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Emirates Telecommunications Group Co PJSC (ADX:EAND) E10 : د.إ1.22 (As of Mar. 2024)


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What is Emirates Telecommunications Group Co PJSC 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.

Emirates Telecommunications Group Co PJSC's adjusted earnings per share data for the three months ended in Mar. 2024 was د.إ0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is د.إ1.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Emirates Telecommunications Group Co PJSC's average E10 Growth Rate was 2.50% per year. During the past 3 years, the average E10 Growth Rate was 7.50% per year. During the past 5 years, the average E10 Growth Rate was -1.00% 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 Emirates Telecommunications Group Co PJSC was 7.50% per year. The lowest was -34.80% per year. And the median was -2.45% per year.

As of today (2024-05-14), Emirates Telecommunications Group Co PJSC's current stock price is د.إ16.54. Emirates Telecommunications Group Co PJSC's E10 for the quarter that ended in Mar. 2024 was د.إ1.22. Emirates Telecommunications Group Co PJSC's Shiller PE Ratio of today is 13.56.

During the past 13 years, the highest Shiller PE Ratio of Emirates Telecommunications Group Co PJSC was 34.81. The lowest was 4.79. And the median was 15.96.


Emirates Telecommunications Group Co PJSC E10 Historical Data

The historical data trend for Emirates Telecommunications Group Co PJSC'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.

Emirates Telecommunications Group Co PJSC E10 Chart

Emirates Telecommunications Group Co PJSC 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 1.05 0.99 1.09 1.18 1.23

Emirates Telecommunications Group Co PJSC 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 1.19 1.21 1.22 1.23 1.22

Competitive Comparison of Emirates Telecommunications Group Co PJSC's E10

For the Telecom Services subindustry, Emirates Telecommunications Group Co PJSC'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.


Emirates Telecommunications Group Co PJSC's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Emirates Telecommunications Group Co PJSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Emirates Telecommunications Group Co PJSC's Shiller PE Ratio falls into.



Emirates Telecommunications Group Co PJSC 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, Emirates Telecommunications Group Co PJSC'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)
=0.27/129.4194*129.4194
=0.270

Current CPI (Mar. 2024) = 129.4194.

Emirates Telecommunications Group Co PJSC Quarterly Data

per share eps CPI Adj_EPS
201406 0.290 100.560 0.373
201409 0.240 100.428 0.309
201412 0.270 99.070 0.353
201503 0.250 99.621 0.325
201506 0.180 100.684 0.231
201509 0.220 100.392 0.284
201512 0.300 99.792 0.389
201603 0.230 100.470 0.296
201606 0.270 101.688 0.344
201609 0.220 101.861 0.280
201612 0.260 101.863 0.330
201703 0.240 102.862 0.302
201706 0.240 103.349 0.301
201709 0.270 104.136 0.336
201712 0.230 104.011 0.286
201803 0.240 105.290 0.295
201806 0.250 106.317 0.304
201809 0.260 106.507 0.316
201812 0.230 105.998 0.281
201903 0.250 107.251 0.302
201906 0.260 108.070 0.311
201909 0.260 108.329 0.311
201912 0.230 108.420 0.275
202003 0.250 108.902 0.297
202006 0.270 108.767 0.321
202009 0.280 109.815 0.330
202012 0.240 109.897 0.283
202103 0.270 111.754 0.313
202106 0.280 114.631 0.316
202109 0.280 115.734 0.313
202112 0.240 117.630 0.264
202203 0.280 121.301 0.299
202206 0.280 125.017 0.290
202209 0.290 125.227 0.300
202212 0.310 125.222 0.320
202303 0.250 127.348 0.254
202306 0.290 128.729 0.292
202309 0.340 129.860 0.339
202312 0.300 129.419 0.300
202403 0.270 129.419 0.270

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


Emirates Telecommunications Group Co PJSC  (ADX:EAND) 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.

Emirates Telecommunications Group Co PJSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.54/1.22
=13.56

* 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 Emirates Telecommunications Group Co PJSC was 34.81. The lowest was 4.79. And the median was 15.96.


Be Aware

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


Emirates Telecommunications Group Co PJSC E10 Related Terms

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


Emirates Telecommunications Group Co PJSC (ADX:EAND) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Rashid Bin Saeed Al Maktoum Street, P.O. Box 3838, Etisalat Building, Intersection of Zayed The 1st Street, Abu Dhabi, ARE
Emirates Telecommunications Group Co PJSC is a telecommunications company. Through its subsidiaries, the company provides telecommunication and consulting services, media services, and equipment to over 15 countries in Asia and Africa. Etisalat specializes in fixed-line services, voice communication, wireless communication, and data communication services.

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