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Tahoe Group Co (SZSE:000732) E10 : ¥-0.16 (As of Mar. 2023)


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What is Tahoe Group 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.

Tahoe Group Co's adjusted earnings per share data for the three months ended in Mar. 2023 was ¥-0.244. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥-0.16 for the trailing ten years ended in Mar. 2023.

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 (2024-05-28), Tahoe Group Co's current stock price is ¥0.43. Tahoe Group Co's E10 for the quarter that ended in Mar. 2023 was ¥-0.16. Tahoe Group Co's Shiller PE Ratio of today is .


Tahoe Group Co E10 Historical Data

The historical data trend for Tahoe Group 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.

Tahoe Group Co E10 Chart

Tahoe Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.51 0.29 0.11 -0.12

Tahoe Group Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.09 0.03 -0.02 -0.12 -0.16

Competitive Comparison of Tahoe Group Co's E10

For the Real Estate - Development subindustry, Tahoe Group 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.


Tahoe Group Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tahoe Group Co's Shiller PE Ratio distribution charts can be found below:

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



Tahoe Group 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, Tahoe Group Co's adjusted earnings per share data for the three months ended in Mar. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.244/115.1156*115.1156
=-0.244

Current CPI (Mar. 2023) = 115.1156.

Tahoe Group Co Quarterly Data

per share eps CPI Adj_EPS
201306 0.117 95.984 0.140
201309 0.060 97.332 0.071
201312 0.102 97.624 0.120
201403 0.086 98.600 0.100
201406 0.123 98.200 0.144
201409 0.096 98.900 0.112
201412 0.081 99.000 0.094
201503 0.117 99.900 0.135
201506 0.161 99.500 0.186
201509 0.126 100.500 0.144
201512 0.213 100.600 0.244
201603 0.129 102.200 0.145
201606 0.182 101.400 0.207
201609 0.176 102.400 0.198
201612 0.198 102.600 0.222
201703 0.093 103.200 0.104
201706 0.230 103.100 0.257
201709 0.180 104.100 0.199
201712 0.351 104.500 0.387
201803 0.096 105.300 0.105
201806 0.300 104.900 0.329
201809 0.185 106.600 0.200
201812 0.446 106.500 0.482
201903 0.391 107.700 0.418
201906 0.236 107.700 0.252
201909 0.225 109.800 0.236
201912 -0.665 111.200 -0.688
202003 -0.227 112.300 -0.233
202006 -0.409 110.400 -0.426
202009 -0.157 111.700 -0.162
202012 -1.216 111.500 -1.255
202103 -0.143 112.662 -0.146
202106 -0.200 111.769 -0.206
202109 0.036 112.215 0.037
202112 -1.306 113.108 -1.329
202203 -0.163 114.335 -0.164
202206 -0.653 114.558 -0.656
202209 -0.439 115.339 -0.438
202212 -0.904 115.116 -0.904
202303 -0.244 115.116 -0.244

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


Tahoe Group Co  (SZSE:000732) 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.


Be Aware

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


Tahoe Group Co E10 Related Terms

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


Tahoe Group Co (SZSE:000732) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 East Second Ring Road, Cross Island Road, Taihe square, Taihe center, 20-31 layer, Jinan District, Fuzhou, CHN, 350001
Tahoe Group Co Ltd is a real estate development company. The portfolio owned by the firm includes office buildings, hotel apartments, and commercial pedestrian streets. Geographically, the business operations of the company are located across China mainly in Beijing and Shanghai.
Executives
Shen Li Nan Executives
Ge Yong Directors, executives
Zhu Jin Kang Executives
Huang Qi Sen Directors, executives
Ding Yu Kun Supervisors

Tahoe Group Co (SZSE:000732) Headlines

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