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International Consolidated Airlines Group (MEX:IAG N) E10 : MXN8.49 (As of Mar. 2025)


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What is International Consolidated Airlines 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.

International Consolidated Airlines Group's adjusted earnings per share data for the three months ended in Mar. 2025 was MXN0.818. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN8.49 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average E10 Growth Rate was 21.30% 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 International Consolidated Airlines Group was 21.30% per year. The lowest was 2.90% per year. And the median was 12.10% per year.

As of today (2025-07-16), International Consolidated Airlines Group's current stock price is MXN62.74. International Consolidated Airlines Group's E10 for the quarter that ended in Mar. 2025 was MXN8.49. International Consolidated Airlines Group's Shiller PE Ratio of today is 7.39.

During the past 13 years, the highest Shiller PE Ratio of International Consolidated Airlines Group was 14.65. The lowest was 5.75. And the median was 8.32.


International Consolidated Airlines Group E10 Historical Data

The historical data trend for International Consolidated Airlines 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.

International Consolidated Airlines Group E10 Chart

International Consolidated Airlines Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.50 3.72 4.64 4.68 2.50

International Consolidated Airlines Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.45 4.85 3.68 2.50 8.49

Competitive Comparison of International Consolidated Airlines Group's E10

For the Airlines subindustry, International Consolidated Airlines 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.


International Consolidated Airlines Group's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, International Consolidated Airlines Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where International Consolidated Airlines Group's Shiller PE Ratio falls into.


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International Consolidated Airlines 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, International Consolidated Airlines Group's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.818/125.5305*125.5305
=0.818

Current CPI (Mar. 2025) = 125.5305.

International Consolidated Airlines Group Quarterly Data

per share eps CPI Adj_EPS
201506 3.095 101.138 3.841
201509 7.924 99.559 9.991
201512 2.913 100.268 3.647
201603 0.939 98.638 1.195
201606 4.384 100.333 5.485
201609 9.518 99.737 11.980
201612 4.585 101.842 5.651
201703 0.503 100.896 0.626
201706 5.142 101.848 6.338
201709 10.383 101.524 12.838
201712 4.625 102.975 5.638
201803 8.625 102.122 10.602
201806 6.849 104.165 8.254
201809 12.115 103.818 14.649
201812 4.381 104.193 5.278
201903 0.811 103.488 0.984
201906 8.019 104.612 9.623
201909 11.045 103.905 13.344
201912 -1.041 105.015 -1.244
202003 -14.276 103.469 -17.320
202006 -27.809 104.254 -33.484
202009 -23.095 103.521 -28.005
202012 -6.622 104.456 -7.958
202103 -5.258 104.857 -6.295
202106 -4.743 107.102 -5.559
202109 -2.799 107.669 -3.263
202112 -1.460 111.298 -1.647
202203 -3.487 115.153 -3.801
202206 0.571 118.044 0.607
202209 3.429 117.221 3.672
202212 0.490 117.650 0.523
202303 -0.347 118.948 -0.366
202306 3.805 120.278 3.971
202309 4.652 121.343 4.813
202312 1.838 121.300 1.902
202403 -0.018 122.762 -0.018
202406 3.644 124.409 3.677
202409 6.399 123.121 6.524
202412 1.769 124.753 1.780
202503 0.818 125.531 0.818

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


International Consolidated Airlines Group  (MEX:IAG N) 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.

International Consolidated Airlines Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=62.74/8.49
=7.39

* 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 International Consolidated Airlines Group was 14.65. The lowest was 5.75. And the median was 8.32.


Be Aware

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


International Consolidated Airlines Group E10 Related Terms

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


International Consolidated Airlines Group Business Description

Address
El Caserio, Iberia Zona Industrial No. 2, Camino de La Munoza, s/n, Madrid, ESP, 28042
International Consolidated Airlines Group SA is a European airline group flying under the British Airways, Iberia, Aer Lingus, and Vueling brands. The group's main airport hubs are London Heathrow, London Gatwick, Madrid, Barcelona, and Dublin. Geographically, it derives a majority of its revenue from the United Kingdom. The group has determined its operating segments as British Airways, Iberia, Vueling, Aer Lingus and IAG Loyalty.

International Consolidated Airlines Group Headlines

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