GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » A P Moller Maersk AS (MEX:MAERSKB) » Definitions » E10

A P Moller Maersk AS (MEX:MAERSKB) E10 : MXN6,884.73 (As of Mar. 2025)


View and export this data going back to 2018. Start your Free Trial

What is A P Moller Maersk AS 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.

A P Moller Maersk AS's adjusted earnings per share data for the three months ended in Mar. 2025 was MXN1,513.907. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN6,884.73 for the trailing ten years ended in Mar. 2025.

During the past 12 months, A P Moller Maersk AS's average E10 Growth Rate was 7.50% per year. During the past 3 years, the average E10 Growth Rate was 31.80% per year. During the past 5 years, the average E10 Growth Rate was 45.20% 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 A P Moller Maersk AS was 64.60% per year. The lowest was 23.50% per year. And the median was 47.55% per year.

As of today (2025-07-05), A P Moller Maersk AS's current stock price is MXN34870.23. A P Moller Maersk AS's E10 for the quarter that ended in Mar. 2025 was MXN6,884.73. A P Moller Maersk AS's Shiller PE Ratio of today is 5.06.

During the past 13 years, the highest Shiller PE Ratio of A P Moller Maersk AS was 31.34. The lowest was 3.87. And the median was 12.85.


A P Moller Maersk AS E10 Historical Data

The historical data trend for A P Moller Maersk AS'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.

A P Moller Maersk AS E10 Chart

A P Moller Maersk AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,493.52 3,077.74 5,887.82 4,837.34 5,079.31

A P Moller Maersk AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6,547.28 4,619.91 5,170.72 5,079.31 6,884.73

Competitive Comparison of A P Moller Maersk AS's E10

For the Marine Shipping subindustry, A P Moller Maersk AS'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.


A P Moller Maersk AS's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A P Moller Maersk AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where A P Moller Maersk AS's Shiller PE Ratio falls into.


;
;

A P Moller Maersk AS 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, A P Moller Maersk AS's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1513.907/120.2000*120.2000
=1,513.907

Current CPI (Mar. 2025) = 120.2000.

A P Moller Maersk AS Quarterly Data

per share eps CPI Adj_EPS
201506 768.820 100.300 921.358
201509 608.328 100.200 729.751
201512 -2,063.400 99.800 -2,485.177
201603 172.140 100.200 206.499
201606 92.467 100.600 110.482
201609 406.046 100.200 487.093
201612 -2,659.593 100.300 -3,187.269
201703 225.948 101.200 268.369
201706 -234.988 101.200 -279.106
201709 -1,361.100 101.800 -1,607.114
201712 353.511 101.300 419.467
201803 2,398.123 101.700 2,834.360
201806 -117.897 102.300 -138.526
201809 355.395 102.400 417.173
201812 39.270 102.100 46.232
201903 -620.736 102.900 -725.097
201906 134.462 102.900 157.068
201909 473.808 102.900 553.467
201912 -67.576 102.900 -78.937
202003 234.480 103.300 272.841
202006 484.724 103.200 564.572
202009 1,060.368 103.500 1,231.461
202012 1,312.872 103.400 1,526.182
202103 2,841.299 104.300 3,274.440
202106 3,841.858 105.000 4,398.013
202109 5,901.294 105.800 6,704.495
202112 6,543.966 106.600 7,378.843
202203 7,227.693 109.900 7,905.084
202206 9,334.752 113.600 9,877.088
202209 9,796.005 116.400 10,115.806
202212 5,497.872 115.900 5,701.848
202303 2,361.275 117.300 2,419.653
202306 1,457.232 116.400 1,504.805
202309 539.986 117.400 552.865
202312 -390.408 116.700 -402.117
202403 182.559 118.400 185.334
202406 934.325 118.500 947.729
202409 3,800.228 118.900 3,841.778
202412 2,752.952 118.900 2,783.052
202503 1,513.907 120.200 1,513.907

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


A P Moller Maersk AS  (MEX:MAERSKB) 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.

A P Moller Maersk AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=34870.23/6884.73
=5.06

* 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 A P Moller Maersk AS was 31.34. The lowest was 3.87. And the median was 12.85.


Be Aware

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


A P Moller Maersk AS E10 Related Terms

Thank you for viewing the detailed overview of A P Moller Maersk AS's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


A P Moller Maersk AS Business Description

Address
Esplanaden 50, Copenhagen, DNK, 1263
Denmark-listed A.P. Moller-Maersk operates trade, shipping, logistics and terminal assets globally. The oceans segment, the largest contributor to group revenue and earnings, has the second-largest oceangoing shipping capacity globally. Maersk has acquired several logistics firms in the past couple of years and plans for the segment to be the company's growth engine. Over the past few years, Maersk has divested noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations and ocean towing.

A P Moller Maersk AS Headlines

No Headlines