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Grupo Argos (BOG:GRUPOARGOS) E10 : COP1,464.00 (As of Mar. 2024)


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What is Grupo Argos 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.

Grupo Argos's adjusted earnings per share data for the three months ended in Mar. 2024 was COP5,731.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is COP1,464.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grupo Argos's average E10 Growth Rate was 80.20% per year. During the past 3 years, the average E10 Growth Rate was 13.80% 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 Grupo Argos was 13.80% per year. The lowest was 13.80% per year. And the median was 13.80% per year.

As of today (2024-06-06), Grupo Argos's current stock price is COP16520.00. Grupo Argos's E10 for the quarter that ended in Mar. 2024 was COP1,464.00. Grupo Argos's Shiller PE Ratio of today is 11.28.

During the past 13 years, the highest Shiller PE Ratio of Grupo Argos was 25.77. The lowest was 9.37. And the median was 16.77.


Grupo Argos E10 Historical Data

The historical data trend for Grupo Argos'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.

Grupo Argos E10 Chart

Grupo Argos 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 - 611.94 626.27 718.40 901.08

Grupo Argos 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 812.28 853.61 872.01 901.08 1,464.00

Competitive Comparison of Grupo Argos's E10

For the Building Materials subindustry, Grupo Argos'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.


Grupo Argos's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grupo Argos's Shiller PE Ratio distribution charts can be found below:

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



Grupo Argos 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, Grupo Argos'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)
=5731.42/131.7762*131.7762
=5,731.420

Current CPI (Mar. 2024) = 131.7762.

Grupo Argos Quarterly Data

per share eps CPI Adj_EPS
201406 528.035 100.560 691.953
201409 134.087 100.428 175.942
201412 -198.564 99.070 -264.117
201503 65.122 99.621 86.142
201506 304.925 100.684 399.089
201509 104.381 100.392 137.013
201512 -60.415 99.792 -79.778
201603 129.426 100.470 169.754
201606 178.655 101.688 231.517
201609 192.516 101.861 249.055
201612 244.858 101.863 316.764
201703 147.449 102.862 188.896
201706 129.285 103.349 164.846
201709 415.291 104.136 525.521
201712 51.640 104.011 65.425
201803 127.697 105.290 159.821
201806 138.948 106.317 172.222
201809 309.976 106.507 383.520
201812 206.519 105.998 256.744
201903 168.255 107.251 206.731
201906 140.663 108.070 171.520
201909 351.600 108.329 427.700
201912 143.893 108.420 174.891
202003 -37.550 108.902 -45.437
202006 11.207 108.767 13.578
202009 7.998 109.815 9.597
202012 -98.325 109.897 -117.901
202103 86.195 111.754 101.638
202106 243.246 114.631 279.627
202109 243.116 115.734 276.814
202112 107.008 117.630 119.877
202203 185.642 121.301 201.674
202206 263.881 125.017 278.149
202209 154.296 125.227 162.366
202212 473.934 125.222 498.741
202303 1,006.860 127.348 1,041.873
202306 359.466 128.729 367.976
202309 204.261 129.860 207.276
202312 492.623 129.419 501.594
202403 5,731.420 131.776 5,731.420

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


Grupo Argos  (BOG:GRUPOARGOS) 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.

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

Shiller PE Ratio=Share Price/E10
=16520.00/1464
=11.28

* 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 Grupo Argos was 25.77. The lowest was 9.37. And the median was 16.77.


Be Aware

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


Grupo Argos E10 Related Terms

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


Grupo Argos (BOG:GRUPOARGOS) Business Description

Traded in Other Exchanges
Address
Carrera 43A, No. 1A Sur 143, Santillana Center - South Tower, Medellin, COL
Grupo Argos SA is a holding company with businesses spanning multiple industries including cement, energy, highway and airport construction, port operations, real estate, and coal. The Cement segment, which generates the majority of revenue, has a majority ownership stake in Cementos Argos, which manufactures and sells cement, concrete, and cement-related products in multiple countries throughout the Americas. The Energy segment has a majority ownership stake in a company named Celsia, which generates and sells gas, thermal energy, and hydroelectric energy throughout Central and South America.

Grupo Argos (BOG:GRUPOARGOS) Headlines

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