GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Natural Resources Inc (NAS:CHNR) » Definitions » E10

China Natural Resources (China Natural Resources) E10 : $-0.73 (As of Dec. 2023)


View and export this data going back to 1976. Start your Free Trial

What is China Natural Resources 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 Natural Resources's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was $-0.235. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.73 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 33.00% 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 Natural Resources was 33.00% per year. The lowest was -77.80% per year. And the median was -21.00% per year.

As of today (2024-05-15), China Natural Resources's current stock price is $ 0.945. China Natural Resources's E10 for the fiscal year that ended in Dec. 2023 was $-0.73. China Natural Resources's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of China Natural Resources was 985.00. The lowest was 2.02. And the median was 5.69.


China Natural Resources E10 Historical Data

The historical data trend for China Natural Resources'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 Natural Resources E10 Chart

China Natural Resources 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 -2.43 -2.30 -2.02 -0.73

China Natural Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -2.30 - -2.02 - -0.73

Competitive Comparison of China Natural Resources's E10

For the Pollution & Treatment Controls subindustry, China Natural Resources'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 Natural Resources's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Natural Resources's Shiller PE Ratio distribution charts can be found below:

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



China Natural Resources 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 Natural Resources's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.235/117.2957*117.2957
=-0.235

Current CPI (Dec. 2023) = 117.2957.

China Natural Resources Annual Data

per_share_eps CPI Adj_EPS
201412 -1.398 99.707 -1.645
201512 -1.287 102.015 -1.480
201612 -0.665 103.225 -0.756
201712 -0.910 104.984 -1.017
201812 -0.182 107.622 -0.198
201912 -1.098 110.700 -1.163
202012 0.595 109.711 0.636
202112 -0.928 112.349 -0.969
202212 -0.430 114.548 -0.440
202312 -0.235 117.296 -0.235

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


China Natural Resources  (NAS:CHNR) 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 Natural Resources was 985.00. The lowest was 2.02. And the median was 5.69.


Be Aware

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


China Natural Resources E10 Related Terms

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


China Natural Resources (China Natural Resources) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Room 2205, 22nd Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
China Natural Resources Inc is an investment holding company. It principally engaged in the exploration and mining and wastewater treatment businesses in the People's Republic of China. The company has two operating segments: (i) Wastewater treatment segment, which consists of sales of assembled equipment, provision of construction service, and participation in PPP projects as an operator (ii) Exploration and mining segment, which consists of the exploration of lead, silver, and other metals in the Inner Mongolia Autonomous Region of the PRC and the trading of copper ores products. It earns the majority of its revenue from the Wastewater treatment segment.
Executives
Anka Capital Ltd 10 percent owner ROOM 2204 22F WEST TOWER SHUN TAK CENTRE, 200 CONNAUGHT ROAD CENTRAL, SHEUNG WAN K3 -
Cheuk Ho Tam director, officer: CFO ROOM 2204 22F WEST TOWER SHUN TAK CENTER, 200 CONNAUGHT ROAD CENTRAL, SHEUNG WAN K3 -
Wah On Wong director, officer: Secretary/Controller ROOM 2204 22F WEST TOWER SHUN TAK CENTER, 200 CONNAUGHT ROAD CENTRAL, SHEUNG WAN K3 -
Kwan Sing Lam director
Sing Kin Ng director ROOM 2105 WEST TOWER, SHUN TAK CENTER, 200 CONNAUGHT ROAD C, HONG KONG K3 00000
Kin Cheung Lo director
Winsland Capital Ltd 10 percent owner
Lung Po Ching director, officer: CEO ROOM 2015 WEST TOWER SHUN TAK CENTRE, 168 CONNAUGHT ROAD CENTRAL, CENTRAL HONG KONG