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J M AB (STU:JMM) E10 : €2.20 (As of Mar. 2024)


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What is J M AB 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.

J M AB's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.062. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, J M AB's average E10 Growth Rate was -0.20% per year. During the past 3 years, the average E10 Growth Rate was 9.90% per year. During the past 5 years, the average E10 Growth Rate was 10.40% 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 J M AB was 11.50% per year. The lowest was 9.90% per year. And the median was 10.30% per year.

As of today (2024-06-24), J M AB's current stock price is €17.14. J M AB's E10 for the quarter that ended in Mar. 2024 was €2.20. J M AB's Shiller PE Ratio of today is 7.79.

During the past 13 years, the highest Shiller PE Ratio of J M AB was 19.99. The lowest was 4.39. And the median was 11.23.


J M AB E10 Historical Data

The historical data trend for J M AB'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.

J M AB E10 Chart

J M AB 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 1.71 1.91 2.18 2.21 2.33

J M AB 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 2.22 2.19 2.24 2.33 2.20

Competitive Comparison of J M AB's E10

For the Residential Construction subindustry, J M AB'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.


J M AB's Shiller PE Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, J M AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where J M AB's Shiller PE Ratio falls into.



J M AB 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, J M AB'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)
=0.062/132.2054*132.2054
=0.062

Current CPI (Mar. 2024) = 132.2054.

J M AB Quarterly Data

per share eps CPI Adj_EPS
201406 0.451 100.432 0.594
201409 0.381 100.161 0.503
201412 0.606 100.225 0.799
201503 0.378 99.950 0.500
201506 0.377 99.995 0.498
201509 0.351 100.228 0.463
201512 0.443 100.276 0.584
201603 0.441 100.751 0.579
201606 0.472 101.019 0.618
201609 0.554 101.138 0.724
201612 0.680 102.022 0.881
201703 1.049 102.022 1.359
201706 0.708 102.752 0.911
201709 0.660 103.279 0.845
201712 0.876 103.793 1.116
201803 0.541 103.962 0.688
201806 0.525 104.875 0.662
201809 0.383 105.679 0.479
201812 0.535 105.912 0.668
201903 0.305 105.886 0.381
201906 0.517 106.742 0.640
201909 0.655 107.214 0.808
201912 0.582 107.766 0.714
202003 0.487 106.563 0.604
202006 0.372 107.498 0.458
202009 0.403 107.635 0.495
202012 0.845 108.296 1.032
202103 0.492 108.360 0.600
202106 0.672 108.928 0.816
202109 0.433 110.338 0.519
202112 0.954 112.486 1.121
202203 0.285 114.825 0.328
202206 0.358 118.384 0.400
202209 0.380 122.296 0.411
202212 1.019 126.365 1.066
202303 0.669 127.042 0.696
202306 0.283 129.407 0.289
202309 0.465 130.224 0.472
202312 -0.045 131.912 -0.045
202403 0.062 132.205 0.062

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


J M AB  (STU:JMM) 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.

J M AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.14/2.2
=7.79

* 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 J M AB was 19.99. The lowest was 4.39. And the median was 11.23.


Be Aware

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


J M AB E10 Related Terms

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


J M AB (STU:JMM) Business Description

Traded in Other Exchanges
Address
Gustav III:S boulevard 64, Solna, Stockholm, SWE, SE-169 82
J M AB is a Nordic residential construction developer. It is focused on apartments and townhomes in metropolitan areas and university towns across Sweden, Norway, and Finland. The company has five operating segments; JM RESIDENTIAL STOCKHOLM; which develops residential projects in Greater Stockholm, JM RESIDENTIAL SWEDEN; which develops residential projects in growth areas in Sweden, excluding Greater Stockholm, JM INTERNATIONAL; develops residential projects in Norway and Finland, JM PROPERTY DEVELOPMENT; develops rental units, residential care units and commercial properties in Greater Stockholm, JM CONSTRUCTION; carries out construction work for external and internal customers in the Greater Stockholm area.

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