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Aceso Life Science Group (HKSE:00474) E10 : HK$-0.04 (As of Sep. 2023)


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What is Aceso Life Science Group 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.

Aceso Life Science Group's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was HK$-0.036. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$-0.04 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average E10 Growth Rate was 37.00% per year. During the past 5 years, the average E10 Growth Rate was 45.00% 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 Aceso Life Science Group was 52.40% per year. The lowest was -14.20% per year. And the median was 36.00% per year.

As of today (2024-05-20), Aceso Life Science Group's current stock price is HK$ 0.145. Aceso Life Science Group's E10 for the fiscal year that ended in Mar. 2023 was HK$-0.04. Aceso Life Science Group's Shiller PE Ratio of today is .


Aceso Life Science Group E10 Historical Data

The historical data trend for Aceso Life Science Group'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.

Aceso Life Science Group E10 Chart

Aceso Life Science Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 -0.16 -0.14 -0.07 -0.04

Aceso Life Science Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - -0.07 - -0.04 -

Competitive Comparison of Aceso Life Science Group's E10

For the Conglomerates subindustry, Aceso Life Science Group'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.


Aceso Life Science Group's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aceso Life Science Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Aceso Life Science Group's Shiller PE Ratio falls into.



Aceso Life Science Group 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, Aceso Life Science Group's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.036/115.4269*115.4269
=-0.036

Current CPI (Mar. 2023) = 115.4269.

Aceso Life Science Group Annual Data

per_share_eps CPI Adj_EPS
201403 -0.006 95.749 -0.007
201503 0.535 99.927 0.618
201603 0.127 102.785 0.143
201703 -0.639 103.335 -0.714
201803 -0.091 105.973 -0.099
201903 -0.077 108.172 -0.082
202003 -0.049 110.920 -0.051
202103 -0.063 111.579 -0.065
202203 -0.056 113.558 -0.057
202303 -0.036 115.427 -0.036

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


Aceso Life Science Group  (HKSE:00474) 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.


Aceso Life Science Group E10 Related Terms

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


Aceso Life Science Group (HKSE:00474) Business Description

Traded in Other Exchanges
N/A
Address
6 - 8 Harbour Road, Rooms 2501 - 2509, 25th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
Aceso Life Science Group Ltd is an investment holding company. The group's operating segments include Money lending; Rental and sale of construction machinery and spare parts business; Provision of repair and maintenance and transportation service business; Provision of asset management, securities brokerage, commodities, futures and other financial service business; Property leasing business; and Property development business. It derives key revenue from the rental and sale of construction machinery and spare part. Geographically, the group has a business presence in Hong Kong, the UK, the PRC, Macau and Cambodia.

Aceso Life Science Group (HKSE:00474) Headlines

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