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AGC (ASGLY) E10 : $0.40 (As of Dec. 2023)


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What is AGC 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.

AGC's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.055. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, AGC's average E10 Growth Rate was 11.90% per year. During the past 3 years, the average E10 Growth Rate was 5.10% per year. During the past 5 years, the average E10 Growth Rate was -0.10% 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 AGC was 5.10% per year. The lowest was -3.70% per year. And the median was -2.05% per year.

As of today (2024-04-27), AGC's current stock price is $7.22. AGC's E10 for the quarter that ended in Dec. 2023 was $0.40. AGC's Shiller PE Ratio of today is 18.05.

During the past 13 years, the highest Shiller PE Ratio of AGC was 23.48. The lowest was 8.20. And the median was 16.39.


AGC E10 Historical Data

The historical data trend for AGC'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.

AGC E10 Chart

AGC 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 0.52 0.47 0.46 0.38 0.40

AGC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.38 0.39 0.36 0.37 0.40

Competitive Comparison of AGC's E10

For the Specialty Chemicals subindustry, AGC'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.


AGC's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



AGC 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, AGC's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.055/106.8000*106.8000
=0.055

Current CPI (Dec. 2023) = 106.8000.

AGC Quarterly Data

per share eps CPI Adj_EPS
201403 0.059 95.700 0.066
201406 -0.030 98.000 -0.033
201409 0.037 98.500 0.040
201412 0.053 97.900 0.058
201503 0.033 97.900 0.036
201506 0.204 98.400 0.221
201509 0.063 98.500 0.068
201512 0.001 98.100 0.001
201603 0.067 97.900 0.073
201606 0.744 98.100 0.810
201609 0.050 98.000 0.054
201612 0.108 98.400 0.117
201703 0.153 98.100 0.167
201706 0.138 98.500 0.150
201709 0.181 98.800 0.196
201712 0.067 99.400 0.072
201803 0.206 99.200 0.222
201806 0.187 99.200 0.201
201809 0.133 99.900 0.142
201812 0.198 99.700 0.212
201903 0.126 99.700 0.135
201906 0.139 99.800 0.149
201909 -0.029 100.100 -0.031
201912 0.128 100.500 0.136
202003 0.113 100.300 0.120
202006 -0.018 99.900 -0.019
202009 0.018 99.900 0.019
202012 0.167 99.300 0.180
202103 0.238 99.900 0.254
202106 0.286 99.500 0.307
202109 0.536 100.100 0.572
202112 -0.045 100.100 -0.048
202203 0.232 101.100 0.245
202206 0.273 101.800 0.286
202209 0.173 103.100 0.179
202212 -0.682 104.100 -0.700
202303 0.149 104.400 0.152
202306 0.120 105.200 0.122
202309 0.107 106.200 0.108
202312 0.055 106.800 0.055

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


AGC  (OTCPK:ASGLY) 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.

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

Shiller PE Ratio=Share Price/E10
=7.22/0.4
=18.05

* 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 AGC was 23.48. The lowest was 8.20. And the median was 16.39.


Be Aware

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


AGC E10 Related Terms

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


AGC (ASGLY) Business Description

Traded in Other Exchanges
Address
1-5-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8405
AGC Inc produces and sells glass and glass-related products in two segments based on product type: Automotive glass and Float glass. The Automotive glass segment, which generates the majority of revenue, is the largest automotive glass supplier in India. The Float glass segment manufactures and sells glass products to the architectural, interior design, and construction industries. The segment also produces solar glass, which is used for solar power generation. Nearly all of the company's revenue comes from India.

AGC (ASGLY) Headlines

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