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PT Ace Hardware Indonesia Tbk (ISX:ACES) E10 : Rp51.07 (As of Mar. 2024)


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What is PT Ace Hardware Indonesia Tbk 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.

PT Ace Hardware Indonesia Tbk's adjusted earnings per share data for the three months ended in Mar. 2024 was Rp11.970. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Rp51.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Ace Hardware Indonesia Tbk's average E10 Growth Rate was 1.80% per year. During the past 3 years, the average E10 Growth Rate was -5.80% 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 PT Ace Hardware Indonesia Tbk was -2.20% per year. The lowest was -5.80% per year. And the median was -4.00% per year.

As of today (2024-05-20), PT Ace Hardware Indonesia Tbk's current stock price is Rp845.00. PT Ace Hardware Indonesia Tbk's E10 for the quarter that ended in Mar. 2024 was Rp51.07. PT Ace Hardware Indonesia Tbk's Shiller PE Ratio of today is 16.55.

During the past 13 years, the highest Shiller PE Ratio of PT Ace Hardware Indonesia Tbk was 36.34. The lowest was 8.25. And the median was 23.81.


PT Ace Hardware Indonesia Tbk E10 Historical Data

The historical data trend for PT Ace Hardware Indonesia Tbk'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.

PT Ace Hardware Indonesia Tbk E10 Chart

PT Ace Hardware Indonesia Tbk 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 52.44 60.29 46.33 49.04 50.52

PT Ace Hardware Indonesia Tbk 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 49.51 49.83 50.00 50.52 51.07

Competitive Comparison of PT Ace Hardware Indonesia Tbk's E10

For the Specialty Retail subindustry, PT Ace Hardware Indonesia Tbk'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.


PT Ace Hardware Indonesia Tbk's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Ace Hardware Indonesia Tbk's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PT Ace Hardware Indonesia Tbk's Shiller PE Ratio falls into.



PT Ace Hardware Indonesia Tbk 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, PT Ace Hardware Indonesia Tbk'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)
=11.97/130.6070*130.6070
=11.970

Current CPI (Mar. 2024) = 130.6070.

PT Ace Hardware Indonesia Tbk Quarterly Data

per share eps CPI Adj_EPS
201406 6.367 93.015 8.940
201409 7.606 94.576 10.504
201412 10.910 98.819 14.419
201503 7.370 98.388 9.783
201506 7.153 99.766 9.364
201509 8.457 101.037 10.932
201512 11.428 102.133 14.614
201603 8.190 102.764 10.409
201606 5.770 103.212 7.301
201609 13.934 104.142 17.475
201612 13.790 105.222 17.117
201703 9.040 106.476 11.089
201706 10.192 107.722 12.357
201709 11.622 108.020 14.052
201712 14.720 109.017 17.635
201803 12.250 110.097 14.532
201806 12.719 111.085 14.954
201809 15.898 111.135 18.684
201812 15.580 112.430 18.099
201903 13.850 112.829 16.032
201906 13.840 114.730 15.755
201909 14.580 114.905 16.572
201912 17.274 115.486 19.536
202003 14.350 116.252 16.122
202006 6.830 116.630 7.649
202009 9.790 116.397 10.985
202012 11.890 117.318 13.237
202103 9.450 117.840 10.474
202106 6.734 118.184 7.442
202109 2.680 118.262 2.960
202112 21.490 119.516 23.484
202203 8.970 120.948 9.686
202206 5.193 123.322 5.500
202209 6.385 125.298 6.656
202212 18.261 126.098 18.914
202303 9.260 126.953 9.527
202306 8.415 127.663 8.609
202309 10.713 128.151 10.918
202312 16.219 129.395 16.371
202403 11.970 130.607 11.970

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


PT Ace Hardware Indonesia Tbk  (ISX:ACES) 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.

PT Ace Hardware Indonesia Tbk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=845.00/51.07
=16.55

* 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 PT Ace Hardware Indonesia Tbk was 36.34. The lowest was 8.25. And the median was 23.81.


Be Aware

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


PT Ace Hardware Indonesia Tbk E10 Related Terms

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


PT Ace Hardware Indonesia Tbk (ISX:ACES) Business Description

Traded in Other Exchanges
Address
Jalan Puri Kencana No. 1, Kawan Lama Building, Kembangan Selatan, Jakarta, IDN, 11610
PT Ace Hardware Indonesia Tbk is an Indonesian company that produces household appliances and lifestyle products. The company operates across a network of cities in Indonesia. Ace Hardware segments its activities into a Home Improvement unit that includes hardware, cleaning aids, lighting, paint, and other products, and a Lifestyle unit that includes automotive, furniture, and home appliances. Through its subsidiary, PT Toys Game Indonesia, the company is also engaged in the toy retail industry. The company's home improvement and lifestyle product retail stores operate under the Ace brand, while the company's toy business operates under the Toys Kingdom brand. The majority of the company's revenue is derived from sales of its home improvement products.

PT Ace Hardware Indonesia Tbk (ISX:ACES) Headlines

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