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Guangdong HEC Technology Holding Co (SHSE:600673) E10 : ¥0.21 (As of Mar. 2024)


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What is Guangdong HEC Technology Holding 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.

Guangdong HEC Technology Holding Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.033. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Guangdong HEC Technology Holding Co's average E10 Growth Rate was -8.70% per year. During the past 3 years, the average E10 Growth Rate was 5.60% per year. During the past 5 years, the average E10 Growth Rate was 9.10% 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 Guangdong HEC Technology Holding Co was 23.60% per year. The lowest was 4.00% per year. And the median was 13.50% per year.

As of today (2024-06-07), Guangdong HEC Technology Holding Co's current stock price is ¥8.04. Guangdong HEC Technology Holding Co's E10 for the quarter that ended in Mar. 2024 was ¥0.21. Guangdong HEC Technology Holding Co's Shiller PE Ratio of today is 38.29.

During the past 13 years, the highest Shiller PE Ratio of Guangdong HEC Technology Holding Co was 154.63. The lowest was 26.47. And the median was 54.55.


Guangdong HEC Technology Holding Co E10 Historical Data

The historical data trend for Guangdong HEC Technology Holding 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.

Guangdong HEC Technology Holding Co E10 Chart

Guangdong HEC Technology Holding 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 0.17 0.17 0.19 0.22 0.20

Guangdong HEC Technology Holding 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 0.23 0.22 0.21 0.20 0.21

Competitive Comparison of Guangdong HEC Technology Holding Co's E10

For the Electronic Components subindustry, Guangdong HEC Technology Holding 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.


Guangdong HEC Technology Holding Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong HEC Technology Holding Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong HEC Technology Holding Co's Shiller PE Ratio falls into.



Guangdong HEC Technology Holding 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, Guangdong HEC Technology Holding 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)
=0.033/115.2271*115.2271
=0.033

Current CPI (Mar. 2024) = 115.2271.

Guangdong HEC Technology Holding Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.013 98.200 0.015
201409 0.070 98.900 0.082
201412 0.018 99.000 0.021
201503 0.006 99.900 0.007
201506 0.014 99.500 0.016
201509 0.018 100.500 0.021
201512 0.002 100.600 0.002
201603 0.005 102.200 0.006
201606 0.009 101.400 0.010
201609 0.014 102.400 0.016
201612 0.011 102.600 0.012
201703 0.017 103.200 0.019
201706 0.067 103.100 0.075
201709 0.075 104.100 0.083
201712 0.123 104.500 0.136
201803 0.122 105.300 0.134
201806 0.111 104.900 0.122
201809 0.057 106.600 0.062
201812 0.036 106.500 0.039
201903 0.150 107.700 0.160
201906 0.053 107.700 0.057
201909 0.063 109.800 0.066
201912 0.113 111.200 0.117
202003 0.100 112.300 0.103
202006 -0.016 110.400 -0.017
202009 -0.026 111.700 -0.027
202012 0.082 111.500 0.085
202103 0.008 112.662 0.008
202106 0.021 111.769 0.022
202109 0.078 112.215 0.080
202112 0.183 113.108 0.186
202203 0.099 114.335 0.100
202206 0.116 114.558 0.117
202209 0.031 115.339 0.031
202212 0.184 115.116 0.184
202303 0.022 115.116 0.022
202306 -0.068 114.558 -0.068
202309 -0.028 115.339 -0.028
202312 -0.026 114.781 -0.026
202403 0.033 115.227 0.033

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


Guangdong HEC Technology Holding Co  (SHSE:600673) 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.

Guangdong HEC Technology Holding Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.04/0.21
=38.29

* 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 Guangdong HEC Technology Holding Co was 154.63. The lowest was 26.47. And the median was 54.55.


Be Aware

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


Guangdong HEC Technology Holding Co E10 Related Terms

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


Guangdong HEC Technology Holding Co (SHSE:600673) Business Description

Traded in Other Exchanges
N/A
Address
Fifth Industrial Zone, Shangsha Village, Chang'an Town, Guangdong Province, Dongguan, CHN, 523871
Guangdong HEC Technology Holding Co Ltd is engaged in the manufacture and distribution of electronic materials and alloy materials. The company's products consist of electronic foils, hydrophilic foil, electronic light foil, capacitors, magnetic materials, electronic aluminum, and others.
Executives
Zhang Yu Shuai Director
Zhang Hong Wei Director
Tang Xin Fa Director
Chen Tie Sheng Director
Wang Zhen Director
Zhang Gao Shan Supervisors

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