GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AMSC ASA (OSL:AMSC) » Definitions » E10

AMSC ASA (OSL:AMSC) E10 : kr4.42 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is AMSC ASA 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.

AMSC ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr5.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr4.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AMSC ASA's average E10 Growth Rate was 77.50% per year. During the past 3 years, the average E10 Growth Rate was 33.30% per year. During the past 5 years, the average E10 Growth Rate was 43.80% 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 AMSC ASA was 49.70% per year. The lowest was 33.30% per year. And the median was 46.30% per year.

As of today (2024-06-03), AMSC ASA's current stock price is kr32.30. AMSC ASA's E10 for the quarter that ended in Mar. 2024 was kr4.42. AMSC ASA's Shiller PE Ratio of today is 7.31.

During the past 13 years, the highest Shiller PE Ratio of AMSC ASA was 221.43. The lowest was 6.19. And the median was 17.03.


AMSC ASA E10 Historical Data

The historical data trend for AMSC ASA'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.

AMSC ASA E10 Chart

AMSC ASA 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 0.82 1.68 2.13 2.75 3.98

AMSC ASA 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 2.49 2.22 2.22 3.98 4.42

Competitive Comparison of AMSC ASA's E10

For the Marine Shipping subindustry, AMSC ASA'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.


AMSC ASA's Shiller PE Ratio Distribution in the Transportation Industry

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

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



AMSC ASA 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, AMSC ASA'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)
=5.95/132.6000*132.6000
=5.950

Current CPI (Mar. 2024) = 132.6000.

AMSC ASA Quarterly Data

per share eps CPI Adj_EPS
201406 0.245 97.500 0.333
201409 0.322 98.500 0.433
201412 0.763 98.600 1.026
201503 0.561 99.200 0.750
201506 0.551 100.100 0.730
201509 0.593 100.600 0.782
201512 -0.373 100.900 -0.490
201603 -0.249 102.500 -0.322
201606 -0.084 103.800 -0.107
201609 0.322 104.200 0.410
201612 1.067 104.400 1.355
201703 -0.257 105.000 -0.325
201706 0.168 105.800 0.211
201709 0.477 105.900 0.597
201712 1.330 106.100 1.662
201803 0.471 107.300 0.582
201806 0.244 108.500 0.298
201809 0.326 109.500 0.395
201812 0.079 109.800 0.095
201903 0.086 110.400 0.103
201906 0.085 110.600 0.102
201909 0.454 111.100 0.542
201912 0.534 111.300 0.636
202003 0.317 111.200 0.378
202006 0.193 112.100 0.228
202009 -0.659 112.900 -0.774
202012 2.840 112.900 3.336
202103 0.513 114.600 0.594
202106 0.514 115.300 0.591
202109 0.526 117.500 0.594
202112 0.362 118.900 0.404
202203 1.286 119.800 1.423
202206 0.495 122.600 0.535
202209 0.854 125.600 0.902
202212 -0.148 125.900 -0.156
202303 0.470 127.600 0.488
202306 0.648 130.400 0.659
202309 0.448 129.800 0.458
202312 18.672 131.900 18.771
202403 5.950 132.600 5.950

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


AMSC ASA  (OSL:AMSC) 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.

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

Shiller PE Ratio=Share Price/E10
=32.30/4.42
=7.31

* 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 AMSC ASA was 221.43. The lowest was 6.19. And the median was 17.03.


Be Aware

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


AMSC ASA E10 Related Terms

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


AMSC ASA (OSL:AMSC) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, Baerum, NOR, 1366
AMSC ASA is a ship finance company focused on owning and bareboat chartering maritime assets. The company owns a fleet of nine modern handy size product tankers, one modern handy size shuttle tanker and an international subsea construction vessel. AMSC charters its vessels on long term bareboat charters that provide stable, predictable cash flow. Its operating segment includes U.S Jones Act Tankers and Offshore.