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Gulf Hotels Group BSC (BAH:GHG) E10 : BHD0.04 (As of Sep. 2024)


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What is Gulf Hotels Group BSC 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.

Gulf Hotels Group BSC's adjusted earnings per share data for the three months ended in Sep. 2024 was BHD0.005. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BHD0.04 for the trailing ten years ended in Sep. 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 (2024-12-12), Gulf Hotels Group BSC's current stock price is BHD0.351. Gulf Hotels Group BSC's E10 for the quarter that ended in Sep. 2024 was BHD0.04. Gulf Hotels Group BSC's Shiller PE Ratio of today is 8.78.

During the past 13 years, the highest Shiller PE Ratio of Gulf Hotels Group BSC was 37.00. The lowest was 3.00. And the median was 10.25.


Gulf Hotels Group BSC E10 Historical Data

The historical data trend for Gulf Hotels Group BSC'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.

Gulf Hotels Group BSC E10 Chart

Gulf Hotels Group BSC 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 - - 0.10 -0.02 0.04

Gulf Hotels Group BSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Gulf Hotels Group BSC's E10

For the Lodging subindustry, Gulf Hotels Group BSC'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.


Gulf Hotels Group BSC's Shiller PE Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Gulf Hotels Group BSC's Shiller PE Ratio falls into.



Gulf Hotels Group BSC 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, Gulf Hotels Group BSC's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.005/133.0289*133.0289
=0.005

Current CPI (Sep. 2024) = 133.0289.

Gulf Hotels Group BSC Quarterly Data

per share eps CPI Adj_EPS
201412 0.009 99.070 0.012
201503 0.016 99.621 0.021
201506 0.015 100.684 0.020
201509 0.009 100.392 0.012
201512 0.007 99.792 0.009
201603 0.014 100.470 0.019
201606 0.035 101.688 0.046
201609 0.013 101.861 0.017
201612 0.011 101.863 0.014
201703 0.015 102.862 0.019
201706 0.011 103.349 0.014
201709 0.012 104.136 0.015
201712 0.011 104.011 0.014
201803 0.013 105.290 0.016
201806 0.008 106.317 0.010
201809 0.005 106.507 0.006
201812 0.006 105.998 0.008
201903 0.010 107.251 0.012
201906 0.002 108.070 0.002
201909 0.006 108.329 0.007
201912 0.007 108.420 0.009
202003 0.005 108.902 0.006
202006 -0.018 108.767 -0.022
202009 -0.008 109.815 -0.010
202012 -0.015 109.897 -0.018
202103 -0.001 111.754 -0.001
202106 -0.002 114.631 -0.002
202109 0.004 115.734 0.005
202112 0.014 117.630 0.016
202203 0.009 121.301 0.010
202206 0.003 125.017 0.003
202209 0.006 125.227 0.006
202212 0.012 125.222 0.013
202303 0.014 127.348 0.015
202306 0.005 128.729 0.005
202309 0.003 129.860 0.003
202312 0.008 129.419 0.008
202403 0.012 131.776 0.012
202406 0.009 132.554 0.009
202409 0.005 133.029 0.005

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


Gulf Hotels Group BSC  (BAH:GHG) 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.

Gulf Hotels Group BSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.351/0.04
=8.78

* 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 Gulf Hotels Group BSC was 37.00. The lowest was 3.00. And the median was 10.25.


Be Aware

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


Gulf Hotels Group BSC E10 Related Terms

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


Gulf Hotels Group BSC Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 580, Manama, BHR
Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel room operations including Hotel rooms and rental and executive apartments and offices, Food and beverages segment including retail sale of food and beverages and convention operations, and Investments and other activities segment. Majority of the revenue is generated from its Food and beverages segment. Geographically, majority of the revenue for the company is generated from Kingdom of Bahrain and rest from United Arab Emirates and Sri Lanka.