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Jiangling Motors (SZSE:000550) E10 : ¥1.26 (As of Mar. 2024)


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What is Jiangling Motors 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.

Jiangling Motors's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Jiangling Motors's average E10 Growth Rate was -3.10% per year. During the past 3 years, the average E10 Growth Rate was -7.20% per year. During the past 5 years, the average E10 Growth Rate was -7.70% per year. During the past 10 years, the average E10 Growth Rate was -2.20% 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 Jiangling Motors was 18.40% per year. The lowest was -9.00% per year. And the median was 8.30% per year.

As of today (2024-06-09), Jiangling Motors's current stock price is ¥23.98. Jiangling Motors's E10 for the quarter that ended in Mar. 2024 was ¥1.26. Jiangling Motors's Shiller PE Ratio of today is 19.03.

During the past 13 years, the highest Shiller PE Ratio of Jiangling Motors was 25.81. The lowest was 5.08. And the median was 12.30.


Jiangling Motors E10 Historical Data

The historical data trend for Jiangling Motors'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.

Jiangling Motors E10 Chart

Jiangling Motors 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 1.79 1.60 1.43 1.35 1.28

Jiangling Motors 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 1.30 1.29 1.29 1.28 1.26

Competitive Comparison of Jiangling Motors's E10

For the Auto Manufacturers subindustry, Jiangling Motors'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.


Jiangling Motors's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangling Motors's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jiangling Motors's Shiller PE Ratio falls into.



Jiangling Motors 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, Jiangling Motors'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)
=0.56/115.2271*115.2271
=0.560

Current CPI (Mar. 2024) = 115.2271.

Jiangling Motors Quarterly Data

per share eps CPI Adj_EPS
201406 0.660 98.200 0.774
201409 0.420 98.900 0.489
201412 0.670 99.000 0.780
201503 0.670 99.900 0.773
201506 0.580 99.500 0.672
201509 0.530 100.500 0.608
201512 0.790 100.600 0.905
201603 0.480 102.200 0.541
201606 0.340 101.400 0.386
201609 0.450 102.400 0.506
201612 0.260 102.600 0.292
201703 0.260 103.200 0.290
201706 0.380 103.100 0.425
201709 0.110 104.100 0.122
201712 0.050 104.500 0.055
201803 0.180 105.300 0.197
201806 0.190 104.900 0.209
201809 -0.120 106.600 -0.130
201812 -0.140 106.500 -0.151
201903 0.030 107.700 0.032
201906 0.040 107.700 0.043
201909 0.110 109.800 0.115
201912 -0.010 111.200 -0.010
202003 0.080 112.300 0.082
202006 0.160 110.400 0.167
202009 0.170 111.700 0.175
202012 0.220 111.500 0.227
202103 0.320 112.662 0.327
202106 0.150 111.769 0.155
202109 0.080 112.215 0.082
202112 0.120 113.108 0.122
202203 0.220 114.335 0.222
202206 0.300 114.558 0.302
202209 0.310 115.339 0.310
202212 0.230 115.116 0.230
202303 0.210 115.116 0.210
202306 0.630 114.558 0.634
202309 0.330 115.339 0.330
202312 0.540 114.781 0.542
202403 0.560 115.227 0.560

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


Jiangling Motors  (SZSE:000550) 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.

Jiangling Motors's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=23.98/1.26
=19.03

* 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 Jiangling Motors was 25.81. The lowest was 5.08. And the median was 12.30.


Be Aware

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


Jiangling Motors E10 Related Terms

Thank you for viewing the detailed overview of Jiangling Motors's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangling Motors (SZSE:000550) Business Description

Traded in Other Exchanges
Address
No. 509, Northern Yingbin Avenue, Jiangxi Province, Nanchang, CHN, 330001
Jiangling Motors Corp Ltd is an automobile manufacturing company domiciled in China. The company principally manufactures light commercial vehicles such as vans and pickup trucks, heavy commercial vehicles including heavy-duty trucks, sport utility vehicles, engines, castings, and related vehicle components. It derives the vast majority of revenue from commercial vehicles and SUVs. Jiangling Motors produces vehicles under the JMC, Yusheng, and Ford brands. The company earns revenue almost entirely domestically.
Executives
Zhu Shui Xing Executives
Tu Hong Feng Executives
Xu Lan Feng Supervisors

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