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Amcor (BSP:A1CR34) E10 : R$4.05 (As of Mar. 2024)


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What is Amcor 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.

Amcor's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.642. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$4.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Amcor's average E10 Growth Rate was -100.00% 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.

As of today (2024-05-02), Amcor's current stock price is R$46.15. Amcor's E10 for the quarter that ended in Mar. 2024 was R$4.05. Amcor's Shiller PE Ratio of today is 11.40.

During the past 13 years, the highest Shiller PE Ratio of Amcor was 16.03. The lowest was 10.51. And the median was 11.95.


Amcor E10 Historical Data

The historical data trend for Amcor'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.

Amcor E10 Chart

Amcor 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 - - - - 3.74

Amcor 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 3.59 3.74 4.07 3.92 4.05

Competitive Comparison of Amcor's E10

For the Packaging & Containers subindustry, Amcor'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.


Amcor's Shiller PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Amcor's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Amcor's Shiller PE Ratio falls into.



Amcor 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, Amcor'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)
=0.642/130.0000*130.0000
=0.642

Current CPI (Mar. 2024) = 130.0000.

Amcor Quarterly Data

per share eps CPI Adj_EPS
200106 0.000 75.000 0.000
200206 0.000 75.800 0.000
200306 0.000 76.700 0.000
200406 0.000 77.900 0.000
200506 0.000 79.400 0.000
200606 0.000 81.500 0.000
200706 0.000 83.500 0.000
200806 0.000 86.600 0.000
200906 0.000 88.100 0.000
201006 0.000 90.200 0.000
201106 0.000 93.500 0.000
201206 0.000 95.600 0.000
201306 0.000 98.000 0.000
201406 0.000 99.800 0.000
201506 0.000 100.100 0.000
201606 0.000 101.000 0.000
201706 0.000 103.500 0.000
201806 0.000 105.900 0.000
201812 0.466 107.100 0.566
201903 0.373 107.000 0.453
201906 0.239 107.900 0.288
201909 0.169 108.400 0.203
201912 0.472 108.500 0.566
202003 0.557 108.600 0.667
202006 0.586 108.800 0.700
202009 0.680 109.200 0.810
202012 0.715 109.400 0.850
202103 0.975 109.700 1.155
202106 0.825 111.400 0.963
202109 0.692 112.400 0.800
202112 0.837 114.700 0.949
202203 0.886 116.500 0.989
202206 0.368 120.500 0.397
202209 0.813 122.300 0.864
202212 1.610 125.300 1.670
202303 0.620 126.800 0.636
202306 0.597 129.400 0.600
202309 0.519 130.100 0.519
202312 0.451 130.000 0.451
202403 0.642 130.000 0.642

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


Amcor  (BSP:A1CR34) 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.

Amcor's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=46.15/4.05
=11.40

* 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 Amcor was 16.03. The lowest was 10.51. And the median was 11.95.


Be Aware

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


Amcor E10 Related Terms

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


Amcor (BSP:A1CR34) Business Description

Traded in Other Exchanges
Address
83 Tower Road North, Warmley, Bristol, GBR, BS30 8XP
Amcor is a global manufacturer of flexible and rigid plastic packaging and provides packaging solutions to the food, beverage, pharmaceuticals, medical, household, personal care, and industrials sectors. Operations span more than 40 countries and over 200 locations. Around half of group sales are derived from North America, one quarter from Europe, and the remainder from emerging markets. Amcor operates two distinct businesses: flexibles and rigids. Flexibles accounts for about 80% of earnings and produces plastic, aluminium, and fibre-based packaging. Rigids accounts for about 20% of earnings and consists primarily of hot-fill and cold-fill polyethylene terephthalate bottling solutions in the North American and Latin American markets.

Amcor (BSP:A1CR34) Headlines

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