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Aboitiz Equity Ventures (PHS:AEV) E10 : ₱4.55 (As of Mar. 2024)


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What is Aboitiz Equity Ventures 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.

Aboitiz Equity Ventures's adjusted earnings per share data for the three months ended in Mar. 2024 was ₱0.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱4.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aboitiz Equity Ventures's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 3.00% per year. During the past 5 years, the average E10 Growth Rate was 2.30% 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 Aboitiz Equity Ventures was 7.80% per year. The lowest was 1.40% per year. And the median was 3.00% per year.

As of today (2024-05-17), Aboitiz Equity Ventures's current stock price is ₱37.35. Aboitiz Equity Ventures's E10 for the quarter that ended in Mar. 2024 was ₱4.55. Aboitiz Equity Ventures's Shiller PE Ratio of today is 8.21.

During the past 13 years, the highest Shiller PE Ratio of Aboitiz Equity Ventures was 22.21. The lowest was 7.28. And the median was 12.49.


Aboitiz Equity Ventures E10 Historical Data

The historical data trend for Aboitiz Equity Ventures'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.

Aboitiz Equity Ventures E10 Chart

Aboitiz Equity Ventures 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 4.25 4.11 4.28 4.43 4.49

Aboitiz Equity Ventures 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 4.41 4.45 4.52 4.49 4.55

Competitive Comparison of Aboitiz Equity Ventures's E10

For the Utilities - Regulated Electric subindustry, Aboitiz Equity Ventures'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.


Aboitiz Equity Ventures's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Aboitiz Equity Ventures's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Aboitiz Equity Ventures's Shiller PE Ratio falls into.



Aboitiz Equity Ventures 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, Aboitiz Equity Ventures'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)
=0.87/131.7762*131.7762
=0.870

Current CPI (Mar. 2024) = 131.7762.

Aboitiz Equity Ventures Quarterly Data

per share eps CPI Adj_EPS
201406 0.836 100.560 1.096
201409 0.860 100.428 1.128
201412 0.745 99.070 0.991
201503 0.737 99.621 0.975
201506 0.672 100.684 0.880
201509 0.734 100.392 0.963
201512 1.041 99.792 1.375
201603 0.909 100.470 1.192
201606 0.981 101.688 1.271
201609 1.164 101.861 1.506
201612 0.963 101.863 1.246
201703 0.830 102.862 1.063
201706 0.993 103.349 1.266
201709 1.000 104.136 1.265
201712 1.013 104.011 1.283
201803 0.857 105.290 1.073
201806 0.934 106.317 1.158
201809 1.284 106.507 1.589
201812 0.876 105.998 1.089
201903 0.626 107.251 0.769
201906 0.963 108.070 1.174
201909 1.203 108.329 1.463
201912 1.118 108.420 1.359
202003 0.360 108.902 0.436
202006 0.340 108.767 0.412
202009 0.780 109.815 0.936
202012 1.260 109.897 1.511
202103 1.520 111.754 1.792
202106 0.870 114.631 1.000
202109 1.080 115.734 1.230
202112 1.160 117.630 1.300
202203 0.700 121.301 0.760
202206 1.400 125.017 1.476
202209 1.690 125.227 1.778
202212 0.480 125.222 0.505
202303 0.710 127.348 0.735
202306 1.150 128.729 1.177
202309 1.340 129.860 1.360
202312 0.990 129.419 1.008
202403 0.870 131.776 0.870

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


Aboitiz Equity Ventures  (PHS:AEV) 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.

Aboitiz Equity Ventures's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=37.35/4.55
=8.21

* 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 Aboitiz Equity Ventures was 22.21. The lowest was 7.28. And the median was 12.49.


Be Aware

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


Aboitiz Equity Ventures E10 Related Terms

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


Aboitiz Equity Ventures (PHS:AEV) Business Description

Traded in Other Exchanges
Address
32nd Street, NAC Tower, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634
Aboitiz Equity Ventures Inc is a Philippines holding company with reportable segments of power distribution and generation, financial services, food manufacturing, real estate, and infrastructure. The power segment is engaged in power generation and the sale of electricity. The food manufacturing segment is engaged in the production of flour and feeds and swine breeding. Aboitiz Equity Ventures generates maximum revenue from the power segment. Geographically, it operates solely in the Philippines.

Aboitiz Equity Ventures (PHS:AEV) Headlines