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China Automotive Engineering Research Institute Co (SHSE:601965) E10 : ¥0.58 (As of Mar. 2024)


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What is China Automotive Engineering Research Institute 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.

China Automotive Engineering Research Institute Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Automotive Engineering Research Institute Co's average E10 Growth Rate was 5.50% per year. During the past 3 years, the average E10 Growth Rate was 5.20% 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 China Automotive Engineering Research Institute Co was 5.20% per year. The lowest was 5.20% per year. And the median was 5.20% per year.

As of today (2024-06-04), China Automotive Engineering Research Institute Co's current stock price is ¥19.50. China Automotive Engineering Research Institute Co's E10 for the quarter that ended in Mar. 2024 was ¥0.58. China Automotive Engineering Research Institute Co's Shiller PE Ratio of today is 33.62.

During the past 13 years, the highest Shiller PE Ratio of China Automotive Engineering Research Institute Co was 46.91. The lowest was 19.62. And the median was 33.83.


China Automotive Engineering Research Institute Co E10 Historical Data

The historical data trend for China Automotive Engineering Research Institute 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.

China Automotive Engineering Research Institute Co E10 Chart

China Automotive Engineering Research Institute 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 - 0.49 0.51 0.54 0.57

China Automotive Engineering Research Institute 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 0.55 0.55 0.57 0.57 0.58

Competitive Comparison of China Automotive Engineering Research Institute Co's E10

For the Auto Manufacturers subindustry, China Automotive Engineering Research Institute 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.


China Automotive Engineering Research Institute Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Engineering Research Institute Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where China Automotive Engineering Research Institute Co's Shiller PE Ratio falls into.



China Automotive Engineering Research Institute 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, China Automotive Engineering Research Institute 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)
=0.17/115.2271*115.2271
=0.170

Current CPI (Mar. 2024) = 115.2271.

China Automotive Engineering Research Institute Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.084 98.200 0.099
201409 0.260 98.900 0.303
201412 0.160 99.000 0.186
201503 0.110 99.900 0.127
201506 0.039 99.500 0.045
201509 0.060 100.500 0.069
201512 0.170 100.600 0.195
201603 0.060 102.200 0.068
201606 0.060 101.400 0.068
201609 0.090 102.400 0.101
201612 0.140 102.600 0.157
201703 0.080 103.200 0.089
201706 0.060 103.100 0.067
201709 0.080 104.100 0.089
201712 0.160 104.500 0.176
201803 0.090 105.300 0.098
201806 0.090 104.900 0.099
201809 0.090 106.600 0.097
201812 0.150 106.500 0.162
201903 0.100 107.700 0.107
201906 0.100 107.700 0.107
201909 0.100 109.800 0.105
201912 0.180 111.200 0.187
202003 0.060 112.300 0.062
202006 0.140 110.400 0.146
202009 0.140 111.700 0.144
202012 0.220 111.500 0.227
202103 0.120 112.662 0.123
202106 0.150 111.769 0.155
202109 0.240 112.215 0.246
202112 0.190 113.108 0.194
202203 0.130 114.335 0.131
202206 0.180 114.558 0.181
202209 0.190 115.339 0.190
202212 0.200 115.116 0.200
202303 0.150 115.116 0.150
202306 0.200 114.558 0.201
202309 0.220 115.339 0.220
202312 0.260 114.781 0.261
202403 0.170 115.227 0.170

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


China Automotive Engineering Research Institute Co  (SHSE:601965) 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.

China Automotive Engineering Research Institute Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.50/0.58
=33.62

* 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 China Automotive Engineering Research Institute Co was 46.91. The lowest was 19.62. And the median was 33.83.


Be Aware

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


China Automotive Engineering Research Institute Co E10 Related Terms

Thank you for viewing the detailed overview of China Automotive Engineering Research Institute Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


China Automotive Engineering Research Institute Co (SHSE:601965) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Jin Yu Avenue, North District, Economic Development Zone, Chongqing, CHN
China Automotive Engineering Research Institute Co Ltd is an automobile company based in China. It is mainly engaged in the technical service for automobile and manufacturing operations of automobile including the development of various products, the technical consulting, test and the quality inspection and authentication. In addition, the company is specialized in research and development, manufacturing and marketing of special vehicles, with main products involving 5 types and 200-odd models including engineering dump trucks, concrete mixers, sanitation vehicles, logistics transport vehicles and integration vehicles.

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