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Araneta Properties (PHS:ARA) E10 : ₱0.02 (As of Jun. 2024)


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What is Araneta Properties 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.

Araneta Properties's adjusted earnings per share data for the three months ended in Jun. 2024 was ₱0.013. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱0.02 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Araneta Properties's average E10 Growth Rate was 100.00% 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.

As of today (2024-09-25), Araneta Properties's current stock price is ₱0.58. Araneta Properties's E10 for the quarter that ended in Jun. 2024 was ₱0.02. Araneta Properties's Shiller PE Ratio of today is 29.00.

During the past 13 years, the highest Shiller PE Ratio of Araneta Properties was 210.00. The lowest was 28.00. And the median was 105.00.


Araneta Properties E10 Historical Data

The historical data trend for Araneta Properties'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.

Araneta Properties E10 Chart

Araneta Properties 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 0.01 - - 0.01 0.01

Araneta Properties Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.01 0.01 0.01 0.02 0.02

Competitive Comparison of Araneta Properties's E10

For the Real Estate - Development subindustry, Araneta Properties'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.


Araneta Properties's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Araneta Properties's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Araneta Properties's Shiller PE Ratio falls into.



Araneta Properties 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, Araneta Properties's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.013/132.5538*132.5538
=0.013

Current CPI (Jun. 2024) = 132.5538.

Araneta Properties Quarterly Data

per share eps CPI Adj_EPS
201409 0.004 100.428 0.005
201412 0.028 99.070 0.037
201503 0.005 99.621 0.007
201506 0.010 100.684 0.013
201509 0.005 100.392 0.007
201512 0.004 99.792 0.005
201603 0.004 100.470 0.005
201606 0.004 101.688 0.005
201609 0.005 101.861 0.007
201612 -0.005 101.863 -0.007
201703 0.002 102.862 0.003
201706 0.002 103.349 0.003
201709 0.007 104.136 0.009
201712 -0.016 104.011 -0.020
201803 0.004 105.290 0.005
201806 0.003 106.317 0.004
201809 0.002 106.507 0.002
201812 0.006 105.998 0.008
201903 -0.004 107.251 -0.005
201906 -0.003 108.070 -0.004
201909 -0.013 108.329 -0.016
201912 0.010 108.420 0.012
202003 0.003 108.902 0.004
202006 -0.005 108.767 -0.006
202009 -0.005 109.815 -0.006
202012 0.000 109.897 0.000
202103 0.001 111.754 0.001
202106 -0.004 114.631 -0.005
202109 -0.003 115.734 -0.003
202112 0.000 117.630 0.000
202203 -0.001 121.301 -0.001
202206 0.006 125.017 0.006
202209 -0.004 125.227 -0.004
202212 -0.003 125.222 -0.003
202303 -0.005 127.348 -0.005
202306 0.004 128.729 0.004
202309 -0.007 129.860 -0.007
202312 0.001 129.419 0.001
202403 0.078 131.776 0.078
202406 0.013 132.554 0.013

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


Araneta Properties  (PHS:ARA) 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.

Araneta Properties's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.58/0.02
=29.00

* 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 Araneta Properties was 210.00. The lowest was 28.00. And the median was 105.00.


Be Aware

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


Araneta Properties E10 Related Terms

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


Araneta Properties Business Description

Traded in Other Exchanges
N/A
Address
Paseo de Roxas, 21st Floor, BDO Towers Valero Condo Corp, Makati, PHL, 1227
Araneta Properties Inc is a real estate developer in the Philippines. The company acquires, owns, holds, improves, develops, subdivides, sells, leases, rents, mortgages, manages, and otherwise deals in real estate or any interest therein for residential, commercial, industrial, and recreational purposes. Its property portfolio consists of San Jose del Monte, Bulacan Property; Smelting Plant Property; Land Banking Activities in San Jose Del Monte, Bulacan; and the Land Banking Activities City of Laoag, Ilocos Norte.

Araneta Properties Headlines

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