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Aerodrom Nikola Tesla ad (XBEL:AERO) E10 : RSD234.21 (As of Mar. 2024)


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What is Aerodrom Nikola Tesla ad 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.

Aerodrom Nikola Tesla ad's adjusted earnings per share data for the three months ended in Mar. 2024 was RSD1.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RSD234.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aerodrom Nikola Tesla ad's average E10 Growth Rate was 2.50% 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.

As of today (2024-06-07), Aerodrom Nikola Tesla ad's current stock price is RSD1900.00. Aerodrom Nikola Tesla ad's E10 for the quarter that ended in Mar. 2024 was RSD234.21. Aerodrom Nikola Tesla ad's Shiller PE Ratio of today is 8.11.

During the past 13 years, the highest Shiller PE Ratio of Aerodrom Nikola Tesla ad was 9.21. The lowest was 5.85. And the median was 7.90.


Aerodrom Nikola Tesla ad E10 Historical Data

The historical data trend for Aerodrom Nikola Tesla ad'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.

Aerodrom Nikola Tesla ad E10 Chart

Aerodrom Nikola Tesla ad 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 - - - 230.70 230.10

Aerodrom Nikola Tesla ad 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 228.46 228.12 228.97 230.10 234.21

Competitive Comparison of Aerodrom Nikola Tesla ad's E10

For the Airports & Air Services subindustry, Aerodrom Nikola Tesla ad'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.


Aerodrom Nikola Tesla ad's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aerodrom Nikola Tesla ad's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Aerodrom Nikola Tesla ad's Shiller PE Ratio falls into.



Aerodrom Nikola Tesla ad 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, Aerodrom Nikola Tesla ad'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)
=1.24/131.7762*131.7762
=1.240

Current CPI (Mar. 2024) = 131.7762.

Aerodrom Nikola Tesla ad Quarterly Data

per share eps CPI Adj_EPS
201406 12.487 100.560 16.363
201409 22.705 100.428 29.792
201412 63.040 99.070 83.852
201503 55.280 99.621 73.123
201506 8.495 100.684 11.118
201509 25.979 100.392 34.101
201512 6.225 99.792 8.220
201603 14.500 100.470 19.018
201606 25.572 101.688 33.138
201609 28.585 101.861 36.980
201612 24.390 101.863 31.552
201703 14.880 102.862 19.063
201706 25.576 103.349 32.611
201709 38.070 104.136 48.175
201712 16.710 104.011 21.171
201803 12.960 105.290 16.220
201806 28.831 106.317 35.735
201809 38.734 106.507 47.924
201812 1,438.330 105.998 1,788.127
201903 0.900 107.251 1.106
201906 -0.209 108.070 -0.255
201909 1.499 108.329 1.823
201912 -15.171 108.420 -18.439
202003 -3.010 108.902 -3.642
202006 -7.047 108.767 -8.538
202009 -5.637 109.815 -6.764
202012 -7.330 109.897 -8.789
202103 -1.730 111.754 -2.040
202106 0.817 114.631 0.939
202109 -2.955 115.734 -3.365
202112 -4.421 117.630 -4.953
202203 -1.110 121.301 -1.206
202206 2.760 125.017 2.909
202209 -0.380 125.227 -0.400
202212 -0.692 125.222 -0.728
202303 0.060 127.348 0.062
202306 0.040 128.729 0.041
202309 0.870 129.860 0.883
202312 5.800 129.419 5.906
202403 1.240 131.776 1.240

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


Aerodrom Nikola Tesla ad  (XBEL:AERO) 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.

Aerodrom Nikola Tesla ad's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1900.00/234.21
=8.11

* 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 Aerodrom Nikola Tesla ad was 9.21. The lowest was 5.85. And the median was 7.90.


Be Aware

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


Aerodrom Nikola Tesla ad E10 Related Terms

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


Aerodrom Nikola Tesla ad (XBEL:AERO) Business Description

Traded in Other Exchanges
N/A
Address
Belgrade Airport 47, surcin, Belgrade, SRB, 11271
Aerodrom Nikola Tesla ad provides airport services such as aircraft landing, take-off, taxing and parking, and passenger and cargo handling. The group also provides ancillary services and airport complex services, satisfying the needs of service users, and domestic and foreign air carriers.

Aerodrom Nikola Tesla ad (XBEL:AERO) Headlines

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