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Alaris Equity Partnersome Trust (TSX:AD.UN) E10 : C$2.20 (As of Sep. 2024)


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What is Alaris Equity Partnersome Trust 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.

Alaris Equity Partnersome Trust's adjusted earnings per share data for the three months ended in Sep. 2024 was C$1.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$2.20 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Alaris Equity Partnersome Trust's average E10 Growth Rate was 17.00% per year. During the past 3 years, the average E10 Growth Rate was 13.30% per year. During the past 5 years, the average E10 Growth Rate was 7.40% 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 Alaris Equity Partnersome Trust was 13.30% per year. The lowest was 1.40% per year. And the median was 4.00% per year.

As of today (2024-12-12), Alaris Equity Partnersome Trust's current stock price is C$19.43. Alaris Equity Partnersome Trust's E10 for the quarter that ended in Sep. 2024 was C$2.20. Alaris Equity Partnersome Trust's Shiller PE Ratio of today is 8.83.

During the past 13 years, the highest Shiller PE Ratio of Alaris Equity Partnersome Trust was 25.36. The lowest was 5.49. And the median was 12.39.


Alaris Equity Partnersome Trust E10 Historical Data

The historical data trend for Alaris Equity Partnersome Trust'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.

Alaris Equity Partnersome Trust E10 Chart

Alaris Equity Partnersome Trust 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 1.36 1.36 1.50 1.77 1.98

Alaris Equity Partnersome Trust 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 1.88 1.98 2.10 2.15 2.20

Competitive Comparison of Alaris Equity Partnersome Trust's E10

For the Asset Management subindustry, Alaris Equity Partnersome Trust'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.


Alaris Equity Partnersome Trust's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alaris Equity Partnersome Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Alaris Equity Partnersome Trust's Shiller PE Ratio falls into.



Alaris Equity Partnersome Trust 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, Alaris Equity Partnersome Trust'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)
=1.11/127.2847*127.2847
=1.110

Current CPI (Sep. 2024) = 127.2847.

Alaris Equity Partnersome Trust Quarterly Data

per share eps CPI Adj_EPS
201412 0.420 98.367 0.543
201503 0.660 99.789 0.842
201506 0.270 100.500 0.342
201509 0.180 100.421 0.228
201512 0.580 99.947 0.739
201603 0.570 101.054 0.718
201606 0.190 102.002 0.237
201609 0.460 101.765 0.575
201612 0.590 101.449 0.740
201703 0.320 102.634 0.397
201706 0.380 103.029 0.469
201709 -0.600 103.345 -0.739
201712 0.310 103.345 0.382
201803 -0.090 105.004 -0.109
201806 0.730 105.557 0.880
201809 0.520 105.636 0.627
201812 0.490 105.399 0.592
201903 0.310 106.979 0.369
201906 0.600 107.690 0.709
201909 0.570 107.611 0.674
201912 -0.490 107.769 -0.579
202003 -1.160 107.927 -1.368
202006 0.100 108.401 0.117
202009 0.750 108.164 0.883
202012 0.850 108.559 0.997
202103 0.540 110.298 0.623
202106 0.630 111.720 0.718
202109 0.970 112.905 1.094
202112 0.970 113.774 1.085
202203 0.590 117.646 0.638
202206 0.810 120.806 0.853
202209 0.650 120.648 0.686
202212 0.740 120.964 0.779
202303 0.120 122.702 0.124
202306 0.610 124.203 0.625
202309 1.310 125.230 1.331
202312 0.850 125.072 0.865
202403 1.520 126.258 1.532
202406 0.690 127.522 0.689
202409 1.110 127.285 1.110

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


Alaris Equity Partnersome Trust  (TSX:AD.UN) 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.

Alaris Equity Partnersome Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.43/2.2
=8.83

* 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 Alaris Equity Partnersome Trust was 25.36. The lowest was 5.49. And the median was 12.39.


Be Aware

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


Alaris Equity Partnersome Trust E10 Related Terms

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


Alaris Equity Partnersome Trust Business Description

Traded in Other Exchanges
Address
333 - 24th Avenue South West, Suite 250, Calgary, AB, CAN, T2S 3E6
Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner's common equity position.

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