GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SCB Life Assurance PLC (BKK:SCBLIF) » Definitions » E10

SCB Life Assurance (BKK:SCBLIF) E10 : ฿51.63 (As of Mar. 2015)


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

What is SCB Life Assurance 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.

SCB Life Assurance's adjusted earnings per share data for the fiscal year that ended in Dec. 2014 was ฿87.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿51.63 for the trailing ten years ended in Dec. 2014.

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 (2024-06-07), SCB Life Assurance's current stock price is ฿ 1148.00. SCB Life Assurance's E10 for the fiscal year that ended in Dec. 2014 was ฿51.63. SCB Life Assurance's Shiller PE Ratio of today is 22.24.


SCB Life Assurance E10 Historical Data

The historical data trend for SCB Life Assurance'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.

SCB Life Assurance E10 Chart

SCB Life Assurance Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 44.63 51.63

SCB Life Assurance Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 47.14 49.77 51.34 51.63 54.78

Competitive Comparison of SCB Life Assurance's E10

For the Insurance - Life subindustry, SCB Life Assurance'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.


SCB Life Assurance's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, SCB Life Assurance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SCB Life Assurance's Shiller PE Ratio falls into.



SCB Life Assurance 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, SCB Life Assurance's adjusted earnings per share data for the fiscal year that ended in Dec. 2014 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2014 (Change)*Current CPI (Dec. 2014)
=87.71/99.0697*99.0697
=87.710

Current CPI (Dec. 2014) = 99.0697.

SCB Life Assurance Annual Data

per_share_eps CPI Adj_EPS
200512 4.640 83.032 5.536
200612 7.190 85.142 8.366
200712 12.000 88.616 13.416
200812 17.980 88.697 20.083
200912 23.790 91.111 25.868
201012 31.810 92.474 34.079
201112 37.580 95.213 39.102
201212 51.840 96.871 53.017
201312 71.190 98.326 71.729
201412 87.710 99.070 87.710

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


SCB Life Assurance  (BKK:SCBLIF) 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.

SCB Life Assurance's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1148.00/51.63
=22.24

* 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.


Be Aware

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


SCB Life Assurance E10 Related Terms

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


SCB Life Assurance (BKK:SCBLIF) Business Description

Traded in Other Exchanges
N/A
Address
SCB Life Assurance PLC was established on 24 June 1976. The Company provides life and health insurance services. It also offers mortgage protection insurance including group insurance to both individual and institutional clients and management.

SCB Life Assurance (BKK:SCBLIF) Headlines

No Headlines