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Aker Solutions ASA (Aker Solutions ASA) E10 : $0.35 (As of Dec. 2023)


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What is Aker Solutions ASA 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.

Aker Solutions ASA's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was $2.257. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.35 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Aker Solutions ASA's average E10 Growth Rate was 111.90% per year. During the past 3 years, the average E10 Growth Rate was 21.40% 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 Aker Solutions ASA was 21.40% per year. The lowest was -18.70% per year. And the median was 1.35% per year.

As of today (2024-06-10), Aker Solutions ASA's current stock price is $ 4.25. Aker Solutions ASA's E10 for the fiscal year that ended in Dec. 2023 was $0.35. Aker Solutions ASA's Shiller PE Ratio of today is 12.14.

During the past 13 years, the highest Shiller PE Ratio of Aker Solutions ASA was 28.48. The lowest was 1.14. And the median was 11.92.


Aker Solutions ASA E10 Historical Data

The historical data trend for Aker Solutions ASA'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.

Aker Solutions ASA E10 Chart

Aker Solutions ASA 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 0.44 0.22 0.21 0.16 0.35

Aker Solutions ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.21 - 0.16 - 0.35

Competitive Comparison of Aker Solutions ASA's E10

For the Oil & Gas Equipment & Services subindustry, Aker Solutions ASA'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.


Aker Solutions ASA's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aker Solutions ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Aker Solutions ASA's Shiller PE Ratio falls into.



Aker Solutions ASA 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, Aker Solutions ASA's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.257/131.9000*131.9000
=2.257

Current CPI (Dec. 2023) = 131.9000.

Aker Solutions ASA Annual Data

per_share_eps CPI Adj_EPS
201412 0.647 98.600 0.866
201512 0.166 100.900 0.217
201612 0.025 104.400 0.032
201712 0.097 106.100 0.121
201812 0.218 109.800 0.262
201912 0.054 111.300 0.064
202012 -0.359 112.900 -0.419
202112 0.058 118.900 0.064
202212 0.245 125.900 0.257
202312 2.257 131.900 2.257

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


Aker Solutions ASA  (OTCPK:AKRTF) 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.

Aker Solutions ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.25/0.35
=12.14

* 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 Aker Solutions ASA was 28.48. The lowest was 1.14. And the median was 11.92.


Be Aware

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


Aker Solutions ASA E10 Related Terms

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


Aker Solutions ASA (Aker Solutions ASA) Business Description

Address
Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366
Aker Solutions ASA delivers integrated solutions, products, and services to the global energy industry. The company offers low-carbon oil and gas solutions and develops renewable solutions. Aker Solutions serves customers worldwide. Its reporting segments include Renewables and Field Development segment, the Electrification, Maintenance and Modifications (EMM) segment, Subsea segment, and Other.

Aker Solutions ASA (Aker Solutions ASA) Headlines