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ABM Industries (FRA:AB4) E10 : €1.74 (As of Jan. 2024)


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What is ABM Industries 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.

ABM Industries's adjusted earnings per share data for the three months ended in Jan. 2024 was €0.643. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.74 for the trailing ten years ended in Jan. 2024.

During the past 12 months, ABM Industries's average E10 Growth Rate was 16.70% per year. During the past 3 years, the average E10 Growth Rate was 16.50% per year. During the past 5 years, the average E10 Growth Rate was 8.20% per year. During the past 10 years, the average E10 Growth Rate was 2.20% 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 ABM Industries was 16.50% per year. The lowest was -5.20% per year. And the median was 6.70% per year.

As of today (2024-05-22), ABM Industries's current stock price is €44.40. ABM Industries's E10 for the quarter that ended in Jan. 2024 was €1.74. ABM Industries's Shiller PE Ratio of today is 25.52.

During the past 13 years, the highest Shiller PE Ratio of ABM Industries was 42.14. The lowest was 15.95. And the median was 27.61.


ABM Industries E10 Historical Data

The historical data trend for ABM Industries'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.

ABM Industries E10 Chart

ABM Industries Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 0.99 1.09 1.60 1.72

ABM Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.44 1.51 1.63 1.72 1.74

Competitive Comparison of ABM Industries's E10

For the Specialty Business Services subindustry, ABM Industries'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.


ABM Industries's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ABM Industries's Shiller PE Ratio distribution charts can be found below:

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



ABM Industries 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, ABM Industries's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.643/130.1244*130.1244
=0.643

Current CPI (Jan. 2024) = 130.1244.

ABM Industries Quarterly Data

per share eps CPI Adj_EPS
201404 0.195 100.023 0.254
201407 0.251 100.520 0.325
201410 0.387 100.176 0.503
201501 0.267 98.604 0.352
201504 0.296 99.824 0.386
201507 0.027 100.691 0.035
201510 0.606 100.346 0.786
201601 0.221 99.957 0.288
201604 0.070 100.947 0.090
201607 0.498 101.524 0.638
201610 0.127 101.988 0.162
201701 -0.949 102.456 -1.205
201704 0.513 103.167 0.647
201707 0.503 103.278 0.634
201710 -0.051 104.070 -0.064
201801 0.344 104.578 0.428
201804 0.326 105.708 0.401
201807 0.437 106.324 0.535
201810 0.130 106.695 0.159
201901 0.166 106.200 0.203
201904 0.401 107.818 0.484
201907 0.491 108.250 0.590
201910 0.642 108.577 0.769
202001 0.378 108.841 0.452
202004 -1.886 108.173 -2.269
202007 0.722 109.318 0.859
202010 0.663 109.861 0.785
202101 0.903 110.364 1.065
202104 0.385 112.673 0.445
202107 -0.169 115.183 -0.191
202110 0.431 116.696 0.481
202201 0.981 118.619 1.076
202204 0.667 121.978 0.712
202207 0.836 125.002 0.870
202210 0.741 125.734 0.767
202301 0.538 126.223 0.555
202304 0.711 127.992 0.723
202307 1.329 128.974 1.341
202310 0.909 129.810 0.911
202401 0.643 130.124 0.643

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


ABM Industries  (FRA:AB4) 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.

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

Shiller PE Ratio=Share Price/E10
=44.40/1.74
=25.52

* 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 ABM Industries was 42.14. The lowest was 15.95. And the median was 27.61.


Be Aware

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


ABM Industries E10 Related Terms

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


ABM Industries (FRA:AB4) Business Description

Traded in Other Exchanges
Address
One Liberty Plaza, 7th Floor, New York, NY, USA, 10006
ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through five segments: Business and Industry, Manufacturing and Distribution, Education, Aviation and Technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America.

ABM Industries (FRA:AB4) Headlines

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