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Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) E10 : $0.24 (As of Sep. 2023)


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What is Centrais Eletricas Brasileiras 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.

Centrais Eletricas Brasileiras's adjusted earnings per share data for the three months ended in Sep. 2023 was $0.089. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.24 for the trailing ten years ended in Sep. 2023.

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 Centrais Eletricas Brasileiras was 77.30% per year. The lowest was 48.70% per year. And the median was 63.00% per year.

As of today (2024-04-26), Centrais Eletricas Brasileiras's current stock price is $7.34. Centrais Eletricas Brasileiras's E10 for the quarter that ended in Sep. 2023 was $0.24. Centrais Eletricas Brasileiras's Shiller PE Ratio of today is 30.58.

During the past 13 years, the highest Shiller PE Ratio of Centrais Eletricas Brasileiras was 4420.00. The lowest was 28.19. And the median was 35.70.


Centrais Eletricas Brasileiras E10 Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras E10 Chart

Centrais Eletricas Brasileiras Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 -0.02 - -0.03 0.17

Centrais Eletricas Brasileiras Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.08 0.17 0.19 0.21 0.24

Competitive Comparison of Centrais Eletricas Brasileiras's E10

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.


Centrais Eletricas Brasileiras's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Centrais Eletricas Brasileiras's Shiller PE Ratio falls into.



Centrais Eletricas Brasileiras 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, Centrais Eletricas Brasileiras's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.089/155.4635*155.4635
=0.089

Current CPI (Sep. 2023) = 155.4635.

Centrais Eletricas Brasileiras Quarterly Data

per share eps CPI Adj_EPS
201312 -1.733 88.522 -3.044
201403 0.327 90.447 0.562
201406 -0.036 91.838 -0.061
201409 -0.872 92.602 -1.464
201412 -1.228 94.194 -2.027
201503 0.296 97.799 0.471
201506 -0.324 100.006 -0.504
201509 -0.760 101.392 -1.165
201512 -1.388 104.247 -2.070
201603 -0.779 106.979 -1.132
201606 2.745 108.851 3.920
201609 0.196 109.986 0.277
201612 -1.395 110.802 -1.957
201703 0.329 111.869 0.457
201706 0.069 112.115 0.096
201709 0.124 112.777 0.171
201712 -0.897 114.068 -1.223
201803 0.101 114.868 0.137
201806 0.263 117.038 0.349
201809 -0.407 117.881 -0.537
201812 2.837 118.340 3.727
201903 0.259 120.124 0.335
201906 1.066 120.977 1.370
201909 0.127 121.292 0.163
201912 0.645 123.436 0.812
202003 0.160 124.092 0.200
202006 0.058 123.557 0.073
202009 0.332 125.095 0.413
202012 0.232 129.012 0.280
202103 0.182 131.660 0.215
202106 0.321 133.871 0.373
202109 0.116 137.913 0.131
202112 0.069 141.992 0.076
202203 0.348 146.537 0.369
202206 0.036 149.784 0.037
202209 0.083 147.800 0.087
202212 -0.040 150.207 -0.041
202303 0.034 153.352 0.034
202306 0.192 154.519 0.193
202309 0.089 155.464 0.089

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


Centrais Eletricas Brasileiras  (NYSE:EBR) 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.

Centrais Eletricas Brasileiras's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.34/0.24
=30.58

* 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 Centrais Eletricas Brasileiras was 4420.00. The lowest was 28.19. And the median was 35.70.


Be Aware

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


Centrais Eletricas Brasileiras E10 Related Terms

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


Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Business Description

Address
Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005
Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Headlines