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Webjet (ASX:WEB) E10 : A$0.08 (As of Mar. 2024)


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What is Webjet 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.

Webjet's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was A$0.172. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is A$0.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Webjet's average E10 Growth Rate was 14.30% per year. During the past 3 years, the average E10 Growth Rate was -7.20% per year. During the past 5 years, the average E10 Growth Rate was -18.50% per year. During the past 10 years, the average E10 Growth Rate was -0.30% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Webjet was 44.20% per year. The lowest was -29.50% per year. And the median was 18.60% per year.

As of today (2024-05-26), Webjet's current stock price is A$ 8.67. Webjet's E10 for the fiscal year that ended in Mar. 2024 was A$0.08. Webjet's Shiller PE Ratio of today is 108.38.

During the past 13 years, the highest Shiller PE Ratio of Webjet was 126.14. The lowest was 12.50. And the median was 51.80.


Webjet E10 Historical Data

The historical data trend for Webjet'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.

Webjet E10 Chart

Webjet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.10 0.08 0.07 0.08

Webjet Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 0.08 - 0.07 - 0.08

Competitive Comparison of Webjet's E10

For the Travel Services subindustry, Webjet'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.


Webjet's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Webjet's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.172/127.6062*127.6062
=0.172

Current CPI (Mar. 2024) = 127.6062.

Webjet Annual Data

per_share_eps CPI Adj_EPS
201406 0.169 98.352 0.219
201506 0.153 99.838 0.196
201606 0.191 100.859 0.242
201706 0.374 102.809 0.464
201806 0.256 104.945 0.311
201906 0.340 106.617 0.407
202006 -0.821 106.246 -0.986
202203 -0.224 115.069 -0.248
202303 0.038 123.148 0.039
202403 0.172 127.606 0.172

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


Webjet  (ASX:WEB) 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.

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

Shiller PE Ratio=Share Price/E10
=8.67/0.08
=108.38

* 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 Webjet was 126.14. The lowest was 12.50. And the median was 51.80.


Be Aware

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


Webjet E10 Related Terms

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


Webjet (ASX:WEB) Business Description

Traded in Other Exchanges
Address
509 St Kilda Road, Level 2, Melbourne, VIC, AUS, 3004
Webjet provides online travel bookings across Europe, Asia Pacific, the Middle East, and Africa. The group operates in both the business to consumer, or B2C, and business to business, or B2B, segments. The B2B business, WebBeds, acts as an intermediary between hotels and wholesale/retail travel service providers. WebBeds is currently the world's second largest B2B accommodation booking provider despite only a circa 4% market share of the fragmented AUD 70 billion global B2B accommodation market. The company's B2C units, Webjet Online Travel Agent, or OTA, and GoSee allow retail customers to book flights, hotel accommodation, holiday packages, travel insurance, rental cars and caravans online.