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PT Provident Investasi Bersama Tbk (ISX:PALM) E10 : Rp21.94 (As of Dec. 2023)


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What is PT Provident Investasi Bersama 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 Provident Investasi Bersama Tbk's adjusted earnings per share data for the three months ended in Dec. 2023 was Rp-185.147. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp21.94 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PT Provident Investasi Bersama Tbk's average E10 Growth Rate was -59.80% 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 (2024-04-28), PT Provident Investasi Bersama Tbk's current stock price is Rp428.00. PT Provident Investasi Bersama Tbk's E10 for the quarter that ended in Dec. 2023 was Rp21.94. PT Provident Investasi Bersama Tbk's Shiller PE Ratio of today is 19.51.

During the past 13 years, the highest Shiller PE Ratio of PT Provident Investasi Bersama Tbk was 68.13. The lowest was 8.92. And the median was 14.61.


PT Provident Investasi Bersama Tbk E10 Historical Data

The historical data trend for PT Provident Investasi Bersama 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 Provident Investasi Bersama Tbk E10 Chart

PT Provident Investasi Bersama 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 - - 40.48 54.55 21.94

PT Provident Investasi Bersama 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 54.55 56.28 36.05 36.97 21.94

Competitive Comparison of PT Provident Investasi Bersama Tbk's E10

For the Asset Management subindustry, PT Provident Investasi Bersama 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 Provident Investasi Bersama Tbk's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Provident Investasi Bersama Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Provident Investasi Bersama Tbk's Shiller PE Ratio falls into.



PT Provident Investasi Bersama 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 Provident Investasi Bersama 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)
=-185.147/128.8650*128.8650
=-185.147

Current CPI (Dec. 2023) = 128.8650.

PT Provident Investasi Bersama Tbk Quarterly Data

per share eps CPI Adj_EPS
201403 11.586 92.483 16.144
201406 -5.235 93.015 -7.253
201409 18.344 94.576 24.995
201412 -2.357 98.819 -3.074
201503 -8.361 98.388 -10.951
201506 2.371 99.766 3.063
201509 -2.153 101.037 -2.746
201512 0.650 102.133 0.820
201603 -2.694 102.764 -3.378
201606 -3.930 103.212 -4.907
201609 23.631 104.142 29.241
201612 12.715 105.222 15.572
201703 5.619 106.476 6.801
201706 5.232 107.722 6.259
201709 -0.956 108.020 -1.140
201712 -0.956 109.017 -1.130
201803 0.203 110.097 0.238
201806 -0.087 111.085 -0.101
201809 0.714 111.135 0.828
201812 -16.022 112.430 -18.364
201903 -2.645 112.829 -3.021
201906 -2.877 114.730 -3.231
201909 -3.537 114.905 -3.967
201912 -0.589 115.486 -0.657
202003 -10.398 116.252 -11.526
202006 75.892 116.630 83.854
202009 54.501 116.397 60.339
202012 152.018 117.318 166.980
202103 -49.596 117.840 -54.236
202106 153.537 118.184 167.413
202109 -75.422 118.262 -82.184
202112 246.329 119.516 265.598
202203 120.896 120.948 128.809
202206 -108.763 123.324 -113.650
202209 -9.308 125.300 -9.573
202212 29.852 126.099 30.507
202303 6.536 126.954 6.634
202306 -224.075 127.666 -226.179
202309 -48.052 128.155 -48.318
202312 -185.147 128.865 -185.147

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


PT Provident Investasi Bersama Tbk  (ISX:PALM) 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 Provident Investasi Bersama Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=428.00/21.94
=19.51

* 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 Provident Investasi Bersama Tbk was 68.13. The lowest was 8.92. And the median was 14.61.


Be Aware

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


PT Provident Investasi Bersama Tbk E10 Related Terms

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


PT Provident Investasi Bersama Tbk (ISX:PALM) Business Description

Traded in Other Exchanges
N/A
Address
Jalan H.R. Rasuna Said, Generali Tower, Kawasan Rasuna Epicentrum, 17th Floor D, G, H, Gran Rubina Business Park, Karet Kuningan, Setiabudi, Jakarta, IDN, 12940
PT Provident Investasi Bersama Tbk is an investment company. The segments of the company are Blue Chip and Others, of which the majority of the revenue is derived from the Blue Chip segment.

PT Provident Investasi Bersama Tbk (ISX:PALM) Headlines

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