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Alpha Adriatic JSC (ZAG:ULPL) E10 : €-24.68 (As of Sep. 2023)


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What is Alpha Adriatic JSC 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.

Alpha Adriatic JSC's adjusted earnings per share data for the three months ended in Sep. 2023 was €-0.451. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-24.68 for the trailing ten years ended in Sep. 2023.

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.

As of today (2024-06-03), Alpha Adriatic JSC's current stock price is €18.50. Alpha Adriatic JSC's E10 for the quarter that ended in Sep. 2023 was €-24.68. Alpha Adriatic JSC's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Alpha Adriatic JSC was 3.61. The lowest was 1.82. And the median was 2.68.


Alpha Adriatic JSC E10 Historical Data

The historical data trend for Alpha Adriatic JSC'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.

Alpha Adriatic JSC E10 Chart

Alpha Adriatic JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -28.76 -25.27

Alpha Adriatic JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -27.44 -25.27 -25.20 -24.96 -24.68

Competitive Comparison of Alpha Adriatic JSC's E10

For the Integrated Freight & Logistics subindustry, Alpha Adriatic JSC'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.


Alpha Adriatic JSC's Shiller PE Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Alpha Adriatic JSC's Shiller PE Ratio falls into.



Alpha Adriatic JSC 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, Alpha Adriatic JSC's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.451/129.8595*129.8595
=-0.451

Current CPI (Sep. 2023) = 129.8595.

Alpha Adriatic JSC Quarterly Data

per share eps CPI Adj_EPS
201312 -10.583 98.326 -13.977
201403 -2.373 99.695 -3.091
201406 -4.001 100.560 -5.167
201409 -0.193 100.428 -0.250
201412 -19.401 99.070 -25.431
201503 4.942 99.621 6.442
201506 -4.617 100.684 -5.955
201509 0.361 100.392 0.467
201512 -122.040 99.792 -158.810
201603 -4.967 100.470 -6.420
201606 0.826 101.688 1.055
201609 -5.153 101.861 -6.569
201612 -1.014 101.863 -1.293
201703 -2.860 102.862 -3.611
201706 3.441 103.349 4.324
201709 3.415 104.136 4.259
201712 -0.238 104.011 -0.297
201803 0.817 105.290 1.008
201806 -0.285 106.317 -0.348
201809 0.025 106.507 0.030
201812 -60.125 105.998 -73.660
201903 -2.282 107.251 -2.763
201906 -1.265 108.070 -1.520
201909 9.576 108.329 11.479
201912 -30.655 108.420 -36.717
202003 14.958 108.902 17.837
202006 -5.472 108.767 -6.533
202009 -5.523 109.815 -6.531
202012 18.762 109.897 22.170
202103 5.763 111.754 6.697
202106 4.560 114.631 5.166
202109 2.145 115.734 2.407
202112 13.812 117.630 15.248
202203 1.895 121.301 2.029
202206 2.431 125.017 2.525
202209 1.646 125.227 1.707
202212 7.338 125.222 7.610
202303 0.593 127.348 0.605
202306 -0.470 128.729 -0.474
202309 -0.451 129.860 -0.451

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


Alpha Adriatic JSC  (ZAG:ULPL) 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 Alpha Adriatic JSC was 3.61. The lowest was 1.82. And the median was 2.68.


Be Aware

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


Alpha Adriatic JSC E10 Related Terms

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


Alpha Adriatic JSC (ZAG:ULPL) Business Description

Traded in Other Exchanges
N/A
Address
Carrara 6, Pula, HRV, 52100
Alpha Adriatic JSC formerly known as Uljanik Plovidba dd operates in the integrated shipping and logistics industry in Croatia. The company is engaged in shipping of bulk and liquid cargo like petroleum products and chemicals, and provision of different types of services related to maritime activities.

Alpha Adriatic JSC (ZAG:ULPL) Headlines

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