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Kenanga Investment Bank Bhd (XKLS:6483) E10 : RM0.08 (As of Mar. 2024)


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What is Kenanga Investment Bank 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.

Kenanga Investment Bank Bhd's adjusted earnings per share data for the three months ended in Mar. 2024 was RM0.031. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kenanga Investment Bank Bhd's average E10 Growth Rate was 14.30% 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 (2024-06-20), Kenanga Investment Bank Bhd's current stock price is RM1.21. Kenanga Investment Bank Bhd's E10 for the quarter that ended in Mar. 2024 was RM0.08. Kenanga Investment Bank Bhd's Shiller PE Ratio of today is 15.13.

During the past 13 years, the highest Shiller PE Ratio of Kenanga Investment Bank Bhd was 28.00. The lowest was 10.63. And the median was 14.83.


Kenanga Investment Bank Bhd E10 Historical Data

The historical data trend for Kenanga Investment Bank 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.

Kenanga Investment Bank Bhd E10 Chart

Kenanga Investment Bank Bhd 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 - - 0.05 0.06 0.08

Kenanga Investment Bank Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 0.07 0.07 0.08 0.08 0.08

Competitive Comparison of Kenanga Investment Bank Bhd's E10

For the Capital Markets subindustry, Kenanga Investment Bank 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.


Kenanga Investment Bank Bhd's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kenanga Investment Bank Bhd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kenanga Investment Bank Bhd's Shiller PE Ratio falls into.



Kenanga Investment Bank 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, Kenanga Investment Bank 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)
=0.031/131.7762*131.7762
=0.031

Current CPI (Mar. 2024) = 131.7762.

Kenanga Investment Bank Bhd Quarterly Data

per share eps CPI Adj_EPS
201406 0.000 100.560 0.000
201409 0.027 100.428 0.035
201412 0.003 99.070 0.004
201503 0.009 99.621 0.012
201506 0.001 100.684 0.001
201509 -0.018 100.392 -0.024
201512 0.023 99.792 0.030
201603 0.010 100.470 0.013
201606 0.005 101.688 0.006
201609 0.008 101.861 0.010
201612 0.003 101.863 0.004
201703 0.003 102.862 0.004
201706 0.006 103.349 0.008
201709 0.008 104.136 0.010
201712 0.017 104.011 0.022
201803 0.021 105.290 0.026
201806 0.004 106.317 0.005
201809 0.008 106.507 0.010
201812 -0.017 105.998 -0.021
201903 0.011 107.251 0.014
201906 0.008 108.070 0.010
201909 0.006 108.329 0.007
201912 0.013 108.420 0.016
202003 -0.010 108.902 -0.012
202006 0.029 108.767 0.035
202009 0.069 109.815 0.083
202012 0.054 109.897 0.065
202103 0.046 111.754 0.054
202106 0.042 114.631 0.048
202109 0.029 115.734 0.033
202112 0.044 117.630 0.049
202203 0.023 121.301 0.025
202206 0.025 125.017 0.026
202209 0.008 125.227 0.008
202212 0.019 125.222 0.020
202303 0.014 127.348 0.014
202306 0.023 128.729 0.024
202309 0.033 129.860 0.033
202312 0.030 129.419 0.031
202403 0.031 131.776 0.031

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


Kenanga Investment Bank Bhd  (XKLS:6483) 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.

Kenanga Investment Bank Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.21/0.08
=15.13

* 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 Kenanga Investment Bank Bhd was 28.00. The lowest was 10.63. And the median was 14.83.


Be Aware

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


Kenanga Investment Bank Bhd E10 Related Terms

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


Kenanga Investment Bank Bhd (XKLS:6483) Business Description

Traded in Other Exchanges
N/A
Address
237, Jalan Tun Razak, Level 17, Kenanga Tower, Wilayah Persekutuan, Kuala Lumpur, MYS, 50400
Kenanga Investment Bank Bhd is a Malaysia based independent investment bank. It offers the provision of nominee services, private equity, promotion and management of collective investment schemes and management of investment funds. The company has five operating divisions: Investment banking business, treasury, and related financial services; Stockbroking dealings in securities and investment related services; Listed derivatives is into Futures broking business; Money lending and financing, Islamic factoring, and leasing; Investment and wealth management including management of funds and unit trusts, Corporate and others. It derives most of its revenues from Stock broking Dealings.

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