GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Pakistan Tobacco Co Ltd (KAR:PAKT) » Definitions » E10

Pakistan Tobacco Co (KAR:PAKT) E10 : ₨69.03 (As of Mar. 2024)


View and export this data going back to 1956. Start your Free Trial

What is Pakistan Tobacco Co 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.

Pakistan Tobacco Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ₨20.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨69.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pakistan Tobacco Co's average E10 Growth Rate was 19.30% 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.

As of today (2024-06-02), Pakistan Tobacco Co's current stock price is ₨921.88. Pakistan Tobacco Co's E10 for the quarter that ended in Mar. 2024 was ₨69.03. Pakistan Tobacco Co's Shiller PE Ratio of today is 13.35.

During the past 13 years, the highest Shiller PE Ratio of Pakistan Tobacco Co was 35.56. The lowest was 10.01. And the median was 16.77.


Pakistan Tobacco Co E10 Historical Data

The historical data trend for Pakistan Tobacco Co'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.

Pakistan Tobacco Co E10 Chart

Pakistan Tobacco Co 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 - - 44.86 54.85 66.46

Pakistan Tobacco Co 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 57.87 59.67 63.75 66.46 69.03

Competitive Comparison of Pakistan Tobacco Co's E10

For the Tobacco subindustry, Pakistan Tobacco Co'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.


Pakistan Tobacco Co's Shiller PE Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Pakistan Tobacco Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Pakistan Tobacco Co's Shiller PE Ratio falls into.



Pakistan Tobacco Co 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, Pakistan Tobacco Co'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)
=20.11/131.7762*131.7762
=20.110

Current CPI (Mar. 2024) = 131.7762.

Pakistan Tobacco Co Quarterly Data

per share eps CPI Adj_EPS
201406 6.270 100.560 8.216
201409 4.880 100.428 6.403
201412 2.950 99.070 3.924
201503 8.150 99.621 10.781
201506 10.380 100.684 13.585
201509 6.240 100.392 8.191
201512 2.794 99.792 3.689
201603 11.010 100.470 14.441
201606 16.670 101.688 21.602
201609 4.690 101.861 6.067
201612 8.189 101.863 10.594
201703 5.930 102.862 7.597
201706 5.720 103.349 7.293
201709 14.790 104.136 18.716
201712 11.030 104.011 13.974
201803 14.290 105.290 17.885
201806 10.550 106.317 13.076
201809 11.550 106.507 14.290
201812 4.080 105.998 5.072
201903 10.930 107.251 13.429
201906 46.680 108.070 56.920
201909 11.480 108.329 13.965
201912 11.370 108.420 13.819
202003 11.040 108.902 13.359
202006 18.760 108.767 22.729
202009 14.580 109.815 17.496
202012 20.160 109.897 24.174
202103 17.590 111.754 20.741
202106 19.380 114.631 22.279
202109 18.610 115.734 21.190
202112 18.240 117.630 20.434
202203 19.120 121.301 20.771
202206 14.200 125.017 14.968
202209 32.370 125.227 34.063
202212 17.760 125.222 18.690
202303 26.400 127.348 27.318
202306 16.820 128.729 17.218
202309 38.730 129.860 39.302
202312 31.400 129.419 31.972
202403 20.110 131.776 20.110

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


Pakistan Tobacco Co  (KAR:PAKT) 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.

Pakistan Tobacco Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=921.88/69.03
=13.35

* 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 Pakistan Tobacco Co was 35.56. The lowest was 10.01. And the median was 16.77.


Be Aware

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


Pakistan Tobacco Co E10 Related Terms

Thank you for viewing the detailed overview of Pakistan Tobacco Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Pakistan Tobacco Co (KAR:PAKT) Business Description

Traded in Other Exchanges
N/A
Address
Serena Business Complex, P.O. Box 2549, Khayaban-e-Suhrwardy, Islamabad, PAK, 44000
Pakistan Tobacco Co Ltd is engaged in the manufacturing and distribution of cigarettes. The company's brand portfolio includes Dunhill, John Player, Capstan Filter, Gold Flake, and others.

Pakistan Tobacco Co (KAR:PAKT) Headlines

No Headlines