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Transmissora Alianca de Energia Eletrica (BSP:TAEE4) E10 : R$1.67 (As of Mar. 2024)


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What is Transmissora Alianca de Energia Eletrica 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.

Transmissora Alianca de Energia Eletrica's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.362. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Transmissora Alianca de Energia Eletrica's average E10 Growth Rate was 1.20% per year. During the past 3 years, the average E10 Growth Rate was 9.30% per year. During the past 5 years, the average E10 Growth Rate was 10.20% 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 Transmissora Alianca de Energia Eletrica was 14.10% per year. The lowest was 9.30% per year. And the median was 10.80% per year.

As of today (2024-05-13), Transmissora Alianca de Energia Eletrica's current stock price is R$11.65. Transmissora Alianca de Energia Eletrica's E10 for the quarter that ended in Mar. 2024 was R$1.67. Transmissora Alianca de Energia Eletrica's Shiller PE Ratio of today is 6.98.

During the past 13 years, the highest Shiller PE Ratio of Transmissora Alianca de Energia Eletrica was 12.71. The lowest was 6.82. And the median was 8.55.


Transmissora Alianca de Energia Eletrica E10 Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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.

Transmissora Alianca de Energia Eletrica E10 Chart

Transmissora Alianca de Energia Eletrica 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 1.09 1.25 1.47 1.59 1.63

Transmissora Alianca de Energia Eletrica 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 1.64 1.64 1.61 1.63 1.67

Competitive Comparison of Transmissora Alianca de Energia Eletrica's E10

For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica'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.


Transmissora Alianca de Energia Eletrica's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Transmissora Alianca de Energia Eletrica's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Transmissora Alianca de Energia Eletrica's Shiller PE Ratio falls into.



Transmissora Alianca de Energia Eletrica 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, Transmissora Alianca de Energia Eletrica'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)
=0.362/156.2729*156.2729
=0.362

Current CPI (Mar. 2024) = 156.2729.

Transmissora Alianca de Energia Eletrica Quarterly Data

per share eps CPI Adj_EPS
201406 0.077 91.838 0.131
201409 0.481 92.602 0.812
201412 0.209 94.194 0.347
201503 0.195 97.799 0.312
201506 0.233 100.006 0.364
201509 0.154 101.392 0.237
201512 0.298 104.247 0.447
201603 0.245 106.979 0.358
201606 0.200 108.851 0.287
201609 0.094 109.986 0.134
201612 0.740 110.802 1.044
201703 0.195 111.869 0.272
201706 0.070 112.115 0.098
201709 0.094 112.777 0.130
201712 0.269 114.068 0.369
201803 0.224 114.868 0.305
201806 0.267 117.038 0.357
201809 0.285 117.881 0.378
201812 0.260 118.340 0.343
201903 0.154 120.124 0.200
201906 0.297 120.977 0.384
201909 0.346 121.292 0.446
201912 0.273 123.436 0.346
202003 0.379 124.092 0.477
202006 0.449 123.557 0.568
202009 0.636 125.095 0.795
202012 0.726 129.012 0.879
202103 0.538 131.660 0.639
202106 0.675 133.871 0.788
202109 0.519 137.913 0.588
202112 0.409 141.992 0.450
202203 0.542 146.537 0.578
202206 0.546 149.784 0.570
202209 0.293 147.800 0.310
202212 0.022 150.207 0.023
202303 0.374 153.352 0.381
202306 0.213 154.519 0.215
202309 0.270 155.464 0.271
202312 0.466 156.273 0.466
202403 0.362 156.273 0.362

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


Transmissora Alianca de Energia Eletrica  (BSP:TAEE4) 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.

Transmissora Alianca de Energia Eletrica's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.65/1.67
=6.98

* 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 Transmissora Alianca de Energia Eletrica was 12.71. The lowest was 6.82. And the median was 8.55.


Be Aware

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


Transmissora Alianca de Energia Eletrica E10 Related Terms

Thank you for viewing the detailed overview of Transmissora Alianca de Energia Eletrica's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Business Description

Traded in Other Exchanges
Address
Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010
Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Headlines

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