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AF Gruppen ASA (AF Gruppen ASA) E10 : $0.65 (As of Mar. 2024)


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What is AF Gruppen ASA 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.

AF Gruppen ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.123. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AF Gruppen ASA's average E10 Growth Rate was 1.90% per year. During the past 3 years, the average E10 Growth Rate was 8.80% per year. During the past 5 years, the average E10 Growth Rate was 9.50% 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 AF Gruppen ASA was 11.60% per year. The lowest was 8.10% per year. And the median was 9.20% per year.

As of today (2024-06-25), AF Gruppen ASA's current stock price is $10.12. AF Gruppen ASA's E10 for the quarter that ended in Mar. 2024 was $0.65. AF Gruppen ASA's Shiller PE Ratio of today is 15.57.

During the past 13 years, the highest Shiller PE Ratio of AF Gruppen ASA was 29.97. The lowest was 12.81. And the median was 24.39.


AF Gruppen ASA E10 Historical Data

The historical data trend for AF Gruppen ASA'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.

AF Gruppen ASA E10 Chart

AF Gruppen ASA 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 0.66 0.67 0.85 0.88 0.72

AF Gruppen ASA 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 0.85 0.81 0.85 0.72 0.65

Competitive Comparison of AF Gruppen ASA's E10

For the Engineering & Construction subindustry, AF Gruppen ASA'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.


AF Gruppen ASA's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, AF Gruppen ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AF Gruppen ASA's Shiller PE Ratio falls into.



AF Gruppen ASA 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, AF Gruppen ASA'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)
=0.123/132.6000*132.6000
=0.123

Current CPI (Mar. 2024) = 132.6000.

AF Gruppen ASA Quarterly Data

per share eps CPI Adj_EPS
201406 0.205 97.500 0.279
201409 0.216 98.500 0.291
201412 0.229 98.600 0.308
201503 0.139 99.200 0.186
201506 0.227 100.100 0.301
201509 0.168 100.600 0.221
201512 0.370 100.900 0.486
201603 0.157 102.500 0.203
201606 0.200 103.800 0.255
201609 0.206 104.200 0.262
201612 0.305 104.400 0.387
201703 0.105 105.000 0.133
201706 0.209 105.800 0.262
201709 0.184 105.900 0.230
201712 0.281 106.100 0.351
201803 0.171 107.300 0.211
201806 0.189 108.500 0.231
201809 0.272 109.500 0.329
201812 0.322 109.800 0.389
201903 0.164 110.400 0.197
201906 0.293 110.600 0.351
201909 0.254 111.100 0.303
201912 0.247 111.300 0.294
202003 0.120 111.200 0.143
202006 0.164 112.100 0.194
202009 0.262 112.900 0.308
202012 0.470 112.900 0.552
202103 0.182 114.600 0.211
202106 0.248 115.300 0.285
202109 0.240 117.500 0.271
202112 0.430 118.900 0.480
202203 0.157 119.800 0.174
202206 0.274 122.600 0.296
202209 0.142 125.600 0.150
202212 0.347 125.900 0.365
202303 -0.003 127.600 -0.003
202306 0.159 130.400 0.162
202309 0.040 129.800 0.041
202312 0.153 131.900 0.154
202403 0.123 132.600 0.123

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


AF Gruppen ASA  (OTCPK:AGRUF) 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.

AF Gruppen ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.12/0.65
=15.57

* 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 AF Gruppen ASA was 29.97. The lowest was 12.81. And the median was 24.39.


Be Aware

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


AF Gruppen ASA E10 Related Terms

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


AF Gruppen ASA (AF Gruppen ASA) Business Description

Traded in Other Exchanges
Address
Innspurten 15, P.O. box 6272, Oslo, NOR, 0663
AF Gruppen ASA A is one of Norway's leading contracting and industrial groups. It provides civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants. AF Gruppen's customers are primarily public agencies and private companies.

AF Gruppen ASA (AF Gruppen ASA) Headlines