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Italpinas Development (PHS:IDC) E10 : ₱0.02 (As of Jun. 2024)


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What is Italpinas Development 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.

Italpinas Development's adjusted earnings per share data for the three months ended in Jun. 2024 was ₱0.001. 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.

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 (2024-09-22), Italpinas Development's current stock price is ₱1.47. Italpinas Development's E10 for the quarter that ended in Jun. 2024 was ₱0.02. Italpinas Development's Shiller PE Ratio of today is 73.50.

During the past 12 years, the highest Shiller PE Ratio of Italpinas Development was 75.97. The lowest was 34.00. And the median was 55.50.


Italpinas Development E10 Historical Data

The historical data trend for Italpinas Development'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.

Italpinas Development E10 Chart

Italpinas Development 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 - - - - -

Italpinas Development 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 - - - 0.02 0.02

Competitive Comparison of Italpinas Development's E10

For the Real Estate Services subindustry, Italpinas Development'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.


Italpinas Development's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Italpinas Development's Shiller PE Ratio falls into.



Italpinas Development 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, Italpinas Development'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)
=0.001/132.5538*132.5538
=0.001

Current CPI (Jun. 2024) = 132.5538.

Italpinas Development Quarterly Data

per share eps CPI Adj_EPS
201312 -1.380 98.326 -1.860
201412 0.110 99.070 0.147
201503 -0.017 99.621 -0.023
201506 0.037 100.684 0.049
201509 0.035 100.392 0.046
201512 0.015 99.792 0.020
201603 0.007 100.470 0.009
201606 0.007 101.688 0.009
201609 0.007 101.861 0.009
201612 0.030 101.863 0.039
201703 0.005 102.862 0.006
201706 0.036 103.349 0.046
201709 0.010 104.136 0.013
201712 0.080 104.011 0.102
201803 0.005 105.290 0.006
201806 0.031 106.317 0.039
201809 0.015 106.507 0.019
201812 0.137 105.998 0.171
201903 0.021 107.251 0.026
201906 0.034 108.070 0.042
201909 0.028 108.329 0.034
201912 0.247 108.420 0.302
202003 0.028 108.902 0.034
202006 0.034 108.767 0.041
202009 0.021 109.815 0.025
202012 0.097 109.897 0.117
202103 0.034 111.754 0.040
202106 0.010 114.631 0.012
202109 0.007 115.734 0.008
202112 0.132 117.630 0.149
202203 0.023 121.301 0.025
202206 0.002 125.017 0.002
202209 0.006 125.227 0.006
202212 0.159 125.222 0.168
202303 0.003 127.348 0.003
202306 0.013 128.729 0.013
202309 0.004 129.860 0.004
202312 0.280 129.419 0.287
202403 0.005 131.776 0.005
202406 0.001 132.554 0.001

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


Italpinas Development  (PHS:IDC) 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.

Italpinas Development's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.47/0.02
=73.50

* 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 12 years, the highest Shiller P/E Ratio of Italpinas Development was 75.97. The lowest was 34.00. And the median was 55.50.


Be Aware

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


Italpinas Development E10 Related Terms

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


Italpinas Development Business Description

Traded in Other Exchanges
N/A
Address
6811 Ayala Avenue, BPI Philam-Life Building, Unit 28C, 28 Floor, Metro Manila, Makati, RIZ, PHL, 1226
Italpinas Development Corp engages in the real estate development business in the Philippines. Its projects include Primavera Residences Towers A and B; Primavera City; and Miramonti. Geographically, it derives revenue from a domestic operation. It generates revenue from the sales, and leasing of properties.

Italpinas Development Headlines

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