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Accordant Group (NZSE:AGL) E10 : NZ$0.11 (As of Mar. 2024)


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What is Accordant Group 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.

Accordant Group's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was NZ$-0.292. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NZ$0.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Accordant Group's average E10 Growth Rate was -31.30% per year. During the past 3 years, the average E10 Growth Rate was -11.70% per year. During the past 5 years, the average E10 Growth Rate was -4.20% 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 Accordant Group was 4.30% per year. The lowest was -17.00% per year. And the median was 2.20% per year.

As of today (2024-06-04), Accordant Group's current stock price is NZ$ 0.425. Accordant Group's E10 for the fiscal year that ended in Mar. 2024 was NZ$0.11. Accordant Group's Shiller PE Ratio of today is 3.86.

During the past 13 years, the highest Shiller PE Ratio of Accordant Group was 19.87. The lowest was 3.50. And the median was 10.64.


Accordant Group E10 Historical Data

The historical data trend for Accordant Group'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.

Accordant Group E10 Chart

Accordant Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.16 0.17 0.16 0.11

Accordant Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.17 - 0.16 - 0.11

Competitive Comparison of Accordant Group's E10

For the Staffing & Employment Services subindustry, Accordant Group'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.


Accordant Group's Shiller PE Ratio Distribution in the Business Services Industry

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

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



Accordant Group 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, Accordant Group's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.292/129.5261*129.5261
=-0.292

Current CPI (Mar. 2024) = 129.5261.

Accordant Group Annual Data

per_share_eps CPI Adj_EPS
201503 0.207 99.646 0.269
201603 0.160 100.063 0.207
201703 0.180 102.231 0.228
201803 0.155 103.355 0.194
201903 0.061 104.889 0.075
202003 0.079 107.547 0.095
202103 0.181 109.182 0.215
202203 0.089 116.747 0.099
202303 0.058 124.517 0.060
202403 -0.292 129.526 -0.292

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


Accordant Group  (NZSE:AGL) 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.

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

Shiller PE Ratio=Share Price/E10
=0.425/0.11
=3.86

* 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 Accordant Group was 19.87. The lowest was 3.50. And the median was 10.64.


Be Aware

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


Accordant Group E10 Related Terms

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


Accordant Group (NZSE:AGL) Business Description

Traded in Other Exchanges
N/A
Address
51 Shortland Street, Level 6, P.O. Box 105675, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: AWF and Madison, Absolute IT, and JacksonStone & Partners. The AWF brands derive their revenues from temporary staffing services to the industry. The Madison, Absolute IT, and JacksonStone & Partners brands, which is the key revenue driver, derive revenues from the temporary, contract, and permanent staff services to commerce.