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African And Overseas Enterprises (JSE:AOVP) E10 : R0.46 (As of Dec. 2023)


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What is African And Overseas Enterprises 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.

African And Overseas Enterprises's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was R4.082. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R0.46 for the trailing ten years ended in Jun. 2023.

During the past 3 years, the average E10 Growth Rate was 36.70% per year. During the past 5 years, the average E10 Growth Rate was -15.10% per year. During the past 10 years, the average E10 Growth Rate was -13.30% 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 African And Overseas Enterprises was 36.70% per year. The lowest was -47.90% per year. And the median was -8.30% per year.

As of today (2024-06-08), African And Overseas Enterprises's current stock price is R 10.03. African And Overseas Enterprises's E10 for the fiscal year that ended in Jun. 2023 was R0.46. African And Overseas Enterprises's Shiller PE Ratio of today is 21.80.

During the past 13 years, the highest Shiller PE Ratio of African And Overseas Enterprises was 141.33. The lowest was 6.54. And the median was 21.48.


African And Overseas Enterprises E10 Historical Data

The historical data trend for African And Overseas Enterprises'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.

African And Overseas Enterprises E10 Chart

African And Overseas Enterprises Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.11 0.07 0.13 0.46

African And Overseas Enterprises Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 0.13 - 0.46 -

Competitive Comparison of African And Overseas Enterprises's E10

For the Apparel Retail subindustry, African And Overseas Enterprises'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.


African And Overseas Enterprises's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, African And Overseas Enterprises's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where African And Overseas Enterprises's Shiller PE Ratio falls into.



African And Overseas Enterprises 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, African And Overseas Enterprises's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=4.082/148.8016*148.8016
=4.082

Current CPI (Jun. 2023) = 148.8016.

African And Overseas Enterprises Annual Data

per_share_eps CPI Adj_EPS
201406 -0.609 95.813 -0.946
201506 1.036 100.173 1.539
201606 0.371 106.713 0.517
201706 0.013 112.054 0.017
201806 0.501 116.959 0.637
201906 1.766 122.191 2.151
202006 -3.789 124.807 -4.517
202106 1.106 131.113 1.255
202206 2.511 140.835 2.653
202306 4.082 148.802 4.082

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


African And Overseas Enterprises  (JSE:AOVP) 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.

African And Overseas Enterprises's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.03/0.46
=21.80

* 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 African And Overseas Enterprises was 141.33. The lowest was 6.54. And the median was 21.48.


Be Aware

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


African And Overseas Enterprises E10 Related Terms

Thank you for viewing the detailed overview of African And Overseas Enterprises's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


African And Overseas Enterprises (JSE:AOVP) Business Description

Traded in Other Exchanges
Address
263 Victoria Road, Rex Trueform Office Park, Salt River,, Cape Town, WC, ZAF, 7925
African And Overseas Enterprises Ltd is an investment holding company. The company operates in five segments: Retail division comprises the retailing of fashion apparel through Queenspark stores in South Africa. Property division comprises of the group's property portfolio based in Cape Town which includes both investment and owner-occupied properties.; Water infrastructure segment comprises an indirect investment made in a private water and wastewater utility group operating in the South African provinces of Mpumalanga and KwaZulu-Natal, Media and broadcasting comprises the provision of media and satellite equipment and services through Telemedia, and the Group Services division manages the corporate responsibility and includes corporate costs. The Retail Segment derives maximum revenue.

African And Overseas Enterprises (JSE:AOVP) Headlines

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