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Manila Water Co (Manila Water Co) E10 : $1.02 (As of Mar. 2024)


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What is Manila Water 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.

Manila Water Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.451. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Manila Water Co's average E10 Growth Rate was -0.40% per year. During the past 3 years, the average E10 Growth Rate was 1.00% per year. During the past 5 years, the average E10 Growth Rate was 1.50% 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 Manila Water Co was 2.20% per year. The lowest was -1.90% per year. And the median was 1.60% per year.

As of today (2024-06-19), Manila Water Co's current stock price is $9.00. Manila Water Co's E10 for the quarter that ended in Mar. 2024 was $1.02. Manila Water Co's Shiller PE Ratio of today is 8.82.

During the past 13 years, the highest Shiller PE Ratio of Manila Water Co was 12.38. The lowest was 3.11. And the median was 7.60.


Manila Water Co E10 Historical Data

The historical data trend for Manila Water 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.

Manila Water Co E10 Chart

Manila Water 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 1.14 1.14 1.20 1.18 1.08

Manila Water 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 1.17 1.14 1.10 1.08 1.02

Competitive Comparison of Manila Water Co's E10

For the Utilities - Regulated Water subindustry, Manila Water 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.


Manila Water Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Water Co's Shiller PE Ratio distribution charts can be found below:

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



Manila Water 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, Manila Water 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)
=0.451/131.7762*131.7762
=0.451

Current CPI (Mar. 2024) = 131.7762.

Manila Water Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.285 100.560 0.373
201409 0.230 100.428 0.302
201412 0.223 99.070 0.297
201503 0.234 99.621 0.310
201506 0.264 100.684 0.346
201509 0.260 100.392 0.341
201512 0.234 99.792 0.309
201603 0.285 100.470 0.374
201606 0.289 101.688 0.375
201609 0.264 101.861 0.342
201612 0.031 101.863 0.040
201703 0.243 102.862 0.311
201706 0.306 103.349 0.390
201709 0.374 104.136 0.473
201712 0.217 104.011 0.275
201803 0.285 105.290 0.357
201806 0.323 106.317 0.400
201809 0.238 106.507 0.294
201812 0.277 105.998 0.344
201903 0.204 107.251 0.251
201906 0.289 108.070 0.352
201909 0.298 108.329 0.362
201912 0.226 108.420 0.275
202003 0.243 108.902 0.294
202006 0.174 108.767 0.211
202009 0.123 109.815 0.148
202012 0.226 109.897 0.271
202103 0.217 111.754 0.256
202106 0.208 114.631 0.239
202109 0.077 115.734 0.088
202112 0.021 117.630 0.024
202203 0.136 121.301 0.148
202206 0.238 125.017 0.251
202209 0.204 125.227 0.215
202212 0.183 125.222 0.193
202303 0.136 127.348 0.141
202306 0.319 128.729 0.327
202309 0.328 129.860 0.333
202312 -0.196 129.419 -0.200
202403 0.451 131.776 0.451

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


Manila Water Co  (OTCPK:MWTCY) 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.

Manila Water Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.00/1.02
=8.82

* 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 Manila Water Co was 12.38. The lowest was 3.11. And the median was 7.60.


Be Aware

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


Manila Water Co E10 Related Terms

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


Manila Water Co (Manila Water Co) Business Description

Traded in Other Exchanges
Address
489 Katipunan Road, 2nd Floor, MWSS Administration Building, Balara, Quezon, PHL, 1105
Manila Water Co Inc is a water and wastewater management company. Its operations can be divided among Metro Manila East Zone and Manila Water Philippine Ventures, which operate across municipalities in the Philippines, and Manila Water Asia Pacific, which operates in Vietnam, Myanmar, and Indonesia. The segments of the company consist of Manila Concession and Head Office, Domestic Subsidiaries, and Foreign Subsidiaries. The Manila Concession and Head Office generate maximum revenue for the company.

Manila Water Co (Manila Water Co) Headlines

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