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PT Panin Financial Tbk (ISX:PNLF) E10 : Rp57.12 (As of Mar. 2024)


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What is PT Panin Financial 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 Panin Financial Tbk's adjusted earnings per share data for the three months ended in Mar. 2024 was Rp13.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp57.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Panin Financial Tbk's average E10 Growth Rate was 1.20% per year. During the past 3 years, the average E10 Growth Rate was 2.30% 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 PT Panin Financial Tbk was 2.30% per year. The lowest was 0.80% per year. And the median was 1.55% per year.

As of today (2024-06-16), PT Panin Financial Tbk's current stock price is Rp296.00. PT Panin Financial Tbk's E10 for the quarter that ended in Mar. 2024 was Rp57.12. PT Panin Financial Tbk's Shiller PE Ratio of today is 5.18.

During the past 13 years, the highest Shiller PE Ratio of PT Panin Financial Tbk was 13.46. The lowest was 2.94. And the median was 4.55.


PT Panin Financial Tbk E10 Historical Data

The historical data trend for PT Panin Financial 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 Panin Financial Tbk E10 Chart

PT Panin Financial 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 55.05 53.17 53.01 56.32 56.85

PT Panin Financial Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 56.42 57.29 57.29 56.85 57.12

Competitive Comparison of PT Panin Financial Tbk's E10

For the Insurance - Life subindustry, PT Panin Financial 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 Panin Financial Tbk's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where PT Panin Financial Tbk's Shiller PE Ratio falls into.



PT Panin Financial 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 Panin Financial Tbk's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.08/130.6070*130.6070
=13.080

Current CPI (Mar. 2024) = 130.6070.

PT Panin Financial Tbk Quarterly Data

per share eps CPI Adj_EPS
201406 13.210 93.015 18.549
201409 11.480 94.576 15.854
201412 6.530 98.819 8.631
201503 10.240 98.388 13.593
201506 8.350 99.766 10.931
201509 3.590 101.037 4.641
201512 6.090 102.133 7.788
201603 9.930 102.764 12.620
201606 9.650 103.212 12.211
201609 12.730 104.142 15.965
201612 15.657 105.222 19.434
201703 12.780 106.476 15.676
201706 12.545 107.722 15.210
201709 13.440 108.020 16.250
201712 6.749 109.017 8.086
201803 12.110 110.097 14.366
201806 11.730 111.085 13.791
201809 15.337 111.135 18.024
201812 17.950 112.430 20.852
201903 14.460 112.829 16.738
201906 14.890 114.730 16.951
201909 14.170 114.905 16.106
201912 18.167 115.486 20.546
202003 12.760 116.252 14.336
202006 12.130 116.630 13.584
202009 17.886 116.397 20.070
202012 15.297 117.318 17.030
202103 11.670 117.840 12.934
202106 14.520 118.184 16.046
202109 15.350 118.262 16.952
202112 -0.078 119.516 -0.085
202203 12.210 120.948 13.185
202206 15.705 123.322 16.633
202209 15.110 125.298 15.750
202212 19.972 126.098 20.686
202303 10.358 126.953 10.656
202306 20.630 127.663 21.106
202309 13.318 128.151 13.573
202312 2.860 129.395 2.887
202403 13.080 130.607 13.080

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


PT Panin Financial Tbk  (ISX:PNLF) 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 Panin Financial Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=296.00/57.12
=5.18

* 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 Panin Financial Tbk was 13.46. The lowest was 2.94. And the median was 4.55.


Be Aware

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


PT Panin Financial Tbk E10 Related Terms

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


PT Panin Financial Tbk (ISX:PNLF) Business Description

Traded in Other Exchanges
Address
Jalan Letjend. S. Parman Kav. 91, Gedung Panin Life Center, 7th Floor, Jakarta, IDN, 11420
PT Panin Financial Tbk is an Indonesia-based company engaged in providing management, business, and administration consulting services. It also engaged in providing life insurance, health insurance, personal insurance, and annuity business.

PT Panin Financial Tbk (ISX:PNLF) Headlines

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