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Compagnie de Transports au Maroc (CAS:CTM) E10 : MAD33.17 (As of Jun. 2023)


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What is Compagnie de Transports au Maroc 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.

Compagnie de Transports au Maroc's adjusted earnings per share data for the fiscal year that ended in Dec. 2022 was MAD0.029. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MAD33.17 for the trailing ten years ended in Dec. 2022.

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 (2024-06-19), Compagnie de Transports au Maroc's current stock price is MAD 657.90. Compagnie de Transports au Maroc's E10 for the fiscal year that ended in Dec. 2022 was MAD33.17. Compagnie de Transports au Maroc's Shiller PE Ratio of today is 19.83.

During the past 11 years, the highest Shiller PE Ratio of Compagnie de Transports au Maroc was 20.74. The lowest was 13.05. And the median was 17.64.


Compagnie de Transports au Maroc E10 Historical Data

The historical data trend for Compagnie de Transports au Maroc'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.

Compagnie de Transports au Maroc E10 Chart

Compagnie de Transports au Maroc Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 41.54 33.17

Compagnie de Transports au Maroc Semi-Annual Data
Dec12 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 41.54 - 33.17 -

Competitive Comparison of Compagnie de Transports au Maroc's E10

For the Railroads subindustry, Compagnie de Transports au Maroc'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.


Compagnie de Transports au Maroc's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Compagnie de Transports au Maroc's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Compagnie de Transports au Maroc's Shiller PE Ratio falls into.



Compagnie de Transports au Maroc 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, Compagnie de Transports au Maroc's adjusted earnings per share data for the fiscal year that ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.029/125.2218*125.2218
=0.029

Current CPI (Dec. 2022) = 125.2218.

Compagnie de Transports au Maroc Annual Data

per_share_eps CPI Adj_EPS
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201712 57.161 104.011 68.818
201812 54.020 105.998 63.817
201912 0.000 108.420 0.000
202012 0.000 109.897 0.000
202112 0.029 117.630 0.031
202212 0.029 125.222 0.029

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


Compagnie de Transports au Maroc  (CAS:CTM) 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.

Compagnie de Transports au Maroc's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=657.90/33.17
=19.83

* 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 11 years, the highest Shiller P/E Ratio of Compagnie de Transports au Maroc was 20.74. The lowest was 13.05. And the median was 17.64.


Be Aware

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


Compagnie de Transports au Maroc E10 Related Terms

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


Compagnie de Transports au Maroc (CAS:CTM) Business Description

Traded in Other Exchanges
N/A
Address
Km 13.5 Casa-Rabat Highway, Sidi Bernoussi, Casablanca, MAR, 20600
Compagnie de Transports au Maroc provides transportation services in Morocco. Its services include passenger transportation, express delivery, tourist transportation, among others.