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Han-Chang (XKRX:005110) E10 : ₩-495.41 (As of Mar. 2024)


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What is Han-Chang 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.

Han-Chang's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩101.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩-495.41 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -50.00% per year. During the past 5 years, the average E10 Growth Rate was -69.10% 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 Han-Chang was 17.40% per year. The lowest was -85.00% per year. And the median was -50.00% per year.

As of today (2024-06-08), Han-Chang's current stock price is ₩1254.00. Han-Chang's E10 for the quarter that ended in Mar. 2024 was ₩-495.41. Han-Chang's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Han-Chang was 4680.48. The lowest was 227.51. And the median was 782.12.


Han-Chang E10 Historical Data

The historical data trend for Han-Chang'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.

Han-Chang E10 Chart

Han-Chang 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 -58.53 -148.30 -238.29 -306.90 -500.31

Han-Chang 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 -341.30 -506.12 -479.76 -500.31 -495.41

Competitive Comparison of Han-Chang's E10

For the Conglomerates subindustry, Han-Chang'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.


Han-Chang's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Han-Chang's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Han-Chang's Shiller PE Ratio falls into.



Han-Chang 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, Han-Chang'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)
=101/118.8477*118.8477
=101.000

Current CPI (Mar. 2024) = 118.8477.

Han-Chang Quarterly Data

per share eps CPI Adj_EPS
201406 10.862 99.353 12.993
201409 101.376 99.608 120.957
201412 102.170 99.098 122.532
201503 14.482 99.720 17.260
201506 68.791 100.050 81.716
201509 -54.308 100.110 -64.473
201512 4.945 100.220 5.864
201603 -228.095 100.560 -269.576
201606 872.554 100.790 1,028.882
201609 47.067 101.460 55.133
201612 -220.854 101.560 -258.448
201703 47.067 102.850 54.388
201706 -25.344 102.610 -29.355
201709 141.202 103.490 162.156
201712 -3.621 102.990 -4.179
201803 677.044 104.100 772.960
201806 -170.166 104.130 -194.217
201809 235.336 105.650 264.734
201812 -677.044 104.350 -771.108
201903 550.324 104.490 625.943
201906 -173.787 104.880 -196.932
201909 -115.858 105.200 -130.888
201912 -738.593 105.120 -835.046
202003 -713.249 105.540 -803.184
202006 -39.826 104.870 -45.134
202009 35.000 106.200 39.168
202012 -828.206 105.765 -930.648
202103 225.000 107.357 249.082
202106 -135.000 107.579 -149.142
202109 -250.000 108.759 -273.190
202112 -1,485.000 109.676 -1,609.178
202203 15.000 111.806 15.945
202206 -400.000 114.083 -416.707
202209 585.000 114.831 605.461
202212 -640.000 115.200 -660.264
202303 -110.000 116.550 -112.169
202306 -1,735.000 117.140 -1,760.295
202309 340.000 119.111 339.248
202312 -115.419 118.848 -115.419
202403 101.000 118.848 101.000

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


Han-Chang  (XKRX:005110) 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 Han-Chang was 4680.48. The lowest was 227.51. And the median was 782.12.


Be Aware

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


Han-Chang E10 Related Terms

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


Han-Chang (XKRX:005110) Business Description

Traded in Other Exchanges
N/A
Address
2 Floor Holystar Building, 953-1, Doksan-Dong, Geumcheon-Gu, Seoul, KOR, 611-080
Han-Chang Corp is a South Korean company engaged in firefighting and disaster prevention business. The company is engaged in manufacturing of fire extinguisher and fire prevention system. The other businesses of the company include real estate development, distribution sector, and hotel management sector.

Han-Chang (XKRX:005110) Headlines

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