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Elisa Oyj (Elisa Oyj) E10 : $1.24 (As of Mar. 2024)


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What is Elisa Oyj 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.

Elisa Oyj's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.283. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Elisa Oyj's average E10 Growth Rate was 5.60% per year. During the past 3 years, the average E10 Growth Rate was 9.50% per year. During the past 5 years, the average E10 Growth Rate was 8.30% 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 Elisa Oyj was 9.50% per year. The lowest was 6.40% per year. And the median was 9.10% per year.

As of today (2024-06-10), Elisa Oyj's current stock price is $24.00. Elisa Oyj's E10 for the quarter that ended in Mar. 2024 was $1.24. Elisa Oyj's Shiller PE Ratio of today is 19.35.

During the past 13 years, the highest Shiller PE Ratio of Elisa Oyj was 36.25. The lowest was 17.86. And the median was 26.69.


Elisa Oyj E10 Historical Data

The historical data trend for Elisa Oyj'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.

Elisa Oyj E10 Chart

Elisa Oyj 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 0.87 1.06 1.02 1.00 1.23

Elisa Oyj 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 1.18 1.25 1.28 1.23 1.24

Competitive Comparison of Elisa Oyj's E10

For the Telecom Services subindustry, Elisa Oyj'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.


Elisa Oyj's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Elisa Oyj's Shiller PE Ratio falls into.



Elisa Oyj 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, Elisa Oyj'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)
=0.283/122.3600*122.3600
=0.283

Current CPI (Mar. 2024) = 122.3600.

Elisa Oyj Quarterly Data

per share eps CPI Adj_EPS
201406 0.238 100.147 0.291
201409 0.277 100.726 0.336
201412 0.191 100.229 0.233
201503 0.200 100.120 0.244
201506 0.213 100.030 0.261
201509 0.241 100.130 0.295
201512 0.191 99.990 0.234
201603 0.217 100.080 0.265
201606 0.213 100.390 0.260
201609 0.264 100.540 0.321
201612 0.195 101.020 0.236
201703 0.230 100.910 0.279
201706 0.393 101.140 0.475
201709 0.316 101.320 0.382
201712 0.266 101.510 0.321
201803 0.290 101.730 0.349
201806 0.286 102.320 0.342
201809 0.309 102.600 0.369
201812 0.279 102.710 0.332
201903 0.243 102.870 0.289
201906 0.254 103.360 0.301
201909 0.292 103.540 0.345
201912 0.272 103.650 0.321
202003 0.271 103.490 0.320
202006 0.276 103.320 0.327
202009 0.324 103.710 0.382
202012 0.310 103.890 0.365
202103 0.304 104.870 0.355
202106 0.295 105.360 0.343
202109 0.353 106.290 0.406
202112 0.305 107.490 0.347
202203 0.303 110.950 0.334
202206 0.291 113.570 0.314
202209 0.312 114.920 0.332
202212 0.318 117.320 0.332
202303 0.305 119.750 0.312
202306 0.303 120.690 0.307
202309 0.336 121.280 0.339
202312 0.316 121.540 0.318
202403 0.283 122.360 0.283

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


Elisa Oyj  (GREY:ELMUY) 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.

Elisa Oyj's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24.00/1.24
=19.35

* 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 Elisa Oyj was 36.25. The lowest was 17.86. And the median was 26.69.


Be Aware

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


Elisa Oyj E10 Related Terms

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


Elisa Oyj (Elisa Oyj) Business Description

Traded in Other Exchanges
Address
Ratavartijankatu 5, Helsinki, FIN, 00520
Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cabletv subscriptions, Elisa Viihde entertainment service and Elisa Kirja e-reading service. The Corporate Customers segment provides corporate and public administration organisations with services such as IT and communication solutions for the digital environment as well as fixed and mobile subscriptions. Majority of revenue is generated from Consumer Customers segment. The company generates majority of its revenue in Finland.

Elisa Oyj (Elisa Oyj) Headlines

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