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Mycron Steel Bhd (XKLS:5087) E10 : RM0.07 (As of Sep. 2024)


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What is Mycron Steel Bhd 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.

Mycron Steel Bhd's adjusted earnings per share data for the three months ended in Sep. 2024 was RM-0.007. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.07 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Mycron Steel Bhd's average E10 Growth Rate was 16.70% 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.

As of today (2024-12-14), Mycron Steel Bhd's current stock price is RM0.34. Mycron Steel Bhd's E10 for the quarter that ended in Sep. 2024 was RM0.07. Mycron Steel Bhd's Shiller PE Ratio of today is 4.86.

During the past 13 years, the highest Shiller PE Ratio of Mycron Steel Bhd was 18.00. The lowest was 4.83. And the median was 7.25.


Mycron Steel Bhd E10 Historical Data

The historical data trend for Mycron Steel Bhd'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.

Mycron Steel Bhd E10 Chart

Mycron Steel Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -3.00 0.06 - 0.07

Mycron Steel Bhd 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 0.06 - 0.06 0.07 0.07

Competitive Comparison of Mycron Steel Bhd's E10

For the Steel subindustry, Mycron Steel Bhd'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.


Mycron Steel Bhd's Shiller PE Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Mycron Steel Bhd's Shiller PE Ratio falls into.



Mycron Steel Bhd 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, Mycron Steel Bhd'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)
=-0.007/133.0289*133.0289
=-0.007

Current CPI (Sep. 2024) = 133.0289.

Mycron Steel Bhd Quarterly Data

per share eps CPI Adj_EPS
201412 -0.024 99.070 -0.032
201503 -0.010 99.621 -0.013
201506 0.070 100.684 0.092
201509 0.010 100.392 0.013
201512 0.019 99.792 0.025
201603 0.024 100.470 0.032
201606 0.033 101.688 0.043
201609 0.036 101.861 0.047
201612 0.034 101.863 0.044
201703 0.026 102.862 0.034
201706 0.027 103.349 0.035
201709 0.021 104.136 0.027
201712 0.018 104.011 0.023
201803 0.013 105.290 0.016
201806 0.004 106.317 0.005
201809 0.005 106.507 0.006
201812 -0.013 105.998 -0.016
201903 -0.015 107.251 -0.019
201906 -0.015 108.070 -0.018
201909 0.001 108.329 0.001
201912 -0.010 108.420 -0.012
202003 -0.011 108.902 -0.013
202006 -0.013 108.767 -0.016
202009 0.012 109.815 0.015
202012 0.043 109.897 0.052
202103 0.054 111.754 0.064
202106 0.050 114.631 0.058
202109 0.024 115.734 0.028
202112 0.064 117.630 0.072
202203 0.046 121.301 0.050
202206 0.028 125.017 0.030
202209 0.005 125.227 0.005
202212 -0.041 125.222 -0.044
202303 -0.001 127.348 -0.001
202306 0.000 128.729 0.000
202309 0.004 129.860 0.004
202312 0.000 129.419 0.000
202403 0.023 131.776 0.023
202406 0.025 132.554 0.025
202409 -0.007 133.029 -0.007

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


Mycron Steel Bhd  (XKLS:5087) 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.

Mycron Steel Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.34/0.07
=4.86

* 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 Mycron Steel Bhd was 18.00. The lowest was 4.83. And the median was 7.25.


Be Aware

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


Mycron Steel Bhd E10 Related Terms

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


Mycron Steel Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 717, Jalan Sungai Rasau, Seksyen 16, Shah Alam, SGR, MYS, 40200
Mycron Steel Bhd is involved in the manufacturing of accessories made from steel, steel tubes, and pipes. The company mainly involves in the manufacture of Cold rolled coil-related products used in automotive, electrical appliances, electronics, and construction industries; Steel tubes, and Others. Its product portfolio includes cold-rolled electrical sheets, galvanized zinc sheets, tin-plated sheets, and electro-galvanized iron sheets. The company's operating segment includes Cold rolled coil; Steel tube and others. It generates maximum revenue from the Cold rolled Coil following Steel Tube.

Mycron Steel Bhd Headlines

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