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Pal Holdings (PHS:PAL) E10 : ₱-0.04 (As of Sep. 2024)


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What is Pal Holdings 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.

Pal Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was ₱0.042. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱-0.04 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 59.70% per year. During the past 5 years, the average E10 Growth Rate was 51.50% 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 Pal Holdings was 64.40% per year. The lowest was -6.00% per year. And the median was 59.70% per year.

As of today (2024-12-15), Pal Holdings's current stock price is ₱5.00. Pal Holdings's E10 for the quarter that ended in Sep. 2024 was ₱-0.04. Pal Holdings's Shiller PE Ratio of today is .


Pal Holdings E10 Historical Data

The historical data trend for Pal Holdings'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.

Pal Holdings E10 Chart

Pal Holdings 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 -0.26 -1.07 -0.47 -0.31 -0.07

Pal Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.14 -0.07 -0.03 -0.04 -0.04

Competitive Comparison of Pal Holdings's E10

For the Airlines subindustry, Pal Holdings'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.


Pal Holdings's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pal Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Pal Holdings's Shiller PE Ratio falls into.



Pal Holdings 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, Pal Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.042/133.0289*133.0289
=0.042

Current CPI (Sep. 2024) = 133.0289.

Pal Holdings Quarterly Data

per share eps CPI Adj_EPS
201412 -0.010 99.070 -0.013
201503 0.333 99.621 0.445
201506 0.178 100.684 0.235
201509 0.022 100.392 0.029
201512 0.011 99.792 0.015
201603 0.289 100.470 0.383
201606 0.156 101.688 0.204
201609 -0.200 101.861 -0.261
201612 0.113 101.863 0.148
201703 -0.082 102.862 -0.106
201706 -0.030 103.349 -0.039
201709 -0.255 104.136 -0.326
201712 -0.265 104.011 -0.339
201803 -0.095 105.290 -0.120
201806 -0.025 106.317 -0.031
201809 -0.254 106.507 -0.317
201812 -0.025 105.998 -0.031
201903 -0.072 107.251 -0.089
201906 -0.215 108.070 -0.265
201909 -0.445 108.329 -0.546
201912 -0.156 108.420 -0.191
202003 -0.808 108.902 -0.987
202006 -0.995 108.767 -1.217
202009 -0.682 109.815 -0.826
202012 -3.700 109.897 -4.479
202103 -0.740 111.754 -0.881
202106 -0.685 114.631 -0.795
202109 -0.455 115.734 -0.523
202112 6.969 117.630 7.881
202203 0.093 121.301 0.102
202206 0.213 125.017 0.227
202209 0.276 125.227 0.293
202212 0.120 125.222 0.127
202303 0.401 127.348 0.419
202306 0.537 128.729 0.555
202309 0.368 129.860 0.377
202312 0.142 129.419 0.146
202403 0.310 131.776 0.313
202406 0.088 132.554 0.088
202409 0.042 133.029 0.042

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


Pal Holdings  (PHS:PAL) 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.


Be Aware

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


Pal Holdings E10 Related Terms

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


Pal Holdings Business Description

Traded in Other Exchanges
N/A
Address
President Diosdado Macapagal Avenue, 8th Floor, PNB Financial Center, CCP Complex, Metro Manila, Pasay City, PHL, 1300
Pal Holdings Inc through its subsidiaries, provides air transportation for passengers and cargo within and outside the Philippines. The revenues of the company are derived from rendering transportation services and sales are made to external customers.