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Poly Developments and Holdings Group Co (SHSE:600048) E10 : ¥1.70 (As of Mar. 2024)


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What is Poly Developments and Holdings 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.

Poly Developments and Holdings Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Poly Developments and Holdings Group Co's average E10 Growth Rate was -1.70% per year. During the past 3 years, the average E10 Growth Rate was 5.20% per year. During the past 5 years, the average E10 Growth Rate was 10.70% 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 Poly Developments and Holdings Group Co was 18.90% per year. The lowest was 5.20% per year. And the median was 16.70% per year.

As of today (2024-06-06), Poly Developments and Holdings Group Co's current stock price is ¥10.29. Poly Developments and Holdings Group Co's E10 for the quarter that ended in Mar. 2024 was ¥1.70. Poly Developments and Holdings Group Co's Shiller PE Ratio of today is 6.05.

During the past 13 years, the highest Shiller PE Ratio of Poly Developments and Holdings Group Co was 26.73. The lowest was 4.65. And the median was 12.38.


Poly Developments and Holdings Group Co E10 Historical Data

The historical data trend for Poly Developments and Holdings 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.

Poly Developments and Holdings Group Co E10 Chart

Poly Developments and Holdings 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 1.26 1.45 1.62 1.71 1.69

Poly Developments and Holdings 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 1.73 1.77 1.77 1.69 1.70

Competitive Comparison of Poly Developments and Holdings Group Co's E10

For the Real Estate - Development subindustry, Poly Developments and Holdings 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.


Poly Developments and Holdings Group Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Poly Developments and Holdings Group Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Poly Developments and Holdings Group Co's Shiller PE Ratio falls into.



Poly Developments and Holdings 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, Poly Developments and Holdings 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)
=0.19/115.2271*115.2271
=0.190

Current CPI (Mar. 2024) = 115.2271.

Poly Developments and Holdings Group Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.280 98.200 0.329
201409 0.210 98.900 0.245
201412 0.570 99.000 0.663
201503 0.120 99.900 0.138
201506 0.340 99.500 0.394
201509 0.140 100.500 0.161
201512 0.550 100.600 0.630
201603 0.130 102.200 0.147
201606 0.330 101.400 0.375
201609 0.180 102.400 0.203
201612 0.460 102.600 0.517
201703 0.160 103.200 0.179
201706 0.320 103.100 0.358
201709 0.220 104.100 0.244
201712 0.620 104.500 0.684
201803 0.160 105.300 0.175
201806 0.390 104.900 0.428
201809 0.259 106.600 0.280
201812 0.780 106.500 0.844
201903 0.200 107.700 0.214
201906 0.640 107.700 0.685
201909 0.240 109.800 0.252
201912 1.270 111.200 1.316
202003 0.200 112.300 0.205
202006 0.650 110.400 0.678
202009 0.260 111.700 0.268
202012 1.310 111.500 1.354
202103 0.210 112.662 0.215
202106 0.650 111.769 0.670
202109 0.270 112.215 0.277
202112 1.160 113.108 1.182
202203 0.210 114.335 0.212
202206 0.700 114.558 0.704
202209 0.190 115.339 0.190
202212 0.430 115.116 0.430
202303 0.230 115.116 0.230
202306 0.790 114.558 0.795
202309 0.090 115.339 0.090
202312 -0.100 114.781 -0.100
202403 0.190 115.227 0.190

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


Poly Developments and Holdings Group Co  (SHSE:600048) 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.

Poly Developments and Holdings Group Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.29/1.7
=6.05

* 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 Poly Developments and Holdings Group Co was 26.73. The lowest was 4.65. And the median was 12.38.


Be Aware

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


Poly Developments and Holdings Group Co E10 Related Terms

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


Poly Developments and Holdings Group Co (SHSE:600048) Business Description

Traded in Other Exchanges
N/A
Address
No. 688 Yuejiang Middle Road, Poly International Square North Tower, 30-33 Layer, Haizhu District, Guangdong Province, Guangzhou, CHN, 510308
Poly Developments and Holdings is a large real estate developer in China. It is ranked number five by sales value among all Chinese developers in 2019. It has over 600 projects across 100 cities. Property development accounts for 95% of earnings, with property investments and finance income contributing the rest. The company is a subsidiary of China Poly Group, a prominent central-government-controlled state-owned enterprise with ties to the military. China Poly Group holds an aggregate controlling stake of 41% in the company.
Executives
Zhou Dong Li Directors, senior managers
Huang Hai senior management
Zhang Yan Hua senior management
Liu Wen Sheng senior management
Kong Jun Feng Supervisors
Pan Zhi Hua senior management
Liu Ying Chuan senior management
Zhang Wei senior management
Liu Ping Director
Wang Quan Liang senior management
Hu Zai Xin senior management
Zhang Wan Shun Director
Chen Dong Ju senior management
Wang Jian senior management
Song Guang Ju Director

Poly Developments and Holdings Group Co (SHSE:600048) Headlines

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