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Tuniu (TOUR) E10 : $-1.20 (As of Mar. 2024)


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What is Tuniu 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.

Tuniu's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.017. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.20 for the trailing ten years ended in Mar. 2024.

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), Tuniu's current stock price is $1.02. Tuniu's E10 for the quarter that ended in Mar. 2024 was $-1.20. Tuniu's Shiller PE Ratio of today is .


Tuniu E10 Historical Data

The historical data trend for Tuniu'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.

Tuniu E10 Chart

Tuniu 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 - - - -1.30 -1.22

Tuniu 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 -1.27 -1.26 -1.24 -1.22 -1.20

Competitive Comparison of Tuniu's E10

For the Travel Services subindustry, Tuniu'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.


Tuniu's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tuniu's Shiller PE Ratio distribution charts can be found below:

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



Tuniu 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, Tuniu'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)
=0.017/115.2271*115.2271
=0.017

Current CPI (Mar. 2024) = 115.2271.

Tuniu Quarterly Data

per share eps CPI Adj_EPS
201406 -0.655 98.200 -0.769
201409 -0.337 98.900 -0.393
201412 -0.181 99.000 -0.211
201503 -0.596 99.900 -0.687
201506 -0.517 99.500 -0.599
201509 -0.711 100.500 -0.815
201512 -0.888 100.600 -1.017
201603 -0.692 102.200 -0.780
201606 -0.906 101.400 -1.030
201609 -0.661 102.400 -0.744
201612 -0.642 102.600 -0.721
201703 -0.331 103.200 -0.370
201706 -0.317 103.100 -0.354
201709 -0.037 104.100 -0.041
201712 -0.218 104.500 -0.240
201803 -0.090 105.300 -0.098
201806 -0.097 104.900 -0.107
201809 0.035 106.600 0.038
201812 -0.074 106.500 -0.080
201903 -0.183 107.700 -0.196
201906 -0.196 107.700 -0.210
201909 -0.017 109.800 -0.018
201912 -0.423 111.200 -0.438
202003 -0.231 112.300 -0.237
202006 -0.169 110.400 -0.176
202009 -0.066 111.700 -0.068
202012 -1.115 111.500 -1.152
202103 -0.051 112.662 -0.052
202106 -0.019 111.769 -0.020
202109 -0.042 112.215 -0.043
202112 -0.042 113.108 -0.043
202203 -0.052 114.335 -0.052
202206 -0.152 114.558 -0.153
202209 -0.026 115.339 -0.026
202212 -0.004 115.116 -0.004
202303 -0.009 115.116 -0.009
202306 0.001 114.558 0.001
202309 0.045 115.339 0.045
202312 -0.151 114.781 -0.152
202403 0.017 115.227 0.017

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


Tuniu  (NAS:TOUR) 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.


Be Aware

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


Tuniu E10 Related Terms

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


Tuniu (TOUR) Business Description

Traded in Other Exchanges
Address
Tuniu Building, No. 32 Suningdadao, Xuanwu District, Jiangsu Province, Nanjing, CHN, 210042
Tuniu Corp is an online leisure travel company. The company is engaged in the provision of travel-related services in the People's Republic of China. It offers a large selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. The company's organized tours provide pre-arranged itineraries, transportation, accommodations, entertainment, meals, and tour guide services. Its self-guided tours consist of combinations of flights and hotel bookings and other optional add-ons. All the company's revenues are derived from within the People's Republic of China.