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Albemarle (WBO:ALBE) E10 : €5.26 (As of Sep. 2024)


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What is Albemarle 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.

Albemarle's adjusted earnings per share data for the three months ended in Sep. 2024 was €-8.514. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.26 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Albemarle's average E10 Growth Rate was -25.70% per year. During the past 3 years, the average E10 Growth Rate was 19.30% per year. During the past 5 years, the average E10 Growth Rate was 12.90% per year. During the past 10 years, the average E10 Growth Rate was 8.70% 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 Albemarle was 19.30% per year. The lowest was 2.10% per year. And the median was 9.00% per year.

As of today (2024-12-13), Albemarle's current stock price is €97.90. Albemarle's E10 for the quarter that ended in Sep. 2024 was €5.26. Albemarle's Shiller PE Ratio of today is 18.61.

During the past 13 years, the highest Shiller PE Ratio of Albemarle was 70.01. The lowest was 11.23. And the median was 26.15.


Albemarle E10 Historical Data

The historical data trend for Albemarle'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.

Albemarle E10 Chart

Albemarle 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 3.64 3.34 3.51 5.71 6.57

Albemarle 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 7.59 6.57 6.43 6.33 5.26

Competitive Comparison of Albemarle's E10

For the Specialty Chemicals subindustry, Albemarle'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.


Albemarle's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Albemarle's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Albemarle's Shiller PE Ratio falls into.



Albemarle 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, Albemarle'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)
=-8.514/133.0289*133.0289
=-8.514

Current CPI (Sep. 2024) = 133.0289.

Albemarle Quarterly Data

per share eps CPI Adj_EPS
201412 -0.195 99.070 -0.262
201503 0.370 99.621 0.494
201506 0.410 100.684 0.542
201509 0.517 100.392 0.685
201512 1.423 99.792 1.897
201603 1.814 100.470 2.402
201606 -2.492 101.688 -3.260
201609 1.007 101.861 1.315
201612 5.024 101.863 6.561
201703 0.421 102.862 0.544
201706 0.819 103.349 1.054
201709 0.889 104.136 1.136
201712 -1.673 104.011 -2.140
201803 0.957 105.290 1.209
201806 2.337 106.317 2.924
201809 1.028 106.507 1.284
201812 1.064 105.998 1.335
201903 1.115 107.251 1.383
201906 1.283 108.070 1.579
201909 1.326 108.329 1.628
201912 0.765 108.420 0.939
202003 0.914 108.902 1.116
202006 0.710 108.767 0.868
202009 0.781 109.815 0.946
202012 0.649 109.897 0.786
202103 0.706 111.754 0.840
202106 3.005 114.631 3.487
202109 -2.856 115.734 -3.283
202112 -0.027 117.630 -0.031
202203 1.952 121.301 2.141
202206 3.273 125.017 3.483
202209 7.686 125.227 8.165
202212 9.062 125.222 9.627
202303 9.816 127.348 10.254
202306 5.095 128.729 5.265
202309 2.408 129.860 2.467
202312 -4.823 129.419 -4.958
202403 -0.074 131.776 -0.075
202406 -1.821 132.554 -1.828
202409 -8.514 133.029 -8.514

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


Albemarle  (WBO:ALBE) 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.

Albemarle's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=97.90/5.26
=18.61

* 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 Albemarle was 70.01. The lowest was 11.23. And the median was 26.15.


Be Aware

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


Albemarle E10 Related Terms

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


Albemarle Business Description

Address
4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

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