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China Mobile (China Mobile) E10 : $0.00 (As of Mar. 2024)


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What is China Mobile E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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 Mobile's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Mobile's average E10 Growth Rate was 2.10% per year. During the past 3 years, the average E10 Growth Rate was -1.90% 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 Mobile was -1.90% per year. The lowest was -14.20% per year. And the median was -8.05% per year.

As of today (2024-05-05), China Mobile's current stock price is $27.51. China Mobile's E10 for the quarter that ended in Mar. 2024 was $0.00. China Mobile's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of China Mobile was 17.25. The lowest was 9.19. And the median was 14.13.


China Mobile E10 Historical Data

The historical data trend for China Mobile'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 Mobile E10 Chart

China Mobile 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 4.75 - - - -

China Mobile Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 - - - - -

Competitive Comparison of China Mobile's E10

For the Telecom Services subindustry, China Mobile'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 Mobile's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Shiller PE Ratio distribution charts can be found below:

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



China Mobile 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 Mobile'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)
=0/117.7354*117.7354
=0.000

Current CPI (Mar. 2024) = 117.7354.

China Mobile Quarterly Data

per share eps CPI Adj_EPS
200806 1.949 79.919 2.871
200812 2.072 79.590 3.065
200906 1.990 79.260 2.956
200912 2.160 80.799 3.147
201006 2.083 81.568 3.007
201012 2.293 83.217 3.244
201106 2.332 86.185 3.186
201112 2.505 87.944 3.354
201206 2.404 89.373 3.167
201212 2.647 91.132 3.420
201306 2.527 93.001 3.199
201312 2.173 95.090 2.690
201406 2.271 96.409 2.773
201412 2.036 99.707 2.404
201506 2.256 99.267 2.676
201512 1.938 102.015 2.237
201606 2.246 101.686 2.601
201612 1.698 103.225 1.937
201706 2.248 103.664 2.553
201712 1.911 104.984 2.143
201806 2.483 106.193 2.753
201812 1.845 107.622 2.018
201906 1.986 109.601 2.133
201912 1.739 110.700 1.850
202006 1.920 110.590 2.044
202009 0.000 107.512 0.000
202012 0.000 109.711 0.000
202103 0.000 111.579 0.000
202106 0.000 111.360 0.000
202109 0.000 109.051 0.000
202112 0.000 112.349 0.000
202203 0.000 113.558 0.000
202206 0.000 113.448 0.000
202209 0.000 113.778 0.000
202212 0.000 114.548 0.000
202303 0.000 115.427 0.000
202306 0.000 115.647 0.000
202309 0.000 116.087 0.000
202312 0.000 117.296 0.000
202403 0.000 117.735 0.000

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


China Mobile  (NYSE:CHL) 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.

During the past 13 years, the highest Shiller P/E Ratio of China Mobile was 17.25. The lowest was 9.19. And the median was 14.13.


Be Aware

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


China Mobile E10 Related Terms

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


China Mobile (China Mobile) Business Description

Address
99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG
China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.

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