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Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) E10 : ¥3.25 (As of Mar. 2024)


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What is Shanxi Xinghuacun Fen Wine Factory 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.

Shanxi Xinghuacun Fen Wine Factory Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥5.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥3.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shanxi Xinghuacun Fen Wine Factory Co's average E10 Growth Rate was 39.20% per year. During the past 3 years, the average E10 Growth Rate was 36.60% per year. During the past 5 years, the average E10 Growth Rate was 31.10% per year. During the past 10 years, the average E10 Growth Rate was 19.20% 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 Shanxi Xinghuacun Fen Wine Factory Co was 36.60% per year. The lowest was 6.80% per year. And the median was 21.10% per year.

As of today (2024-05-22), Shanxi Xinghuacun Fen Wine Factory Co's current stock price is ¥259.42. Shanxi Xinghuacun Fen Wine Factory Co's E10 for the quarter that ended in Mar. 2024 was ¥3.25. Shanxi Xinghuacun Fen Wine Factory Co's Shiller PE Ratio of today is 79.82.

During the past 13 years, the highest Shiller PE Ratio of Shanxi Xinghuacun Fen Wine Factory Co was 293.35. The lowest was 18.40. And the median was 62.34.


Shanxi Xinghuacun Fen Wine Factory Co E10 Historical Data

The historical data trend for Shanxi Xinghuacun Fen Wine Factory 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.

Shanxi Xinghuacun Fen Wine Factory Co E10 Chart

Shanxi Xinghuacun Fen Wine Factory 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 0.88 1.08 1.46 2.00 2.76

Shanxi Xinghuacun Fen Wine Factory 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 2.32 2.45 2.66 2.76 3.25

Competitive Comparison of Shanxi Xinghuacun Fen Wine Factory Co's E10

For the Beverages - Wineries & Distilleries subindustry, Shanxi Xinghuacun Fen Wine Factory 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.


Shanxi Xinghuacun Fen Wine Factory Co's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shanxi Xinghuacun Fen Wine Factory Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shanxi Xinghuacun Fen Wine Factory Co's Shiller PE Ratio falls into.



Shanxi Xinghuacun Fen Wine Factory 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, Shanxi Xinghuacun Fen Wine Factory 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)
=5.13/115.2271*115.2271
=5.130

Current CPI (Mar. 2024) = 115.2271.

Shanxi Xinghuacun Fen Wine Factory Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.015 98.200 0.018
201409 0.032 98.900 0.037
201412 -0.035 99.000 -0.041
201503 0.179 99.900 0.206
201506 0.052 99.500 0.060
201509 0.071 100.500 0.081
201512 0.130 100.600 0.149
201603 0.243 102.200 0.274
201606 0.053 101.400 0.060
201609 0.076 102.400 0.086
201612 0.127 102.600 0.143
201703 0.386 103.200 0.431
201706 0.111 103.100 0.124
201709 0.168 104.100 0.186
201712 0.121 104.500 0.133
201803 0.591 105.300 0.647
201806 0.187 104.900 0.205
201809 0.275 106.600 0.297
201812 0.191 106.500 0.207
201903 0.725 107.700 0.776
201906 0.267 107.700 0.286
201909 0.417 109.800 0.438
201912 0.212 111.200 0.220
202003 1.007 112.300 1.033
202006 0.329 110.400 0.343
202009 0.706 111.700 0.728
202012 0.480 111.500 0.496
202103 1.790 112.662 1.831
202106 1.122 111.769 1.157
202109 1.081 112.215 1.110
202112 0.365 113.108 0.372
202203 3.040 114.335 3.064
202206 1.075 114.558 1.081
202209 1.712 115.339 1.710
202212 0.813 115.116 0.814
202303 3.950 115.116 3.954
202306 1.606 114.558 1.615
202309 2.174 115.339 2.172
202312 0.833 114.781 0.836
202403 5.130 115.227 5.130

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


Shanxi Xinghuacun Fen Wine Factory Co  (SHSE:600809) 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.

Shanxi Xinghuacun Fen Wine Factory Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=259.42/3.25
=79.82

* 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 Shanxi Xinghuacun Fen Wine Factory Co was 293.35. The lowest was 18.40. And the median was 62.34.


Be Aware

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


Shanxi Xinghuacun Fen Wine Factory Co E10 Related Terms

Thank you for viewing the detailed overview of Shanxi Xinghuacun Fen Wine Factory Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Business Description

Traded in Other Exchanges
N/A
Address
Xinghua Village, Fenyang County, Shanxi, Lvliang, CHN, 032205
Shanxi Fen Wine, or Fen Wine, is a typical light-flavored baijiu, featuring a fresher, lighter, and purer-taste compared with jiang-flavored and rich-flavored spirits. The company offers a comprehensive product portfolio, covering sub-premium, mid- to high range, and low-end products. The Fen series contributed about 90% of the company's sales revenue in 2022, including sub-premium brand Qinghua, midrange products Panama and Laobaifen, and low-end Bofen. The State-Owned Assets Supervision and Administration Commission of Shanxi province controls 51% of Fen Wine.

Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Headlines

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