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A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) E10 : $1.68 (As of Mar. 2024)


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What is A. P. Moller Maersk A/S 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.

A. P. Moller Maersk A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.055. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, A. P. Moller Maersk A/S's average E10 Growth Rate was -1.00% per year. During the past 3 years, the average E10 Growth Rate was 64.60% per year. During the past 5 years, the average E10 Growth Rate was 33.90% 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 A. P. Moller Maersk A/S was 64.60% per year. The lowest was -25.00% per year. And the median was 35.30% per year.

As of today (2024-06-09), A. P. Moller Maersk A/S's current stock price is $8.75. A. P. Moller Maersk A/S's E10 for the quarter that ended in Mar. 2024 was $1.68. A. P. Moller Maersk A/S's Shiller PE Ratio of today is 5.21.

During the past 13 years, the highest Shiller PE Ratio of A. P. Moller Maersk A/S was 31.34. The lowest was 3.87. And the median was 10.70.


A. P. Moller Maersk A/S E10 Historical Data

The historical data trend for A. P. Moller Maersk A/S'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.

A. P. Moller Maersk A/S E10 Chart

A. P. Moller Maersk A/S 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 0.41 0.43 0.83 1.62 1.71

A. P. Moller Maersk A/S 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 1.71 1.73 1.68 1.71 1.68

Competitive Comparison of A. P. Moller Maersk A/S's E10

For the Marine Shipping subindustry, A. P. Moller Maersk A/S'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.


A. P. Moller Maersk A/S's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A. P. Moller Maersk A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where A. P. Moller Maersk A/S's Shiller PE Ratio falls into.



A. P. Moller Maersk A/S 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, A. P. Moller Maersk A/S'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)
=0.055/118.4000*118.4000
=0.055

Current CPI (Mar. 2024) = 118.4000.

A. P. Moller Maersk A/S Quarterly Data

per share eps CPI Adj_EPS
201406 0.510 99.700 0.606
201409 0.335 99.700 0.398
201412 0.035 99.400 0.042
201503 0.360 100.200 0.425
201506 0.245 100.300 0.289
201509 0.180 100.200 0.213
201512 -0.600 99.800 -0.712
201603 0.050 100.200 0.059
201606 0.025 100.600 0.029
201609 0.105 100.200 0.124
201612 -0.645 100.300 -0.761
201703 0.060 101.200 0.070
201706 -0.065 101.200 -0.076
201709 -0.375 101.800 -0.436
201712 0.090 101.300 0.105
201803 0.660 101.700 0.768
201806 -0.030 102.300 -0.035
201809 0.095 102.400 0.110
201812 0.010 102.100 0.012
201903 -0.160 102.900 -0.184
201906 0.035 102.900 0.040
201909 0.120 102.900 0.138
201912 -0.018 102.900 -0.021
202003 0.050 103.300 0.057
202006 0.105 103.200 0.120
202009 0.240 103.500 0.275
202012 0.330 103.400 0.378
202103 0.695 104.300 0.789
202106 0.965 105.000 1.088
202109 1.435 105.800 1.606
202112 1.595 106.600 1.772
202203 1.815 109.900 1.955
202206 2.320 113.600 2.418
202209 2.435 116.400 2.477
202212 1.410 115.900 1.440
202303 0.655 117.300 0.661
202306 0.425 116.400 0.432
202309 0.155 117.400 0.156
202312 -0.115 116.700 -0.117
202403 0.055 118.400 0.055

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


A. P. Moller Maersk A/S  (OTCPK:AMKBY) 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.

A. P. Moller Maersk A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.75/1.68
=5.21

* 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 A. P. Moller Maersk A/S was 31.34. The lowest was 3.87. And the median was 10.70.


Be Aware

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


A. P. Moller Maersk A/S E10 Related Terms

Thank you for viewing the detailed overview of A. P. Moller Maersk A/S's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Business Description

Address
Esplanaden 50, Copenhagen, DNK, DK-1098
A.P. Moller-Maersk is a Denmark-listed global conglomerate involved in global trade, shipping, and energy. Maersk Line, the largest contributor to group revenue and earnings, has been the largest container shipping company globally for more than 20 years. Maersk was founded in 1904 and has since been run by the Moller-Maersk family, which currently holds slightly more than 50% of the share capital. The group has been active over the past few years in divesting noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations.

A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Headlines

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