GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Premier Miton Group PLC (LSE:PMI) » Definitions » E10

Premier Miton Group (LSE:PMI) E10 : £0.06 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Premier Miton Group 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.

Premier Miton Group's adjusted earnings per share data for the fiscal year that ended in Sep. 2023 was £0.024. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.06 for the trailing ten years ended in Sep. 2023.

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), Premier Miton Group's current stock price is £ 0.725. Premier Miton Group's E10 for the fiscal year that ended in Sep. 2023 was £0.06. Premier Miton Group's Shiller PE Ratio of today is 12.08.

During the past 12 years, the highest Shiller PE Ratio of Premier Miton Group was 51.25. The lowest was 8.17. And the median was 20.30.


Premier Miton Group E10 Historical Data

The historical data trend for Premier Miton Group'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.

Premier Miton Group E10 Chart

Premier Miton Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.04 0.05 0.06

Premier Miton Group Semi-Annual Data
Sep13 Sep14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 0.06 -

Competitive Comparison of Premier Miton Group's E10

For the Asset Management subindustry, Premier Miton Group'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.


Premier Miton Group's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Premier Miton Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Premier Miton Group's Shiller PE Ratio falls into.



Premier Miton Group 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, Premier Miton Group's adjusted earnings per share data for the fiscal year that ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.024/130.1000*130.1000
=0.024

Current CPI (Sep. 2023) = 130.1000.

Premier Miton Group Annual Data

per_share_eps CPI Adj_EPS
201409 -0.028 100.000 -0.036
201509 -0.006 100.200 -0.008
201609 0.009 101.500 0.012
201709 0.085 104.300 0.106
201809 0.119 106.600 0.145
201909 0.104 108.400 0.125
202009 0.040 109.200 0.048
202109 0.090 112.400 0.104
202209 0.061 122.300 0.065
202309 0.024 130.100 0.024

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


Premier Miton Group  (LSE:PMI) 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.

Premier Miton Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.725/0.06
=12.08

* 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 12 years, the highest Shiller P/E Ratio of Premier Miton Group was 51.25. The lowest was 8.17. And the median was 20.30.


Be Aware

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


Premier Miton Group E10 Related Terms

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


Premier Miton Group (LSE:PMI) Business Description

Traded in Other Exchanges
N/A
Address
High Street, Eastgate Court, Guildford, Surrey, GBR, GU1 3DE
Premier Miton Group PLC is focused on delivering good investment outcomes for investors through relevant products and active management. The company's investment capabilities are designed to meet the investment objectives and preferences of different clients and cover a broad range of multi-asset, equity, absolute return, and fixed income investments. Its only operating segment being asset management. Majority of revenue is generated from Management fees. Revenue is derived from the UK and Channel Islands.

Premier Miton Group (LSE:PMI) Headlines

No Headlines