GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Agribank Securities JSC (STC:AGR) » Definitions » E10

Agribank Securities JSC (STC:AGR) E10 : ₫111.19 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Agribank Securities JSC 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.

Agribank Securities JSC's adjusted earnings per share data for the three months ended in Mar. 2024 was ₫165.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₫111.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Agribank Securities JSC's average E10 Growth Rate was 31.90% 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 (2024-06-24), Agribank Securities JSC's current stock price is ₫20550.00. Agribank Securities JSC's E10 for the quarter that ended in Mar. 2024 was ₫111.19. Agribank Securities JSC's Shiller PE Ratio of today is 184.82.

During the past 13 years, the highest Shiller PE Ratio of Agribank Securities JSC was 539.04. The lowest was 42.28. And the median was 148.40.


Agribank Securities JSC E10 Historical Data

The historical data trend for Agribank Securities JSC'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.

Agribank Securities JSC E10 Chart

Agribank Securities JSC 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 - - 46.56 69.28 127.99

Agribank Securities JSC 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 84.27 99.80 107.09 127.99 111.19

Competitive Comparison of Agribank Securities JSC's E10

For the Capital Markets subindustry, Agribank Securities JSC'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.


Agribank Securities JSC's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Agribank Securities JSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Agribank Securities JSC's Shiller PE Ratio falls into.



Agribank Securities JSC 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, Agribank Securities JSC'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)
=165/131.7762*131.7762
=165.000

Current CPI (Mar. 2024) = 131.7762.

Agribank Securities JSC Quarterly Data

per share eps CPI Adj_EPS
201406 -158.461 100.560 -207.652
201409 -11.742 100.428 -15.407
201412 17.239 99.070 22.930
201503 18.700 99.621 24.736
201506 -76.770 100.684 -100.477
201509 -123.029 100.392 -161.491
201512 -688.963 99.792 -909.778
201603 -517.706 100.470 -679.019
201606 -1,451.740 101.688 -1,881.290
201609 -17.716 101.861 -22.919
201612 -78.524 101.863 -101.584
201703 241.137 102.862 308.919
201706 -0.984 103.349 -1.255
201709 69.881 104.136 88.429
201712 -7.534 104.011 -9.545
201803 56.101 105.290 70.214
201806 42.322 106.317 52.457
201809 94.486 106.507 116.904
201812 122.417 105.998 152.188
201903 84.644 107.251 104.000
201906 66.928 108.070 81.610
201909 64.959 108.329 79.019
201912 100.743 108.420 122.445
202003 60.038 108.902 72.649
202006 136.808 108.767 165.749
202009 176.178 109.815 211.411
202012 75.633 109.897 90.691
202103 172.241 111.754 203.100
202106 1,193.870 114.631 1,372.431
202109 106.297 115.734 121.031
202112 211.610 117.630 237.059
202203 233.263 121.301 253.407
202206 102.000 125.017 107.515
202209 143.000 125.227 150.479
202212 124.000 125.222 130.490
202303 207.000 127.348 214.198
202306 193.000 128.729 197.569
202309 124.000 129.860 125.830
202312 157.000 129.419 159.859
202403 165.000 131.776 165.000

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


Agribank Securities JSC  (STC:AGR) 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.

Agribank Securities JSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20550.00/111.19
=184.82

* 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 Agribank Securities JSC was 539.04. The lowest was 42.28. And the median was 148.40.


Be Aware

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


Agribank Securities JSC E10 Related Terms

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


Agribank Securities JSC (STC:AGR) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, ARTEX Building, 172 Ngoc Khanh, Ba Dinh District, Hanoi, VNM
Agribank Securities JSC operates as a securities services company in Vietnam. It business line include securities and stock brokerage, securities investment and corporate finance consultancy, and securities placement and registration services.