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Airports Of Thailand (BKK:AOT) E10 : ฿0.95 (As of Dec. 2023)


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What is Airports Of Thailand 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.

Airports Of Thailand's adjusted earnings per share data for the three months ended in Dec. 2023 was ฿0.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.95 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Airports Of Thailand's average E10 Growth Rate was -3.10% per year. During the past 3 years, the average E10 Growth Rate was -5.60% per year. During the past 5 years, the average E10 Growth Rate was -0.50% 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 Airports Of Thailand was 4.80% per year. The lowest was -5.60% per year. And the median was -3.10% per year.

As of today (2024-04-28), Airports Of Thailand's current stock price is ฿64.00. Airports Of Thailand's E10 for the quarter that ended in Dec. 2023 was ฿0.95. Airports Of Thailand's Shiller PE Ratio of today is 67.37.

During the past 13 years, the highest Shiller PE Ratio of Airports Of Thailand was 146.94. The lowest was 42.00. And the median was 66.30.


Airports Of Thailand E10 Historical Data

The historical data trend for Airports Of Thailand'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.

Airports Of Thailand E10 Chart

Airports Of Thailand Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.13 1.06 1.00 0.95

Airports Of Thailand 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 0.98 0.96 0.97 0.95 0.95

Competitive Comparison of Airports Of Thailand's E10

For the Airports & Air Services subindustry, Airports Of Thailand'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.


Airports Of Thailand's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Airports Of Thailand's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Airports Of Thailand's Shiller PE Ratio falls into.



Airports Of Thailand 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, Airports Of Thailand'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)
=0.32/129.4194*129.4194
=0.320

Current CPI (Dec. 2023) = 129.4194.

Airports Of Thailand Quarterly Data

per share eps CPI Adj_EPS
201403 0.259 99.695 0.336
201406 0.174 100.560 0.224
201409 0.159 100.428 0.205
201412 0.274 99.070 0.358
201503 0.342 99.621 0.444
201506 0.285 100.684 0.366
201509 0.409 100.392 0.527
201512 0.324 99.792 0.420
201603 0.380 100.470 0.489
201606 0.350 101.688 0.445
201609 0.298 101.861 0.379
201612 0.360 101.863 0.457
201703 0.450 102.862 0.566
201706 0.380 103.349 0.476
201709 0.265 104.136 0.329
201712 0.440 104.011 0.547
201803 0.510 105.290 0.627
201806 0.450 106.317 0.548
201809 0.367 106.507 0.446
201812 0.450 105.998 0.549
201903 0.540 107.251 0.652
201906 0.410 108.070 0.491
201909 0.358 108.329 0.428
201912 0.510 108.420 0.609
202003 0.260 108.902 0.309
202006 -0.210 108.767 -0.250
202009 -0.261 109.815 -0.308
202012 -0.240 109.897 -0.283
202103 -0.260 111.754 -0.301
202106 -0.290 114.631 -0.327
202109 -0.361 115.734 -0.404
202112 -0.300 117.630 -0.330
202203 -0.230 121.301 -0.245
202206 -0.150 125.017 -0.155
202209 -0.100 125.227 -0.103
202212 0.020 125.222 0.021
202303 0.130 127.348 0.132
202306 0.220 128.729 0.221
202309 0.240 129.860 0.239
202312 0.320 129.419 0.320

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


Airports Of Thailand  (BKK:AOT) 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.

Airports Of Thailand's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=64.00/0.95
=67.37

* 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 Airports Of Thailand was 146.94. The lowest was 42.00. And the median was 66.30.


Be Aware

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


Airports Of Thailand E10 Related Terms

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


Airports Of Thailand (BKK:AOT) Business Description

Address
No. 333, Cherdwutagard Road, Srikan, Don Mueang, Bangkok, THA, 10210
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. Revenue is generated primarily from two sources: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue primarily results from office and state property rents. Additionally, Airports of Thailand has invested in other companies to provide services and products related to its airports. Its investments are wide-ranging, including hotels, aviation fuel services, and catering services.

Airports Of Thailand (BKK:AOT) Headlines

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