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Changjiang Publishing & Media Co (SHSE:600757) E10 : ¥0.58 (As of Mar. 2024)


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What is Changjiang Publishing & Media 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.

Changjiang Publishing & Media Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Changjiang Publishing & Media Co's average E10 Growth Rate was 5.50% 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 11.50% 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 Changjiang Publishing & Media Co was 101.40% per year. The lowest was 2.50% per year. And the median was 8.20% per year.

As of today (2024-06-07), Changjiang Publishing & Media Co's current stock price is ¥8.40. Changjiang Publishing & Media Co's E10 for the quarter that ended in Mar. 2024 was ¥0.58. Changjiang Publishing & Media Co's Shiller PE Ratio of today is 14.48.

During the past 13 years, the highest Shiller PE Ratio of Changjiang Publishing & Media Co was 122.43. The lowest was 7.78. And the median was 13.34.


Changjiang Publishing & Media Co E10 Historical Data

The historical data trend for Changjiang Publishing & Media 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.

Changjiang Publishing & Media Co E10 Chart

Changjiang Publishing & Media 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 0.46 0.49 0.49 0.53 0.57

Changjiang Publishing & Media 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 0.55 0.55 0.56 0.57 0.58

Competitive Comparison of Changjiang Publishing & Media Co's E10

For the Publishing subindustry, Changjiang Publishing & Media 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.


Changjiang Publishing & Media Co's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Changjiang Publishing & Media Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Changjiang Publishing & Media Co's Shiller PE Ratio falls into.



Changjiang Publishing & Media 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, Changjiang Publishing & Media 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)
=0.22/115.2271*115.2271
=0.220

Current CPI (Mar. 2024) = 115.2271.

Changjiang Publishing & Media Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.090 98.200 0.106
201409 0.040 98.900 0.047
201412 -0.040 99.000 -0.047
201503 0.050 99.900 0.058
201506 0.160 99.500 0.185
201509 0.070 100.500 0.080
201512 -0.010 100.600 -0.011
201603 0.110 102.200 0.124
201606 0.140 101.400 0.159
201609 0.090 102.400 0.101
201612 0.150 102.600 0.168
201703 0.120 103.200 0.134
201706 0.190 103.100 0.212
201709 0.120 104.100 0.133
201712 0.080 104.500 0.088
201803 0.150 105.300 0.164
201806 0.250 104.900 0.275
201809 0.120 106.600 0.130
201812 0.080 106.500 0.087
201903 0.200 107.700 0.214
201906 0.200 107.700 0.214
201909 0.130 109.800 0.136
201912 0.110 111.200 0.114
202003 0.100 112.300 0.103
202006 0.290 110.400 0.303
202009 0.160 111.700 0.165
202012 0.120 111.500 0.124
202103 0.210 112.662 0.215
202106 0.190 111.769 0.196
202109 0.160 112.215 0.164
202112 0.010 113.108 0.010
202203 0.240 114.335 0.242
202206 0.250 114.558 0.251
202209 0.090 115.339 0.090
202212 0.020 115.116 0.020
202303 0.320 115.116 0.320
202306 0.220 114.558 0.221
202309 0.150 115.339 0.150
202312 0.150 114.781 0.151
202403 0.220 115.227 0.220

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


Changjiang Publishing & Media Co  (SHSE:600757) 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.

Changjiang Publishing & Media Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.40/0.58
=14.48

* 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 Changjiang Publishing & Media Co was 122.43. The lowest was 7.78. And the median was 13.34.


Be Aware

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


Changjiang Publishing & Media Co E10 Related Terms

Thank you for viewing the detailed overview of Changjiang Publishing & Media Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Changjiang Publishing & Media Co (SHSE:600757) Business Description

Traded in Other Exchanges
N/A
Address
No. 268 Xiongchu Avenue, 11th-12th Floor, Block B, Hubei Publishing Culture City, Hubei Province, Wuhan, CHN, 430070
Changjiang Publishing & Media Co Ltd is engaged in the publication and media industry, as well as the manufacturing of clothing and other fiber products.
Executives
Zhou Yi Ping Director
Tian Wu Ying senior management
Wan Zhi Director
Hua Ying Sheng Director
Luo Jin Supervisors

Changjiang Publishing & Media Co (SHSE:600757) Headlines

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