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PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) E10 : $0.43 (As of Mar. 2024)


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What is PT Jasa Marga (Persero) Tbk 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.

PT Jasa Marga (Persero) Tbk's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.105. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Jasa Marga (Persero) Tbk's average E10 Growth Rate was 16.20% per year. During the past 3 years, the average E10 Growth Rate was 11.40% 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 PT Jasa Marga (Persero) Tbk was 11.40% per year. The lowest was -46.20% per year. And the median was -17.40% per year.

As of today (2024-06-06), PT Jasa Marga (Persero) Tbk's current stock price is $5.74. PT Jasa Marga (Persero) Tbk's E10 for the quarter that ended in Mar. 2024 was $0.43. PT Jasa Marga (Persero) Tbk's Shiller PE Ratio of today is 13.35.

During the past 13 years, the highest Shiller PE Ratio of PT Jasa Marga (Persero) Tbk was 18.67. The lowest was 1.42. And the median was 13.19.


PT Jasa Marga (Persero) Tbk E10 Historical Data

The historical data trend for PT Jasa Marga (Persero) Tbk'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.

PT Jasa Marga (Persero) Tbk E10 Chart

PT Jasa Marga (Persero) Tbk 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 2.77 0.25 0.51 0.36 0.35

PT Jasa Marga (Persero) Tbk 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 0.44 0.34 0.39 0.35 0.43

Competitive Comparison of PT Jasa Marga (Persero) Tbk's E10

For the Infrastructure Operations subindustry, PT Jasa Marga (Persero) Tbk'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.


PT Jasa Marga (Persero) Tbk's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Jasa Marga (Persero) Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Jasa Marga (Persero) Tbk's Shiller PE Ratio falls into.



PT Jasa Marga (Persero) Tbk 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, PT Jasa Marga (Persero) Tbk'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)
=0.105/130.6070*130.6070
=0.105

Current CPI (Mar. 2024) = 130.6070.

PT Jasa Marga (Persero) Tbk Quarterly Data

per share eps CPI Adj_EPS
201406 0.107 93.015 0.150
201409 0.060 94.576 0.083
201412 0.085 98.819 0.112
201503 0.079 98.388 0.105
201506 0.064 99.766 0.084
201509 0.072 101.037 0.093
201512 0.099 102.133 0.127
201603 0.091 102.764 0.116
201606 0.115 103.212 0.146
201609 0.085 104.142 0.107
201612 0.096 105.222 0.119
201703 0.113 106.476 0.139
201706 0.097 107.722 0.118
201709 0.181 108.020 0.219
201712 0.061 109.017 0.073
201803 0.117 110.097 0.139
201806 0.089 111.085 0.105
201809 0.134 111.135 0.157
201812 0.082 112.430 0.095
201903 0.113 112.829 0.131
201906 0.093 114.730 0.106
201909 0.086 114.905 0.098
201912 0.140 115.486 0.158
202003 0.099 116.252 0.111
202006 -0.093 116.630 -0.104
202009 0.010 116.397 0.011
202012 0.067 117.318 0.075
202103 0.031 117.840 0.034
202106 0.132 118.184 0.146
202109 -0.020 118.262 -0.022
202112 0.167 119.516 0.182
202203 0.075 120.948 0.081
202206 0.063 123.322 0.067
202209 0.049 125.298 0.051
202212 0.304 126.098 0.315
202303 0.503 126.953 0.517
202306 -0.293 127.663 -0.300
202309 0.856 128.151 0.872
202312 0.146 129.395 0.147
202403 0.105 130.607 0.105

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


PT Jasa Marga (Persero) Tbk  (OTCPK:PTJSY) 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.

PT Jasa Marga (Persero) Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.74/0.43
=13.35

* 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 PT Jasa Marga (Persero) Tbk was 18.67. The lowest was 1.42. And the median was 13.19.


Be Aware

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


PT Jasa Marga (Persero) Tbk E10 Related Terms

Thank you for viewing the detailed overview of PT Jasa Marga (Persero) Tbk's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Plaza Tol Taman Mini Indonesia Indah, Kantor Pusat, Jakarta, IDN, 13550
PT Jasa Marga (Persero) Tbk is an industrial company that constructs and operates toll roads. The company organizes operations into five segments: toll road, operations, maintenance, Related business, and others. The toll business segment, which contributes the vast majority of revenue, works on increasing ownership of the company's toll road assets. The operating segment is engaged in operating toll roads, while the maintenance segment provides toll road maintenance services. The other business segment operates fuel stations, leases and sells property assets, and earns advertising revenue.

PT Jasa Marga (Persero) Tbk (PT Jasa Marga (Persero) Tbk) Headlines

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