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A P Moller Maersk AS (CHIX:MAERAC) E10 : kr2,005.59 (As of Sep. 2024)


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What is A P Moller Maersk AS 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.

A P Moller Maersk AS's adjusted earnings per share data for the three months ended in Sep. 2024 was kr1,296.574. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr2,005.59 for the trailing ten years ended in Sep. 2024.

During the past 12 months, A P Moller Maersk AS's average E10 Growth Rate was 0.60% per year. During the past 3 years, the average E10 Growth Rate was 64.60% per year. During the past 5 years, the average E10 Growth Rate was 33.90% 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 A P Moller Maersk AS was 64.60% per year. The lowest was -25.00% per year. And the median was 35.30% per year.

As of today (2024-12-11), A P Moller Maersk AS's current stock price is kr11710.00. A P Moller Maersk AS's E10 for the quarter that ended in Sep. 2024 was kr2,005.59. A P Moller Maersk AS's Shiller PE Ratio of today is 5.84.

During the past 13 years, the highest Shiller PE Ratio of A P Moller Maersk AS was 31.34. The lowest was 3.87. And the median was 9.49.


A P Moller Maersk AS E10 Historical Data

The historical data trend for A P Moller Maersk AS'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.

A P Moller Maersk AS E10 Chart

A P Moller Maersk AS 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 492.21 467.53 977.73 2,180.62 2,164.40

A P Moller Maersk AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2,234.19 2,164.40 2,185.59 2,072.23 2,005.59

Competitive Comparison of A P Moller Maersk AS's E10

For the Marine Shipping subindustry, A P Moller Maersk AS'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.


A P Moller Maersk AS's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A P Moller Maersk AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where A P Moller Maersk AS's Shiller PE Ratio falls into.



A P Moller Maersk AS 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, A P Moller Maersk AS's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1296.574/118.9000*118.9000
=1,296.574

Current CPI (Sep. 2024) = 118.9000.

A P Moller Maersk AS Quarterly Data

per share eps CPI Adj_EPS
201412 42.246 99.400 50.534
201503 496.469 100.200 589.123
201506 325.654 100.300 386.044
201509 239.209 100.200 283.852
201512 -822.360 99.800 -979.746
201603 66.986 100.200 79.487
201606 33.105 100.600 39.127
201609 139.419 100.200 165.438
201612 -909.760 100.300 -1,078.469
201703 83.464 101.200 98.062
201706 -86.064 101.200 -101.117
201709 -468.413 101.800 -547.095
201712 113.193 101.300 132.859
201803 797.320 101.700 932.167
201806 -38.271 102.300 -44.481
201809 121.482 102.400 141.057
201812 13.116 102.100 15.274
201903 -211.392 102.900 -244.262
201906 46.286 102.900 53.483
201909 162.684 102.900 187.980
201912 -24.088 102.900 -27.833
202003 67.646 103.300 77.862
202006 139.054 103.200 160.209
202009 303.115 103.500 348.216
202012 403.616 103.400 464.119
202103 868.514 104.300 990.089
202106 1,191.312 105.000 1,349.019
202109 1,814.012 105.800 2,038.620
202112 2,099.339 106.600 2,341.570
202203 2,451.157 109.900 2,651.889
202206 3,266.838 113.600 3,419.252
202209 3,660.779 116.400 3,739.404
202212 1,980.458 115.900 2,031.721
202303 910.738 117.300 923.161
202306 584.112 116.400 596.657
202309 216.619 117.400 219.387
202312 -157.200 116.700 -160.163
202403 75.458 118.400 75.777
202406 353.614 118.500 354.808
202409 1,296.574 118.900 1,296.574

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


A P Moller Maersk AS  (CHIX:MAERAc) 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.

A P Moller Maersk AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11710.00/2005.59
=5.84

* 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 A P Moller Maersk AS was 31.34. The lowest was 3.87. And the median was 9.49.


Be Aware

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


A P Moller Maersk AS E10 Related Terms

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


A P Moller Maersk AS Business Description

Address
Esplanaden 50, Copenhagen, DNK, 1263
Denmark-listed A.P. Moller-Maersk operates trade, shipping, logistics and terminal assets globally. The oceans segment, the largest contributor to group revenue and earnings, has the second-largest oceangoing shipping capacity globally. Maersk has acquired several logistics firms in the past couple of years and plans for the segment to be the company's growth engine. Over the past few years, Maersk has divested noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations and ocean towing.

A P Moller Maersk AS Headlines

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