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AVJennings (ASX:AVJ) E10 : A$0.06 (As of Jun. 2024)


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What is AVJennings 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.

AVJennings's adjusted earnings per share data for the fiscal year that ended in Jun. 2024 was A$0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is A$0.06 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average E10 Growth Rate was 26.00% per year. During the past 5 years, the average E10 Growth Rate was 18.90% per year. During the past 10 years, the average E10 Growth Rate was 15.90% 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 AVJennings was 44.20% per year. The lowest was -51.90% per year. And the median was 5.35% per year.

As of today (2024-12-11), AVJennings's current stock price is A$ 0.63. AVJennings's E10 for the fiscal year that ended in Jun. 2024 was A$0.06. AVJennings's Shiller PE Ratio of today is 10.50.

During the past 13 years, the highest Shiller PE Ratio of AVJennings was 57.87. The lowest was 4.17. And the median was 16.92.


AVJennings E10 Historical Data

The historical data trend for AVJennings'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.

AVJennings E10 Chart

AVJennings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.05 0.06 0.06

AVJennings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.06 - 0.06

Competitive Comparison of AVJennings's E10

For the Real Estate - Development subindustry, AVJennings'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.


AVJennings's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AVJennings's Shiller PE Ratio distribution charts can be found below:

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



AVJennings 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, AVJennings's adjusted earnings per share data for the fiscal year that ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.002/128.9064*128.9064
=0.002

Current CPI (Jun. 2024) = 128.9064.

AVJennings Annual Data

per_share_eps CPI Adj_EPS
201506 0.078 99.838 0.101
201606 0.093 100.859 0.119
201706 0.080 102.809 0.100
201806 0.070 104.945 0.086
201906 0.035 106.617 0.042
202006 0.019 106.246 0.023
202106 0.040 110.332 0.047
202206 0.028 117.112 0.031
202306 0.045 124.170 0.047
202406 0.002 128.906 0.002

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


AVJennings  (ASX:AVJ) 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.

AVJennings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.63/0.06
=10.50

* 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 AVJennings was 57.87. The lowest was 4.17. And the median was 16.92.


Be Aware

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


AVJennings E10 Related Terms

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


AVJennings Business Description

Traded in Other Exchanges
Address
108 Power Street, Level 4, Hawthorn, Melbourne, VIC, AUS, 3122
AVJennings Ltd is engaged in the residential development business. The company's operations include the Australian States and New Zealand where the company operates activities relating to reportable segments which are Jurisdictions that include Land Development, Integrated Housing, and apartment development; Other segments include numerous low-value items, amongst which are interest. The firm's segments include NSW, VIC, QLD, SA, NZ, and Other. The company generates maximum revenue from NSW and VIC.

AVJennings Headlines

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