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Shenwan Hongyuan Group Co (HKSE:06806) E10 : HK$0.10 (As of Mar. 2024)


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What is Shenwan Hongyuan Group 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.

Shenwan Hongyuan Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was HK$0.065. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$0.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shenwan Hongyuan Group Co's average E10 Growth Rate was -3.10% per year. During the past 3 years, the average E10 Growth Rate was -11.00% 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 Shenwan Hongyuan Group Co was -11.00% per year. The lowest was -11.00% per year. And the median was -11.00% per year.

As of today (2024-05-31), Shenwan Hongyuan Group Co's current stock price is HK$1.52. Shenwan Hongyuan Group Co's E10 for the quarter that ended in Mar. 2024 was HK$0.10. Shenwan Hongyuan Group Co's Shiller PE Ratio of today is 15.20.

During the past 13 years, the highest Shiller PE Ratio of Shenwan Hongyuan Group Co was 16.51. The lowest was 10.02. And the median was 13.25.


Shenwan Hongyuan Group Co E10 Historical Data

The historical data trend for Shenwan Hongyuan Group 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.

Shenwan Hongyuan Group Co E10 Chart

Shenwan Hongyuan Group 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 - 0.19 0.13 0.11 0.10

Shenwan Hongyuan Group 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 0.11 0.10 0.11 0.10 0.10

Competitive Comparison of Shenwan Hongyuan Group Co's E10

For the Capital Markets subindustry, Shenwan Hongyuan Group 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.


Shenwan Hongyuan Group Co's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Shenwan Hongyuan Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shenwan Hongyuan Group Co's Shiller PE Ratio falls into.



Shenwan Hongyuan Group 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, Shenwan Hongyuan Group 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)
=0.065/115.2271*115.2271
=0.065

Current CPI (Mar. 2024) = 115.2271.

Shenwan Hongyuan Group Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.074 98.200 0.087
201409 0.131 98.900 0.153
201412 0.149 99.000 0.173
201503 0.120 99.900 0.138
201506 0.305 99.500 0.353
201509 0.061 100.500 0.070
201512 0.264 100.600 0.302
201603 0.060 102.200 0.068
201606 0.059 101.400 0.067
201609 0.105 102.400 0.118
201612 0.090 102.600 0.101
201703 0.056 103.200 0.063
201706 0.057 103.100 0.064
201709 0.095 104.100 0.105
201712 0.059 104.500 0.065
201803 0.062 105.300 0.068
201806 0.049 104.900 0.054
201809 0.069 106.600 0.075
201812 0.045 106.500 0.049
201903 0.094 107.700 0.101
201906 0.068 107.700 0.073
201909 0.066 109.800 0.069
201912 0.045 111.200 0.047
202003 0.088 112.300 0.090
202006 0.088 110.400 0.092
202009 0.114 111.700 0.118
202012 0.059 111.500 0.061
202103 0.119 112.662 0.122
202106 0.097 111.769 0.100
202109 0.145 112.215 0.149
202112 0.098 113.108 0.100
202203 0.049 114.335 0.049
202206 0.105 114.558 0.106
202209 0.045 115.339 0.045
202212 -0.067 115.116 -0.067
202303 0.091 115.116 0.091
202306 0.077 114.558 0.077
202309 0.021 115.339 0.021
202312 0.011 114.781 0.011
202403 0.065 115.227 0.065

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


Shenwan Hongyuan Group Co  (HKSE:06806) 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.

Shenwan Hongyuan Group Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.52/0.1
=15.20

* 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 Shenwan Hongyuan Group Co was 16.51. The lowest was 10.02. And the median was 13.25.


Be Aware

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


Shenwan Hongyuan Group Co E10 Related Terms

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


Shenwan Hongyuan Group Co (HKSE:06806) Business Description

Traded in Other Exchanges
Address
No. 19, Taipingqiao Street, No. 358, South Beijing Road, 20th Floor, Dacheng International Building, Urumqi High-tech Zone, Xinjiang, Xicheng District, Beijing, CHN, 100033
Shenwan Hongyuan Group Co Ltd is an investment holding and securities firm. Its business includes banking, insurance, trust, and leasing while consolidating and expanding the advantages of the original securities business and building on the capital market as support. The company's business mainly focuses on four segments, including enterprise finance, personal finance, institutional services and trading, as well as investment management. Majority of the revenue for the firm gets derived from Institutional services and trading segment.
Executives
China Life Franklin Asset Management Co., Limited 2102 Investment manager
Central Huijin Investment Ltd.
Zhong Guo Ren Shou Bao Xian Ji Tuan Gong Si
Zhong Guo Gong Shang Yin Hang Gu Fen You Xian Gong Si
Hua Xia Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner
Guang Da Bao De Xin Ji Jin Guan Li You Xian Gong Si Dai Biao Guang Da Bao De Xin Hua Xia Ren Shou Ha

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