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China Resourcesnjiu Medical & Pharmaceutical Co (SZSE:000999) E10 : ¥1.97 (As of Mar. 2024)


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What is China Resourcesnjiu Medical & Pharmaceutical 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.

China Resourcesnjiu Medical & Pharmaceutical Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥1.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Resourcesnjiu Medical & Pharmaceutical Co's average E10 Growth Rate was 10.70% per year. During the past 3 years, the average E10 Growth Rate was 9.40% per year. During the past 5 years, the average E10 Growth Rate was 8.90% per year. During the past 10 years, the average E10 Growth Rate was 12.00% 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 China Resourcesnjiu Medical & Pharmaceutical Co was 31.30% per year. The lowest was 7.70% per year. And the median was 12.80% per year.

As of today (2024-06-07), China Resourcesnjiu Medical & Pharmaceutical Co's current stock price is ¥64.65. China Resourcesnjiu Medical & Pharmaceutical Co's E10 for the quarter that ended in Mar. 2024 was ¥1.97. China Resourcesnjiu Medical & Pharmaceutical Co's Shiller PE Ratio of today is 32.82.

During the past 13 years, the highest Shiller PE Ratio of China Resourcesnjiu Medical & Pharmaceutical Co was 64.35. The lowest was 15.49. And the median was 25.95.


China Resourcesnjiu Medical & Pharmaceutical Co E10 Historical Data

The historical data trend for China Resourcesnjiu Medical & Pharmaceutical 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.

China Resourcesnjiu Medical & Pharmaceutical Co E10 Chart

China Resourcesnjiu Medical & Pharmaceutical 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 1.37 1.42 1.56 1.71 1.86

China Resourcesnjiu Medical & Pharmaceutical 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 1.78 1.81 1.85 1.86 1.97

Competitive Comparison of China Resourcesnjiu Medical & Pharmaceutical Co's E10

For the Drug Manufacturers - Specialty & Generic subindustry, China Resourcesnjiu Medical & Pharmaceutical 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.


China Resourcesnjiu Medical & Pharmaceutical Co's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, China Resourcesnjiu Medical & Pharmaceutical Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Resourcesnjiu Medical & Pharmaceutical Co's Shiller PE Ratio falls into.



China Resourcesnjiu Medical & Pharmaceutical 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, China Resourcesnjiu Medical & Pharmaceutical 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)
=1.39/115.2271*115.2271
=1.390

Current CPI (Mar. 2024) = 115.2271.

China Resourcesnjiu Medical & Pharmaceutical Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.270 98.200 0.317
201409 0.150 98.900 0.175
201412 0.340 99.000 0.396
201503 0.350 99.900 0.404
201506 0.290 99.500 0.336
201509 0.210 100.500 0.241
201512 0.430 100.600 0.493
201603 0.320 102.200 0.361
201606 0.330 101.400 0.375
201609 0.240 102.400 0.270
201612 0.330 102.600 0.371
201703 0.380 103.200 0.424
201706 0.380 103.100 0.425
201709 0.220 104.100 0.244
201712 0.350 104.500 0.386
201803 0.430 105.300 0.471
201806 0.410 104.900 0.450
201809 0.290 106.600 0.313
201812 0.320 106.500 0.346
201903 1.190 107.700 1.273
201906 0.570 107.700 0.610
201909 0.250 109.800 0.262
201912 0.130 111.200 0.135
202003 0.530 112.300 0.544
202006 0.550 110.400 0.574
202009 0.510 111.700 0.526
202012 0.010 111.500 0.010
202103 0.660 112.662 0.675
202106 0.750 111.769 0.773
202109 0.380 112.215 0.390
202112 0.310 113.108 0.316
202203 0.860 114.335 0.867
202206 0.600 114.558 0.604
202209 0.530 115.339 0.529
202212 0.490 115.116 0.490
202303 1.160 115.116 1.161
202306 0.750 114.558 0.754
202309 0.530 115.339 0.529
202312 0.460 114.781 0.462
202403 1.390 115.227 1.390

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


China Resourcesnjiu Medical & Pharmaceutical Co  (SZSE:000999) 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.

China Resourcesnjiu Medical & Pharmaceutical Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=64.65/1.97
=32.82

* 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 China Resourcesnjiu Medical & Pharmaceutical Co was 64.35. The lowest was 15.49. And the median was 25.95.


Be Aware

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


China Resourcesnjiu Medical & Pharmaceutical Co E10 Related Terms

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


China Resourcesnjiu Medical & Pharmaceutical Co (SZSE:000999) Business Description

Traded in Other Exchanges
N/A
Address
High-Tech Park, Lake Street Mission Hills, Longhua District, Shenzhen, CHN, 518110
China Resources Sanjiu Medical & Pharmaceutical Co Ltd is a China-based pharmaceutical company. It is engaged in the research and development, production and sale of pharmaceutical products, healthcare products, and medical appliances under the brand name 999, which includes OTC, antibiotic and raw material drug. The other brands under which the company offers its products are Lee King, Shunfeng, and Tianhe. The company's core business is located in OTC and Chinese medicine prescription drugs, OTC core products in the cold, gastrointestinal, skin, pediatric, cough and orthopedic drugs occupy a higher market share; prescription drug products in traditional Chinese medicine formula granules, cardiovascular and cerebrovascular, anti-tumor in the field of anti-infection and other areas.
Executives
Yang Zhan Ao Executives
Independent director
Li De Ming Supervisors
Lin Xi Ping Supervisors
Fang Ming Director
Mai Yi Executives

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