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Power Construction of China (SHSE:601669) E10 : ¥0.57 (As of Mar. 2024)


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What is Power Construction of China 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.

Power Construction of China's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.171. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Power Construction of China's average E10 Growth Rate was 1.80% per year. During the past 3 years, the average E10 Growth Rate was 2.50% 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 Power Construction of China was 2.50% per year. The lowest was 1.20% per year. And the median was 1.85% per year.

As of today (2024-05-24), Power Construction of China's current stock price is ¥5.36. Power Construction of China's E10 for the quarter that ended in Mar. 2024 was ¥0.57. Power Construction of China's Shiller PE Ratio of today is 9.40.

During the past 13 years, the highest Shiller PE Ratio of Power Construction of China was 18.19. The lowest was 6.31. And the median was 9.14.


Power Construction of China E10 Historical Data

The historical data trend for Power Construction of China'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.

Power Construction of China E10 Chart

Power Construction of China 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 0.53 0.52 0.53 0.55 0.57

Power Construction of China 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 0.56 0.56 0.57 0.57 0.57

Competitive Comparison of Power Construction of China's E10

For the Engineering & Construction subindustry, Power Construction of China'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.


Power Construction of China's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Power Construction of China's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Power Construction of China's Shiller PE Ratio falls into.



Power Construction of China 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, Power Construction of China'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)
=0.171/115.2271*115.2271
=0.171

Current CPI (Mar. 2024) = 115.2271.

Power Construction of China Quarterly Data

per share eps CPI Adj_EPS
201406 0.244 98.200 0.286
201409 0.118 98.900 0.137
201412 0.152 99.000 0.177
201503 0.114 99.900 0.131
201506 0.125 99.500 0.145
201509 0.121 100.500 0.139
201512 0.020 100.600 0.023
201603 0.118 102.200 0.133
201606 0.134 101.400 0.152
201609 0.117 102.400 0.132
201612 0.103 102.600 0.116
201703 0.124 103.200 0.138
201706 0.137 103.100 0.153
201709 0.111 104.100 0.123
201712 0.110 104.500 0.121
201803 0.125 105.300 0.137
201806 0.140 104.900 0.154
201809 0.112 106.600 0.121
201812 0.108 106.500 0.117
201903 0.128 107.700 0.137
201906 0.131 107.700 0.140
201909 0.104 109.800 0.109
201912 0.094 111.200 0.097
202003 0.111 112.300 0.114
202006 0.146 110.400 0.152
202009 0.111 111.700 0.115
202012 0.095 111.500 0.098
202103 0.171 112.662 0.175
202106 0.162 111.769 0.167
202109 0.133 112.215 0.137
202112 0.113 113.108 0.115
202203 0.181 114.335 0.182
202206 0.217 114.558 0.218
202209 0.158 115.339 0.158
202212 0.127 115.116 0.127
202303 0.171 115.116 0.171
202306 0.207 114.558 0.208
202309 0.150 115.339 0.150
202312 0.155 114.781 0.156
202403 0.171 115.227 0.171

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


Power Construction of China  (SHSE:601669) 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.

Power Construction of China's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.36/0.57
=9.40

* 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 Power Construction of China was 18.19. The lowest was 6.31. And the median was 9.14.


Be Aware

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


Power Construction of China E10 Related Terms

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


Power Construction of China (SHSE:601669) Business Description

Traded in Other Exchanges
N/A
Address
No.22, Chegongzhuang West Road, Haidian District, Beijing, CHN, 100048
Power Construction Corporation of China Ltd is engaged in the construction and operation of hydropower projects, special equipment manufacturing and real estate development and management.
Executives
He Ming Supervisors

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