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Inner Mongolia ERDOS Resources Co (SHSE:600295) E10 : ¥0.78 (As of Mar. 2024)


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What is Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Inner Mongolia ERDOS Resources Co's average E10 Growth Rate was 5.40% per year. During the past 3 years, the average E10 Growth Rate was 27.70% per year. During the past 5 years, the average E10 Growth Rate was 21.40% per year. During the past 10 years, the average E10 Growth Rate was 10.80% 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 Inner Mongolia ERDOS Resources Co was 27.70% per year. The lowest was 1.10% per year. And the median was 9.95% per year.

As of today (2024-06-07), Inner Mongolia ERDOS Resources Co's current stock price is ¥11.24. Inner Mongolia ERDOS Resources Co's E10 for the quarter that ended in Mar. 2024 was ¥0.78. Inner Mongolia ERDOS Resources Co's Shiller PE Ratio of today is 14.41.

During the past 13 years, the highest Shiller PE Ratio of Inner Mongolia ERDOS Resources Co was 51.39. The lowest was 9.58. And the median was 14.97.


Inner Mongolia ERDOS Resources Co E10 Historical Data

The historical data trend for Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources Co E10 Chart

Inner Mongolia ERDOS Resources 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 0.37 0.37 0.57 0.71 0.77

Inner Mongolia ERDOS Resources 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 0.74 0.75 0.78 0.77 0.78

Competitive Comparison of Inner Mongolia ERDOS Resources Co's E10

For the Textile Manufacturing subindustry, Inner Mongolia ERDOS Resources 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.


Inner Mongolia ERDOS Resources Co's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Inner Mongolia ERDOS Resources Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Inner Mongolia ERDOS Resources Co's Shiller PE Ratio falls into.



Inner Mongolia ERDOS Resources 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, Inner Mongolia ERDOS Resources 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)
=0.12/115.2271*115.2271
=0.120

Current CPI (Mar. 2024) = 115.2271.

Inner Mongolia ERDOS Resources Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.026 98.200 0.031
201409 0.046 98.900 0.054
201412 0.077 99.000 0.090
201503 0.051 99.900 0.059
201506 0.005 99.500 0.006
201509 0.031 100.500 0.036
201512 0.041 100.600 0.047
201603 0.046 102.200 0.052
201606 0.010 101.400 0.011
201609 0.036 102.400 0.041
201612 0.041 102.600 0.046
201703 0.056 103.200 0.063
201706 0.026 103.100 0.029
201709 0.097 104.100 0.107
201712 0.077 104.500 0.085
201803 0.102 105.300 0.112
201806 0.036 104.900 0.040
201809 0.122 106.600 0.132
201812 0.209 106.500 0.226
201903 0.092 107.700 0.098
201906 0.163 107.700 0.174
201909 0.158 109.800 0.166
201912 0.122 111.200 0.126
202003 0.041 112.300 0.042
202006 0.112 110.400 0.117
202009 0.189 111.700 0.195
202012 0.204 111.500 0.211
202103 0.245 112.662 0.251
202106 0.314 111.769 0.324
202109 1.071 112.215 1.100
202112 0.850 113.108 0.866
202203 0.479 114.335 0.483
202206 0.681 114.558 0.685
202209 0.460 115.339 0.460
202212 0.070 115.116 0.070
202303 0.360 115.116 0.360
202306 0.240 114.558 0.241
202309 0.300 115.339 0.300
202312 0.140 114.781 0.141
202403 0.120 115.227 0.120

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


Inner Mongolia ERDOS Resources Co  (SHSE:600295) 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.

Inner Mongolia ERDOS Resources Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.24/0.78
=14.41

* 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 Inner Mongolia ERDOS Resources Co was 51.39. The lowest was 9.58. And the median was 14.97.


Be Aware

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


Inner Mongolia ERDOS Resources Co E10 Related Terms

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


Inner Mongolia ERDOS Resources Co (SHSE:600295) Business Description

Traded in Other Exchanges
Address
No.1, Hantai Light Textile Street, Dongsheng District, Inner Mongolia Autonomous Region, Erdos City, CHN, 017000
Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.
Executives
Zhang Mei Rong Director
Wang Zhen Director
Zhang Yi Ling Director

Inner Mongolia ERDOS Resources Co (SHSE:600295) Headlines

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