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Cebu Air (Cebu Air) E10 : $-0.12 (As of Mar. 2024)


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What is Cebu Air 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.

Cebu Air's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.033. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.12 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-22), Cebu Air's current stock price is $1.20. Cebu Air's E10 for the quarter that ended in Mar. 2024 was $-0.12. Cebu Air's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Cebu Air was 193.60. The lowest was 4.12. And the median was 12.11.


Cebu Air E10 Historical Data

The historical data trend for Cebu Air'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.

Cebu Air E10 Chart

Cebu Air Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.17 0.09 -0.01 -0.14

Cebu Air Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.14 -0.11 -0.11 -0.11 -0.12

Competitive Comparison of Cebu Air's E10

For the Airlines subindustry, Cebu Air'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.


Cebu Air's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cebu Air's Shiller PE Ratio distribution charts can be found below:

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



Cebu Air 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, Cebu Air'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)
=0.033/131.7762*131.7762
=0.033

Current CPI (Mar. 2024) = 131.7762.

Cebu Air Quarterly Data

per share eps CPI Adj_EPS
201403 0.005 99.695 0.007
201406 0.086 100.560 0.113
201409 -0.031 100.428 -0.041
201412 -0.035 99.070 -0.047
201503 0.063 99.621 0.083
201506 0.085 100.684 0.111
201509 -0.047 100.392 -0.062
201512 0.024 99.792 0.032
201603 0.115 100.470 0.151
201606 0.105 101.688 0.136
201609 0.001 101.861 0.001
201612 0.076 101.863 0.098
201703 0.036 102.862 0.046
201706 0.087 103.349 0.111
201709 0.001 104.136 0.001
201712 0.100 104.011 0.127
201803 0.041 105.290 0.051
201806 0.053 106.317 0.066
201809 -0.015 106.507 -0.019
201812 0.033 105.998 0.041
201903 0.097 107.251 0.119
201906 0.109 108.070 0.133
201909 -0.011 108.329 -0.013
201912 0.067 108.420 0.081
202003 -0.034 108.902 -0.041
202006 -0.228 108.767 -0.276
202009 -0.159 109.815 -0.191
202012 -0.217 109.897 -0.260
202103 -0.209 111.754 -0.246
202106 -0.184 114.631 -0.212
202109 -0.231 115.734 -0.263
202112 -0.085 117.630 -0.095
202203 -0.219 121.301 -0.238
202206 -0.053 125.017 -0.056
202209 -0.071 125.227 -0.075
202212 -0.059 125.222 -0.062
202303 0.017 127.348 0.018
202306 0.074 128.729 0.076
202309 0.035 129.860 0.036
202403 0.033 131.776 0.033

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


Cebu Air  (OTCPK:CEBUF) 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 Cebu Air was 193.60. The lowest was 4.12. And the median was 12.11.


Be Aware

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


Cebu Air E10 Related Terms

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


Cebu Air (Cebu Air) Business Description

Traded in Other Exchanges
Address
Sergio Osmena Boulevard, Level 4, Unit 4030-4031, Robinsons Galleria Cebu, General Maxilom Avenue cor, Cebu, CEB, PHL, 6000
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company and CEBGO) and the line and light maintenance business (A-Plus). The revenue of the operating segment was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and Others, out of which the majority is from the Philippines.

Cebu Air (Cebu Air) Headlines

From GuruFocus

Baron Funds Comments on Cebu Air Inc.

By Holly LaFon Holly LaFon 12-10-2013