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A. Soriano (PHS:ANS) E10 : ₱1.93 (As of Mar. 2024)


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What is A. Soriano 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.

A. Soriano's adjusted earnings per share data for the three months ended in Mar. 2024 was ₱1.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱1.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, A. Soriano's average E10 Growth Rate was 12.20% per year. During the past 3 years, the average E10 Growth Rate was 11.90% per year. During the past 5 years, the average E10 Growth Rate was 7.20% 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 A. Soriano was 11.90% per year. The lowest was 5.70% per year. And the median was 5.70% per year.

As of today (2024-05-30), A. Soriano's current stock price is ₱12.70. A. Soriano's E10 for the quarter that ended in Mar. 2024 was ₱1.93. A. Soriano's Shiller PE Ratio of today is 6.58.

During the past 13 years, the highest Shiller PE Ratio of A. Soriano was 6.74. The lowest was 4.17. And the median was 5.18.


A. Soriano E10 Historical Data

The historical data trend for A. Soriano'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.

A. Soriano E10 Chart

A. Soriano 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 1.44 1.30 1.50 1.70 1.82

A. Soriano 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 1.72 1.70 1.73 1.82 1.93

Competitive Comparison of A. Soriano's E10

For the Electrical Equipment & Parts subindustry, A. Soriano'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.


A. Soriano's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, A. Soriano's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where A. Soriano's Shiller PE Ratio falls into.



A. Soriano 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, A. Soriano'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)
=1.87/131.7762*131.7762
=1.870

Current CPI (Mar. 2024) = 131.7762.

A. Soriano Quarterly Data

per share eps CPI Adj_EPS
201406 0.260 100.560 0.341
201409 0.080 100.428 0.105
201412 0.420 99.070 0.559
201503 0.730 99.621 0.966
201506 0.370 100.684 0.484
201509 -0.020 100.392 -0.026
201512 -0.050 99.792 -0.066
201603 0.350 100.470 0.459
201606 0.360 101.688 0.467
201609 0.520 101.861 0.673
201612 0.940 101.863 1.216
201703 1.110 102.862 1.422
201706 0.380 103.349 0.485
201709 -0.050 104.136 -0.063
201712 0.470 104.011 0.595
201803 0.220 105.290 0.275
201806 -0.540 106.317 -0.669
201809 0.740 106.507 0.916
201812 0.250 105.998 0.311
201903 1.230 107.251 1.511
201906 0.390 108.070 0.476
201909 -0.320 108.329 -0.389
201912 0.220 108.420 0.267
202003 -2.060 108.902 -2.493
202006 1.270 108.767 1.539
202009 -0.250 109.815 -0.300
202012 1.190 109.897 1.427
202103 -0.410 111.754 -0.483
202106 1.360 114.631 1.563
202109 0.860 115.734 0.979
202112 0.230 117.630 0.258
202203 2.200 121.301 2.390
202206 -0.650 125.017 -0.685
202209 -0.190 125.227 -0.200
202212 0.920 125.222 0.968
202303 0.520 127.348 0.538
202306 0.340 128.729 0.348
202309 0.300 129.860 0.304
202312 0.920 129.419 0.937
202403 1.870 131.776 1.870

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


A. Soriano  (PHS:ANS) 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.

A. Soriano's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.70/1.93
=6.58

* 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 A. Soriano was 6.74. The lowest was 4.17. And the median was 5.18.


Be Aware

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


A. Soriano E10 Related Terms

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


A. Soriano (PHS:ANS) Business Description

Traded in Other Exchanges
N/A
Address
Makati Avenue corner Gil Puyat Avenue Extension, 7th Floor, Pacific Star Building, Makati, PHL, 1209
A. Soriano Corp is a holding company. It operates with various business segments such as the Holding Company segment, the Resort Operations segment is involved in hotel and resort accommodation, relaxation and entertainment, and construction and sale of villas, and the Cable and Wire Manufacturing segment is engaged in manufacturing, importing, exporting, buying and selling goods, such as building wires, power cables, aluminum wires, and cables and Other operations include air transportation, hangarage, real estate holding and management, and recruitment services. The majority of its revenue comes from the Cable and Wire Manufacturing segment.

A. Soriano (PHS:ANS) Headlines

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