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Asahi Group Holdings (Asahi Group Holdings) E10 : $1.71 (As of Mar. 2024)


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What is Asahi Group Holdings 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.

Asahi Group Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.314. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asahi Group Holdings's average E10 Growth Rate was 9.80% per year. During the past 3 years, the average E10 Growth Rate was 10.30% per year. During the past 5 years, the average E10 Growth Rate was 8.80% 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 Asahi Group Holdings was 10.30% per year. The lowest was 4.00% per year. And the median was 7.80% per year.

As of today (2024-06-09), Asahi Group Holdings's current stock price is $38.50. Asahi Group Holdings's E10 for the quarter that ended in Mar. 2024 was $1.71. Asahi Group Holdings's Shiller PE Ratio of today is 22.51.

During the past 13 years, the highest Shiller PE Ratio of Asahi Group Holdings was 34.35. The lowest was 15.49. And the median was 22.95.


Asahi Group Holdings E10 Historical Data

The historical data trend for Asahi Group Holdings'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.

Asahi Group Holdings E10 Chart

Asahi Group Holdings 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 1.83 2.13 1.98 1.85 1.89

Asahi Group Holdings 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 1.90 1.82 1.87 1.89 1.71

Competitive Comparison of Asahi Group Holdings's E10

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.


Asahi Group Holdings's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Asahi Group Holdings's Shiller PE Ratio falls into.



Asahi Group Holdings 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, Asahi Group Holdings'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)
=0.314/107.2000*107.2000
=0.314

Current CPI (Mar. 2024) = 107.2000.

Asahi Group Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 0.352 98.000 0.385
201409 0.701 98.500 0.763
201412 0.267 97.900 0.292
201503 0.239 97.900 0.262
201506 0.458 98.400 0.499
201509 0.535 98.500 0.582
201512 0.123 98.100 0.134
201603 0.042 97.900 0.046
201606 0.592 98.100 0.647
201609 0.599 98.000 0.655
201612 0.574 98.400 0.625
201703 0.054 98.100 0.059
201706 0.747 98.500 0.813
201709 1.046 98.800 1.135
201712 0.913 99.400 0.985
201803 0.305 99.200 0.330
201806 0.904 99.200 0.977
201809 1.093 99.900 1.173
201812 0.673 99.700 0.724
201903 0.299 99.700 0.321
201906 0.935 99.800 1.004
201909 1.042 100.100 1.116
201912 0.587 100.500 0.626
202003 0.169 100.300 0.181
202006 0.415 99.900 0.445
202009 0.961 99.900 1.031
202012 0.302 99.300 0.326
202103 0.602 99.900 0.646
202106 0.827 99.500 0.891
202109 0.811 100.100 0.869
202112 0.501 100.100 0.537
202203 0.072 101.100 0.076
202206 0.776 101.800 0.817
202209 0.791 103.100 0.822
202212 0.542 104.100 0.558
202303 0.295 104.400 0.303
202306 0.640 105.200 0.652
202309 0.897 106.200 0.905
202312 0.425 106.800 0.427
202403 0.314 107.200 0.314

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


Asahi Group Holdings  (OTCPK:ASBRF) 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.

Asahi Group Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=38.50/1.71
=22.51

* 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 Asahi Group Holdings was 34.35. The lowest was 15.49. And the median was 22.95.


Be Aware

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


Asahi Group Holdings E10 Related Terms

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


Asahi Group Holdings (Asahi Group Holdings) Business Description

Traded in Other Exchanges
Address
1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602
Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.

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