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Albemarle (BSP:A1LB34) E10 : R$1.46 (As of Mar. 2024)


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What is Albemarle 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.

Albemarle's adjusted earnings per share data for the three months ended in Mar. 2024 was R$-0.017. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Albemarle's average E10 Growth Rate was -1.40% per year. During the past 3 years, the average E10 Growth Rate was 19.30% per year. During the past 5 years, the average E10 Growth Rate was 12.90% per year. During the past 10 years, the average E10 Growth Rate was 8.70% 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 Albemarle was 19.30% per year. The lowest was 2.10% per year. And the median was 9.00% per year.

As of today (2024-05-24), Albemarle's current stock price is R$26.52. Albemarle's E10 for the quarter that ended in Mar. 2024 was R$1.46. Albemarle's Shiller PE Ratio of today is 18.16.

During the past 13 years, the highest Shiller PE Ratio of Albemarle was 70.01. The lowest was 12.64. And the median was 25.47.


Albemarle E10 Historical Data

The historical data trend for Albemarle'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.

Albemarle E10 Chart

Albemarle 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 - 0.91 0.93 1.32 1.49

Albemarle 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 1.51 1.52 1.65 1.49 1.46

Competitive Comparison of Albemarle's E10

For the Specialty Chemicals subindustry, Albemarle'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.


Albemarle's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



Albemarle 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, Albemarle'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)
=-0.017/131.7762*131.7762
=-0.017

Current CPI (Mar. 2024) = 131.7762.

Albemarle Quarterly Data

per share eps CPI Adj_EPS
201406 0.026 100.560 0.034
201409 0.091 100.428 0.119
201412 -0.026 99.070 -0.035
201503 0.052 99.621 0.069
201506 0.060 100.684 0.079
201509 0.094 100.392 0.123
201512 0.251 99.792 0.331
201603 0.311 100.470 0.408
201606 -0.399 101.688 -0.517
201609 0.153 101.861 0.198
201612 0.741 101.863 0.959
201703 0.059 102.862 0.076
201706 0.126 103.349 0.161
201709 0.138 104.136 0.175
201712 -0.272 104.011 -0.345
201803 0.161 105.290 0.202
201806 0.429 106.317 0.532
201809 0.205 106.507 0.254
201812 0.196 105.998 0.244
201903 0.202 107.251 0.248
201906 0.233 108.070 0.284
201909 0.251 108.329 0.305
201912 0.145 108.420 0.176
202003 0.206 108.902 0.249
202006 0.173 108.767 0.210
202009 0.207 109.815 0.248
202012 0.169 109.897 0.203
202103 0.197 111.754 0.232
202106 0.758 114.631 0.871
202109 -0.739 115.734 -0.841
202112 -0.007 117.630 -0.008
202203 0.446 121.301 0.485
202206 0.728 125.017 0.767
202209 1.663 125.227 1.750
202212 2.098 125.222 2.208
202303 2.281 127.348 2.360
202306 1.116 128.729 1.142
202309 0.529 129.860 0.537
202312 -1.074 129.419 -1.094
202403 -0.017 131.776 -0.017

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


Albemarle  (BSP:A1LB34) 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.

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

Shiller PE Ratio=Share Price/E10
=26.52/1.46
=18.16

* 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 Albemarle was 70.01. The lowest was 12.64. And the median was 25.47.


Be Aware

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


Albemarle E10 Related Terms

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


Albemarle (BSP:A1LB34) Business Description

Traded in Other Exchanges
Address
4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

Albemarle (BSP:A1LB34) Headlines

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