GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aecon Group Inc (OTCPK:AEGXF) » Definitions » E10

Aecon Group (Aecon Group) E10 : $0.74 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Aecon Group 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.

Aecon Group's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.074. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aecon Group's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 6.20% per year. During the past 5 years, the average E10 Growth Rate was 5.00% per year. During the past 10 years, the average E10 Growth Rate was 4.50% 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 Aecon Group was 46.50% per year. The lowest was -3.30% per year. And the median was 9.50% per year.

As of today (2024-04-27), Aecon Group's current stock price is $12.39. Aecon Group's E10 for the quarter that ended in Mar. 2024 was $0.74. Aecon Group's Shiller PE Ratio of today is 16.74.

During the past 13 years, the highest Shiller PE Ratio of Aecon Group was 44.50. The lowest was 9.21. And the median was 20.98.


Aecon Group E10 Historical Data

The historical data trend for Aecon Group'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.

Aecon Group E10 Chart

Aecon Group 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 0.59 0.76 0.67 0.58 0.73

Aecon Group 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 0.63 0.66 0.72 0.73 0.74

Competitive Comparison of Aecon Group's E10

For the Engineering & Construction subindustry, Aecon Group'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.


Aecon Group's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aecon Group's Shiller PE Ratio distribution charts can be found below:

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



Aecon Group 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, Aecon Group'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)
=-0.074/125.4675*125.4675
=-0.074

Current CPI (Mar. 2024) = 125.4675.

Aecon Group Quarterly Data

per share eps CPI Adj_EPS
201406 -0.212 99.473 -0.267
201409 0.445 99.394 0.562
201412 0.416 98.367 0.531
201503 -0.238 99.789 -0.299
201506 0.170 100.500 0.212
201509 0.264 100.421 0.330
201512 0.496 99.947 0.623
201603 -0.219 101.054 -0.272
201606 0.093 102.002 0.114
201609 0.320 101.765 0.395
201612 0.360 101.449 0.445
201703 -0.239 102.634 -0.292
201706 0.008 103.029 0.010
201709 0.301 103.345 0.365
201712 0.274 103.345 0.333
201803 -0.247 105.004 -0.295
201806 0.099 105.557 0.118
201809 0.460 105.636 0.546
201812 0.335 105.399 0.399
201903 -0.120 106.979 -0.141
201906 0.233 107.690 0.271
201909 0.453 107.611 0.528
201912 0.235 107.769 0.274
202003 -0.136 107.927 -0.158
202006 -0.074 108.401 -0.086
202009 0.748 108.164 0.868
202012 0.359 108.559 0.415
202103 -0.247 110.298 -0.281
202106 0.221 111.720 0.248
202109 0.442 112.905 0.491
202112 0.148 113.774 0.163
202203 -0.229 117.646 -0.244
202206 -0.078 120.806 -0.081
202209 0.337 120.648 0.350
202212 0.228 120.964 0.236
202303 -0.110 122.702 -0.112
202306 0.286 124.203 0.289
202309 1.205 125.230 1.207
202312 0.112 125.468 0.112
202403 -0.074 125.468 -0.074

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


Aecon Group  (OTCPK:AEGXF) 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.

Aecon Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.39/0.74
=16.74

* 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 Aecon Group was 44.50. The lowest was 9.21. And the median was 20.98.


Be Aware

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


Aecon Group E10 Related Terms

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


Aecon Group (Aecon Group) Business Description

Traded in Other Exchanges
Address
20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. The company generates the majority of its revenue from the Construction segment.

Aecon Group (Aecon Group) Headlines