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ArcelorMittal Kryviy Rih PJSC (UKEX:KSTL) E10 : ₴0.34 (As of Dec. 2020)


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What is ArcelorMittal Kryviy Rih PJSC 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.

ArcelorMittal Kryviy Rih PJSC's adjusted earnings per share data for the fiscal year that ended in Dec. 2020 was ₴0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₴0.34 for the trailing ten years ended in Dec. 2020.

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 (2024-06-21), ArcelorMittal Kryviy Rih PJSC's current stock price is ₴ 4.21. ArcelorMittal Kryviy Rih PJSC's E10 for the fiscal year that ended in Dec. 2020 was ₴0.34. ArcelorMittal Kryviy Rih PJSC's Shiller PE Ratio of today is 12.38.


ArcelorMittal Kryviy Rih PJSC E10 Historical Data

The historical data trend for ArcelorMittal Kryviy Rih PJSC'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.

ArcelorMittal Kryviy Rih PJSC E10 Chart

ArcelorMittal Kryviy Rih PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.34

ArcelorMittal Kryviy Rih PJSC Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.34

Competitive Comparison of ArcelorMittal Kryviy Rih PJSC's E10

For the Steel subindustry, ArcelorMittal Kryviy Rih PJSC'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.


ArcelorMittal Kryviy Rih PJSC's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ArcelorMittal Kryviy Rih PJSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where ArcelorMittal Kryviy Rih PJSC's Shiller PE Ratio falls into.



ArcelorMittal Kryviy Rih PJSC 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, ArcelorMittal Kryviy Rih PJSC's adjusted earnings per share data for the fiscal year that ended in Dec. 2020 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.19/109.8968*109.8968
=0.190

Current CPI (Dec. 2020) = 109.8968.

ArcelorMittal Kryviy Rih PJSC Annual Data

per_share_eps CPI Adj_EPS
201112 0.000 95.213 0.000
201212 -0.750 96.871 -0.851
201312 -0.360 98.326 -0.402
201412 -0.300 99.070 -0.333
201512 0.360 99.792 0.396
201612 0.700 101.863 0.755
201712 1.310 104.011 1.384
201812 2.460 105.998 2.550
201912 -0.590 108.420 -0.598
202012 0.190 109.897 0.190

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


ArcelorMittal Kryviy Rih PJSC  (UKEX:KSTL) 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.

ArcelorMittal Kryviy Rih PJSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.21/0.34
=12.38

* 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.


Be Aware

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


ArcelorMittal Kryviy Rih PJSC E10 Related Terms

Thank you for viewing the detailed overview of ArcelorMittal Kryviy Rih PJSC's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


ArcelorMittal Kryviy Rih PJSC (UKEX:KSTL) Business Description

Traded in Other Exchanges
N/A
Address
Street Ordzhonikidze, 1, Krivoy Rog, Dnipropetrovsk, UKR, 50095
ArcelorMittal Kryviy Rih PJSC is engaged in two business segments: mining and steel. The mining segment includes divisions of the Company engaged in the extraction and processing of iron ore raw materials, namely: mine management of underground ore mining and mining and processing complex. The steel segment includes the Company's divisions related to the production of steel products, namely coke and steel production. The main products of the steel are steel billets, fittings, wire rod, and others.

ArcelorMittal Kryviy Rih PJSC (UKEX:KSTL) Headlines

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