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Nanjing Develop Advanced Manufacturing Co (SHSE:688377) E10 : ¥0.35 (As of Mar. 2024)


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What is Nanjing Develop Advanced Manufacturing 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.

Nanjing Develop Advanced Manufacturing Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was ¥0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.35 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 3.00% 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 Nanjing Develop Advanced Manufacturing Co was 3.00% per year. The lowest was 3.00% per year. And the median was 3.00% per year.

As of today (2024-05-31), Nanjing Develop Advanced Manufacturing Co's current stock price is ¥ 15.92. Nanjing Develop Advanced Manufacturing Co's E10 for the fiscal year that ended in Dec. 2023 was ¥0.35. Nanjing Develop Advanced Manufacturing Co's Shiller PE Ratio of today is 45.49.

During the past 13 years, the highest Shiller PE Ratio of Nanjing Develop Advanced Manufacturing Co was 134.66. The lowest was 43.51. And the median was 66.15.


Nanjing Develop Advanced Manufacturing Co E10 Historical Data

The historical data trend for Nanjing Develop Advanced Manufacturing 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.

Nanjing Develop Advanced Manufacturing Co E10 Chart

Nanjing Develop Advanced Manufacturing 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 - 0.32 0.30 0.32 0.35

Nanjing Develop Advanced Manufacturing 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 - - - 0.35 -

Competitive Comparison of Nanjing Develop Advanced Manufacturing Co's E10

For the Oil & Gas Equipment & Services subindustry, Nanjing Develop Advanced Manufacturing 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.


Nanjing Develop Advanced Manufacturing Co's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nanjing Develop Advanced Manufacturing Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nanjing Develop Advanced Manufacturing Co's Shiller PE Ratio falls into.



Nanjing Develop Advanced Manufacturing 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, Nanjing Develop Advanced Manufacturing Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.73/114.7809*114.7809
=0.730

Current CPI (Dec. 2023) = 114.7809.

Nanjing Develop Advanced Manufacturing Co Annual Data

per_share_eps CPI Adj_EPS
201412 0.410 99.000 0.475
201512 0.220 100.600 0.251
201612 -0.270 102.600 -0.302
201712 0.030 104.500 0.033
201812 0.360 106.500 0.388
201912 0.650 111.200 0.671
202012 0.480 111.500 0.494
202112 0.170 113.108 0.173
202212 0.630 115.116 0.628
202312 0.730 114.781 0.730

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


Nanjing Develop Advanced Manufacturing Co  (SHSE:688377) 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.

Nanjing Develop Advanced Manufacturing Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.92/0.35
=45.49

* 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 Nanjing Develop Advanced Manufacturing Co was 134.66. The lowest was 43.51. And the median was 66.15.


Be Aware

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


Nanjing Develop Advanced Manufacturing Co E10 Related Terms

Thank you for viewing the detailed overview of Nanjing Develop Advanced Manufacturing Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Nanjing Develop Advanced Manufacturing Co (SHSE:688377) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Dixi Road, Liuhe District, Jiangsu Province, Nanjing, CHN, 210048
Nanjing Develop Advanced Manufacturing Co Ltd is engaged in production and sales of special parts for oil and gas equipment. The company manufactures and sells petroleum and natural gas mining equipment and components, components and high-pressure valves, offshore engineering mining equipment and components.
Executives
Li Yue Ling Directors, senior managers
Zhang Hong Directors, senior managers

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