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Lens Technology Co (SZSE:300433) E10 : ¥0.53 (As of Mar. 2024)


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What is Lens Technology 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.

Lens Technology Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.062. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lens Technology Co's average E10 Growth Rate was -62.10% 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.

As of today (2024-06-09), Lens Technology Co's current stock price is ¥15.64. Lens Technology Co's E10 for the quarter that ended in Mar. 2024 was ¥0.53. Lens Technology Co's Shiller PE Ratio of today is 29.51.

During the past 13 years, the highest Shiller PE Ratio of Lens Technology Co was 29.63. The lowest was 8.11. And the median was 12.96.


Lens Technology Co E10 Historical Data

The historical data trend for Lens Technology 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.

Lens Technology Co E10 Chart

Lens Technology 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 - - - - 0.53

Lens Technology 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 1.40 1.35 0.98 0.53 0.53

Competitive Comparison of Lens Technology Co's E10

For the Electronic Components subindustry, Lens Technology 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.


Lens Technology Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lens Technology Co's Shiller PE Ratio distribution charts can be found below:

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



Lens Technology 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, Lens Technology 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)
=0.062/115.2271*115.2271
=0.062

Current CPI (Mar. 2024) = 115.2271.

Lens Technology Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.065 98.200 0.076
201409 0.084 98.900 0.098
201412 0.119 99.000 0.139
201503 0.124 99.900 0.143
201506 0.074 99.500 0.086
201509 0.110 100.500 0.126
201512 0.125 100.600 0.143
201603 0.045 102.200 0.051
201606 0.021 101.400 0.024
201609 0.139 102.400 0.156
201612 0.104 102.600 0.117
201703 0.056 103.200 0.063
201706 0.023 103.100 0.026
201709 0.150 104.100 0.166
201712 0.290 104.500 0.320
201803 0.030 105.300 0.033
201806 0.086 104.900 0.094
201809 0.150 106.600 0.162
201812 -0.110 106.500 -0.119
201903 -0.020 107.700 -0.021
201906 -0.020 107.700 -0.021
201909 0.300 109.800 0.315
201912 0.330 111.200 0.342
202003 0.202 112.300 0.207
202006 0.235 110.400 0.245
202009 0.350 111.700 0.361
202012 0.330 111.500 0.341
202103 0.242 112.662 0.248
202106 0.222 111.769 0.229
202109 0.196 112.215 0.201
202112 -0.240 113.108 -0.244
202203 -0.083 114.335 -0.084
202206 0.021 114.558 0.021
202209 0.212 115.339 0.212
202212 0.350 115.116 0.350
202303 0.013 115.116 0.013
202306 0.098 114.558 0.099
202309 0.219 115.339 0.219
202312 0.280 114.781 0.281
202403 0.062 115.227 0.062

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


Lens Technology Co  (SZSE:300433) 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.

Lens Technology Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.64/0.53
=29.51

* 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 Lens Technology Co was 29.63. The lowest was 8.11. And the median was 12.96.


Be Aware

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


Lens Technology Co E10 Related Terms

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


Lens Technology Co (SZSE:300433) Business Description

Traded in Other Exchanges
N/A
Address
Liuyang Biomedical Park, Changsha, CHN, 410311
Lens Technology Co Ltd researches develop, produces, and sells protective glass touch panels in China. It offers protective window glass, touch screen unit, touch screen module, camera module, fingerprint module, and camera related products, as well as buttons, ceramics, metal parts, and other products. The company's products are used in mobile phones; tablet PCs, notebook computers, digital cameras, players, GPS navigation systems, automotive instrumentation, smart homes, medical equipment, and other areas.
Executives
Cai Xin Feng Executives
Zhong Zhen Zhuo Secretary Dong
Zhou Xin Yi Director
Zhou Qun Fei Directors, executives
Zhou Tian Shu Securities Affairs Representative
Li Xiao Ming Executives
Peng Meng Wu Secretary Dong
Chen Xiao Qun Supervisors
Liu Shu Guang Executives
Kuang Hong Feng Supervisors
Liu Wei Executives
Xiao Qian Feng Supervisors
Rao Qiao Bing Executives
Rao Yu Lei Independent director

Lens Technology Co (SZSE:300433) Headlines

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