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Ihlas Holding AS (IST:IHLAS) E10 : ₺-2.64 (As of Mar. 2025)


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What is Ihlas Holding 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.

Ihlas Holding AS's adjusted earnings per share data for the three months ended in Mar. 2025 was ₺-0.621. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺-2.64 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average E10 Growth Rate was -270.80% per year. During the past 5 years, the average E10 Growth Rate was -151.30% 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 Ihlas Holding AS was -7.70% per year. The lowest was -270.80% per year. And the median was -199.50% per year.

As of today (2025-06-28), Ihlas Holding AS's current stock price is ₺2.14. Ihlas Holding AS's E10 for the quarter that ended in Mar. 2025 was ₺-2.64. Ihlas Holding AS's Shiller PE Ratio of today is .


Ihlas Holding AS E10 Historical Data

The historical data trend for Ihlas Holding 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.

Ihlas Holding AS E10 Chart

Ihlas Holding AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.05 -1.88 -1.88 -2.55

Ihlas Holding AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2.48 -2.50 -2.55 -2.64

Competitive Comparison of Ihlas Holding AS's E10

For the Conglomerates subindustry, Ihlas Holding 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.


Ihlas Holding AS's Shiller PE Ratio Distribution in the Conglomerates Industry

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

* The bar in red indicates where Ihlas Holding AS's Shiller PE Ratio falls into.


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Ihlas Holding 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, Ihlas Holding AS's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.621/134.9266*134.9266
=-0.621

Current CPI (Mar. 2025) = 134.9266.

Ihlas Holding AS Quarterly Data

per share eps CPI Adj_EPS
201506 -0.050 100.684 -0.067
201509 -0.055 100.392 -0.074
201512 0.043 99.792 0.058
201603 0.002 100.470 0.003
201606 0.060 101.688 0.080
201609 -0.016 101.861 -0.021
201612 0.026 101.863 0.034
201703 0.003 102.862 0.004
201706 0.021 103.349 0.027
201709 0.014 104.136 0.018
201712 0.010 104.011 0.013
201803 0.003 105.290 0.004
201806 -0.035 106.317 -0.044
201809 0.000 106.507 0.000
201812 -0.012 105.998 -0.015
201903 0.001 107.251 0.001
201906 -0.046 108.070 -0.057
201909 0.014 108.329 0.017
201912 0.007 108.420 0.009
202003 -0.019 108.902 -0.024
202006 -0.015 108.767 -0.019
202009 -0.044 109.815 -0.054
202012 0.067 109.897 0.082
202103 -0.010 111.754 -0.012
202106 0.010 114.631 0.012
202109 0.018 115.734 0.021
202112 0.130 117.630 0.149
202203 0.041 121.301 0.046
202206 0.059 125.017 0.064
202209 0.029 125.227 0.031
202212 -18.075 125.222 -19.476
202303 -1.200 127.348 -1.271
202306 1.287 128.729 1.349
202309 -1.584 129.860 -1.646
202312 1.739 129.419 1.813
202403 -5.322 131.776 -5.449
202406 -0.154 132.554 -0.157
202409 -0.184 133.029 -0.187
202412 -0.403 133.157 -0.408
202503 -0.621 134.927 -0.621

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


Ihlas Holding AS  (IST:IHLAS) 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.


Be Aware

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


Ihlas Holding AS E10 Related Terms

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


Ihlas Holding AS Business Description

Traded in Other Exchanges
N/A
Address
Merkez Mahallesi 29 Ekim Caddesi, Ihlas Plaza No: 11 B/21, Yenibosna, Bahcelievler, Istanbul, TUR, 34197
Ihlas Holding AS is a Turkey-based holding company. The company's operating segment includes Construction; Marketing; Media and Others. It generates maximum revenue from the Marketing segment. The construction segment includes real estate trading, construction projects, installation and contracting work, tourism and health investments, marketing, operating, and other construction operations. The Media Segment involves publishing, selling, distributing and marketing of newspapers, photography, TV and radio broadcasting abroad and all kinds of advertising in Turkey. The Marketing segment includes home appliances manufacturing, all kinds of motorized and non-motorized vehicles production, import, export, consumer durable trade, and its marketing. Geographically, it operates only in Turkey.

Ihlas Holding AS Headlines

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