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Grandblue Environment Co (SHSE:600323) E10 : ¥1.17 (As of Mar. 2024)


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What is Grandblue Environment 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.

Grandblue Environment Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grandblue Environment Co's average E10 Growth Rate was 11.40% per year. During the past 3 years, the average E10 Growth Rate was 12.70% per year. During the past 5 years, the average E10 Growth Rate was 10.60% per year. During the past 10 years, the average E10 Growth Rate was 12.00% 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 Grandblue Environment Co was 16.50% per year. The lowest was 8.20% per year. And the median was 10.70% per year.

As of today (2024-05-23), Grandblue Environment Co's current stock price is ¥18.63. Grandblue Environment Co's E10 for the quarter that ended in Mar. 2024 was ¥1.17. Grandblue Environment Co's Shiller PE Ratio of today is 15.92.

During the past 13 years, the highest Shiller PE Ratio of Grandblue Environment Co was 55.67. The lowest was 13.26. And the median was 26.13.


Grandblue Environment Co E10 Historical Data

The historical data trend for Grandblue Environment 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.

Grandblue Environment Co E10 Chart

Grandblue Environment 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 0.79 0.79 0.91 1.02 1.14

Grandblue Environment 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 1.05 1.08 1.13 1.14 1.17

Competitive Comparison of Grandblue Environment Co's E10

For the Utilities - Regulated Water subindustry, Grandblue Environment 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.


Grandblue Environment Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Grandblue Environment Co's Shiller PE Ratio distribution charts can be found below:

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



Grandblue Environment 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, Grandblue Environment 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)
=0.47/115.2271*115.2271
=0.470

Current CPI (Mar. 2024) = 115.2271.

Grandblue Environment Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.151 98.200 0.177
201409 0.140 98.900 0.163
201412 0.083 99.000 0.097
201503 0.110 99.900 0.127
201506 0.140 99.500 0.162
201509 0.170 100.500 0.195
201512 0.110 100.600 0.126
201603 0.140 102.200 0.158
201606 0.200 101.400 0.227
201609 0.223 102.400 0.251
201612 0.100 102.600 0.112
201703 0.170 103.200 0.190
201706 0.240 103.100 0.268
201709 0.302 104.100 0.334
201712 0.140 104.500 0.154
201803 0.400 105.300 0.438
201806 0.250 104.900 0.275
201809 0.320 106.600 0.346
201812 0.170 106.500 0.184
201903 0.250 107.700 0.267
201906 0.350 107.700 0.374
201909 0.360 109.800 0.378
201912 0.230 111.200 0.238
202003 0.180 112.300 0.185
202006 0.420 110.400 0.438
202009 0.390 111.700 0.402
202012 0.360 111.500 0.372
202103 0.310 112.662 0.317
202106 0.480 111.769 0.495
202109 0.350 112.215 0.359
202112 0.300 113.108 0.306
202203 0.200 114.335 0.202
202206 0.470 114.558 0.473
202209 0.390 115.339 0.390
202212 0.340 115.116 0.340
202303 0.380 115.116 0.380
202306 0.470 114.558 0.473
202309 0.580 115.339 0.579
202312 0.320 114.781 0.321
202403 0.470 115.227 0.470

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


Grandblue Environment Co  (SHSE:600323) 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.

Grandblue Environment Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.63/1.17
=15.92

* 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 Grandblue Environment Co was 55.67. The lowest was 13.26. And the median was 26.13.


Be Aware

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


Grandblue Environment Co E10 Related Terms

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


Grandblue Environment Co (SHSE:600323) Business Description

Traded in Other Exchanges
N/A
Address
Cailian Building, Nanhai Avenue, Guicheng, Nanhai District, Guangdong Province, Foshan, CHN, 528200
Grandblue Environment Co Ltd is mainly engaged in urban water supply, sewage treatment, solid waste processing, and construction and operation of municipal infrastructure.

Grandblue Environment Co (SHSE:600323) Headlines

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