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Air Water (Air Water) E10 : $1.01 (As of Dec. 2023)


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What is Air Water 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.

Air Water's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.418. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Air Water's average E10 Growth Rate was 9.00% per year. During the past 3 years, the average E10 Growth Rate was 7.80% per year. During the past 5 years, the average E10 Growth Rate was 6.70% 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 Air Water was 7.80% per year. The lowest was 4.70% per year. And the median was 7.40% per year.

As of today (2024-04-29), Air Water's current stock price is $13.16. Air Water's E10 for the quarter that ended in Dec. 2023 was $1.01. Air Water's Shiller PE Ratio of today is 13.03.

During the past 13 years, the highest Shiller PE Ratio of Air Water was 23.92. The lowest was 10.92. And the median was 14.66.


Air Water E10 Historical Data

The historical data trend for Air Water'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.

Air Water E10 Chart

Air Water Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.01 1.01 1.06 1.08

Air Water Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.05 1.08 0.92 1.02 1.01

Competitive Comparison of Air Water's E10

For the Specialty Chemicals subindustry, Air Water'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.


Air Water's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Air Water's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Air Water's Shiller PE Ratio falls into.



Air Water 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, Air Water's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.418/106.8000*106.8000
=0.418

Current CPI (Dec. 2023) = 106.8000.

Air Water Quarterly Data

per share eps CPI Adj_EPS
201403 0.208 95.700 0.232
201406 0.280 98.000 0.305
201409 0.217 98.500 0.235
201412 0.328 97.900 0.358
201503 0.122 97.900 0.133
201506 0.314 98.400 0.341
201509 0.213 98.500 0.231
201512 0.246 98.100 0.268
201603 0.071 97.900 0.077
201606 0.258 98.100 0.281
201609 0.252 98.000 0.275
201612 0.354 98.400 0.384
201703 0.181 98.100 0.197
201706 0.222 98.500 0.241
201709 0.282 98.800 0.305
201712 0.355 99.400 0.381
201803 0.309 99.200 0.333
201806 0.314 99.200 0.338
201809 0.230 99.900 0.246
201812 0.360 99.700 0.386
201903 0.357 99.700 0.382
201906 0.337 99.800 0.361
201909 0.301 100.100 0.321
201912 0.493 100.500 0.524
202003 0.283 100.300 0.301
202006 0.182 99.900 0.195
202009 0.260 99.900 0.278
202012 0.448 99.300 0.482
202103 0.252 99.900 0.269
202106 0.428 99.500 0.459
202109 0.398 100.100 0.425
202112 0.448 100.100 0.478
202203 0.412 101.100 0.435
202206 0.266 101.800 0.279
202209 0.253 103.100 0.262
202212 0.331 104.100 0.340
202303 0.449 104.400 0.459
202306 0.222 105.200 0.225
202309 0.302 106.200 0.304
202312 0.418 106.800 0.418

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


Air Water  (OTCPK:AWTRF) 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.

Air Water's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.16/1.01
=13.03

* 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 Air Water was 23.92. The lowest was 10.92. And the median was 14.66.


Be Aware

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


Air Water E10 Related Terms

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


Air Water (Air Water) Business Description

Traded in Other Exchanges
Address
12-8, Minami Semba 2-chome, Chuo-ku, Osaka, JPN, 542-0081
Air Water Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into five primary segments based on product type. The industrial gas segment, which generates the most revenue of any segment, sells gases including oxygen used in blast furnaces to produce steel. The chemical business sells coal and fine chemicals to the agricultural and pharmaceutical industries. The medical segment sells medical gases and sterilization equipment to hospitals and home-care facilities. The agricultural and food products segment sells delicatessen meat, frozen foods, and fruit and vegetable juices. The energy segment sells natural gas.

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