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Shenzhen Kinwong Electronic Co (SHSE:603228) E10 : ¥1.10 (As of Mar. 2024)


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What is Shenzhen Kinwong Electronic 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.

Shenzhen Kinwong Electronic Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.10 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-07), Shenzhen Kinwong Electronic Co's current stock price is ¥25.10. Shenzhen Kinwong Electronic Co's E10 for the quarter that ended in Mar. 2024 was ¥1.10. Shenzhen Kinwong Electronic Co's Shiller PE Ratio of today is 22.82.

During the past 13 years, the highest Shiller PE Ratio of Shenzhen Kinwong Electronic Co was 23.87. The lowest was 17.31. And the median was 21.36.


Shenzhen Kinwong Electronic Co E10 Historical Data

The historical data trend for Shenzhen Kinwong Electronic 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.

Shenzhen Kinwong Electronic Co E10 Chart

Shenzhen Kinwong Electronic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
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Shenzhen Kinwong Electronic 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 - - - - 1.10

Competitive Comparison of Shenzhen Kinwong Electronic Co's E10

For the Electronic Components subindustry, Shenzhen Kinwong Electronic 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.


Shenzhen Kinwong Electronic Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Kinwong Electronic Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Kinwong Electronic Co's Shiller PE Ratio falls into.



Shenzhen Kinwong Electronic 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, Shenzhen Kinwong Electronic 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)
=0.38/115.2271*115.2271
=0.380

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Kinwong Electronic Co Quarterly Data

per share eps CPI Adj_EPS
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.295 97.624 0.348
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 0.138 100.600 0.158
201603 0.148 102.200 0.167
201606 0.199 101.400 0.226
201609 0.230 102.400 0.259
201612 0.179 102.600 0.201
201703 0.189 103.200 0.211
201706 0.204 103.100 0.228
201709 0.250 104.100 0.277
201712 0.179 104.500 0.197
201803 0.194 105.300 0.212
201806 0.294 104.900 0.323
201809 0.414 106.600 0.448
201812 0.216 106.500 0.234
201903 0.229 107.700 0.245
201906 0.291 107.700 0.311
201909 0.240 109.800 0.252
201912 0.250 111.200 0.259
202003 0.260 112.300 0.267
202006 0.310 110.400 0.324
202009 0.250 111.700 0.258
202012 0.280 111.500 0.289
202103 0.300 112.662 0.307
202106 0.250 111.769 0.258
202109 0.290 112.215 0.298
202112 0.270 113.108 0.275
202203 0.210 114.335 0.212
202206 0.340 114.558 0.342
202209 0.340 115.339 0.340
202212 0.380 115.116 0.380
202303 0.250 115.116 0.250
202306 0.230 114.558 0.231
202309 0.350 115.339 0.350
202312 0.280 114.781 0.281
202403 0.380 115.227 0.380

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


Shenzhen Kinwong Electronic Co  (SHSE:603228) 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.

Shenzhen Kinwong Electronic Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.10/1.1
=22.82

* 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 Shenzhen Kinwong Electronic Co was 23.87. The lowest was 17.31. And the median was 21.36.


Be Aware

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


Shenzhen Kinwong Electronic Co E10 Related Terms

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


Shenzhen Kinwong Electronic Co (SHSE:603228) Business Description

Traded in Other Exchanges
N/A
Address
No.166, Shuiku Road, Tiegang Village, Xixiang Town, Baoan District, Shenzhen, CHN, 518102
Shenzhen Kinwong Electronic Co Ltd is engaged in manufacturing and sale of Printed Circuit Boards (PCB). The group offers multi-layer PCB and flexible PCB. The products of the company are applied in consumer electronics, automotive, controller and equipment, network telecommunication and IT & PC peripheral. The firm has built a strategic partnership with global top brands such as Microsoft, Hitachi, Sanyo, Foxconn, Emerson, Honeywell, Logitech, and so on. Geographically operates through the Chinese market.

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