GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Moonbae Steel Co Ltd (XKRX:008420) » Definitions » E10

Moonbae Steel Co (XKRX:008420) E10 : ₩654.79 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Moonbae Steel Co 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.

Moonbae Steel Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩229.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩654.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Moonbae Steel Co's average E10 Growth Rate was 10.20% per year. During the past 3 years, the average E10 Growth Rate was 29.90% per year. During the past 5 years, the average E10 Growth Rate was 24.40% 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 Moonbae Steel Co was 29.90% per year. The lowest was 8.30% per year. And the median was 22.00% per year.

As of today (2024-06-10), Moonbae Steel Co's current stock price is ₩2960.00. Moonbae Steel Co's E10 for the quarter that ended in Mar. 2024 was ₩654.79. Moonbae Steel Co's Shiller PE Ratio of today is 4.52.

During the past 13 years, the highest Shiller PE Ratio of Moonbae Steel Co was 19.93. The lowest was 4.27. And the median was 10.70.


Moonbae Steel Co E10 Historical Data

The historical data trend for Moonbae Steel Co'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.

Moonbae Steel Co E10 Chart

Moonbae Steel Co 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 271.77 291.61 413.19 553.67 638.71

Moonbae Steel Co 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 594.43 615.89 638.26 638.71 654.79

Competitive Comparison of Moonbae Steel Co's E10

For the Steel subindustry, Moonbae Steel Co'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.


Moonbae Steel Co's Shiller PE Ratio Distribution in the Steel Industry

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

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



Moonbae Steel Co 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, Moonbae Steel Co'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)
=229/118.8477*118.8477
=229.000

Current CPI (Mar. 2024) = 118.8477.

Moonbae Steel Co Quarterly Data

per share eps CPI Adj_EPS
201406 15.000 99.353 17.943
201409 28.000 99.608 33.408
201412 47.000 99.098 56.367
201503 57.000 99.720 67.933
201506 184.000 100.050 218.570
201509 24.000 100.110 28.492
201512 51.000 100.220 60.479
201603 69.000 100.560 81.548
201606 108.000 100.790 127.349
201609 55.000 101.460 64.426
201612 176.000 101.560 205.959
201703 259.000 102.850 299.286
201706 48.000 102.610 55.596
201709 115.000 103.490 132.066
201712 134.000 102.990 154.632
201803 103.000 104.100 117.592
201806 26.000 104.130 29.675
201809 76.000 105.650 85.494
201812 58.000 104.350 66.058
201903 55.000 104.490 62.557
201906 66.000 104.880 74.790
201909 28.000 105.200 31.632
201912 -28.000 105.120 -31.657
202003 20.000 105.540 22.522
202006 129.000 104.870 146.194
202009 126.000 106.200 141.006
202012 165.000 105.765 185.409
202103 337.000 107.357 373.069
202106 472.000 107.579 521.443
202109 202.000 108.759 220.738
202112 283.000 109.676 306.665
202203 417.000 111.806 443.264
202206 206.000 114.083 214.604
202209 171.000 114.831 176.981
202212 544.000 115.200 561.224
202303 388.000 116.550 395.651
202306 236.000 117.140 239.441
202309 241.000 119.111 240.467
202312 90.000 118.848 90.000
202403 229.000 118.848 229.000

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


Moonbae Steel Co  (XKRX:008420) 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.

Moonbae Steel Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2960.00/654.79
=4.52

* 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 Moonbae Steel Co was 19.93. The lowest was 4.27. And the median was 10.70.


Be Aware

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


Moonbae Steel Co E10 Related Terms

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


Moonbae Steel Co (XKRX:008420) Business Description

Traded in Other Exchanges
N/A
Address
108, Bongnaedong 1-Ga, Jung-Gu, SEOUL, KOR, 100161
Moonbae Steel Co Ltd is engaged in the manufacturing and sale of steel products. The company offers hot-rolled steel plates, hot-rolled steel sheets, checkered steel plates, hot-rolled steel coils, mini-mill coils and other steel products including skelps, steel angles, and section steels.

Moonbae Steel Co (XKRX:008420) Headlines

No Headlines