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Korean Air Lines Co (XKRX:003490) E10 : ₩-839.39 (As of Mar. 2024)


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What is Korean Air Lines Co 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.

Korean Air Lines Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩1,015.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩-839.39 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 19.40% per year. During the past 5 years, the average E10 Growth Rate was -2.60% 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 Korean Air Lines Co was 30.60% per year. The lowest was -19.80% per year. And the median was 15.10% per year.

As of today (2024-05-23), Korean Air Lines Co's current stock price is ₩21200.00. Korean Air Lines Co's E10 for the quarter that ended in Mar. 2024 was ₩-839.39. Korean Air Lines Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Korean Air Lines Co was 81.80. The lowest was 0.00. And the median was 50.99.


Korean Air Lines Co E10 Historical Data

The historical data trend for Korean Air Lines Co'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.

Korean Air Lines Co E10 Chart

Korean Air Lines Co 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 -1,379.92 -2,161.30 -1,809.30 -1,749.95 -1,131.32

Korean Air Lines Co 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 -1,297.43 -718.63 -1,222.70 -1,131.32 -839.39

Competitive Comparison of Korean Air Lines Co's E10

For the Airlines subindustry, Korean Air Lines Co'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.


Korean Air Lines Co's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Korean Air Lines Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Korean Air Lines Co's Shiller PE Ratio falls into.



Korean Air Lines Co 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, Korean Air Lines Co'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)
=1015/118.8477*118.8477
=1,015.000

Current CPI (Mar. 2024) = 118.8477.

Korean Air Lines Co Quarterly Data

per share eps CPI Adj_EPS
201406 3,510.380 99.353 4,199.175
201409 -4,022.600 99.608 -4,799.582
201412 -4,451.610 99.098 -5,338.792
201503 -1,371.650 99.720 -1,634.752
201506 -686.149 100.050 -815.065
201509 -4,438.730 100.110 -5,269.532
201512 1,269.960 100.220 1,506.005
201603 -1,546.090 100.560 -1,827.260
201606 -2,201.340 100.790 -2,595.736
201609 4,421.990 101.460 5,179.808
201612 -5,592.820 101.560 -6,544.838
201703 4,830.160 102.850 5,581.462
201706 -1,437.920 102.610 -1,665.466
201709 408.507 103.490 469.129
201712 2,759.120 102.990 3,183.951
201803 -73.287 104.100 -83.669
201806 -2,151.790 104.130 -2,455.923
201809 1,782.640 105.650 2,005.326
201812 -749.835 104.350 -854.012
201903 -832.622 104.490 -947.030
201906 -2,593.550 104.880 -2,938.954
201909 -1,597.390 105.200 -1,804.621
201912 445.151 105.120 503.284
202003 -4,183.470 105.540 -4,710.970
202006 698.797 104.870 791.937
202009 -181.495 106.200 -203.110
202012 1,948.230 105.765 2,189.210
202103 -251.000 107.357 -277.865
202106 304.000 107.579 335.845
202109 281.000 108.759 307.066
202112 1,186.000 109.676 1,285.175
202203 1,441.000 111.806 1,531.759
202206 1,266.000 114.083 1,318.877
202209 1,064.000 114.831 1,101.215
202212 950.000 115.200 980.079
202303 631.000 116.550 643.442
202306 958.000 117.140 971.967
202309 1,099.000 119.111 1,096.569
202312 177.000 118.848 177.000
202403 1,015.000 118.848 1,015.000

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


Korean Air Lines Co  (XKRX:003490) 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.

During the past 13 years, the highest Shiller P/E Ratio of Korean Air Lines Co was 81.80. The lowest was 0.00. And the median was 50.99.


Be Aware

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


Korean Air Lines Co E10 Related Terms

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


Korean Air Lines Co (XKRX:003490) Business Description

Traded in Other Exchanges
Address
260 Haneul-gil, Gangseo-gu, Seoul, KOR
Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co (XKRX:003490) Headlines

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