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Huaxin Cement Co (SHSE:600801) E10 : ¥1.60 (As of Mar. 2024)


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What is Huaxin Cement 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.

Huaxin Cement Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huaxin Cement Co's average E10 Growth Rate was 3.20% per year. During the past 3 years, the average E10 Growth Rate was 9.50% per year. During the past 5 years, the average E10 Growth Rate was 17.50% per year. During the past 10 years, the average E10 Growth Rate was 20.60% 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 Huaxin Cement Co was 37.60% per year. The lowest was 4.80% per year. And the median was 18.40% per year.

As of today (2024-05-26), Huaxin Cement Co's current stock price is ¥15.26. Huaxin Cement Co's E10 for the quarter that ended in Mar. 2024 was ¥1.60. Huaxin Cement Co's Shiller PE Ratio of today is 9.54.

During the past 13 years, the highest Shiller PE Ratio of Huaxin Cement Co was 27.95. The lowest was 7.77. And the median was 16.83.


Huaxin Cement Co E10 Historical Data

The historical data trend for Huaxin Cement 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.

Huaxin Cement Co E10 Chart

Huaxin Cement 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 0.99 1.21 1.41 1.53 1.59

Huaxin Cement 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 1.55 1.56 1.60 1.59 1.60

Competitive Comparison of Huaxin Cement Co's E10

For the Building Materials subindustry, Huaxin Cement 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.


Huaxin Cement Co's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Huaxin Cement Co's Shiller PE Ratio distribution charts can be found below:

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



Huaxin Cement 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, Huaxin Cement 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)
=0.08/115.2271*115.2271
=0.080

Current CPI (Mar. 2024) = 115.2271.

Huaxin Cement Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.186 98.200 0.218
201409 0.143 98.900 0.167
201412 0.200 99.000 0.233
201503 0.014 99.900 0.016
201506 0.029 99.500 0.034
201509 0.014 100.500 0.016
201512 -0.007 100.600 -0.008
201603 -0.064 102.200 -0.072
201606 0.077 101.400 0.087
201609 0.071 102.400 0.080
201612 0.136 102.600 0.153
201703 0.043 103.200 0.048
201706 0.307 103.100 0.343
201709 0.150 104.100 0.166
201712 0.493 104.500 0.544
201803 0.250 105.300 0.274
201806 0.740 104.900 0.813
201809 0.640 106.600 0.692
201812 0.840 106.500 0.909
201903 0.480 107.700 0.514
201906 1.030 107.700 1.102
201909 0.800 109.800 0.840
201912 0.720 111.200 0.746
202003 0.170 112.300 0.174
202006 0.910 110.400 0.950
202009 0.850 111.700 0.877
202012 0.760 111.500 0.785
202103 0.350 112.662 0.358
202106 0.830 111.769 0.856
202109 0.540 112.215 0.554
202112 0.860 113.108 0.876
202203 0.320 114.335 0.322
202206 0.450 114.558 0.453
202209 0.300 115.339 0.300
202212 0.210 115.116 0.210
202303 0.120 115.116 0.120
202306 0.450 114.558 0.453
202309 0.320 115.339 0.320
202312 0.420 114.781 0.422
202403 0.080 115.227 0.080

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


Huaxin Cement Co  (SHSE:600801) 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.

Huaxin Cement Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.26/1.6
=9.54

* 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 Huaxin Cement Co was 27.95. The lowest was 7.77. And the median was 16.83.


Be Aware

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


Huaxin Cement Co E10 Related Terms

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


Huaxin Cement Co (SHSE:600801) Business Description

Traded in Other Exchanges
Address
No.426, Gaoxin Avenue, Tower B, Huaxin Tower, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073
Huaxin Cement Co Ltd is engaged in the production and distribution of cement, ready-mix concrete, cement equipment, and cement packaging products. It is also engaged in environmental protection, equipment manufacturing, EPC engineering, Project consulting, and high-tech building materials. Its products include 32.5 type cement, 42.5 type and above cement, Commercial clinker, Concrete, Aggregate, and others. Its geographical segments include China, Tajikistan, and Cambodia, out of which the majority of the revenue is generated from China.
Executives
Chen Qian senior management
Li Ye Qing Director
Ming Jin Hua Supervisors
Liu Feng Shan Directors, senior managers
Ye Jia Xing senior management
Xu Gang senior management
Liu Yun Xia senior management
Mei Xiang Fu senior management
Yuan De Zu senior management
Wang Jia Jun senior management
Yang Hong Bing senior management
Ke You Liang senior management
Du Ping senior management
Zhang Lin Supervisors
Peng Qing Yu Supervisors

Huaxin Cement Co (SHSE:600801) Headlines

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