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Federal Grid Company Rosseti PJSC (MIC:FEES) E10 : ₽0.02 (As of Jun. 2023)


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What is Federal Grid Company Rosseti PJSC 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.

Federal Grid Company Rosseti PJSC's adjusted earnings per share data for the fiscal year that ended in Dec. 2020 was ₽0.047. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₽0.02 for the trailing ten years ended in Dec. 2020.

During the past 12 months, Federal Grid Company Rosseti PJSC'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.

As of today (2024-05-24), Federal Grid Company Rosseti PJSC's current stock price is ₽ 0.11868. Federal Grid Company Rosseti PJSC's E10 for the fiscal year that ended in Dec. 2020 was ₽0.02. Federal Grid Company Rosseti PJSC's Shiller PE Ratio of today is 5.93.

During the past 13 years, the highest Shiller PE Ratio of Federal Grid Company Rosseti PJSC was 24.32. The lowest was 8.02. And the median was 13.04.


Federal Grid Company Rosseti PJSC E10 Historical Data

The historical data trend for Federal Grid Company Rosseti PJSC'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.

Federal Grid Company Rosseti PJSC E10 Chart

Federal Grid Company Rosseti PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.02 - 0.01 0.02

Federal Grid Company Rosseti PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun23
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 0.02 - - - -

Competitive Comparison of Federal Grid Company Rosseti PJSC's E10

For the Utilities - Regulated Electric subindustry, Federal Grid Company Rosseti PJSC'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.


Federal Grid Company Rosseti PJSC's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Federal Grid Company Rosseti PJSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Federal Grid Company Rosseti PJSC's Shiller PE Ratio falls into.



Federal Grid Company Rosseti PJSC 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, Federal Grid Company Rosseti PJSC's adjusted earnings per share data for the fiscal year that ended in Dec. 2020 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.047/191.1000*191.1000
=0.047

Current CPI (Dec. 2020) = 191.1000.

Federal Grid Company Rosseti PJSC Annual Data

per_share_eps CPI Adj_EPS
201112 0.040 110.000 0.069
201212 0.006 117.300 0.010
201312 -0.186 124.900 -0.285
201412 -0.017 139.000 -0.023
201512 0.036 157.000 0.044
201612 0.054 165.400 0.062
201712 0.070 169.600 0.079
201812 0.074 176.800 0.080
201912 0.069 182.200 0.072
202012 0.047 191.100 0.047

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


Federal Grid Company Rosseti PJSC  (MIC:FEES) 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.

Federal Grid Company Rosseti PJSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.11868/0.02
=5.93

* 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 Federal Grid Company Rosseti PJSC was 24.32. The lowest was 8.02. And the median was 13.04.


Be Aware

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


Federal Grid Company Rosseti PJSC E10 Related Terms

Thank you for viewing the detailed overview of Federal Grid Company Rosseti PJSC's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Federal Grid Company Rosseti PJSC (MIC:FEES) Business Description

Traded in Other Exchanges
N/A
Address
5A, Akademika Chelomeya Street, Moscow, RUS, 117630
Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.

Federal Grid Company Rosseti PJSC (MIC:FEES) Headlines

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