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Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) E10 : ₺2.46 (As of Dec. 2023)


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What is Cimentas Izmir Cimento Fabrikasi Turk 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.

Cimentas Izmir Cimento Fabrikasi Turk AS's adjusted earnings per share data for the three months ended in Dec. 2023 was ₺-4.481. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺2.46 for the trailing ten years ended in Dec. 2023.

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 (2024-06-23), Cimentas Izmir Cimento Fabrikasi Turk AS's current stock price is ₺396.00. Cimentas Izmir Cimento Fabrikasi Turk AS's E10 for the quarter that ended in Dec. 2023 was ₺2.46. Cimentas Izmir Cimento Fabrikasi Turk AS's Shiller PE Ratio of today is 160.98.

During the past 13 years, the highest Shiller PE Ratio of Cimentas Izmir Cimento Fabrikasi Turk AS was 260.37. The lowest was 79.92. And the median was 179.27.


Cimentas Izmir Cimento Fabrikasi Turk AS E10 Historical Data

The historical data trend for Cimentas Izmir Cimento Fabrikasi Turk 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.

Cimentas Izmir Cimento Fabrikasi Turk AS E10 Chart

Cimentas Izmir Cimento Fabrikasi Turk 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 - - - - 2.46

Cimentas Izmir Cimento Fabrikasi Turk AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 2.46

Competitive Comparison of Cimentas Izmir Cimento Fabrikasi Turk AS's E10

For the Building Materials subindustry, Cimentas Izmir Cimento Fabrikasi Turk 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.


Cimentas Izmir Cimento Fabrikasi Turk AS's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cimentas Izmir Cimento Fabrikasi Turk AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cimentas Izmir Cimento Fabrikasi Turk AS's Shiller PE Ratio falls into.



Cimentas Izmir Cimento Fabrikasi Turk 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, Cimentas Izmir Cimento Fabrikasi Turk AS's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-4.481/129.4194*129.4194
=-4.481

Current CPI (Dec. 2023) = 129.4194.

Cimentas Izmir Cimento Fabrikasi Turk AS Quarterly Data

per share eps CPI Adj_EPS
200712 1.849 88.616 2.700
200812 -0.431 88.697 -0.629
200912 0.610 91.111 0.866
201012 0.240 92.474 0.336
201106 -0.093 95.235 -0.126
201109 -0.053 95.727 -0.072
201112 0.382 95.213 0.519
201203 0.015 96.783 0.020
201206 0.059 96.819 0.079
201209 0.072 97.633 0.095
201212 0.001 96.871 0.001
201303 -0.129 98.209 -0.170
201306 -0.004 98.518 -0.005
201309 0.063 98.790 0.083
201312 0.467 98.326 0.615
201412 1.281 99.070 1.673
201512 0.846 99.792 1.097
201612 0.054 101.863 0.069
201712 0.365 104.011 0.454
201812 -0.064 105.998 -0.078
201903 -0.372 107.251 -0.449
201906 -0.290 108.070 -0.347
201909 -0.297 108.329 -0.355
201912 0.003 108.420 0.004
202003 -0.390 108.902 -0.463
202006 -0.561 108.767 -0.668
202009 -0.177 109.815 -0.209
202012 0.721 109.897 0.849
202103 -0.254 111.754 -0.294
202106 0.205 114.631 0.231
202109 0.288 115.734 0.322
202112 1.643 117.630 1.808
202203 -0.193 121.301 -0.206
202206 5.337 125.017 5.525
202209 0.231 125.227 0.239
202212 0.850 125.222 0.878
202303 1.020 127.348 1.037
202306 8.201 128.729 8.245
202309 5.441 129.860 5.423
202312 -4.481 129.419 -4.481

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


Cimentas Izmir Cimento Fabrikasi Turk AS  (IST:CMENT) 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.

Cimentas Izmir Cimento Fabrikasi Turk AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=396.00/2.46
=160.98

* 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 Cimentas Izmir Cimento Fabrikasi Turk AS was 260.37. The lowest was 79.92. And the median was 179.27.


Be Aware

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


Cimentas Izmir Cimento Fabrikasi Turk AS E10 Related Terms

Thank you for viewing the detailed overview of Cimentas Izmir Cimento Fabrikasi Turk AS's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) Business Description

Traded in Other Exchanges
N/A
Address
Egemenlik Mah, Eski Kemalpasa, Caddesi No: 4B, Isikkent Bornova, Izmir, TUR, 35070
Cimentas Izmir Cimento Fabrikasi Turk AS is specialized in the production and distribution of grey and white cement, ready-mixed concrete, aggregates and concrete products. It is also active in the management of urban and industrial waste. It's main segments are cement, aggregate, ready-mixed concrete and waste management. It obtains revenue from the sale of ready-mixed concrete and bulk and bagged cement. Cimentas Izmir Cimento Fabrikasi Turk AS is now present in 18 countries across 5 continents.

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