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Kia (XKRX:000270) E10 : ₩9,414.17 (As of Mar. 2024)


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What is Kia 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.

Kia's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩7,159.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩9,414.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kia's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 10.90% per year. During the past 5 years, the average E10 Growth Rate was 5.30% 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 Kia was 10.90% per year. The lowest was 1.40% per year. And the median was 3.30% per year.

As of today (2024-05-21), Kia's current stock price is ₩114400.00. Kia's E10 for the quarter that ended in Mar. 2024 was ₩9,414.17. Kia's Shiller PE Ratio of today is 12.15.

During the past 13 years, the highest Shiller PE Ratio of Kia was 15.44. The lowest was 3.49. And the median was 6.57.


Kia E10 Historical Data

The historical data trend for Kia'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.

Kia E10 Chart

Kia 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 6,916.11 6,572.91 7,038.98 7,621.11 8,957.38

Kia 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 8,012.40 8,416.48 8,850.39 8,957.38 9,414.17

Competitive Comparison of Kia's E10

For the Auto Manufacturers subindustry, Kia'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.


Kia's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kia's Shiller PE Ratio distribution charts can be found below:

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



Kia 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, Kia'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)
=7159.17/118.8477*118.8477
=7,159.170

Current CPI (Mar. 2024) = 118.8477.

Kia Quarterly Data

per share eps CPI Adj_EPS
201406 2,528.000 99.353 3,024.035
201409 1,623.000 99.608 1,936.489
201412 1,078.000 99.098 1,292.840
201503 2,237.000 99.720 2,666.088
201506 1,862.000 100.050 2,211.838
201509 1,372.000 100.110 1,628.799
201512 1,074.000 100.220 1,273.622
201603 2,358.000 100.560 2,786.823
201606 2,059.000 100.790 2,427.894
201609 1,657.000 101.460 1,940.968
201612 799.000 101.560 935.007
201703 1,909.000 102.850 2,205.933
201706 972.000 102.610 1,125.816
201709 -728.000 103.490 -836.034
201712 261.000 102.990 301.187
201803 1,077.000 104.100 1,229.577
201806 828.000 104.130 945.029
201809 743.000 105.650 835.815
201812 235.000 104.350 267.649
201903 1,619.000 104.490 1,841.463
201906 1,261.000 104.880 1,428.937
201909 813.000 105.200 918.471
201912 864.000 105.120 976.830
202003 663.000 105.540 746.599
202006 315.000 104.870 356.985
202009 333.000 106.200 372.658
202012 2,398.000 105.765 2,694.613
202103 2,582.000 107.357 2,858.353
202106 3,349.000 107.579 3,699.815
202109 2,830.000 108.759 3,092.511
202112 3,113.000 109.676 3,373.314
202203 2,576.000 111.806 2,738.245
202206 4,692.000 114.083 4,887.971
202209 1,144.000 114.831 1,184.013
202212 5,083.000 115.200 5,243.939
202303 5,323.000 116.550 5,427.958
202306 7,130.000 117.140 7,233.949
202309 5,620.000 119.111 5,607.567
202312 4,099.000 118.848 4,099.000
202403 7,159.170 118.848 7,159.170

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


Kia  (XKRX:000270) 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.

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

Shiller PE Ratio=Share Price/E10
=114400.00/9414.17
=12.15

* 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 Kia was 15.44. The lowest was 3.49. And the median was 6.57.


Be Aware

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


Kia E10 Related Terms

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


Kia (XKRX:000270) Business Description

Traded in Other Exchanges
N/A
Address
12 Heolleung-ro, Seocho-gu, Seoul, KOR, 06797
Kia Corp is a Korean motor-vehicle manufacturer. While the company has factories in several countries, the majority of vehicles are manufactured domestically. The company's consolidated revenue is principally derived from the manufacture of passenger vehicles, with another third from recreational vehicles, and a small footprint in commercial vehicles. The three largest individual countries together constitute more than half of total retail sales, with the United States contributing the largest portion, followed closely by China and then Korea.

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