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Aeroports de Paris (LTS:0NP8) E10 : €3.16 (As of Dec. 2023)


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What is Aeroports de Paris 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.

Aeroports de Paris's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was €6.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.16 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Aeroports de Paris's average E10 Growth Rate was 13.80% per year. During the past 3 years, the average E10 Growth Rate was 1.10% per year. During the past 5 years, the average E10 Growth Rate was -8.60% per year. During the past 10 years, the average E10 Growth Rate was -0.90% 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 Aeroports de Paris was 8.40% per year. The lowest was -16.10% per year. And the median was 4.25% per year.

As of today (2024-06-10), Aeroports de Paris's current stock price is € 131.95. Aeroports de Paris's E10 for the fiscal year that ended in Dec. 2023 was €3.16. Aeroports de Paris's Shiller PE Ratio of today is 41.76.

During the past 13 years, the highest Shiller PE Ratio of Aeroports de Paris was 60.04. The lowest was 15.73. And the median was 37.08.


Aeroports de Paris E10 Historical Data

The historical data trend for Aeroports de Paris'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.

Aeroports de Paris E10 Chart

Aeroports de Paris 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 4.55 3.02 2.46 2.78 3.16

Aeroports de Paris Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.46 - 2.78 - 3.16

Competitive Comparison of Aeroports de Paris's E10

For the Airports & Air Services subindustry, Aeroports de Paris'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.


Aeroports de Paris's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aeroports de Paris's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Aeroports de Paris's Shiller PE Ratio falls into.



Aeroports de Paris 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, Aeroports de Paris's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.39/118.3900*118.3900
=6.390

Current CPI (Dec. 2023) = 118.3900.

Aeroports de Paris Annual Data

per_share_eps CPI Adj_EPS
201412 4.070 99.860 4.825
201512 4.350 100.040 5.148
201612 4.400 100.650 5.176
201712 5.770 101.850 6.707
201812 6.160 103.470 7.048
201912 5.950 104.980 6.710
202012 -11.810 104.960 -13.321
202112 -2.500 107.850 -2.744
202212 5.220 114.160 5.413
202312 6.390 118.390 6.390

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


Aeroports de Paris  (LTS:0NP8) 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.

Aeroports de Paris's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=131.95/3.16
=41.76

* 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 Aeroports de Paris was 60.04. The lowest was 15.73. And the median was 37.08.


Be Aware

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


Aeroports de Paris E10 Related Terms

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


Aeroports de Paris (LTS:0NP8) Business Description

Address
1 rue de France, Tremblay- en- France, Paris, FRA, 93 290
ADP is a French airport operator. The group owns the three major commercial airports in Paris (Charles de Gaulle, Orly and Paris-Le Bourget) and has stakes in several international airports, including a portfolio of Turkish Airports, through its holding of TAV Airports, and a 31% indirect stake in Indian airports New Delhi and Hyderabad through its recent acquisition of GMR Airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. In 2019, the group catered to 108 million passengers through its Parisian airport network.

Aeroports de Paris (LTS:0NP8) Headlines

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