GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melia Hotels International SA (FRA:MEL) » Definitions » E10

Melia Hotels International (FRA:MEL) E10 : €0.02 (As of Sep. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Melia Hotels International 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.

Melia Hotels International's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.02 for the trailing ten years ended in Sep. 2024.

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 (2024-12-11), Melia Hotels International's current stock price is €6.975. Melia Hotels International's E10 for the quarter that ended in Sep. 2024 was €0.02. Melia Hotels International's Shiller PE Ratio of today is 348.75.

During the past 13 years, the highest Shiller PE Ratio of Melia Hotels International was 409.11. The lowest was 10.41. And the median was 27.87.


Melia Hotels International E10 Historical Data

The historical data trend for Melia Hotels International'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.

Melia Hotels International E10 Chart

Melia Hotels International 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 0.30 -0.01 -0.13 -0.11 -0.01

Melia Hotels International 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 -0.09 -0.01 -0.01 - 0.02

Competitive Comparison of Melia Hotels International's E10

For the Lodging subindustry, Melia Hotels International'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.


Melia Hotels International's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Melia Hotels International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Melia Hotels International's Shiller PE Ratio falls into.



Melia Hotels International 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, Melia Hotels International'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)
=0.34/123.1207*123.1207
=0.340

Current CPI (Sep. 2024) = 123.1207.

Melia Hotels International Quarterly Data

per share eps CPI Adj_EPS
201412 -0.023 100.251 -0.028
201503 0.084 99.474 0.104
201506 0.021 101.138 0.026
201509 0.167 99.559 0.207
201512 -0.090 100.268 -0.111
201603 0.110 98.638 0.137
201606 0.090 100.333 0.110
201609 0.242 99.737 0.299
201612 0.037 101.842 0.045
201703 0.080 100.896 0.098
201706 0.170 101.848 0.206
201709 0.224 101.524 0.272
201712 0.070 102.975 0.084
201803 0.070 102.122 0.084
201806 0.190 104.165 0.225
201809 0.301 103.818 0.357
201812 0.089 104.193 0.105
201903 0.050 103.488 0.059
201906 0.159 104.612 0.187
201909 0.232 103.905 0.275
201912 0.053 105.015 0.062
202003 -0.347 103.469 -0.413
202006 -1.268 104.254 -1.497
202009 -0.526 103.521 -0.626
202012 -0.574 104.456 -0.677
202103 -0.594 104.857 -0.697
202106 -0.092 107.102 -0.106
202109 -0.069 107.669 -0.079
202112 -0.121 111.298 -0.134
202203 -0.269 115.153 -0.288
202206 0.283 118.044 0.295
202209 0.225 117.221 0.236
202212 0.264 117.650 0.276
202303 -0.002 118.948 -0.002
202306 0.195 120.278 0.200
202309 0.243 121.343 0.247
202312 0.099 121.300 0.100
202403 0.034 122.762 0.034
202406 0.165 124.409 0.163
202409 0.340 123.121 0.340

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


Melia Hotels International  (FRA:MEL) 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.

Melia Hotels International's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.975/0.02
=348.75

* 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 Melia Hotels International was 409.11. The lowest was 10.41. And the median was 27.87.


Be Aware

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


Melia Hotels International E10 Related Terms

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


Melia Hotels International Business Description

Traded in Other Exchanges
Address
Gremio Toneleros, 24, Poligono Son Castello, Palma de Mallorca, Baleares, ESP, 07009
Melia Hotels International SA is a Spanish owner and operator of hotels. The company operates midscale, upscale, and premium hotels across several brands, including Sol Hotels & Resorts, Melia Hotels & Resorts, and Gran Melia. Melia may either own or lease the hotels it operates, and hotel operation contributes the majority of company revenue. In addition, hotel owners may operate hotels under a Melia brand in a franchise agreement, or can contract Melia's management services to operate the hotel on its behalf. The company generates approximately half of its revenue in Spain, and the rest from America and the EMEA region.

Melia Hotels International Headlines

No Headlines