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ALM Equity AB (OSTO:ALM) E10 : kr17.13 (As of Mar. 2024)


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What is ALM Equity AB 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.

ALM Equity AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-28.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr17.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ALM Equity AB's average E10 Growth Rate was -54.70% per year. During the past 3 years, the average E10 Growth Rate was 23.50% per year. During the past 5 years, the average E10 Growth Rate was 34.90% 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 ALM Equity AB was 77.80% per year. The lowest was 23.50% per year. And the median was 57.80% per year.

As of today (2024-06-06), ALM Equity AB's current stock price is kr194.00. ALM Equity AB's E10 for the quarter that ended in Mar. 2024 was kr17.13. ALM Equity AB's Shiller PE Ratio of today is 11.33.

During the past 13 years, the highest Shiller PE Ratio of ALM Equity AB was 97.86. The lowest was 9.74. And the median was 23.67.


ALM Equity AB E10 Historical Data

The historical data trend for ALM Equity AB'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.

ALM Equity AB E10 Chart

ALM Equity AB 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 9.91 10.76 41.68 38.93 20.27

ALM Equity AB 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 37.84 26.05 24.33 20.27 17.13

Competitive Comparison of ALM Equity AB's E10

For the Real Estate - Diversified subindustry, ALM Equity AB'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.


ALM Equity AB's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ALM Equity AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where ALM Equity AB's Shiller PE Ratio falls into.



ALM Equity AB 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, ALM Equity AB'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)
=-28.85/132.2054*132.2054
=-28.850

Current CPI (Mar. 2024) = 132.2054.

ALM Equity AB Quarterly Data

per share eps CPI Adj_EPS
201406 3.308 100.432 4.355
201409 5.617 100.161 7.414
201412 2.185 100.225 2.882
201503 2.961 99.950 3.917
201506 3.307 99.995 4.372
201509 5.887 100.228 7.765
201512 -3.165 100.276 -4.173
201603 -0.442 100.751 -0.580
201606 1.542 101.019 2.018
201609 2.551 101.138 3.335
201612 9.401 102.022 12.182
201703 3.210 102.022 4.160
201706 6.173 102.752 7.942
201709 2.415 103.279 3.091
201712 10.389 103.793 13.233
201803 2.490 103.962 3.166
201806 2.740 104.875 3.454
201809 -9.430 105.679 -11.797
201812 -1.040 105.912 -1.298
201903 10.330 105.886 12.898
201906 -1.240 106.742 -1.536
201909 -4.390 107.214 -5.413
201912 18.790 107.766 23.051
202003 8.090 106.563 10.037
202006 -0.620 107.498 -0.763
202009 1.130 107.635 1.388
202012 1.920 108.296 2.344
202103 -2.230 108.360 -2.721
202106 0.070 108.928 0.085
202109 2.460 110.338 2.948
202112 311.980 112.486 366.672
202203 9.730 114.825 11.203
202206 121.900 118.384 136.132
202209 -75.790 122.296 -81.931
202212 -135.380 126.365 -141.637
202303 -10.190 127.042 -10.604
202306 -125.030 129.407 -127.734
202309 -16.920 130.224 -17.178
202312 -42.450 131.912 -42.544
202403 -28.850 132.205 -28.850

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


ALM Equity AB  (OSTO:ALM) 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.

ALM Equity AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=194.00/17.13
=11.33

* 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 ALM Equity AB was 97.86. The lowest was 9.74. And the median was 23.67.


Be Aware

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


ALM Equity AB E10 Related Terms

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


ALM Equity AB (OSTO:ALM) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 59, Stockholm, SWE, 111 56
ALM Equity AB is a real estate development company. The company is engaged in residential development projects, construction management, financing solutions and digital services.

ALM Equity AB (OSTO:ALM) Headlines

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