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Southern Steel Bhd (XKLS:5665) E10 : RM-0.24 (As of Mar. 2024)


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What is Southern Steel Bhd 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.

Southern Steel Bhd's adjusted earnings per share data for the three months ended in Mar. 2024 was RM-0.011. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM-0.24 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 (2024-05-27), Southern Steel Bhd's current stock price is RM0.575. Southern Steel Bhd's E10 for the quarter that ended in Mar. 2024 was RM-0.24. Southern Steel Bhd's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Southern Steel Bhd was 93.00. The lowest was 0.00. And the median was 42.38.


Southern Steel Bhd E10 Historical Data

The historical data trend for Southern Steel Bhd'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.

Southern Steel Bhd E10 Chart

Southern Steel Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.18 -0.22

Southern Steel Bhd 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 -0.21 -0.22 -0.23 -0.23 -0.24

Competitive Comparison of Southern Steel Bhd's E10

For the Steel subindustry, Southern Steel Bhd'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.


Southern Steel Bhd's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Southern Steel Bhd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Southern Steel Bhd's Shiller PE Ratio falls into.



Southern Steel Bhd 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, Southern Steel Bhd'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)
=-0.011/131.7762*131.7762
=-0.011

Current CPI (Mar. 2024) = 131.7762.

Southern Steel Bhd Quarterly Data

per share eps CPI Adj_EPS
201406 0.033 100.560 0.043
201409 -0.050 100.428 -0.066
201412 -0.141 99.070 -0.188
201503 -0.085 99.621 -0.112
201506 -0.003 100.684 -0.004
201509 -0.124 100.392 -0.163
201512 -0.113 99.792 -0.149
201603 -0.021 100.470 -0.028
201606 -0.269 101.688 -0.349
201609 0.033 101.861 0.043
201612 0.063 101.863 0.082
201703 0.054 102.862 0.069
201706 0.011 103.349 0.014
201709 0.090 104.136 0.114
201712 0.118 104.011 0.149
201803 0.088 105.290 0.110
201806 0.081 106.317 0.100
201809 0.003 106.507 0.004
201812 -0.102 105.998 -0.127
201903 -0.096 107.251 -0.118
201906 -0.080 108.070 -0.098
201909 -0.105 108.329 -0.128
201912 -0.772 108.420 -0.938
202003 -0.075 108.902 -0.091
202006 -0.097 108.767 -0.118
202009 -0.047 109.815 -0.056
202012 0.018 109.897 0.022
202103 0.069 111.754 0.081
202106 0.041 114.631 0.047
202109 0.054 115.734 0.061
202112 0.057 117.630 0.064
202203 0.005 121.301 0.005
202206 -0.276 125.017 -0.291
202209 -0.108 125.227 -0.114
202212 -0.102 125.222 -0.107
202303 0.003 127.348 0.003
202306 -0.030 128.729 -0.031
202309 -0.066 129.860 -0.067
202312 -0.018 129.419 -0.018
202403 -0.011 131.776 -0.011

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


Southern Steel Bhd  (XKLS:5665) 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 Southern Steel Bhd was 93.00. The lowest was 0.00. And the median was 42.38.


Be Aware

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


Southern Steel Bhd E10 Related Terms

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


Southern Steel Bhd (XKLS:5665) Business Description

Traded in Other Exchanges
N/A
Address
2435, Lorong Perusahaan 12, Prai Industrial Estate, Prai, PNG, MYS, 13600
Southern Steel Bhd is an investment holding company. The company's operating segment includes Steel products and Investment holding and others and Hot rolled coil operations. Its Steel products segment includes manufacturing, sale, and trading in billets, steel bars, wire rods, wire mesh, pre-stressed concrete strands, bars and wires, steel pipes, steel wires, and other related products. Geographically, the group has its business in the regions of Malaysia, Taiwan, Papua New Guinea , Philippines, Bangladesh, Japan, Singapore, Indonesia, the United States of America, Australian and others of which majority of the revenue is derived from the Malaysia region.

Southern Steel Bhd (XKLS:5665) Headlines

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