0.021 114.335 0.021
202206 0.010 114.558 0.010
202209 -0.001 115.339 -0.001
202212 0.006 115.116 0.006
202303 0.023 115.116 0.023
202306 0.005 114.558 0.005
202309 0.016 115.339 0.016
202312 0.003 114.781 0.003
202403 0.019 115.227 0.019

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


Shenzhen Zhongheng Huafa Co  (SZSE:000020) 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.

Shenzhen Zhongheng Huafa Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.43/0.02
=571.50

* 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 Shenzhen Zhongheng Huafa Co was 2992.00. The lowest was 401.50. And the median was 912.50.


Be Aware

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


Shenzhen Zhongheng Huafa Co E10 Related Terms

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


Shenzhen Zhongheng Huafa Co (SZSE:000020) Business Description

Traded in Other Exchanges
Address
6th Floor, East Block, 411 Building, Huafa (N) Road, Futian District, Guangdong Province, Shenzhen, CHN, 518031
Shenzhen Zhongheng Huafa Co Ltd operates in two business industrial and property management. The industrial business mainly includes injection molding, polylon (light-weight packaging materials), and complete machine production and sales of liquid crystal display, and property management business is mainly the lease of its own property. The company engages in producing and sales of vary color TV set, liquid crystal display, LCD, radio-recorder, sound equipment, electronic watch, electronic game and computers, the printed wiring board, precision injection parts, light packaging material and hardware (including tool and mould) for various electronic products and supporting parts, plating and surface treatment and tin wire, development and operation of real estate and property management.
Executives
Huang Yan Bo Supervisors
Tang Gan Yu Executives

Shenzhen Zhongheng Huafa Co (SZSE:000020) Headlines

No Headlines