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KISCO (XKRX:104700) E10 : ₩1,051.27 (As of Mar. 2024)


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What is KISCO 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.

KISCO's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩155.028. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩1,051.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KISCO's average E10 Growth Rate was 13.80% per year. During the past 3 years, the average E10 Growth Rate was 51.10% per year. During the past 5 years, the average E10 Growth Rate was 24.90% 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 KISCO was 51.10% per year. The lowest was 14.20% per year. And the median was 33.90% per year.

As of today (2024-05-22), KISCO's current stock price is ₩11610.00. KISCO's E10 for the quarter that ended in Mar. 2024 was ₩1,051.27. KISCO's Shiller PE Ratio of today is 11.04.

During the past 13 years, the highest Shiller PE Ratio of KISCO was 40.07. The lowest was 5.94. And the median was 11.80.


KISCO E10 Historical Data

The historical data trend for KISCO'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.

KISCO E10 Chart

KISCO 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 353.79 298.62 638.22 849.94 1,029.43

KISCO 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 923.67 983.19 1,031.73 1,029.43 1,051.27

Competitive Comparison of KISCO's E10

For the Steel subindustry, KISCO'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.


KISCO's Shiller PE Ratio Distribution in the Steel Industry

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

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



KISCO 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, KISCO'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)
=155.028/118.8477*118.8477
=155.028

Current CPI (Mar. 2024) = 118.8477.

KISCO Quarterly Data

per share eps CPI Adj_EPS
201406 195.600 99.353 233.980
201409 156.400 99.608 186.609
201412 92.000 99.098 110.335
201503 140.800 99.720 167.807
201506 385.400 100.050 457.810
201509 345.200 100.110 409.811
201512 293.200 100.220 347.697
201603 234.600 100.560 277.264
201606 483.800 100.790 570.478
201609 155.800 101.460 182.500
201612 137.000 101.560 160.320
201703 166.000 102.850 191.820
201706 79.000 102.610 91.501
201709 28.400 103.490 32.615
201712 -329.000 102.990 -379.657
201803 16.600 104.100 18.952
201806 258.000 104.130 294.466
201809 -249.000 105.650 -280.105
201812 172.000 104.350 195.897
201903 268.000 104.490 304.825
201906 -17.000 104.880 -19.264
201909 234.000 105.200 264.357
201912 -70.000 105.120 -79.141
202003 276.000 105.540 310.801
202006 291.000 104.870 329.786
202009 224.000 106.200 250.677
202012 -975.000 105.765 -1,095.599
202103 208.000 107.357 230.262
202106 820.000 107.579 905.897
202109 716.000 108.759 782.416
202112 725.000 109.676 785.626
202203 588.000 111.806 625.034
202206 145.000 114.083 151.056
202209 557.000 114.831 576.482
202212 961.000 115.200 991.427
202303 376.000 116.550 383.414
202306 792.000 117.140 803.547
202309 445.000 119.111 444.016
202312 142.000 118.848 142.000
202403 155.028 118.848 155.028

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


KISCO  (XKRX:104700) 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.

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

Shiller PE Ratio=Share Price/E10
=11610.00/1051.27
=11.04

* 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 KISCO was 40.07. The lowest was 5.94. And the median was 11.80.


Be Aware

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


KISCO E10 Related Terms

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


KISCO (XKRX:104700) Business Description

Traded in Other Exchanges
N/A
Address
70 Shinchon dong, Changwon-si, Gyeongnam, KOR, 642-370
KISCO Corp is engaged in the steel industry. Its main business involves the processing of steel products such as reinforcing bars used at construction sites, bridges and other structures. Alternatively, the company manufactures silicon batteries used in photovoltaic generation.

KISCO (XKRX:104700) Headlines

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