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Hayleys (COL:HAYL.N0000) E10 : රු9.06 (As of Jun. 2024)


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What is Hayleys 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.

Hayleys's adjusted earnings per share data for the three months ended in Jun. 2024 was රු1.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is රු9.06 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Hayleys's average E10 Growth Rate was 13.00% 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 (2024-09-22), Hayleys's current stock price is රු91.40. Hayleys's E10 for the quarter that ended in Jun. 2024 was රු9.06. Hayleys's Shiller PE Ratio of today is 10.09.

During the past 13 years, the highest Shiller PE Ratio of Hayleys was 12.04. The lowest was 3.82. And the median was 9.12.


Hayleys E10 Historical Data

The historical data trend for Hayleys'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.

Hayleys E10 Chart

Hayleys Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 10.98 8.88

Hayleys Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.02 8.01 8.21 8.88 9.06

Competitive Comparison of Hayleys's E10

For the Conglomerates subindustry, Hayleys'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.


Hayleys's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hayleys's Shiller PE Ratio distribution charts can be found below:

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



Hayleys 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, Hayleys's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.87/132.5538*132.5538
=1.870

Current CPI (Jun. 2024) = 132.5538.

Hayleys Quarterly Data

per share eps CPI Adj_EPS
201409 0.789 100.428 1.041
201412 0.981 99.070 1.313
201503 1.183 99.621 1.574
201506 0.697 100.684 0.918
201509 0.839 100.392 1.108
201512 0.712 99.792 0.946
201603 1.909 100.470 2.519
201606 0.475 101.688 0.619
201609 0.769 101.861 1.001
201612 0.710 101.863 0.924
201703 1.759 102.862 2.267
201706 -0.200 103.349 -0.257
201709 0.224 104.136 0.285
201712 0.237 104.011 0.302
201803 1.103 105.290 1.389
201806 -0.348 106.317 -0.434
201809 -0.191 106.507 -0.238
201812 0.586 105.998 0.733
201903 0.308 107.251 0.381
201906 -0.731 108.070 -0.897
201909 0.011 108.329 0.013
201912 0.905 108.420 1.106
202003 0.315 108.902 0.383
202006 -0.380 108.767 -0.463
202009 2.200 109.815 2.656
202012 3.630 109.897 4.378
202103 4.730 111.754 5.610
202106 2.900 114.631 3.353
202109 3.720 115.734 4.261
202112 6.040 117.630 6.806
202203 11.680 121.301 12.764
202206 13.990 125.017 14.833
202209 5.400 125.227 5.716
202212 0.030 125.222 0.032
202303 2.390 127.348 2.488
202306 0.040 128.729 0.041
202309 0.050 129.860 0.051
202312 2.820 129.419 2.888
202403 6.280 131.776 6.317
202406 1.870 132.554 1.870

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


Hayleys  (COL:HAYL.N0000) 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.

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

Shiller PE Ratio=Share Price/E10
=91.40/9.06
=10.09

* 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 Hayleys was 12.04. The lowest was 3.82. And the median was 9.12.


Be Aware

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


Hayleys E10 Related Terms

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


Hayleys Business Description

Traded in Other Exchanges
N/A
Address
Number 400, Deans Road, P.O. Box 70, Hayley Building, Colombo, LKA, 10
Hayleys PLC is a holding company engaged in the provision of management services. The company operates through the following segments: Eco Solutions, Hand Protection, Purification Products, Textiles, Construction Materials, Agriculture, Plantations, Consumer and Retail, Leisure, Industry Inputs, Power and Energy, Transportation and Logistics, and Others. Geographically, it derives revenue from Asia, Australia, Europe, the United States, Africa, and others.

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