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EVE Energy Co (SZSE:300014) E10 : ¥0.90 (As of Mar. 2024)


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What is EVE Energy 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.

EVE Energy Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ¥0.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥0.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, EVE Energy Co's average E10 Growth Rate was 18.40% per year. During the past 3 years, the average E10 Growth Rate was 31.30% per year. During the past 5 years, the average E10 Growth Rate was 31.90% 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 EVE Energy Co was 34.10% per year. The lowest was 26.00% per year. And the median was 31.95% per year.

As of today (2024-06-09), EVE Energy Co's current stock price is ¥41.29. EVE Energy Co's E10 for the quarter that ended in Mar. 2024 was ¥0.90. EVE Energy Co's Shiller PE Ratio of today is 45.88.

During the past 13 years, the highest Shiller PE Ratio of EVE Energy Co was 303.57. The lowest was 29.19. And the median was 95.34.


EVE Energy Co E10 Historical Data

The historical data trend for EVE Energy 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.

EVE Energy Co E10 Chart

EVE Energy 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 0.30 0.38 0.53 0.70 0.86

EVE Energy 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 0.76 0.80 0.85 0.86 0.90

Competitive Comparison of EVE Energy Co's E10

For the Electrical Equipment & Parts subindustry, EVE Energy 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.


EVE Energy Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, EVE Energy Co's Shiller PE Ratio distribution charts can be found below:

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



EVE Energy 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, EVE Energy 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)
=0.52/115.2271*115.2271
=0.520

Current CPI (Mar. 2024) = 115.2271.

EVE Energy Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.033 98.200 0.039
201409 0.013 98.900 0.015
201412 0.028 99.000 0.033
201503 0.037 99.900 0.043
201506 0.042 99.500 0.049
201509 0.042 100.500 0.048
201512 0.076 100.600 0.087
201603 0.047 102.200 0.053
201606 0.063 101.400 0.072
201609 0.086 102.400 0.097
201612 0.115 102.600 0.129
201703 0.032 103.200 0.036
201706 0.110 103.100 0.123
201709 0.058 104.100 0.064
201712 0.047 104.500 0.052
201803 0.047 105.300 0.051
201806 0.042 104.900 0.046
201809 0.137 106.600 0.148
201812 0.121 106.500 0.131
201903 0.121 107.700 0.129
201906 0.179 107.700 0.192
201909 0.360 109.800 0.378
201912 0.190 111.200 0.197
202003 0.140 112.300 0.144
202006 0.060 110.400 0.063
202009 0.320 111.700 0.330
202012 0.380 111.500 0.393
202103 0.340 112.662 0.348
202106 0.450 111.769 0.464
202109 0.380 112.215 0.390
202112 0.370 113.108 0.377
202203 0.270 114.335 0.272
202206 0.450 114.558 0.453
202209 0.680 115.339 0.679
202212 0.430 115.116 0.430
202303 0.560 115.116 0.561
202306 0.490 114.558 0.493
202309 0.610 115.339 0.609
202312 0.310 114.781 0.311
202403 0.520 115.227 0.520

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


EVE Energy Co  (SZSE:300014) 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.

EVE Energy Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=41.29/0.9
=45.88

* 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 EVE Energy Co was 303.57. The lowest was 29.19. And the median was 95.34.


Be Aware

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


EVE Energy Co E10 Related Terms

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


EVE Energy Co (SZSE:300014) Business Description

Traded in Other Exchanges
N/A
Address
EVE Industrial Park, Xikeng Industrial zone, Huihuan Town, Huizhou, Guangdong, CHN
EVE Energy Co Ltd is a China-based company. The company's main business is the development, production, sales of lithium primary batteries, lithium-ion batteries. Lithium primary battery is used in smart meter (water, electricity, gas, heat meter), remote data acquisition system, intelligent security, smart home, intelligent transportation, data storage, medical equipment, oil drilling, military applications and other fields, is a driving force.
Executives
Liu Jian Hua Directors, executives
Ai Xin Ping Director
Li Mu Fen Executives
Sang Tian Executives
Lei Qiao Ping Independent director
Yuan Zhong Zhi Supervisors
Liu Jin Cheng Director
Wang Shi Feng Executives
Wang Yue Lin Independent director
Tang Qiu Ying Directors, executives
Sun Bin Executives
Huang Wei Yan Executives
Duan Cheng Supervisors
Han Ji Yun Directors, executives
Yu Dong Sheng Executives

EVE Energy Co (SZSE:300014) Headlines

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