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Port of Tauranga (NZSE:POT) E10 : NZ$0.16 (As of Dec. 2023)


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What is Port of Tauranga 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.

Port of Tauranga's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was NZ$0.172. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NZ$0.16 for the trailing ten years ended in Jun. 2023.

During the past 3 years, the average E10 Growth Rate was 7.20% per year. During the past 5 years, the average E10 Growth Rate was 7.00% per year. During the past 10 years, the average E10 Growth Rate was 7.30% 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 Port of Tauranga was 18.60% per year. The lowest was 5.30% per year. And the median was 8.70% per year.

As of today (2024-06-08), Port of Tauranga's current stock price is NZ$ 4.95. Port of Tauranga's E10 for the fiscal year that ended in Jun. 2023 was NZ$0.16. Port of Tauranga's Shiller PE Ratio of today is 30.94.

During the past 13 years, the highest Shiller PE Ratio of Port of Tauranga was 67.42. The lowest was 30.00. And the median was 41.28.


Port of Tauranga E10 Historical Data

The historical data trend for Port of Tauranga'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.

Port of Tauranga E10 Chart

Port of Tauranga Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.13 0.14 0.16 0.16

Port of Tauranga Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 0.16 - 0.16 -

Competitive Comparison of Port of Tauranga's E10

For the Marine Shipping subindustry, Port of Tauranga'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.


Port of Tauranga's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Port of Tauranga's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Port of Tauranga's Shiller PE Ratio falls into.



Port of Tauranga 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, Port of Tauranga's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.172/125.8458*125.8458
=0.172

Current CPI (Jun. 2023) = 125.8458.

Port of Tauranga Annual Data

per_share_eps CPI Adj_EPS
201406 0.117 99.646 0.148
201506 0.116 100.063 0.146
201606 0.114 100.480 0.143
201706 0.123 102.231 0.151
201806 0.139 103.764 0.169
201906 0.148 105.502 0.177
202006 0.132 107.035 0.155
202106 0.150 110.614 0.171
202206 0.164 118.690 0.174
202306 0.172 125.846 0.172

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


Port of Tauranga  (NZSE:POT) 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.

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

Shiller PE Ratio=Share Price/E10
=4.95/0.16
=30.94

* 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 Port of Tauranga was 67.42. The lowest was 30.00. And the median was 41.28.


Be Aware

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


Port of Tauranga E10 Related Terms

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


Port of Tauranga (NZSE:POT) Business Description

Traded in Other Exchanges
Address
Salisbury Avenue, Private Bag 12504, Tauranga Mail Centre, Mount Maunganui, Tauranga, NTL, NZL, 3143
The Port of Tauranga Limited, situated in the Bay of Plenty on the east coast of New Zealand, is the country's largest port, handling both container and break bulk cargo. It is involved in export and import of cargo and runs a rail link through to Auckland. The biggest commodities traded through the port are logs and forestry, dairy, fertilizers, oil and coal. The firm's principal activities also include the leasing of land and buildings.

Port of Tauranga (NZSE:POT) Headlines

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