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Alliances Developpement Immobilier (CAS:ADI) E10 : MAD5.18 (As of Jun. 2023)


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What is Alliances Developpement Immobilier 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.

Alliances Developpement Immobilier's adjusted earnings per share data for the fiscal year that ended in Dec. 2022 was MAD8.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MAD5.18 for the trailing ten years ended in Dec. 2022.

During the past 3 years, the average E10 Growth Rate was -53.00% per year. During the past 5 years, the average E10 Growth Rate was -30.30% 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 Alliances Developpement Immobilier was -9.70% per year. The lowest was -53.00% per year. And the median was -14.40% per year.

As of today (2024-06-06), Alliances Developpement Immobilier's current stock price is MAD 239.50. Alliances Developpement Immobilier's E10 for the fiscal year that ended in Dec. 2022 was MAD5.18. Alliances Developpement Immobilier's Shiller PE Ratio of today is 46.24.

During the past 13 years, the highest Shiller PE Ratio of Alliances Developpement Immobilier was 52.12. The lowest was 0.53. And the median was 1.77.


Alliances Developpement Immobilier E10 Historical Data

The historical data trend for Alliances Developpement Immobilier'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.

Alliances Developpement Immobilier E10 Chart

Alliances Developpement Immobilier Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.62 49.88 33.13 30.45 5.18

Alliances Developpement Immobilier Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Jun15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 30.45 - 5.18 -

Competitive Comparison of Alliances Developpement Immobilier's E10

For the Real Estate Services subindustry, Alliances Developpement Immobilier'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.


Alliances Developpement Immobilier's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alliances Developpement Immobilier's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Alliances Developpement Immobilier's Shiller PE Ratio falls into.



Alliances Developpement Immobilier 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, Alliances Developpement Immobilier's adjusted earnings per share data for the fiscal year that ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=8.08/125.2218*125.2218
=8.080

Current CPI (Dec. 2022) = 125.2218.

Alliances Developpement Immobilier Annual Data

per_share_eps CPI Adj_EPS
201012 0.000 92.474 0.000
201112 0.000 95.213 0.000
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201712 13.798 104.011 16.612
201812 15.845 105.998 18.719
201912 3.892 108.420 4.495
202012 -19.799 109.897 -22.560
202112 5.403 117.630 5.752
202212 8.080 125.222 8.080

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


Alliances Developpement Immobilier  (CAS:ADI) 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.

Alliances Developpement Immobilier's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=239.50/5.18
=46.24

* 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 Alliances Developpement Immobilier was 52.12. The lowest was 0.53. And the median was 1.77.


Be Aware

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


Alliances Developpement Immobilier E10 Related Terms

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


Alliances Developpement Immobilier (CAS:ADI) Business Description

Traded in Other Exchanges
N/A
Address
16, Rue Ali Abderrazak, Casablanca, MAR
Alliances Developpement Immobilier SA provides real estate services. Its business activities include development, building, marketing and managing of commercial and residential assets as well as tourist property.

Alliances Developpement Immobilier (CAS:ADI) Headlines