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TSL (XZIM:TSL.ZW) E10 : ZWG8.97 (As of Oct. 2024)


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What is TSL 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.

TSL's adjusted earnings per share data for the fiscal year that ended in Oct. 2024 was ZWG0.009. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ZWG8.97 for the trailing ten years ended in Oct. 2024.

During the past 12 months, TSL's average E10 Growth Rate was 2.60% per year. During the past 3 years, the average E10 Growth Rate was 108.50% per year. During the past 5 years, the average E10 Growth Rate was 142.40% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of TSL was 362.60% per year. The lowest was 108.50% per year. And the median was 223.35% per year.

As of today (2025-04-03), TSL's current stock price is ZWG 240.00. TSL's E10 for the fiscal year that ended in Oct. 2024 was ZWG8.97. TSL's Shiller PE Ratio of today is 26.76.

During the past 13 years, the highest Shiller PE Ratio of TSL was 308.91. The lowest was 3.50. And the median was 60.00.


TSL E10 Historical Data

The historical data trend for TSL'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.

TSL E10 Chart

TSL Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.99 8.47 8.74 8.97

TSL Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 8.47 - 8.74 - 8.97

Competitive Comparison of TSL's E10

For the Conglomerates subindustry, TSL'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.


TSL's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, TSL's Shiller PE Ratio distribution charts can be found below:

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


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TSL 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, TSL's adjusted earnings per share data for the fiscal year that ended in Oct. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=0.009/133.1820*133.1820
=0.009

Current CPI (Oct. 2024) = 133.1820.

TSL Annual Data

per_share_eps CPI Adj_EPS
201510 0.009 100.346 0.012
201610 0.008 101.988 0.010
201710 0.012 104.070 0.015
201810 0.034 106.695 0.042
201910 1.820 108.577 2.232
202010 1.320 109.861 1.600
202110 6.430 116.696 7.338
202210 74.000 125.734 78.383
202310 0.022 129.810 0.023
202410 0.009 133.182 0.009

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


TSL  (XZIM:TSL.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.

TSL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=240.00/8.97
=26.76

* 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 TSL was 308.91. The lowest was 3.50. And the median was 60.00.


Be Aware

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


TSL E10 Related Terms

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


TSL Business Description

Traded in Other Exchanges
N/A
Address
28 Simon Mazorodze Road, Southerton, Harare, ZWE
TSL Ltd provides agricultural inputs (fertilizer, chemicals, and packaging), farming, end-to-end logistics solutions, commodity marketing platforms, and industrial real estate. It has four reportable segments namely, the Logistics cluster offers end-to-end logistics services including warehousing and storage facilities, inland terminal and port services, transport, vehicle rental, distribution, and customs clearing. The Agriculture cluster is involved in the auctioning, packaging, production, and retailing of agricultural commodities. The Real estate cluster is involved in the rental and development of industrial properties. The Services cluster provides group activities and shared services in finance and treasury, human resources, procurement, and information technology.

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