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Shanghai Lujiazui Finance & Trade Zone Development Co (SHSE:600663) E10 : ¥0.73 (As of Mar. 2024)


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What is Shanghai Lujiazui Finance & Trade Zone Development 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.

Shanghai Lujiazui Finance & Trade Zone Development Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.086. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shanghai Lujiazui Finance & Trade Zone Development Co's average E10 Growth Rate was -2.70% per year. During the past 3 years, the average E10 Growth Rate was 3.40% per year. During the past 5 years, the average E10 Growth Rate was 7.50% per year. During the past 10 years, the average E10 Growth Rate was 12.60% 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 Shanghai Lujiazui Finance & Trade Zone Development Co was 17.10% per year. The lowest was 3.40% per year. And the median was 12.55% per year.

As of today (2024-05-24), Shanghai Lujiazui Finance & Trade Zone Development Co's current stock price is ¥10.22. Shanghai Lujiazui Finance & Trade Zone Development Co's E10 for the quarter that ended in Mar. 2024 was ¥0.73. Shanghai Lujiazui Finance & Trade Zone Development Co's Shiller PE Ratio of today is 14.00.

During the past 13 years, the highest Shiller PE Ratio of Shanghai Lujiazui Finance & Trade Zone Development Co was 112.31. The lowest was 11.18. And the median was 26.31.


Shanghai Lujiazui Finance & Trade Zone Development Co E10 Historical Data

The historical data trend for Shanghai Lujiazui Finance & Trade Zone Development 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.

Shanghai Lujiazui Finance & Trade Zone Development Co E10 Chart

Shanghai Lujiazui Finance & Trade Zone Development 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 0.59 0.66 0.74 0.75 0.73

Shanghai Lujiazui Finance & Trade Zone Development 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 0.75 0.75 0.74 0.73 0.73

Competitive Comparison of Shanghai Lujiazui Finance & Trade Zone Development Co's E10

For the Real Estate - Development subindustry, Shanghai Lujiazui Finance & Trade Zone Development 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.


Shanghai Lujiazui Finance & Trade Zone Development Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Lujiazui Finance & Trade Zone Development Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Lujiazui Finance & Trade Zone Development Co's Shiller PE Ratio falls into.



Shanghai Lujiazui Finance & Trade Zone Development 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, Shanghai Lujiazui Finance & Trade Zone Development 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)
=0.086/115.2271*115.2271
=0.086

Current CPI (Mar. 2024) = 115.2271.

Shanghai Lujiazui Finance & Trade Zone Development Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.077 98.200 0.090
201409 0.102 98.900 0.119
201412 0.152 99.000 0.177
201503 0.075 99.900 0.087
201506 0.092 99.500 0.107
201509 0.202 100.500 0.232
201512 0.258 100.600 0.296
201603 0.157 102.200 0.177
201606 0.154 101.400 0.175
201609 0.164 102.400 0.185
201612 0.251 102.600 0.282
201703 0.112 103.200 0.125
201706 0.175 103.100 0.196
201709 0.077 104.100 0.085
201712 0.413 104.500 0.455
201803 0.170 105.300 0.186
201806 0.377 104.900 0.414
201809 0.092 106.600 0.099
201812 0.191 106.500 0.207
201903 0.216 107.700 0.231
201906 0.291 107.700 0.311
201909 0.111 109.800 0.116
201912 0.293 111.200 0.304
202003 0.189 112.300 0.194
202006 0.228 110.400 0.238
202009 0.152 111.700 0.157
202012 0.426 111.500 0.440
202103 0.219 112.662 0.224
202106 0.291 111.769 0.300
202109 0.132 112.215 0.136
202112 0.426 113.108 0.434
202203 0.162 114.335 0.163
202206 0.120 114.558 0.121
202209 0.005 115.339 0.005
202212 -0.070 115.116 -0.070
202303 0.090 115.116 0.090
202306 0.096 114.558 0.097
202309 -0.012 115.339 -0.012
202312 0.053 114.781 0.053
202403 0.086 115.227 0.086

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


Shanghai Lujiazui Finance & Trade Zone Development Co  (SHSE:600663) 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.

Shanghai Lujiazui Finance & Trade Zone Development Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.22/0.73
=14.00

* 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 Shanghai Lujiazui Finance & Trade Zone Development Co was 112.31. The lowest was 11.18. And the median was 26.31.


Be Aware

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


Shanghai Lujiazui Finance & Trade Zone Development Co E10 Related Terms

Thank you for viewing the detailed overview of Shanghai Lujiazui Finance & Trade Zone Development Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Lujiazui Finance & Trade Zone Development Co (SHSE:600663) Business Description

Traded in Other Exchanges
Address
No. 981 Pudong Avenue, Shanghai, Shanghai, CHN, 200135
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd is a China-based real estate company. Its operations predominantly consist of real estate development, management, sales, leasing, and intermediary; municipal public infrastructure development and construction. Its product categories include office, retail, hotel, convention and exhibition and residential properties.

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