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GRAVITY Co (GRAVITY Co) E10 : $4.85 (As of Dec. 2023)


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What is GRAVITY Co 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.

GRAVITY Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.85 for the trailing ten years ended in Dec. 2023.

During the past 12 months, GRAVITY Co's average E10 Growth Rate was -100.00% 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 GRAVITY Co was 97.20% per year. The lowest was 22.10% per year. And the median was 75.10% per year.

As of today (2024-04-30), GRAVITY Co's current stock price is $66.00. GRAVITY Co's E10 for the quarter that ended in Dec. 2023 was $4.85. GRAVITY Co's Shiller PE Ratio of today is 13.61.

During the past 13 years, the highest Shiller PE Ratio of GRAVITY Co was 541.18. The lowest was 6.33. And the median was 49.00.


GRAVITY Co E10 Historical Data

The historical data trend for GRAVITY Co'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.

GRAVITY Co E10 Chart

GRAVITY Co 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 0.39 1.11 1.77 2.99 4.85

GRAVITY Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.99 3.45 3.99 4.40 4.85

Competitive Comparison of GRAVITY Co's E10

For the Electronic Gaming & Multimedia subindustry, GRAVITY Co'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.


GRAVITY Co's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GRAVITY Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where GRAVITY Co's Shiller PE Ratio falls into.



GRAVITY Co 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, GRAVITY Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.38/118.8477*118.8477
=2.380

Current CPI (Dec. 2023) = 118.8477.

GRAVITY Co Quarterly Data

per share eps CPI Adj_EPS
201403 -0.399 99.253 -0.478
201406 -0.428 99.353 -0.512
201409 -0.422 99.608 -0.504
201412 -1.549 99.098 -1.858
201503 -0.340 99.720 -0.405
201506 -0.358 100.050 -0.425
201509 -0.299 100.110 -0.355
201512 -1.121 100.220 -1.329
201603 -0.207 100.560 -0.245
201606 -0.198 100.790 -0.233
201609 0.401 101.460 0.470
201612 0.057 101.560 0.067
201703 0.275 102.850 0.318
201706 0.453 102.610 0.525
201709 0.343 103.490 0.394
201712 0.651 102.990 0.751
201803 0.478 104.100 0.546
201806 0.870 104.130 0.993
201809 0.811 105.650 0.912
201812 1.919 104.350 2.186
201903 2.513 104.490 2.858
201906 1.332 104.880 1.509
201909 1.079 105.200 1.219
201912 0.037 105.120 0.042
202003 1.094 105.540 1.232
202006 1.561 104.870 1.769
202009 3.091 106.200 3.459
202012 1.982 105.765 2.227
202103 3.000 107.357 3.321
202106 1.893 107.579 2.091
202109 3.233 108.759 3.533
202112 0.154 109.676 0.167
202203 1.937 111.806 2.059
202206 1.967 114.083 2.049
202209 1.656 114.831 1.714
202212 3.693 115.200 3.810
202303 4.018 116.550 4.097
202306 4.994 117.140 5.067
202309 3.124 119.111 3.117
202312 2.380 118.848 2.380

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


GRAVITY Co  (NAS:GRVY) 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.

GRAVITY Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=66.00/4.85
=13.61

* 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 GRAVITY Co was 541.18. The lowest was 6.33. And the median was 49.00.


Be Aware

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


GRAVITY Co E10 Related Terms

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


GRAVITY Co (GRAVITY Co) Business Description

Traded in Other Exchanges
Address
15th Floor, 396 World Cup buk-ro, Mapo-gu, Seoul, KOR, 03925
GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. Its principal product, Ragnarok Online, is an online game which is available in more than 91 markets. Its games include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation.