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Ariston Holdings (XZIM:ARIS.ZW) E10 : ZWL-763.19 (As of Mar. 2024)


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What is Ariston Holdings 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.

Ariston Holdings's adjusted earnings per share data for the fiscal year that ended in Sep. 2023 was ZWL-6,543.225. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ZWL-763.19 for the trailing ten years ended in Sep. 2023.

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), Ariston Holdings's current stock price is ZWL 4.00. Ariston Holdings's E10 for the fiscal year that ended in Sep. 2023 was ZWL-763.19. Ariston Holdings's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Ariston Holdings was 0.39. The lowest was 0.01. And the median was 0.20.


Ariston Holdings E10 Historical Data

The historical data trend for Ariston Holdings'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.

Ariston Holdings E10 Chart

Ariston Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.10 12.39 11.75 -104.92 -763.19

Ariston Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - -104.92 - -763.19 -

Competitive Comparison of Ariston Holdings's E10

For the Farm Products subindustry, Ariston Holdings'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.


Ariston Holdings's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ariston Holdings's Shiller PE Ratio distribution charts can be found below:

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



Ariston Holdings 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, Ariston Holdings's adjusted earnings per share data for the fiscal year that ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-6543.225/129.8595*129.8595
=-6,543.225

Current CPI (Sep. 2023) = 129.8595.

Ariston Holdings Annual Data

per_share_eps CPI Adj_EPS
201409 0.129 100.428 0.167
201509 -1.191 100.392 -1.541
201609 -0.547 101.861 -0.697
201709 -0.354 104.136 -0.441
201809 0.580 106.507 0.707
201909 82.625 108.329 99.046
202009 42.955 109.815 50.796
202109 -14.876 115.734 -16.692
202209 -1,176.522 125.227 -1,220.050
202309 -6,543.225 129.860 -6,543.225

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


Ariston Holdings  (XZIM:ARIS.ZW) 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.

During the past 13 years, the highest Shiller P/E Ratio of Ariston Holdings was 0.39. The lowest was 0.01. And the median was 0.20.


Be Aware

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


Ariston Holdings E10 Related Terms

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


Ariston Holdings (XZIM:ARIS.ZW) Business Description

Traded in Other Exchanges
N/A
Address
18 Coghlan Road, P. O. Box 4019 , Greendale, Harare, ZWE
Ariston Holdings Ltd is an agro-industrial company. Its principal activities are farming operations which include, tea, macadamia nuts, horticulture, deciduous fruits, fishery, and poultry. The company is organized into three operating divisions. The Southdown Estates division is engaged in the growing and manufacturing of tea, macadamia nuts, avocados, potatoes, and bananas as well as generates maximum revenue. Claremont Estate division is engaged in the growing of pome and stone fruit, passion fruit, and potatoes. Kent Estate division engages in the growing of horticultural crops, and the rearing of poultry and livestock.

Ariston Holdings (XZIM:ARIS.ZW) Headlines

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