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Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) E10 : KWD0.05 (As of Mar. 2024)


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What is Heavy Engineering Industries and Shipbuilding Co KSC 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.

Heavy Engineering Industries and Shipbuilding Co KSC's adjusted earnings per share data for the three months ended in Mar. 2024 was KWD0.009. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is KWD0.05 for the trailing ten years ended in Mar. 2024.

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 (2024-06-10), Heavy Engineering Industries and Shipbuilding Co KSC's current stock price is KWD0.929. Heavy Engineering Industries and Shipbuilding Co KSC's E10 for the quarter that ended in Mar. 2024 was KWD0.05. Heavy Engineering Industries and Shipbuilding Co KSC's Shiller PE Ratio of today is 18.58.

During the past 13 years, the highest Shiller PE Ratio of Heavy Engineering Industries and Shipbuilding Co KSC was 18.37. The lowest was 15.68. And the median was 16.86.


Heavy Engineering Industries and Shipbuilding Co KSC E10 Historical Data

The historical data trend for Heavy Engineering Industries and Shipbuilding Co KSC'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.

Heavy Engineering Industries and Shipbuilding Co KSC E10 Chart

Heavy Engineering Industries and Shipbuilding Co KSC 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 - - - - 0.05

Heavy Engineering Industries and Shipbuilding Co KSC 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 - - - 0.05 0.05

Competitive Comparison of Heavy Engineering Industries and Shipbuilding Co KSC's E10

For the Engineering & Construction subindustry, Heavy Engineering Industries and Shipbuilding Co KSC'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.


Heavy Engineering Industries and Shipbuilding Co KSC's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Heavy Engineering Industries and Shipbuilding Co KSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Heavy Engineering Industries and Shipbuilding Co KSC's Shiller PE Ratio falls into.



Heavy Engineering Industries and Shipbuilding Co KSC 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, Heavy Engineering Industries and Shipbuilding Co KSC'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)
=0.009/131.7762*131.7762
=0.009

Current CPI (Mar. 2024) = 131.7762.

Heavy Engineering Industries and Shipbuilding Co KSC Quarterly Data

per share eps CPI Adj_EPS
201203 0.004 96.783 0.005
201206 0.001 96.819 0.001
201209 0.002 97.633 0.003
201212 0.002 96.871 0.003
201312 0.010 98.326 0.013
201412 0.014 99.070 0.019
201512 0.026 99.792 0.034
201603 0.010 100.470 0.013
201606 0.007 101.688 0.009
201609 0.008 101.861 0.010
201612 0.010 101.863 0.013
201703 0.008 102.862 0.010
201706 0.010 103.349 0.013
201709 0.007 104.136 0.009
201712 0.009 104.011 0.011
201803 0.010 105.290 0.013
201806 0.016 106.317 0.020
201809 0.013 106.507 0.016
201812 0.014 105.998 0.017
201903 0.015 107.251 0.018
201906 0.016 108.070 0.020
201909 0.014 108.329 0.017
201912 0.018 108.420 0.022
202003 0.011 108.902 0.013
202006 0.017 108.767 0.021
202009 0.014 109.815 0.017
202012 0.009 109.897 0.011
202103 0.010 111.754 0.012
202106 0.007 114.631 0.008
202109 0.007 115.734 0.008
202112 0.012 117.630 0.013
202203 0.006 121.301 0.007
202206 0.005 125.017 0.005
202209 0.007 125.227 0.007
202212 0.013 125.222 0.014
202303 0.004 127.348 0.004
202306 0.010 128.729 0.010
202309 0.009 129.860 0.009
202312 0.017 129.419 0.017
202403 0.009 131.776 0.009

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


Heavy Engineering Industries and Shipbuilding Co KSC  (KUW:SHIP) 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.

Heavy Engineering Industries and Shipbuilding Co KSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.929/0.05
=18.58

* 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 Heavy Engineering Industries and Shipbuilding Co KSC was 18.37. The lowest was 15.68. And the median was 16.86.


Be Aware

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


Heavy Engineering Industries and Shipbuilding Co KSC E10 Related Terms

Thank you for viewing the detailed overview of Heavy Engineering Industries and Shipbuilding Co KSC's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Business Description

Traded in Other Exchanges
N/A
Address
Shuwaik Port, Gate No.7, P.O. Box 21998, Safat, Kuwait, KWT, 13080
Heavy Engineering Industries and Shipbuilding Company is an Engineering, Procurement and Construction Contracting company based in Kuwait with a diversified range of business in Oil and Gas, Refineries, Petrochemicals, Power, Distillation and Desalination, Shipbuilding and Repair, Marine Services, and Construction sectors. It delivers diversified services to the industry with civil, mechanical, electrical and instrumentation constructions, maintenance, fabrication, galvanizing, shipyard services, and onshore & offshore operations.

Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Headlines

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