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Innovation Medical Management Co (SZSE:002173) E10 : ¥-0.36 (As of Mar. 2024)


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What is Innovation Medical Management 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.

Innovation Medical Management Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥-0.007. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥-0.36 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -14.50% 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 Innovation Medical Management Co was 76.50% per year. The lowest was -31.40% per year. And the median was -14.50% per year.

As of today (2024-06-02), Innovation Medical Management Co's current stock price is ¥7.52. Innovation Medical Management Co's E10 for the quarter that ended in Mar. 2024 was ¥-0.36. Innovation Medical Management Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Innovation Medical Management Co was 1307.00. The lowest was 55.85. And the median was 112.79.


Innovation Medical Management Co E10 Historical Data

The historical data trend for Innovation Medical Management 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.

Innovation Medical Management Co E10 Chart

Innovation Medical Management 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 -0.15 -0.24 -0.29 -0.34 -0.36

Innovation Medical Management 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 -0.34 -0.35 -0.36 -0.36 -0.36

Competitive Comparison of Innovation Medical Management Co's E10

For the Luxury Goods subindustry, Innovation Medical Management 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.


Innovation Medical Management Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Innovation Medical Management Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Innovation Medical Management Co's Shiller PE Ratio falls into.



Innovation Medical Management 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, Innovation Medical Management 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)
=-0.007/115.2271*115.2271
=-0.007

Current CPI (Mar. 2024) = 115.2271.

Innovation Medical Management Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.010 98.200 0.012
201409 -0.020 98.900 -0.023
201412 -0.070 99.000 -0.081
201503 -0.030 99.900 -0.035
201506 -0.050 99.500 -0.058
201509 0.001 100.500 0.001
201512 -0.240 100.600 -0.275
201603 0.070 102.200 0.079
201606 0.070 101.400 0.080
201609 0.030 102.400 0.034
201612 0.100 102.600 0.112
201703 0.060 103.200 0.067
201706 0.070 103.100 0.078
201709 0.080 104.100 0.089
201712 0.100 104.500 0.110
201803 0.090 105.300 0.098
201806 0.100 104.900 0.110
201809 0.080 106.600 0.086
201812 -0.200 106.500 -0.216
201903 0.070 107.700 0.075
201906 -0.160 107.700 -0.171
201909 -0.040 109.800 -0.042
201912 -2.400 111.200 -2.487
202003 -0.080 112.300 -0.082
202006 -0.040 110.400 -0.042
202009 0.010 111.700 0.010
202012 -0.580 111.500 -0.599
202103 -0.050 112.662 -0.051
202106 0.000 111.769 0.000
202109 -0.030 112.215 -0.031
202112 -0.150 113.108 -0.153
202203 -0.032 114.335 -0.032
202206 -0.078 114.558 -0.078
202209 0.081 115.339 0.081
202212 -0.131 115.116 -0.131
202303 -0.005 115.116 -0.005
202306 -0.003 114.558 -0.003
202309 -0.024 115.339 -0.024
202312 -0.048 114.781 -0.048
202403 -0.007 115.227 -0.007

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


Innovation Medical Management Co  (SZSE:002173) 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.

During the past 13 years, the highest Shiller P/E Ratio of Innovation Medical Management Co was 1307.00. The lowest was 55.85. And the median was 112.79.


Be Aware

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


Innovation Medical Management Co E10 Related Terms

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


Innovation Medical Management Co (SZSE:002173) Business Description

Traded in Other Exchanges
N/A
Address
Pearl Industrial Park, Shanxiahu Town, Zhejiang Province, Zhuji, CHN, 311804
Innovation Medical Management Co Ltd is involved in diversified pearl industry. It is engaged in the pearl farming, processing, design and sales, import and export, tradeand research and bio pharmaceutical that develops pearls. It also has online store which offers pearl necklace, pendant, earrings, ring, bracelets and chain.
Executives
Ma Jian Jian Executives
Ruan Guang Yin Director
Chen Hai Jun Director
Wang Song Tao Director
He Yong Ji Director
Chen Xia Ying Director
Ma San Guang Directors, executives
Sun Bo Ren Director
Lou Lai Feng Directors, executives
Lou Yong Qi Supervisors

Innovation Medical Management Co (SZSE:002173) Headlines

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