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Korea Cement Co (XKRX:198440) E10 : ₩20.35 (As of Mar. 2024)


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What is Korea Cement Co 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.

Korea Cement Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩-28.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩20.35 for the trailing ten years ended in Mar. 2024.

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 (2024-06-12), Korea Cement Co's current stock price is ₩2000.00. Korea Cement Co's E10 for the quarter that ended in Mar. 2024 was ₩20.35. Korea Cement Co's Shiller PE Ratio of today is 98.28.

During the past 10 years, the highest Shiller PE Ratio of Korea Cement Co was 104.18. The lowest was 78.97. And the median was 83.05.


Korea Cement Co E10 Historical Data

The historical data trend for Korea Cement Co'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.

Korea Cement Co E10 Chart

Korea Cement Co 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 - - - - -

Korea Cement Co 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 - - - - 20.35

Competitive Comparison of Korea Cement Co's E10

For the Asset Management subindustry, Korea Cement Co'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.


Korea Cement Co's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Korea Cement Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Korea Cement Co's Shiller PE Ratio falls into.



Korea Cement Co 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, Korea Cement Co'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)
=-28/118.8477*118.8477
=-28.000

Current CPI (Mar. 2024) = 118.8477.

Korea Cement Co Quarterly Data

per share eps CPI Adj_EPS
201406 -34.000 99.353 -40.671
201409 7.000 99.608 8.352
201412 7.950 99.098 9.534
201503 7.000 99.720 8.343
201506 6.000 100.050 7.127
201509 7.000 100.110 8.310
201512 6.000 100.220 7.115
201603 5.000 100.560 5.909
201606 117.000 100.790 137.962
201609 129.000 101.460 151.107
201612 91.000 101.560 106.490
201703 -70.000 102.850 -80.888
201706 26.000 102.610 30.114
201709 74.000 103.490 84.981
201712 -8.000 102.990 -9.232
201803 -59.000 104.100 -67.358
201806 156.000 104.130 178.049
201809 34.000 105.650 38.247
201812 10.000 104.350 11.389
201903 -38.000 104.490 -43.221
201906 104.000 104.880 117.851
201909 31.000 105.200 35.022
201912 9.000 105.120 10.175
202003 -59.000 105.540 -66.439
202006 73.000 104.870 82.730
202009 65.000 106.200 72.741
202012 61.000 105.765 68.545
202103 -25.000 107.357 -27.676
202106 108.000 107.579 119.313
202109 13.000 108.759 14.206
202112 49.000 109.676 53.097
202203 -96.000 111.806 -102.046
202206 -14.000 114.083 -14.585
202209 -114.000 114.831 -117.987
202212 -66.000 115.200 -68.090
202303 -92.000 116.550 -93.814
202306 -369.000 117.140 -374.380
202309 -34.000 119.111 -33.925
202312 0.000 118.848 0.000
202403 -28.000 118.848 -28.000

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


Korea Cement Co  (XKRX:198440) 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.

Korea Cement Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2000.00/20.35
=98.28

* 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 10 years, the highest Shiller P/E Ratio of Korea Cement Co was 104.18. The lowest was 78.97. And the median was 83.05.


Be Aware

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


Korea Cement Co E10 Related Terms

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


Korea Cement Co (XKRX:198440) Business Description

Traded in Other Exchanges
N/A
Address
60 Yeoeuidero, Yeongdeungpo-gu, Seoul, KOR
Website
Korea Cement Co Ltd, formerly known as NH Special Purpose Acquisition 3 Co Ltd is engaged in providing activities auxiliary to financial service activities.

Korea Cement Co (XKRX:198440) Headlines

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