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AirAsia X Bhd (XKLS:5238) E10 : RM6.71 (As of Mar. 2024)


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What is AirAsia X 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.

AirAsia X Bhd's adjusted earnings per share data for the three months ended in Mar. 2024 was RM0.179. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM6.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AirAsia X Bhd's average E10 Growth Rate was 4.40% 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.

As of today (2024-06-21), AirAsia X Bhd's current stock price is RM1.49. AirAsia X Bhd's E10 for the quarter that ended in Mar. 2024 was RM6.71. AirAsia X Bhd's Shiller PE Ratio of today is 0.22.

During the past 9 years, the highest Shiller PE Ratio of AirAsia X Bhd was 0.39. The lowest was 0.11. And the median was 0.25.


AirAsia X Bhd E10 Historical Data

The historical data trend for AirAsia X 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.

AirAsia X Bhd E10 Chart

AirAsia X Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec23
E10
Get a 7-Day Free Trial Premium Member Only - - - - 6.58

AirAsia X Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 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 6.43 6.44 6.48 6.58 6.71

Competitive Comparison of AirAsia X Bhd's E10

For the Airlines subindustry, AirAsia X 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.


AirAsia X Bhd's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AirAsia X Bhd's Shiller PE Ratio distribution charts can be found below:

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



AirAsia X 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, AirAsia X Bhd'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)
=0.179/131.7762*131.7762
=0.179

Current CPI (Mar. 2024) = 131.7762.

AirAsia X Bhd Quarterly Data

per share eps CPI Adj_EPS
201312 -0.450 98.326 -0.603
201403 -0.040 99.695 -0.053
201406 -0.434 100.560 -0.569
201409 -0.716 100.428 -0.939
201412 -0.571 99.070 -0.760
201503 -0.426 99.621 -0.564
201506 -0.450 100.684 -0.589
201509 -0.970 100.392 -1.273
201512 0.810 99.792 1.070
201603 0.426 100.470 0.559
201606 0.002 101.688 0.003
201609 0.030 101.861 0.039
201612 -0.350 101.863 -0.453
201703 2.000 102.862 2.562
201706 0.110 103.349 0.140
201709 -0.100 104.136 -0.127
201712 0.210 104.011 0.266
201803 0.100 105.290 0.125
201806 -0.140 106.317 -0.174
201809 -0.480 106.507 -0.594
201812 -0.220 105.998 -0.274
201903 0.100 107.251 0.123
201906 -0.500 108.070 -0.610
201909 -0.550 108.329 -0.669
201912 -0.620 108.420 -0.754
202003 -1.330 108.902 -1.609
202006 -0.740 108.767 -0.897
202009 -0.740 109.815 -0.888
202103 -13.670 111.754 -16.119
202109 -0.360 115.734 -0.410
202112 -0.030 117.630 -0.034
202203 81.043 121.301 88.042
202206 0.000 125.017 0.000
202209 0.060 125.227 0.063
202212 0.370 125.222 0.389
202303 0.791 127.348 0.819
202306 0.012 128.729 0.012
202309 0.012 129.860 0.012
202312 -0.016 129.419 -0.016
202403 0.179 131.776 0.179

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


AirAsia X Bhd  (XKLS:5238) 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.

AirAsia X Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.49/6.71
=0.22

* 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 9 years, the highest Shiller P/E Ratio of AirAsia X Bhd was 0.39. The lowest was 0.11. And the median was 0.25.


Be Aware

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


AirAsia X Bhd E10 Related Terms

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


AirAsia X Bhd (XKLS:5238) Business Description

Traded in Other Exchanges
N/A
Address
RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, SGR, MYS, 64000
AirAsia X Bhd is a Malaysia-based long-haul airline company, engaged in providing long-haul air transportation services. It operates primarily in the Asia-Pacific region. The organization's reportable segments are classified as each company with an Air Operator Certificate held under the AirAsia brand, namely Malaysia, Thailand, and Indonesia. Thailand is the maximum revenue-generating segment for the company. It derives revenue through freight services, aircraft operating lease income, management fees, and through other ancillary activities. It also offers management logistical and marketing services and engine and aircraft leasing services.

AirAsia X Bhd (XKLS:5238) Headlines

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