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Jordanian Mutual Funds Management Co (AMM:FUND) E10 : JOD-0.09 (As of Dec. 2023)


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What is Jordanian Mutual Funds Management 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.

Jordanian Mutual Funds Management Co's adjusted earnings per share data for the three months ended in Dec. 2023 was JOD-0.095. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is JOD-0.09 for the trailing ten years ended in Dec. 2023.

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 (2024-06-06), Jordanian Mutual Funds Management Co's current stock price is JOD1.17. Jordanian Mutual Funds Management Co's E10 for the quarter that ended in Dec. 2023 was JOD-0.09. Jordanian Mutual Funds Management Co's Shiller PE Ratio of today is .


Jordanian Mutual Funds Management Co E10 Historical Data

The historical data trend for Jordanian Mutual Funds Management 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.

Jordanian Mutual Funds Management Co E10 Chart

Jordanian Mutual Funds Management 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 - - -0.08 -0.08 -0.09

Jordanian Mutual Funds Management Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.08 -0.08 -0.08 -0.07 -0.09

Competitive Comparison of Jordanian Mutual Funds Management Co's E10

For the Asset Management subindustry, Jordanian Mutual Funds Management 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.


Jordanian Mutual Funds Management Co's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Jordanian Mutual Funds Management Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jordanian Mutual Funds Management Co's Shiller PE Ratio falls into.



Jordanian Mutual Funds Management 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, Jordanian Mutual Funds Management Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.095/129.4194*129.4194
=-0.095

Current CPI (Dec. 2023) = 129.4194.

Jordanian Mutual Funds Management Co Quarterly Data

per share eps CPI Adj_EPS
201403 -0.022 99.695 -0.029
201406 -0.047 100.560 -0.060
201409 -0.003 100.428 -0.004
201412 0.063 99.070 0.082
201503 -0.017 99.621 -0.022
201506 0.028 100.684 0.036
201509 -0.100 100.392 -0.129
201512 -0.062 99.792 -0.080
201603 0.062 100.470 0.080
201606 0.024 101.688 0.031
201609 0.124 101.861 0.158
201612 0.032 101.863 0.041
201703 -0.087 102.862 -0.109
201706 -0.013 103.349 -0.016
201709 -0.004 104.136 -0.005
201712 -0.096 104.011 -0.119
201803 -0.004 105.290 -0.005
201806 -0.002 106.317 -0.002
201809 -0.060 106.507 -0.073
201812 -0.076 105.998 -0.093
201903 -0.001 107.251 -0.001
201906 -0.002 108.070 -0.002
201909 -0.105 108.329 -0.125
201912 0.070 108.420 0.084
202003 -0.010 108.902 -0.012
202006 -0.019 108.767 -0.023
202009 -0.008 109.815 -0.009
202012 -0.028 109.897 -0.033
202103 -0.010 111.754 -0.012
202106 -0.038 114.631 -0.043
202109 -0.015 115.734 -0.017
202112 -0.040 117.630 -0.044
202203 -0.011 121.301 -0.012
202206 -0.027 125.017 -0.028
202209 -0.087 125.227 -0.090
202212 -0.069 125.222 -0.071
202303 -0.003 127.348 -0.003
202306 -0.062 128.729 -0.062
202309 -0.026 129.860 -0.026
202312 -0.095 129.419 -0.095

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


Jordanian Mutual Funds Management Co  (AMM:FUND) 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.


Be Aware

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


Jordanian Mutual Funds Management Co E10 Related Terms

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


Jordanian Mutual Funds Management Co (AMM:FUND) Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, Madaba Bridge, P.O Box 921513, Rum Group for Transportation, Tourism Investment, Amman, JOR, 11192
Website
Jordanian Mutual Funds Management Co is a Jordan based fund management company. The company is engaged in establishing mutual funds, purchase and sales of shares and stocks for business purpose and managing investment funds.