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The Star Entertainment Group (ASX:SGR) E10 : A$-0.09 (As of Dec. 2023)


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What is The Star Entertainment Group 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.

The Star Entertainment Group's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was A$-1.957. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is A$-0.09 for the trailing ten years ended in Jun. 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 (2024-04-28), The Star Entertainment Group's current stock price is A$ 0.39. The Star Entertainment Group's E10 for the fiscal year that ended in Jun. 2023 was A$-0.09. The Star Entertainment Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of The Star Entertainment Group was 28.95. The lowest was 8.78. And the median was 21.06.


The Star Entertainment Group E10 Historical Data

The historical data trend for The Star Entertainment Group'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.

The Star Entertainment Group E10 Chart

The Star Entertainment Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.15 0.13 0.11 -0.09

The Star Entertainment Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 0.11 - -0.09 -

Competitive Comparison of The Star Entertainment Group's E10

For the Resorts & Casinos subindustry, The Star Entertainment Group'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.


The Star Entertainment Group's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Star Entertainment Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where The Star Entertainment Group's Shiller PE Ratio falls into.



The Star Entertainment Group 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, The Star Entertainment Group's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-1.957/124.1700*124.1700
=-1.957

Current CPI (Jun. 2023) = 124.1700.

The Star Entertainment Group Annual Data

per_share_eps CPI Adj_EPS
201406 0.110 98.352 0.139
201506 0.175 99.838 0.218
201606 0.201 100.859 0.247
201706 0.272 102.809 0.329
201806 0.149 104.945 0.176
201906 0.175 106.617 0.204
202006 -0.088 106.246 -0.103
202106 0.052 110.332 0.059
202206 -0.181 117.112 -0.192
202306 -1.957 124.170 -1.957

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


The Star Entertainment Group  (ASX:SGR) 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 The Star Entertainment Group was 28.95. The lowest was 8.78. And the median was 21.06.


Be Aware

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


The Star Entertainment Group E10 Related Terms

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


The Star Entertainment Group (ASX:SGR) Business Description

Traded in Other Exchanges
Address
159 William Street, Level 3, Brisbane, QLD, AUS, 4000
The Star Entertainment Group operates three hotel and casino complexes in Australia: The Star in Sydney (licence expiring in 2093, with electronic gaming machine exclusivity expiring in 2041), The Star Gold Coast (a perpetual licence), and Treasury Casino and Hotel in Brisbane (licence expiring in 2070). The Queen's Wharf development in Brisbane will have a 99-year licence on completion in 2024 (with a 25-year exclusivity period), replacing the Treasury Casino and Hotel, which will be repurposed into a hotel and retail site.

The Star Entertainment Group (ASX:SGR) Headlines

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