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AF Gruppen ASA (OSL:AFG) E10 : kr9.00 (As of Dec. 2024)


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What is AF Gruppen ASA 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.

AF Gruppen ASA's adjusted earnings per share data for the three months ended in Dec. 2024 was kr3.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr9.00 for the trailing ten years ended in Dec. 2024.

During the past 12 months, AF Gruppen ASA's average E10 Growth Rate was 1.70% per year. During the past 3 years, the average E10 Growth Rate was 5.30% per year. During the past 5 years, the average E10 Growth Rate was 7.90% 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 AF Gruppen ASA was 11.60% per year. The lowest was 5.30% per year. And the median was 8.80% per year.

As of today (2025-03-20), AF Gruppen ASA's current stock price is kr145.60. AF Gruppen ASA's E10 for the quarter that ended in Dec. 2024 was kr9.00. AF Gruppen ASA's Shiller PE Ratio of today is 16.18.

During the past 13 years, the highest Shiller PE Ratio of AF Gruppen ASA was 29.97. The lowest was 12.81. And the median was 23.63.


AF Gruppen ASA E10 Historical Data

The historical data trend for AF Gruppen ASA'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.

AF Gruppen ASA E10 Chart

AF Gruppen ASA 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 6.87 7.71 8.76 8.85 9.00

AF Gruppen ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 8.85 8.92 8.82 8.82 9.00

Competitive Comparison of AF Gruppen ASA's E10

For the Engineering & Construction subindustry, AF Gruppen ASA'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.


AF Gruppen ASA's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, AF Gruppen ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AF Gruppen ASA's Shiller PE Ratio falls into.



AF Gruppen ASA 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, AF Gruppen ASA's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=3.44/134.8000*134.8000
=3.440

Current CPI (Dec. 2024) = 134.8000.

AF Gruppen ASA Quarterly Data

per share eps CPI Adj_EPS
201503 1.110 99.200 1.508
201506 1.770 100.100 2.384
201509 1.390 100.600 1.863
201512 3.220 100.900 4.302
201603 1.330 102.500 1.749
201606 1.660 103.800 2.156
201609 1.690 104.200 2.186
201612 2.610 104.400 3.370
201703 0.890 105.000 1.143
201706 1.770 105.800 2.255
201709 1.440 105.900 1.833
201712 2.340 106.100 2.973
201803 1.330 107.300 1.671
201806 1.530 108.500 1.901
201809 2.240 109.500 2.758
201812 2.780 109.800 3.413
201903 1.410 110.400 1.722
201906 2.530 110.600 3.084
201909 2.290 111.100 2.779
201912 2.230 111.300 2.701
202003 1.230 111.200 1.491
202006 1.560 112.100 1.876
202009 2.400 112.900 2.866
202012 4.090 112.900 4.883
202103 1.550 114.600 1.823
202106 2.090 115.300 2.443
202109 2.080 117.500 2.386
202112 3.860 118.900 4.376
202203 1.390 119.800 1.564
202206 2.670 122.600 2.936
202209 1.460 125.600 1.567
202212 3.430 125.900 3.672
202303 -0.030 127.600 -0.032
202306 1.720 130.400 1.778
202309 0.430 129.800 0.447
202312 1.620 131.900 1.656
202403 1.300 132.600 1.322
202406 -0.070 133.800 -0.071
202409 1.850 133.700 1.865
202412 3.440 134.800 3.440

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


AF Gruppen ASA  (OSL:AFG) 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.

AF Gruppen ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=145.60/9.00
=16.18

* 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 AF Gruppen ASA was 29.97. The lowest was 12.81. And the median was 23.63.


Be Aware

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


AF Gruppen ASA E10 Related Terms

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


AF Gruppen ASA Business Description

Traded in Other Exchanges
Address
Innspurten 15, P.O. box 6272, Oslo, NOR, 0663
AF Gruppen ASA A is one of Norway's leading contracting and industrial groups. It provides civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants. AF Gruppen's customers are primarily public agencies and private companies.