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Al-Massaleh Real Estate Co (KUW:MASSALEH) E10 : KWD-0.02 (As of Mar. 2024)


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What is Al-Massaleh Real Estate 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.

Al-Massaleh Real Estate Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was KWD-0.019. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is KWD-0.02 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -26.00% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Al-Massaleh Real Estate Co was -12.60% per year. The lowest was -26.00% per year. And the median was -19.30% per year.

As of today (2024-06-20), Al-Massaleh Real Estate Co's current stock price is KWD 0.0297. Al-Massaleh Real Estate Co's E10 for the fiscal year that ended in Dec. 2023 was KWD-0.02. Al-Massaleh Real Estate Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Al-Massaleh Real Estate Co was 1.33. The lowest was 0.75. And the median was 1.00.


Al-Massaleh Real Estate Co E10 Historical Data

The historical data trend for Al-Massaleh Real Estate 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.

Al-Massaleh Real Estate Co E10 Chart

Al-Massaleh Real Estate Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 -0.01 -0.01 -0.02 -0.02

Al-Massaleh Real Estate 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 - - - -0.02 -

Competitive Comparison of Al-Massaleh Real Estate Co's E10

For the Real Estate - Diversified subindustry, Al-Massaleh Real Estate 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.


Al-Massaleh Real Estate Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Al-Massaleh Real Estate Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Al-Massaleh Real Estate Co's Shiller PE Ratio falls into.



Al-Massaleh Real Estate 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, Al-Massaleh Real Estate Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.019/129.4194*129.4194
=-0.019

Current CPI (Dec. 2023) = 129.4194.

Al-Massaleh Real Estate Co Annual Data

per_share_eps CPI Adj_EPS
201312 -0.063 98.326 -0.083
201412 -0.009 99.070 -0.012
201612 -0.004 101.863 -0.005
201712 -0.012 104.011 -0.015
201812 -0.010 105.998 -0.012
201912 -0.007 108.420 -0.008
202012 -0.007 109.897 -0.008
202112 -0.012 117.630 -0.013
202212 -0.003 125.222 -0.003
202312 -0.019 129.419 -0.019

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


Al-Massaleh Real Estate Co  (KUW:MASSALEH) 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.

During the past 13 years, the highest Shiller P/E Ratio of Al-Massaleh Real Estate Co was 1.33. The lowest was 0.75. And the median was 1.00.


Be Aware

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


Al-Massaleh Real Estate Co E10 Related Terms

Thank you for viewing the detailed overview of Al-Massaleh Real Estate Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Al-Massaleh Real Estate Co (KUW:MASSALEH) Business Description

Traded in Other Exchanges
N/A
Address
Ahmed Al-Jaber Street, Universal Tower, P.O. Box 719, Safat, Sharq, Kuwait, KWT, 13008
Al-Massaleh Real Estate Co is engaged in real estate projects in the public and private sectors. The business of the group is divided into two segments. The real estate operations, which is the only revenue driver, consist of trading, developing, leasing, and managing real estate and rental of investment properties, as well as investment operations in the purchase and sale of shares through portfolios managed by specialized companies and entities.

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