What is Shandong Homey Aquatic Development 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.
Shandong Homey Aquatic Development Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.005. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.04 for the trailing ten years ended in Mar. 2024.
During the past 12 months, Shandong Homey Aquatic Development Co's average E10 Growth Rate was -20.00% per year.
During the past 3 years, the average E10 Growth Rate was -14.50% per year.
During the past 5 years, the average E10 Growth Rate was -12.90% 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 Shandong Homey Aquatic Development Co was -7.20% per year. The lowest was -17.80% per year. And the median was -9.10% per year.
* 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.
Competitive Comparison of Shandong Homey Aquatic Development Co's E10
For the Farm Products subindustry, Shandong Homey Aquatic Development 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.
Shandong Homey Aquatic Development Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Homey Aquatic Development Co's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Shandong Homey Aquatic Development Co's Shiller PE Ratio falls into.
Shandong Homey Aquatic Development 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.
Shandong Homey Aquatic Development Co Quarterly Data
per share eps
CPI
Adj_EPS
201406
0.008
98.200
0.009
201409
0.000
98.900
0.000
201412
0.000
99.000
0.000
201503
0.006
99.900
0.007
201506
0.018
99.500
0.021
201509
0.000
100.500
0.000
201512
0.000
100.600
0.000
201603
0.006
102.200
0.007
201606
0.020
101.400
0.023
201609
0.001
102.400
0.001
201612
0.003
102.600
0.003
201703
0.007
103.200
0.008
201706
0.023
103.100
0.026
201709
0.000
104.100
0.000
201712
0.010
104.500
0.011
201803
0.007
105.300
0.008
201806
0.015
104.900
0.016
201809
0.013
106.600
0.014
201812
0.005
106.500
0.005
201903
0.006
107.700
0.006
201906
0.019
107.700
0.020
201909
0.012
109.800
0.013
201912
0.024
111.200
0.025
202003
0.007
112.300
0.007
202006
0.018
110.400
0.019
202009
0.012
111.700
0.012
202012
0.006
111.500
0.006
202103
0.007
112.662
0.007
202106
0.019
111.769
0.020
202109
0.013
112.215
0.013
202112
0.005
113.108
0.005
202203
0.006
114.335
0.006
202206
0.017
114.558
0.017
202209
0.012
115.339
0.012
202212
0.006
115.116
0.006
202303
0.005
115.116
0.005
202306
0.015
114.558
0.015
202309
0.005
115.339
0.005
202312
0.009
114.781
0.009
202403
0.005
115.227
0.005
Add all the adjusted EPS together and divide 10 will get our e10.
Shandong Homey Aquatic Development Co (SHSE:600467) 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.
Shandong Homey Aquatic Development Co's Shiller P/E Ratio of today is calculated as
* 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 Shandong Homey Aquatic Development Co was 56.20. The lowest was 20.42. And the median was 31.67.
Be Aware
Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.
Shandong Homey Aquatic Development Co E10 Related Terms
Thank you for viewing the detailed overview of Shandong Homey Aquatic Development Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.
Shandong Homey Aquatic Development Co (SHSE:600467) Business Description
Shandong Homey Aquatic Development Co Ltd is engaged in the aquaculture and food processing businesses in China. Its products include sea cucumber, sea bream, abalone, prawn, kelp, clam, loach and other sea treasures, all of which are medium and high-grade seafood. Its other products include frozen food, aquatic products, health tonic series, beverage series products and salted aquatic products. The company distributes its products within domestic market and to overseas markets.
Shandong Homey Aquatic Development Co (SHSE:600467) Headlines
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