GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SBS Philippines Corp (PHS:SBS) » Definitions » E10

SBS Philippines (PHS:SBS) E10 : ₱0.24 (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is SBS Philippines 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.

SBS Philippines's adjusted earnings per share data for the three months ended in Sep. 2024 was ₱0.006. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱0.24 for the trailing ten years ended in Sep. 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 (2025-03-05), SBS Philippines's current stock price is ₱4.97. SBS Philippines's E10 for the quarter that ended in Sep. 2024 was ₱0.24. SBS Philippines's Shiller PE Ratio of today is 20.71.

During the past 10 years, the highest Shiller PE Ratio of SBS Philippines was 22.92. The lowest was 0.31. And the median was 14.46.


SBS Philippines E10 Historical Data

The historical data trend for SBS Philippines'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.

SBS Philippines E10 Chart

SBS Philippines 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 - - - - -

SBS Philippines 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 - - - 12.24 0.24

Competitive Comparison of SBS Philippines's E10

For the Chemicals subindustry, SBS Philippines'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.


SBS Philippines's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SBS Philippines's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SBS Philippines's Shiller PE Ratio falls into.



SBS Philippines 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, SBS Philippines'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)
=0.006/133.0289*133.0289
=0.006

Current CPI (Sep. 2024) = 133.0289.

SBS Philippines Quarterly Data

per share eps CPI Adj_EPS
201412 0.067 99.070 0.090
201503 0.055 99.621 0.073
201506 0.046 100.684 0.061
201509 0.046 100.392 0.061
201512 0.037 99.792 0.049
201603 0.037 100.470 0.049
201606 0.686 101.688 0.897
201609 0.050 101.861 0.065
201612 0.030 101.863 0.039
201703 0.020 102.862 0.026
201706 0.020 103.349 0.026
201709 0.010 104.136 0.013
201712 0.020 104.011 0.026
201803 0.020 105.290 0.025
201806 0.003 106.317 0.004
201809 0.006 106.507 0.007
201812 0.079 105.998 0.099
201903 0.003 107.251 0.004
201906 0.006 108.070 0.007
201909 0.019 108.329 0.023
201912 -0.025 108.420 -0.031
202003 0.010 108.902 0.012
202006 -0.008 108.767 -0.010
202009 0.006 109.815 0.007
202012 0.442 109.897 0.535
202103 -0.013 111.754 -0.015
202106 0.127 114.631 0.147
202109 -0.001 115.734 -0.001
202112 -0.003 117.630 -0.003
202203 0.020 121.301 0.022
202206 0.025 125.017 0.027
202209 0.017 125.227 0.018
202212 0.017 125.222 0.018
202303 0.008 127.348 0.008
202306 0.004 128.729 0.004
202309 0.004 129.860 0.004
202312 0.013 129.419 0.013
202403 0.008 131.776 0.008
202406 -0.001 132.554 -0.001
202409 0.006 133.029 0.006

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


SBS Philippines  (PHS:SBS) 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.

SBS Philippines's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.97/0.24
=20.71

* 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 10 years, the highest Shiller P/E Ratio of SBS Philippines was 22.92. The lowest was 0.31. And the median was 14.46.


Be Aware

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


SBS Philippines E10 Related Terms

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


SBS Philippines Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Resthaven Street, San Francisco Del Monte, Metro Manila, Quezon, PHL, 1105
SBS Philippines Corp is engaged in chemical trading and distribution. The Company offers a comprehensive selection of chemical products to service the following industries: food ingredients, industrial, agribusiness, feeds and veterinary care, pharmaceutical, personal care and cosmetics. It also provides value-added service to its customers by providing logistics management in sourcing, procuring, warehousing and transporting the chemical products and materials. It derives maximum revenue from sale of goods.