GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Beijing Jingneng Clean Energy Co Ltd (HKSE:00579) » Definitions » E10

Beijing Jingneng Clean Energy Co (HKSE:00579) E10 : HK$0.35 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Beijing Jingneng Clean Energy 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.

Beijing Jingneng Clean Energy Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$0.406. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.35 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Beijing Jingneng Clean Energy Co's average E10 Growth Rate was 6.10% per year. During the past 3 years, the average E10 Growth Rate was 5.30% 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 Beijing Jingneng Clean Energy Co was 5.60% per year. The lowest was 5.30% per year. And the median was 5.45% per year.

As of today (2024-06-04), Beijing Jingneng Clean Energy Co's current stock price is HK$ 2.09. Beijing Jingneng Clean Energy Co's E10 for the fiscal year that ended in Dec. 2023 was HK$0.35. Beijing Jingneng Clean Energy Co's Shiller PE Ratio of today is 5.97.

During the past 13 years, the highest Shiller PE Ratio of Beijing Jingneng Clean Energy Co was 6.45. The lowest was 4.26. And the median was 5.67.


Beijing Jingneng Clean Energy Co E10 Historical Data

The historical data trend for Beijing Jingneng Clean Energy 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.

Beijing Jingneng Clean Energy Co E10 Chart

Beijing Jingneng Clean Energy 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 0.28 0.30 0.31 0.33 0.35

Beijing Jingneng Clean Energy Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 0.33 - - 0.35 -

Competitive Comparison of Beijing Jingneng Clean Energy Co's E10

For the Utilities - Regulated Electric subindustry, Beijing Jingneng Clean Energy 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.


Beijing Jingneng Clean Energy Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Jingneng Clean Energy Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Jingneng Clean Energy Co's Shiller PE Ratio falls into.



Beijing Jingneng Clean Energy 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, Beijing Jingneng Clean Energy Co'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)
=0.406/114.7809*114.7809
=0.406

Current CPI (Dec. 2023) = 114.7809.

Beijing Jingneng Clean Energy Co Annual Data

per_share_eps CPI Adj_EPS
201412 0.230 99.000 0.267
201512 0.334 100.600 0.381
201612 0.319 102.600 0.357
201712 0.306 104.500 0.336
201812 0.302 106.500 0.325
201912 0.282 111.200 0.291
202012 0.331 111.500 0.341
202112 0.376 113.108 0.382
202212 0.385 115.116 0.384
202312 0.406 114.781 0.406

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


Beijing Jingneng Clean Energy Co  (HKSE:00579) 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.

Beijing Jingneng Clean Energy Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.09/0.35
=5.97

* 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 Beijing Jingneng Clean Energy Co was 6.45. The lowest was 4.26. And the median was 5.67.


Be Aware

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


Beijing Jingneng Clean Energy Co E10 Related Terms

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


Beijing Jingneng Clean Energy Co (HKSE:00579) Business Description

Traded in Other Exchanges
Address
No. 6 Xibahe Road, 7/8/9 Floor, Chaoyang District, Beijing, CHN, 100028
Beijing Jingneng Clean Energy Co Ltd H is a subsidiary of the Beijing Energy Holding Company, a state-owned investment enterprise operating in China. The company produces electricity and heat energy from its gas-fired, wind, hydro, and solar power plants. Gas- and wind-powered facilities are responsible for most of this output. Beijing Jingneng Clean Energy generates nearly all of its revenue from the sale of electricity and heat energy resulting from its gas-fired power generation sites. The company is the largest gas-fired power supplier in Beijing and one of the largest wind power operators in China.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Zhong Guo Zai Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Beijing Energy Holding Co., Ltd 2201 Interest of corporation controlled by you
Beijing Energy Investment Holding (hong Kong) Co., Ltd. 2101 Beneficial owner

Beijing Jingneng Clean Energy Co (HKSE:00579) Headlines

No Headlines