GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » ACI Ltd (DHA:ACI) » Definitions » E10

ACI (DHA:ACI) E10 : BDT5.22 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is ACI 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.

ACI's adjusted earnings per share data for the three months ended in Mar. 2024 was BDT0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is BDT5.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ACI's average E10 Growth Rate was -13.60% 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.

As of today (2024-06-07), ACI's current stock price is BDT123.60. ACI's E10 for the quarter that ended in Mar. 2024 was BDT5.22. ACI's Shiller PE Ratio of today is 23.68.

During the past 13 years, the highest Shiller PE Ratio of ACI was 54.44. The lowest was 24.56. And the median was 39.01.


ACI E10 Historical Data

The historical data trend for ACI'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.

ACI E10 Chart

ACI Annual Data
Trend Dec12 Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.78

ACI 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 6.04 4.78 5.79 5.13 5.22

Competitive Comparison of ACI's E10

For the Conglomerates subindustry, ACI'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.


ACI's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, ACI's Shiller PE Ratio distribution charts can be found below:

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



ACI 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, ACI'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)
=0.15/131.7762*131.7762
=0.150

Current CPI (Mar. 2024) = 131.7762.

ACI Quarterly Data

per share eps CPI Adj_EPS
201312 2.250 98.326 3.015
201403 0.600 99.695 0.793
201406 1.495 100.560 1.959
201409 1.197 100.428 1.571
201412 4.378 99.070 5.823
201503 1.035 99.621 1.369
201506 30.477 100.684 39.889
201509 2.168 100.392 2.846
201603 1.300 100.470 1.705
201609 2.588 101.861 3.348
201612 5.026 101.863 6.502
201703 2.179 102.862 2.792
201706 4.420 103.349 5.636
201709 1.493 104.136 1.889
201712 3.561 104.011 4.512
201803 0.609 105.290 0.762
201806 1.125 106.317 1.394
201809 0.635 106.507 0.786
201812 -0.602 105.998 -0.748
201903 -4.178 107.251 -5.133
201906 -6.030 108.070 -7.353
201909 -3.922 108.329 -4.771
201912 -5.259 108.420 -6.392
202003 -3.983 108.902 -4.820
202006 -0.729 108.767 -0.883
202009 1.275 109.815 1.530
202012 1.371 109.897 1.644
202103 0.286 111.754 0.337
202106 1.412 114.631 1.623
202109 3.257 115.734 3.708
202112 2.000 117.630 2.241
202203 0.420 121.301 0.456
202206 -0.690 125.017 -0.727
202209 -3.750 125.227 -3.946
202212 1.960 125.222 2.063
202303 0.330 127.348 0.341
202306 -5.030 128.729 -5.149
202309 -2.070 129.860 -2.101
202312 -6.350 129.419 -6.466
202403 0.150 131.776 0.150

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


ACI  (DHA:ACI) 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.

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

Shiller PE Ratio=Share Price/E10
=123.60/5.22
=23.68

* 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 ACI was 54.44. The lowest was 24.56. And the median was 39.01.


Be Aware

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


ACI E10 Related Terms

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


ACI (DHA:ACI) Business Description

Traded in Other Exchanges
N/A
Address
ACI Centre, 245 Tejgaon Industrial Area, Dhaka, BGD, 1208
ACI Ltd is a Bangladesh based company engaged in the manufacturing of pharmaceuticals, consumer brands, animal health products, and also markets along with agrochemicals, seeds, and other consumer brand items. The operating segments of the company are Pharmaceuticals, Crop Care and Public Health, Animal Health, Consumer Brands, Motors, Pure Flour, Retail Chain, Salt, Foods, HealthCare, and Premiaflex Plastics. The group generates the majority of the revenue from the Motors segment.