GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Alm Brand A/S (OCSE:ALMB) » Definitions » E10

Alm Brand A/S (OCSE:ALMB) E10 : kr1.14 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Alm Brand A/S 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.

Alm Brand A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr1.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alm Brand A/S's average E10 Growth Rate was 2.70% per year. During the past 3 years, the average E10 Growth Rate was 20.50% 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 Alm Brand A/S was 20.50% per year. The lowest was -42.40% per year. And the median was -10.95% per year.

As of today (2024-06-08), Alm Brand A/S's current stock price is kr13.93. Alm Brand A/S's E10 for the quarter that ended in Mar. 2024 was kr1.14. Alm Brand A/S's Shiller PE Ratio of today is 12.22.

During the past 13 years, the highest Shiller PE Ratio of Alm Brand A/S was 1506.98. The lowest was 2.68. And the median was 11.18.


Alm Brand A/S E10 Historical Data

The historical data trend for Alm Brand A/S'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.

Alm Brand A/S E10 Chart

Alm Brand A/S 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 -0.29 0.64 1.03 1.09 1.12

Alm Brand A/S 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 1.11 1.12 1.12 1.12 1.14

Competitive Comparison of Alm Brand A/S's E10

For the Insurance - Diversified subindustry, Alm Brand A/S'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.


Alm Brand A/S's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Alm Brand A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Alm Brand A/S's Shiller PE Ratio falls into.



Alm Brand A/S 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, Alm Brand A/S'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)
=0.1/118.4000*118.4000
=0.100

Current CPI (Mar. 2024) = 118.4000.

Alm Brand A/S Quarterly Data

per share eps CPI Adj_EPS
201406 0.196 99.700 0.233
201409 0.074 99.700 0.088
201412 0.147 99.400 0.175
201503 0.221 100.200 0.261
201506 0.147 100.300 0.174
201509 0.245 100.200 0.290
201512 0.147 99.800 0.174
201603 0.270 100.200 0.319
201606 0.270 100.600 0.318
201609 0.392 100.200 0.463
201612 0.270 100.300 0.319
201703 0.319 101.200 0.373
201706 0.319 101.200 0.373
201709 0.417 101.800 0.485
201712 0.147 101.300 0.172
201803 0.270 101.700 0.314
201806 0.221 102.300 0.256
201809 0.270 102.400 0.312
201812 0.098 102.100 0.114
201903 0.270 102.900 0.311
201906 0.196 102.900 0.226
201909 0.196 102.900 0.226
201912 0.049 102.900 0.056
202003 0.049 103.300 0.056
202006 0.466 103.200 0.535
202009 0.368 103.500 0.421
202012 0.107 103.400 0.123
202103 0.700 104.300 0.795
202106 1.200 105.000 1.353
202109 0.700 105.800 0.783
202112 0.300 106.600 0.333
202203 0.200 109.900 0.215
202206 -0.100 113.600 -0.104
202209 0.100 116.400 0.102
202212 0.100 115.900 0.102
202303 0.100 117.300 0.101
202306 0.200 116.400 0.203
202309 0.100 117.400 0.101
202312 0.100 116.700 0.101
202403 0.100 118.400 0.100

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


Alm Brand A/S  (OCSE:ALMB) 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.

Alm Brand A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.93/1.14
=12.22

* 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 Alm Brand A/S was 1506.98. The lowest was 2.68. And the median was 11.18.


Be Aware

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


Alm Brand A/S E10 Related Terms

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


Alm Brand A/S (OCSE:ALMB) Business Description

Traded in Other Exchanges
Address
Midtermolen 7, Copenhagen, DNK, DK-2100
Alm Brand A/S is a Danish investment holding company that its subsidiaries operate within the financial services, non-life insurance, life insurance, and banking industries. The non-life insurance segment exclusively services clients ranging from private customers to small and medium-size enterprises, among others. The life insurance segment offers life insurance, pension savings, and pension insurance. The banking segment offers services such as bond, equity, currency trading, asset servicing, leasing, and private banking to private and commercial clients. The non-life insurance business is the core business of the firm and generates a vast majority of its income.

Alm Brand A/S (OCSE:ALMB) Headlines

No Headlines