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Alexander & Baldwin (STU:ABU) E10 : €0.41 (As of Sep. 2024)


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What is Alexander & Baldwin 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.

Alexander & Baldwin's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.234. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.41 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Alexander & Baldwin's average E10 Growth Rate was -22.00% per year. During the past 3 years, the average E10 Growth Rate was -8.40% 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 Alexander & Baldwin was -8.40% per year. The lowest was -8.40% per year. And the median was -8.40% per year.

As of today (2024-12-11), Alexander & Baldwin's current stock price is €18.20. Alexander & Baldwin's E10 for the quarter that ended in Sep. 2024 was €0.41. Alexander & Baldwin's Shiller PE Ratio of today is 44.39.

During the past 13 years, the highest Shiller PE Ratio of Alexander & Baldwin was 43.07. The lowest was 14.34. And the median was 32.04.


Alexander & Baldwin E10 Historical Data

The historical data trend for Alexander & Baldwin'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.

Alexander & Baldwin E10 Chart

Alexander & Baldwin 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 - - - - -

Alexander & Baldwin 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 - - 0.43 0.42 0.41

Competitive Comparison of Alexander & Baldwin's E10

For the REIT - Retail subindustry, Alexander & Baldwin'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.


Alexander & Baldwin's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Alexander & Baldwin's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Alexander & Baldwin's Shiller PE Ratio falls into.



Alexander & Baldwin 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, Alexander & Baldwin'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)
=0.234/133.0289*133.0289
=0.234

Current CPI (Sep. 2024) = 133.0289.

Alexander & Baldwin Quarterly Data

per share eps CPI Adj_EPS
201412 0.114 99.070 0.153
201503 0.471 99.621 0.629
201506 0.178 100.684 0.235
201509 0.098 100.392 0.130
201512 -0.266 99.792 -0.355
201603 -0.135 100.470 -0.179
201606 -0.009 101.688 -0.012
201609 -0.027 101.861 -0.035
201612 0.009 101.863 0.012
201703 0.131 102.862 0.169
201706 0.080 103.349 0.103
201709 0.109 104.136 0.139
201712 2.890 104.011 3.696
201803 0.535 105.290 0.676
201806 0.026 106.317 0.033
201809 0.171 106.507 0.214
201812 -1.670 105.998 -2.096
201903 0.106 107.251 0.131
201906 -0.009 108.070 -0.011
201909 -0.627 108.329 -0.770
201912 0.063 108.420 0.077
202003 0.081 108.902 0.099
202006 -0.062 108.767 -0.076
202009 0.034 109.815 0.041
202012 0.016 109.897 0.019
202103 0.118 111.754 0.140
202106 0.149 114.631 0.173
202109 0.077 115.734 0.089
202112 0.071 117.630 0.080
202203 0.127 121.301 0.139
202206 0.047 125.017 0.050
202209 0.091 125.227 0.097
202212 -0.935 125.222 -0.993
202303 0.065 127.348 0.068
202306 0.166 128.729 0.172
202309 0.187 129.860 0.192
202312 -0.046 129.419 -0.047
202403 0.258 131.776 0.260
202406 0.121 132.554 0.121
202409 0.234 133.029 0.234

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


Alexander & Baldwin  (STU:ABU) 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.

Alexander & Baldwin's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.20/0.41
=44.39

* 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 Alexander & Baldwin was 43.07. The lowest was 14.34. And the median was 32.04.


Be Aware

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


Alexander & Baldwin E10 Related Terms

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


Alexander & Baldwin Business Description

Comparable Companies
Traded in Other Exchanges
Address
822 Bishop Street, Post Office Box 3440, Honolulu, HI, USA, 96801
Alexander & Baldwin Inc operates in the real estate sector. It functions through two segments namely Commercial Real Estate and Land Operations. The Commercial Real Estate segment owns and manages retail, industrial spaces and also urban ground leases in Hawaii, thereby accounting for majority of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. Geographically, the activities are carried out across the United States.

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