GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Indorama Ventures PCL (BKK:IVL) » Definitions » E10

Indorama Ventures PCL (BKK:IVL) E10 : ฿2.70 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Indorama Ventures PCL 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.

Indorama Ventures PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was ฿0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿2.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Indorama Ventures PCL's average E10 Growth Rate was -5.30% per year. During the past 3 years, the average E10 Growth Rate was 10.00% per year. During the past 5 years, the average E10 Growth Rate was 4.90% 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 Indorama Ventures PCL was 10.00% per year. The lowest was -0.60% per year. And the median was 8.00% per year.

As of today (2024-06-20), Indorama Ventures PCL's current stock price is ฿19.70. Indorama Ventures PCL's E10 for the quarter that ended in Mar. 2024 was ฿2.70. Indorama Ventures PCL's Shiller PE Ratio of today is 7.30.

During the past 13 years, the highest Shiller PE Ratio of Indorama Ventures PCL was 26.99. The lowest was 7.33. And the median was 14.73.


Indorama Ventures PCL E10 Historical Data

The historical data trend for Indorama Ventures PCL'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.

Indorama Ventures PCL E10 Chart

Indorama Ventures PCL 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 2.22 1.99 2.18 2.80 2.65

Indorama Ventures PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.85 2.87 2.87 2.65 2.70

Competitive Comparison of Indorama Ventures PCL's E10

For the Chemicals subindustry, Indorama Ventures PCL'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.


Indorama Ventures PCL's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Indorama Ventures PCL's Shiller PE Ratio falls into.



Indorama Ventures PCL 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, Indorama Ventures PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.17/131.7762*131.7762
=0.170

Current CPI (Mar. 2024) = 131.7762.

Indorama Ventures PCL Quarterly Data

per share eps CPI Adj_EPS
201406 0.300 100.560 0.393
201409 0.130 100.428 0.171
201412 -0.190 99.070 -0.253
201503 0.040 99.621 0.053
201506 1.080 100.684 1.414
201509 0.060 100.392 0.079
201512 -0.030 99.792 -0.040
201603 0.800 100.470 1.049
201606 1.180 101.688 1.529
201609 0.610 101.861 0.789
201612 0.560 101.863 0.724
201703 0.870 102.862 1.115
201706 0.560 103.349 0.714
201709 0.640 104.136 0.810
201712 1.920 104.011 2.433
201803 1.030 105.290 1.289
201806 1.450 106.317 1.797
201809 1.750 106.507 2.165
201812 0.350 105.998 0.435
201903 0.610 107.251 0.749
201906 0.360 108.070 0.439
201909 0.090 108.329 0.109
201912 -0.310 108.420 -0.377
202003 0.070 108.902 0.085
202006 -0.010 108.767 -0.012
202009 0.030 109.815 0.036
202012 0.226 109.897 0.271
202103 1.040 111.754 1.226
202106 1.450 114.631 1.667
202109 1.130 115.734 1.287
202112 0.930 117.630 1.042
202203 2.470 121.301 2.683
202206 3.580 125.017 3.774
202209 1.420 125.227 1.494
202212 -2.080 125.222 -2.189
202303 0.150 127.348 0.155
202306 0.040 128.729 0.041
202309 0.001 129.860 0.001
202312 -2.250 129.419 -2.291
202403 0.170 131.776 0.170

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


Indorama Ventures PCL  (BKK:IVL) 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.

Indorama Ventures PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.70/2.7
=7.30

* 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 Indorama Ventures PCL was 26.99. The lowest was 7.33. And the median was 14.73.


Be Aware

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


Indorama Ventures PCL E10 Related Terms

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


Indorama Ventures PCL (BKK:IVL) Business Description

Traded in Other Exchanges
Address
Asoke Road, Klongtoeynua, 37th Floor, Soi Sukhumvit 19, 75/102, Ocean Tower II, Wattana, Bangkok, THA, 10110
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives, and Fibers. The maximum revenue is derived from the Combined PET segment.

Indorama Ventures PCL (BKK:IVL) Headlines

No Headlines