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PT Indofood Sukses Makmur Tbk (ISX:INDF) E10 : Rp741.26 (As of Sep. 2024)


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What is PT Indofood Sukses Makmur Tbk 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.

PT Indofood Sukses Makmur Tbk's adjusted earnings per share data for the three months ended in Sep. 2024 was Rp558.802. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp741.26 for the trailing ten years ended in Sep. 2024.

During the past 12 months, PT Indofood Sukses Makmur Tbk's average E10 Growth Rate was 9.60% per year. During the past 3 years, the average E10 Growth Rate was 9.40% per year. During the past 5 years, the average E10 Growth Rate was 8.10% 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 PT Indofood Sukses Makmur Tbk was 9.40% per year. The lowest was 4.60% per year. And the median was 7.20% per year.

As of today (2025-03-17), PT Indofood Sukses Makmur Tbk's current stock price is Rp7175.00. PT Indofood Sukses Makmur Tbk's E10 for the quarter that ended in Sep. 2024 was Rp741.26. PT Indofood Sukses Makmur Tbk's Shiller PE Ratio of today is 9.68.

During the past 13 years, the highest Shiller PE Ratio of PT Indofood Sukses Makmur Tbk was 20.86. The lowest was 8.42. And the median was 12.56.


PT Indofood Sukses Makmur Tbk E10 Historical Data

The historical data trend for PT Indofood Sukses Makmur Tbk'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.

PT Indofood Sukses Makmur Tbk E10 Chart

PT Indofood Sukses Makmur Tbk 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 492.96 522.79 568.24 617.12 685.43

PT Indofood Sukses Makmur Tbk 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 676.13 685.43 697.43 699.52 741.26

Competitive Comparison of PT Indofood Sukses Makmur Tbk's E10

For the Packaged Foods subindustry, PT Indofood Sukses Makmur Tbk'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.


PT Indofood Sukses Makmur Tbk's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood Sukses Makmur Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Indofood Sukses Makmur Tbk's Shiller PE Ratio falls into.



PT Indofood Sukses Makmur Tbk 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, PT Indofood Sukses Makmur Tbk'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)
=558.802/130.3609*130.3609
=558.802

Current CPI (Sep. 2024) = 130.3609.

PT Indofood Sukses Makmur Tbk Quarterly Data

per share eps CPI Adj_EPS
201412 99.000 98.819 130.599
201503 99.000 98.388 131.172
201506 98.000 99.766 128.053
201509 -5.391 101.037 -6.956
201512 146.000 102.133 186.352
201603 124.000 102.764 157.300
201606 130.000 103.212 164.195
201609 114.920 104.142 143.852
201612 103.000 105.222 127.608
201703 134.000 106.476 164.059
201706 121.000 107.722 146.430
201709 117.000 108.020 141.198
201712 101.000 109.017 120.774
201803 135.000 110.097 159.848
201806 87.403 111.085 102.570
201809 98.000 111.135 114.954
201812 153.000 112.430 177.401
201903 154.000 112.829 177.930
201906 136.000 114.730 154.528
201909 112.000 114.905 127.066
201912 157.000 115.486 177.222
202003 160.000 116.252 179.418
202006 164.000 116.630 183.308
202009 103.000 116.397 115.357
202012 307.852 117.318 342.077
202103 197.000 117.840 217.932
202106 194.000 118.184 213.989
202109 225.000 118.262 248.019
202112 256.559 119.516 279.839
202203 269.000 120.948 289.935
202206 61.000 123.322 64.482
202209 198.768 125.298 206.799
202212 195.000 126.098 201.593
202303 438.000 126.953 449.759
202306 195.501 127.663 199.633
202309 172.714 128.151 175.692
202312 121.000 129.395 121.904
202403 279.000 130.607 278.474
202406 159.956 130.792 159.429
202409 558.802 130.361 558.802

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


PT Indofood Sukses Makmur Tbk  (ISX:INDF) 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.

PT Indofood Sukses Makmur Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7175.00/741.26
=9.68

* 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 PT Indofood Sukses Makmur Tbk was 20.86. The lowest was 8.42. And the median was 12.56.


Be Aware

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


PT Indofood Sukses Makmur Tbk E10 Related Terms

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


PT Indofood Sukses Makmur Tbk Business Description

Traded in Other Exchanges
Address
Jalan Jend. Sudirman Kav 76-78, Sudirman Plaza, Indofood Tower, 27th Floor, Jakarta, IDN, 12910
PT Indofood Sukses Makmur Tbk is an Indonesian packaged food company. Its portfolio is diversified with operations in both raw materials and processed food. The company divides its operations into the consumer branded products business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group. The consumer branded products segment produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. Nutrition & Special Foods. The agribusiness operations are research, development, production, and marketing of branded cooking oils, margarine and shortening, processes rubber, sugar cane, and other crops. The Distribution segment distributes consumer products.

PT Indofood Sukses Makmur Tbk Headlines