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Ayalon Insurance Co (XTAE:AYAL) E10 : ₪0.81 (As of Dec. 2023)


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What is Ayalon Insurance Co 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.

Ayalon Insurance Co's adjusted earnings per share data for the three months ended in Dec. 2023 was ₪2.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₪0.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ayalon Insurance Co's average E10 Growth Rate was 1.30% 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), Ayalon Insurance Co's current stock price is ₪17.06. Ayalon Insurance Co's E10 for the quarter that ended in Dec. 2023 was ₪0.81. Ayalon Insurance Co's Shiller PE Ratio of today is 21.06.

During the past 13 years, the highest Shiller PE Ratio of Ayalon Insurance Co was 89.72. The lowest was 11.33. And the median was 22.51.


Ayalon Insurance Co E10 Historical Data

The historical data trend for Ayalon Insurance Co'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.

Ayalon Insurance Co E10 Chart

Ayalon Insurance Co 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 - - 0.32 0.80 0.81

Ayalon Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.80 0.78 0.67 0.74 0.81

Competitive Comparison of Ayalon Insurance Co's E10

For the Insurance - Diversified subindustry, Ayalon Insurance Co'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.


Ayalon Insurance Co's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Ayalon Insurance Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ayalon Insurance Co's Shiller PE Ratio falls into.



Ayalon Insurance Co 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, Ayalon Insurance Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.38/129.4194*129.4194
=2.380

Current CPI (Dec. 2023) = 129.4194.

Ayalon Insurance Co Quarterly Data

per share eps CPI Adj_EPS
201403 1.310 99.695 1.701
201406 0.650 100.560 0.837
201409 0.940 100.428 1.211
201412 1.500 99.070 1.960
201503 -0.010 99.621 -0.013
201506 2.350 100.684 3.021
201509 0.630 100.392 0.812
201512 -1.080 99.792 -1.401
201603 -2.600 100.470 -3.349
201606 -0.660 101.688 -0.840
201609 1.080 101.861 1.372
201612 -2.158 101.863 -2.742
201703 1.050 102.862 1.321
201706 0.760 103.349 0.952
201709 -3.680 104.136 -4.573
201712 -0.010 104.011 -0.012
201803 1.260 105.290 1.549
201806 1.620 106.317 1.972
201809 0.510 106.507 0.620
201812 -0.720 105.998 -0.879
201903 0.270 107.251 0.326
201906 2.220 108.070 2.659
201909 -1.300 108.329 -1.553
201912 0.141 108.420 0.168
202003 -3.120 108.902 -3.708
202006 0.140 108.767 0.167
202009 1.220 109.815 1.438
202012 -1.761 109.897 -2.074
202103 2.280 111.754 2.640
202106 -1.090 114.631 -1.231
202109 -3.260 115.734 -3.645
202112 -4.200 117.630 -4.621
202203 -0.440 121.301 -0.469
202206 5.570 125.017 5.766
202209 4.140 125.227 4.279
202212 0.391 125.222 0.404
202303 0.010 127.348 0.010
202306 0.170 128.729 0.171
202309 1.450 129.860 1.445
202312 2.380 129.419 2.380

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


Ayalon Insurance Co  (XTAE:AYAL) 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.

Ayalon Insurance Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.06/0.81
=21.06

* 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 Ayalon Insurance Co was 89.72. The lowest was 11.33. And the median was 22.51.


Be Aware

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


Ayalon Insurance Co E10 Related Terms

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


Ayalon Insurance Co (XTAE:AYAL) Business Description

Traded in Other Exchanges
N/A
Address
12 Abba Hillel Silver Street, Ramat Gan, ISR, 52008
Ayalon Insurance Co is a holding company and act as a management and consulting services provider. It provides life and general insurance products and services. The company offers insurance policies including car insurance, car possession insurance, property cover, life insurance that covers sickness, disability and death. It also provides mortgage insurance.

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