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AIB Group (DUB:A5G) E10 : €0.35 (As of Dec. 2023)


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What is AIB 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.

AIB Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was €0.757. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.35 for the trailing ten years ended in Dec. 2023.

During the past 12 months, AIB Group's average E10 Growth Rate was 94.40% 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 AIB Group was 94.30% per year. The lowest was -232.20% per year. And the median was 8.10% per year.

As of today (2024-05-24), AIB Group's current stock price is € 5.18. AIB Group's E10 for the fiscal year that ended in Dec. 2023 was €0.35. AIB Group's Shiller PE Ratio of today is 14.80.

During the past 13 years, the highest Shiller PE Ratio of AIB Group was 23.87. The lowest was 0.21. And the median was 17.17.


AIB Group E10 Historical Data

The historical data trend for AIB 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.

AIB Group E10 Chart

AIB 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 -151.65 -0.18 -0.04 0.18 0.35

AIB Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -0.04 - 0.18 - 0.35

Competitive Comparison of AIB Group's E10

For the Banks - Regional subindustry, AIB 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.


AIB Group's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, AIB Group's Shiller PE Ratio distribution charts can be found below:

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



AIB 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, AIB Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.757/120.7486*120.7486
=0.757

Current CPI (Dec. 2023) = 120.7486.

AIB Group Annual Data

per_share_eps CPI Adj_EPS
201412 0.437 99.576 0.530
201512 0.344 99.676 0.417
201612 0.486 99.676 0.589
201712 0.397 100.075 0.479
201812 0.389 100.773 0.466
201912 0.121 102.068 0.143
202012 -0.300 101.072 -0.358
202112 0.214 106.653 0.242
202212 0.261 115.436 0.273
202312 0.757 120.749 0.757

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


AIB Group  (DUB:A5G) 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.

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

Shiller PE Ratio=Share Price/E10
=5.18/0.35
=14.80

* 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 AIB Group was 23.87. The lowest was 0.21. And the median was 17.17.


Be Aware

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


AIB Group E10 Related Terms

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


AIB Group (DUB:A5G) Business Description

Traded in Other Exchanges
Address
10 Molesworth Street, Dublin 2, IRL
AIB Group PLC is a banking services company. The company's operating segments are Retail Banking; Capital Markets; AIB UK and Group. It generates maximum revenue from the Retail Banking segment. Retail Banking segment comprises Homes and Consumer, SME and Financial Solutions Group (FSG) in a single integrated segment, focused on meeting the current, emerging and future needs of personal and SME customers. Geographically, it derives a majority of revenue from Ireland and also has a presence in the United Kingdom and the Rest of the World.

AIB Group (DUB:A5G) Headlines

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