GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Canada (OTCPK:ACDVF) » Definitions » E10

Air Canada (Air Canada) E10 : $0.00 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Air Canada 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.

Air Canada's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.163. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -219.70% 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 Air Canada was 47.70% per year. The lowest was -219.70% per year. And the median was -86.00% per year.

As of today (2024-05-04), Air Canada's current stock price is $13.72. Air Canada's E10 for the quarter that ended in Mar. 2024 was $0.00. Air Canada's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Air Canada was 516.40. The lowest was 7.76. And the median was 28.86.


Air Canada E10 Historical Data

The historical data trend for Air Canada'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.

Air Canada E10 Chart

Air Canada 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 1.23 -0.02 -0.78 -1.12 -0.74

Air Canada 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 -1.04 -0.90 -0.76 -0.74 -

Competitive Comparison of Air Canada's E10

For the Airlines subindustry, Air Canada'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.


Air Canada's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air Canada's Shiller PE Ratio distribution charts can be found below:

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



Air Canada 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, Air Canada'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)
=-0.163/125.4675*125.4675
=-0.163

Current CPI (Mar. 2024) = 125.4675.

Air Canada Quarterly Data

per share eps CPI Adj_EPS
201406 0.693 99.473 0.874
201409 0.999 99.394 1.261
201412 -0.304 98.367 -0.388
201503 -0.856 99.789 -1.076
201506 0.809 100.500 1.010
201509 1.116 100.421 1.394
201512 -0.299 99.947 -0.375
201603 0.265 101.054 0.329
201606 0.512 102.002 0.630
201609 2.090 101.765 2.577
201612 -0.472 101.449 -0.584
201703 -0.037 102.634 -0.045
201706 0.850 103.029 1.035
201709 5.066 103.345 6.150
201712 0.008 103.345 0.010
201803 -0.572 105.004 -0.683
201806 -0.282 105.557 -0.335
201809 1.956 105.636 2.323
201812 -0.982 105.399 -1.169
201903 0.942 106.979 1.105
201906 0.948 107.690 1.104
201909 1.775 107.611 2.070
201912 0.440 107.769 0.512
202003 -2.865 107.927 -3.331
202006 -4.752 108.401 -5.500
202009 -1.746 108.164 -2.025
202012 -3.037 108.559 -3.510
202103 -3.103 110.298 -3.530
202106 -2.709 111.720 -3.042
202109 -1.413 112.905 -1.570
202112 -1.055 113.774 -1.163
202203 -2.148 117.646 -2.291
202206 -1.250 120.806 -1.298
202209 -1.065 120.648 -1.108
202212 0.346 120.964 0.359
202303 -0.022 122.702 -0.022
202306 1.761 124.203 1.779
202309 2.276 125.230 2.280
202312 0.306 125.468 0.306
202403 -0.163 125.468 -0.163

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


Air Canada  (OTCPK:ACDVF) 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 Air Canada was 516.40. The lowest was 7.76. And the median was 28.86.


Be Aware

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


Air Canada E10 Related Terms

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


Air Canada (Air Canada) Business Description

Traded in Other Exchanges
Address
7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3
Air Canada is Canada's largest airline, generally serving nearly 50 million passengers each year together with its low-cost sub-brand called Rouge and contracts for regional connection flights to its network. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2022, the company generated CAD 16.6 billion in total revenue, down from CAD 19 billion in 2019 as the airline is still recovering from the pandemic and related travel restrictions.