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IREM Co (XKRX:009730) E10 : ₩-4,414.05 (As of Mar. 2024)


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What is IREM 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.

IREM Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩-7.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩-4,414.05 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 4.20% per year. During the past 5 years, the average E10 Growth Rate was -7.40% 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 IREM Co was 4.20% per year. The lowest was -15.30% per year. And the median was -6.80% per year.

As of today (2024-06-10), IREM Co's current stock price is ₩2030.00. IREM Co's E10 for the quarter that ended in Mar. 2024 was ₩-4,414.05. IREM Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of IREM Co was 2.10. The lowest was 0.00. And the median was 1.24.


IREM Co E10 Historical Data

The historical data trend for IREM 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.

IREM Co E10 Chart

IREM 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 -3,478.30 -5,064.52 -4,558.56 -4,236.40 -4,449.31

IREM 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 -4,202.25 -4,178.74 -4,252.50 -4,449.31 -4,414.05

Competitive Comparison of IREM Co's E10

For the Steel subindustry, IREM 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.


IREM Co's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, IREM Co's Shiller PE Ratio distribution charts can be found below:

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



IREM 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, IREM 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)
=-7/118.8477*118.8477
=-7.000

Current CPI (Mar. 2024) = 118.8477.

IREM Co Quarterly Data

per share eps CPI Adj_EPS
201406 675.676 99.353 808.255
201409 30.030 99.608 35.830
201412 225.225 99.098 270.111
201503 -15.015 99.720 -17.895
201506 690.691 100.050 820.460
201509 -390.390 100.110 -463.460
201512 165.165 100.220 195.864
201603 -405.405 100.560 -479.131
201606 -630.631 100.790 -743.616
201609 -375.375 101.460 -439.705
201612 -2,267.270 101.560 -2,653.208
201703 135.135 102.850 156.154
201706 2,192.190 102.610 2,539.097
201709 0.937 103.490 1.076
201712 -765.766 102.990 -883.673
201803 15.015 104.100 17.142
201806 -150.150 104.130 -171.372
201809 -30.030 105.650 -33.781
201812 -3,588.590 104.350 -4,087.165
201903 -420.420 104.490 -478.189
201906 -7,522.520 104.880 -8,524.354
201909 -780.781 105.200 -882.072
201912 -9,739.010 105.120 -11,010.835
202003 -240.240 105.540 -270.532
202006 -13,979.000 104.870 -15,842.205
202009 -474.474 106.200 -530.981
202012 -882.410 105.765 -991.557
202103 -300.300 107.357 -332.441
202106 -279.279 107.579 -308.534
202109 99.099 108.759 108.291
202112 -98.298 109.676 -106.518
202203 29.000 111.806 30.827
202206 25.000 114.083 26.044
202209 10.000 114.831 10.350
202212 89.000 115.200 91.818
202303 34.000 116.550 34.670
202306 52.000 117.140 52.758
202309 2.000 119.111 1.996
202312 -83.000 118.848 -83.000
202403 -7.000 118.848 -7.000

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


IREM Co  (XKRX:009730) 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 IREM Co was 2.10. The lowest was 0.00. And the median was 1.24.


Be Aware

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


IREM Co E10 Related Terms

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


IREM Co (XKRX:009730) Business Description

Traded in Other Exchanges
N/A
Address
1116 Yeok-ri, Haengan-Myeon, Buan-gun, Jeollabuk-do, KOR, 158-093
Kossen Co Ltd operates in the steel industry in South Korea. The company is engaged in manufacturing of steel pipes and tubes. The other businesses of the company are natural gas vehicle business and new renewable energy business.

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