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Rogers Communications (FRA:RCIB) E10 : €2.34 (As of Mar. 2024)


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What is Rogers Communications 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.

Rogers Communications's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.313. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rogers Communications's average E10 Growth Rate was -5.00% per year. During the past 3 years, the average E10 Growth Rate was 1.50% per year. During the past 5 years, the average E10 Growth Rate was 2.50% per year. During the past 10 years, the average E10 Growth Rate was 6.50% 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 Rogers Communications was 44.20% per year. The lowest was 1.50% per year. And the median was 11.40% per year.

As of today (2024-05-22), Rogers Communications's current stock price is €36.20. Rogers Communications's E10 for the quarter that ended in Mar. 2024 was €2.34. Rogers Communications's Shiller PE Ratio of today is 15.47.

During the past 13 years, the highest Shiller PE Ratio of Rogers Communications was 29.56. The lowest was 14.50. And the median was 20.33.


Rogers Communications E10 Historical Data

The historical data trend for Rogers Communications'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.

Rogers Communications E10 Chart

Rogers Communications 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 2.22 2.10 2.34 2.34 2.33

Rogers Communications 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 2.51 2.47 2.41 2.33 2.34

Competitive Comparison of Rogers Communications's E10

For the Telecom Services subindustry, Rogers Communications'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.


Rogers Communications's Shiller PE Ratio Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Rogers Communications's Shiller PE Ratio falls into.



Rogers Communications 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, Rogers Communications'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)
=0.313/126.2576*126.2576
=0.313

Current CPI (Mar. 2024) = 126.2576.

Rogers Communications Quarterly Data

per share eps CPI Adj_EPS
201406 0.516 99.473 0.655
201409 0.451 99.394 0.573
201412 0.401 98.367 0.515
201503 0.351 99.789 0.444
201506 0.504 100.500 0.633
201509 0.604 100.421 0.759
201512 0.388 99.947 0.490
201603 0.299 101.054 0.374
201606 0.525 102.002 0.650
201609 0.292 101.765 0.362
201612 -0.014 101.449 -0.017
201703 0.419 102.634 0.515
201706 0.683 103.029 0.837
201709 0.670 103.345 0.819
201712 0.642 103.345 0.784
201803 0.502 105.004 0.604
201806 0.678 105.557 0.811
201809 0.756 105.636 0.904
201812 0.635 105.399 0.761
201903 0.503 106.979 0.594
201906 0.766 107.690 0.898
201909 0.782 107.611 0.918
201912 0.629 107.769 0.737
202003 0.441 107.927 0.516
202006 0.354 108.401 0.412
202009 0.648 108.164 0.756
202012 0.571 108.559 0.664
202103 0.468 110.298 0.536
202106 0.408 111.720 0.461
202109 0.631 112.905 0.706
202112 0.553 113.774 0.614
202203 0.559 117.646 0.600
202206 0.562 120.806 0.587
202209 0.538 120.648 0.563
202212 0.695 120.964 0.725
202303 0.683 122.702 0.703
202306 0.139 124.203 0.141
202309 -0.138 125.230 -0.139
202312 0.424 125.072 0.428
202403 0.313 126.258 0.313

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


Rogers Communications  (FRA:RCIB) 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.

Rogers Communications's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=36.20/2.34
=15.47

* 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 Rogers Communications was 29.56. The lowest was 14.50. And the median was 20.33.


Be Aware

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


Rogers Communications E10 Related Terms

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


Rogers Communications (FRA:RCIB) Business Description

Traded in Other Exchanges
Address
333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 40% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.

Rogers Communications (FRA:RCIB) Headlines

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