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PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) E10 : Rp217.78 (As of Dec. 2023)


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What is PT Maskapai Reasuransi Indonesia 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 Maskapai Reasuransi Indonesia Tbk's adjusted earnings per share data for the three months ended in Dec. 2023 was Rp43.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp217.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PT Maskapai Reasuransi Indonesia Tbk's average E10 Growth Rate was -9.00% 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 (2024-04-29), PT Maskapai Reasuransi Indonesia Tbk's current stock price is Rp1265.00. PT Maskapai Reasuransi Indonesia Tbk's E10 for the quarter that ended in Dec. 2023 was Rp217.78. PT Maskapai Reasuransi Indonesia Tbk's Shiller PE Ratio of today is 5.81.

During the past 13 years, the highest Shiller PE Ratio of PT Maskapai Reasuransi Indonesia Tbk was 22.87. The lowest was 5.92. And the median was 12.03.


PT Maskapai Reasuransi Indonesia Tbk E10 Historical Data

The historical data trend for PT Maskapai Reasuransi Indonesia 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 Maskapai Reasuransi Indonesia Tbk E10 Chart

PT Maskapai Reasuransi Indonesia 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 - - - 239.35 217.78

PT Maskapai Reasuransi Indonesia Tbk 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 239.35 240.43 238.42 235.55 217.78

Competitive Comparison of PT Maskapai Reasuransi Indonesia Tbk's E10

For the Insurance - Reinsurance subindustry, PT Maskapai Reasuransi Indonesia 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 Maskapai Reasuransi Indonesia Tbk's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT Maskapai Reasuransi Indonesia Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Maskapai Reasuransi Indonesia Tbk's Shiller PE Ratio falls into.



PT Maskapai Reasuransi Indonesia 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 Maskapai Reasuransi Indonesia Tbk'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)
=43/128.8650*128.8650
=43.000

Current CPI (Dec. 2023) = 128.8650.

PT Maskapai Reasuransi Indonesia Tbk Quarterly Data

per share eps CPI Adj_EPS
201403 62.413 92.483 86.965
201406 30.340 93.015 42.034
201409 59.576 94.576 81.176
201412 128.940 98.819 168.144
201503 110.641 98.388 144.914
201506 9.457 99.766 12.215
201509 65.250 101.037 83.222
201512 144.454 102.133 182.263
201603 67.141 102.764 84.194
201606 103.076 103.212 128.695
201609 8.511 104.142 10.531
201612 159.596 105.222 195.457
201703 63.359 106.476 76.682
201706 118.207 107.722 141.409
201709 39.435 108.020 47.045
201712 145.151 109.017 171.578
201803 81.000 110.097 94.808
201806 87.000 111.085 100.925
201809 -10.000 111.135 -11.595
201812 114.000 112.430 130.665
201903 86.000 112.829 98.223
201906 109.000 114.730 122.429
201909 53.000 114.905 59.439
201912 98.000 115.486 109.353
202003 62.000 116.252 68.727
202006 13.000 116.630 14.364
202009 43.000 116.397 47.606
202012 85.000 117.318 93.366
202103 75.000 117.840 82.017
202106 -27.000 118.184 -29.440
202109 10.000 118.262 10.897
202112 -620.000 119.516 -668.498
202203 94.000 120.948 100.153
202206 56.000 123.324 58.516
202209 -78.000 125.300 -80.219
202212 0.572 126.099 0.585
202303 55.000 126.954 55.828
202306 26.876 127.666 27.128
202309 -7.000 128.155 -7.039
202312 43.000 128.865 43.000

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


PT Maskapai Reasuransi Indonesia Tbk  (ISX:MREI) 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 Maskapai Reasuransi Indonesia Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1265.00/217.78
=5.81

* 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 Maskapai Reasuransi Indonesia Tbk was 22.87. The lowest was 5.92. And the median was 12.03.


Be Aware

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


PT Maskapai Reasuransi Indonesia Tbk E10 Related Terms

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


PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jend. Sudirman Kav. 76-78, Plaza Marein, 18th Floor, Jakarta, IDN, 12910
PT Maskapai Reasuransi Indonesia Tbk involves in the reinsurance business across Indonesia. Its divisions are Life Reinsurance and General Reinsurance. The company's business offering includes fire, marine cargo, marine hull, motor vehicles, and life reinsurance products. Some of its products include personal accidents, lines, marine, critical illness, disability, and health.

PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) Headlines

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