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CNPC Capital Co (SZSE:000617) E10 : ¥2.17 (As of Mar. 2024)


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What is CNPC Capital 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.

CNPC Capital Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥2.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CNPC Capital Co's average E10 Growth Rate was 0.90% per year. During the past 3 years, the average E10 Growth Rate was 3.60% 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 CNPC Capital Co was 157.10% per year. The lowest was -16.20% per year. And the median was 4.00% per year.

As of today (2024-05-15), CNPC Capital Co's current stock price is ¥5.88. CNPC Capital Co's E10 for the quarter that ended in Mar. 2024 was ¥2.17. CNPC Capital Co's Shiller PE Ratio of today is 2.71.

During the past 13 years, the highest Shiller PE Ratio of CNPC Capital Co was 157.00. The lowest was 2.13. And the median was 4.82.


CNPC Capital Co E10 Historical Data

The historical data trend for CNPC Capital 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.

CNPC Capital Co E10 Chart

CNPC Capital 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 1.88 1.94 2.05 - 2.16

CNPC Capital 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 2.15 2.15 2.17 2.16 2.17

Competitive Comparison of CNPC Capital Co's E10

For the Financial Conglomerates subindustry, CNPC Capital 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.


CNPC Capital Co's Shiller PE Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CNPC Capital Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CNPC Capital Co's Shiller PE Ratio falls into.



CNPC Capital 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, CNPC Capital 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)
=0.14/114.6694*114.6694
=0.140

Current CPI (Mar. 2024) = 114.6694.

CNPC Capital Co Quarterly Data

per share eps CPI Adj_EPS
201406 -0.079 98.200 -0.092
201409 -0.057 98.900 -0.066
201412 -0.157 99.000 -0.182
201503 0.006 99.900 0.007
201506 0.009 99.500 0.010
201509 -0.079 100.500 -0.090
201512 15.011 100.600 17.110
201603 0.136 102.200 0.153
201606 0.157 101.400 0.178
201609 0.093 102.400 0.104
201612 0.157 102.600 0.175
201703 0.114 103.200 0.127
201706 0.171 103.100 0.190
201709 0.114 104.100 0.126
201712 0.150 104.500 0.165
201803 0.150 105.300 0.163
201806 0.171 104.900 0.187
201809 0.136 106.600 0.146
201812 0.121 106.500 0.130
201903 0.164 107.700 0.175
201906 0.156 107.700 0.166
201909 0.160 109.800 0.167
201912 0.140 111.200 0.144
202003 0.150 112.300 0.153
202006 0.190 110.400 0.197
202009 0.150 111.700 0.154
202012 0.130 111.500 0.134
202103 0.140 112.662 0.142
202106 0.160 111.769 0.164
202109 0.110 112.215 0.112
202112 0.030 113.108 0.030
202203 0.140 114.335 0.140
202206 0.140 114.558 0.140
202209 0.110 115.339 0.109
202212 0.000 115.116 0.000
202303 0.170 115.116 0.169
202306 0.140 114.558 0.140
202309 0.110 115.339 0.109
202312 -0.030 114.669 -0.030
202403 0.140 114.669 0.140

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


CNPC Capital Co  (SZSE:000617) 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.

CNPC Capital Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.88/2.17
=2.71

* 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 CNPC Capital Co was 157.00. The lowest was 2.13. And the median was 4.82.


Be Aware

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


CNPC Capital Co E10 Related Terms

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


CNPC Capital Co (SZSE:000617) Business Description

Traded in Other Exchanges
N/A
Address
No. 11966 Jingshi West Road, Shandong Province, Jinan, CHN, 250306
CNPC Capital Co Ltd operates as a financial management company. The company provides house banking, banking, financial leasing, trust, insurance, insurance brokerage and securities.

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