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Al-Ammal Financial Investments Co (AMM:AMAL) E10 : JOD0.05 (As of Mar. 2024)


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What is Al-Ammal Financial Investments 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.

Al-Ammal Financial Investments Co's adjusted earnings per share data for the three months ended in Mar. 2024 was JOD-0.006. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is JOD0.05 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 (2024-06-13), Al-Ammal Financial Investments Co's current stock price is JOD0.90. Al-Ammal Financial Investments Co's E10 for the quarter that ended in Mar. 2024 was JOD0.05. Al-Ammal Financial Investments Co's Shiller PE Ratio of today is 18.00.

During the past 13 years, the highest Shiller PE Ratio of Al-Ammal Financial Investments Co was 20.20. The lowest was 1.21. And the median was 18.80.


Al-Ammal Financial Investments Co E10 Historical Data

The historical data trend for Al-Ammal Financial Investments 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.

Al-Ammal Financial Investments Co E10 Chart

Al-Ammal Financial Investments 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 - - 0.78 0.05 0.05

Al-Ammal Financial Investments 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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Al-Ammal Financial Investments Co's E10

For the Capital Markets subindustry, Al-Ammal Financial Investments 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.


Al-Ammal Financial Investments Co's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Al-Ammal Financial Investments Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Al-Ammal Financial Investments Co's Shiller PE Ratio falls into.



Al-Ammal Financial Investments 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, Al-Ammal Financial Investments 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)
=-0.006/131.7762*131.7762
=-0.006

Current CPI (Mar. 2024) = 131.7762.

Al-Ammal Financial Investments Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.011 100.560 0.014
201409 0.008 100.428 0.010
201412 0.009 99.070 0.012
201503 0.016 99.621 0.021
201506 0.018 100.684 0.024
201509 0.035 100.392 0.046
201512 -0.014 99.792 -0.018
201603 0.018 100.470 0.024
201606 0.012 101.688 0.016
201609 0.009 101.861 0.012
201612 0.001 101.863 0.001
201703 0.012 102.862 0.015
201706 0.008 103.349 0.010
201709 0.008 104.136 0.010
201712 -0.007 104.011 -0.009
201803 0.007 105.290 0.009
201806 0.010 106.317 0.012
201809 -0.010 106.507 -0.012
201812 0.010 105.998 0.012
201903 0.010 107.251 0.012
201906 0.010 108.070 0.012
201909 0.010 108.329 0.012
201912 0.000 108.420 0.000
202003 0.004 108.902 0.005
202006 -0.002 108.767 -0.002
202009 0.000 109.815 0.000
202012 0.047 109.897 0.056
202103 0.013 111.754 0.015
202106 0.010 114.631 0.011
202109 0.056 115.734 0.064
202112 0.011 117.630 0.012
202203 -0.027 121.301 -0.029
202206 0.057 125.017 0.060
202209 -0.007 125.227 -0.007
202212 0.007 125.222 0.007
202303 0.014 127.348 0.014
202306 0.006 128.729 0.006
202309 -0.012 129.860 -0.012
202312 0.019 129.419 0.019
202403 -0.006 131.776 -0.006

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


Al-Ammal Financial Investments Co  (AMM:AMAL) 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.

Al-Ammal Financial Investments Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.90/0.05
=18.00

* 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 Al-Ammal Financial Investments Co was 20.20. The lowest was 1.21. And the median was 18.80.


Be Aware

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


Al-Ammal Financial Investments Co E10 Related Terms

Thank you for viewing the detailed overview of Al-Ammal Financial Investments Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Al-Ammal Financial Investments Co (AMM:AMAL) Business Description

Traded in Other Exchanges
N/A
Address
Queen Noor Street, Housing Bank Complex, P.O.Box 961598, Amman, JOR, 11196
Al-Ammal Financial Investments Co is engaged in performing commission brokerage business, dealing with securities for its own account, and providing financial consulting, leasing, and mortgage of movable and immovable assets for the purposes of achieving the Company's objectives. The company has two operating sectors; Financial Brokerage Sector, and Financial Investments Sector. Its revenue includes Brokerage commissions, Margin finance commissions, Margin finance interest, and interest income, Interest income, Dividend revenue, and Other revenue.