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Keck Seng Investments (Hong Kong) (HKSE:00184) E10 : HK$0.20 (As of Dec. 2023)


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What is Keck Seng Investments (Hong Kong) 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.

Keck Seng Investments (Hong Kong)'s adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$0.646. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Keck Seng Investments (Hong Kong)'s average E10 Growth Rate was -20.00% per year. During the past 3 years, the average E10 Growth Rate was -24.20% per year. During the past 5 years, the average E10 Growth Rate was -25.90% per year. During the past 10 years, the average E10 Growth Rate was -32.90% 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 Keck Seng Investments (Hong Kong) was 5.50% per year. The lowest was -55.00% per year. And the median was -24.20% per year.

As of today (2024-05-26), Keck Seng Investments (Hong Kong)'s current stock price is HK$ 2.50. Keck Seng Investments (Hong Kong)'s E10 for the fiscal year that ended in Dec. 2023 was HK$0.20. Keck Seng Investments (Hong Kong)'s Shiller PE Ratio of today is 12.50.

During the past 13 years, the highest Shiller PE Ratio of Keck Seng Investments (Hong Kong) was 12.90. The lowest was 0.50. And the median was 6.40.


Keck Seng Investments (Hong Kong) E10 Historical Data

The historical data trend for Keck Seng Investments (Hong Kong)'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.

Keck Seng Investments (Hong Kong) E10 Chart

Keck Seng Investments (Hong Kong) 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 0.73 0.46 0.35 0.25 0.20

Keck Seng Investments (Hong Kong) 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 0.35 - 0.25 - 0.20

Competitive Comparison of Keck Seng Investments (Hong Kong)'s E10

For the Lodging subindustry, Keck Seng Investments (Hong Kong)'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.


Keck Seng Investments (Hong Kong)'s Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Keck Seng Investments (Hong Kong)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Keck Seng Investments (Hong Kong)'s Shiller PE Ratio falls into.



Keck Seng Investments (Hong Kong) 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, Keck Seng Investments (Hong Kong)'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)
=0.646/117.2957*117.2957
=0.646

Current CPI (Dec. 2023) = 117.2957.

Keck Seng Investments (Hong Kong) Annual Data

per_share_eps CPI Adj_EPS
201412 0.788 99.707 0.927
201512 0.673 102.015 0.774
201612 0.662 103.225 0.752
201712 0.385 104.984 0.430
201812 0.578 107.622 0.630
201912 0.016 110.700 0.017
202012 -1.654 109.711 -1.768
202112 -0.572 112.349 -0.597
202212 0.224 114.548 0.229
202312 0.646 117.296 0.646

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


Keck Seng Investments (Hong Kong)  (HKSE:00184) 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.

Keck Seng Investments (Hong Kong)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.50/0.2
=12.50

* 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 Keck Seng Investments (Hong Kong) was 12.90. The lowest was 0.50. And the median was 6.40.


Be Aware

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


Keck Seng Investments (Hong Kong) E10 Related Terms

Thank you for viewing the detailed overview of Keck Seng Investments (Hong Kong)'s E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Keck Seng Investments (Hong Kong) (HKSE:00184) Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, Room 2902 West Tower, Shun Tak Centre, Central, Hong Kong, HKG
Keck Seng Investments (Hong Kong) Ltd is an investment holding company engaged in hotel and club operations, property investment and development and the provision of management services. It has three operating segments: Hotel segment; Property segment and Investment and corporate segment. Majority of the revenue is derived from Hotel segment that is engaged in the businesses of hotel room accommodation, provision of food and beverage at hotel restaurant outlets and operation of slot machines at one of the Group's hotels.
Executives
Ho Kian Guan 2201 Interest of corporation controlled by you
Ho Kian Hock 2201 Interest of corporation controlled by you
Kansas Holdings Limited 2101 Beneficial owner
Ks Ocean Inc. 2201 Interest of corporation controlled by you

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