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Etteplan Oyj (OHEL:ETTE) E10 : €0.65 (As of Mar. 2024)


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What is Etteplan 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.

Etteplan Oyj's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Etteplan Oyj's average E10 Growth Rate was 8.30% per year. During the past 3 years, the average E10 Growth Rate was 15.10% per year. During the past 5 years, the average E10 Growth Rate was 21.40% 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 Etteplan Oyj was 30.60% per year. The lowest was 10.70% per year. And the median was 15.30% per year.

As of today (2024-05-29), Etteplan Oyj's current stock price is €13.90. Etteplan Oyj's E10 for the quarter that ended in Mar. 2024 was €0.65. Etteplan Oyj's Shiller PE Ratio of today is 21.38.

During the past 13 years, the highest Shiller PE Ratio of Etteplan Oyj was 42.11. The lowest was 17.26. And the median was 28.16.


Etteplan Oyj E10 Historical Data

The historical data trend for Etteplan 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.

Etteplan Oyj E10 Chart

Etteplan 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 0.37 0.42 0.49 0.57 0.64

Etteplan 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 0.60 0.61 0.62 0.64 0.65

Competitive Comparison of Etteplan Oyj's E10

For the Engineering & Construction subindustry, Etteplan 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.


Etteplan Oyj's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Etteplan Oyj's Shiller PE Ratio distribution charts can be found below:

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



Etteplan 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, Etteplan 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)
=0.16/122.3600*122.3600
=0.160

Current CPI (Mar. 2024) = 122.3600.

Etteplan Oyj Quarterly Data

per share eps CPI Adj_EPS
201406 0.086 100.147 0.105
201409 0.057 100.726 0.069
201412 0.105 100.229 0.128
201503 0.067 100.120 0.082
201506 0.080 100.030 0.098
201509 0.060 100.130 0.073
201512 0.080 99.990 0.098
201603 0.070 100.080 0.086
201606 0.080 100.390 0.098
201609 0.050 100.540 0.061
201612 0.130 101.020 0.157
201703 0.120 100.910 0.146
201706 0.120 101.140 0.145
201709 0.080 101.320 0.097
201712 0.140 101.510 0.169
201803 0.130 101.730 0.156
201806 0.180 102.320 0.215
201809 0.130 102.600 0.155
201812 0.180 102.710 0.214
201903 0.170 102.870 0.202
201906 0.180 103.360 0.213
201909 0.190 103.540 0.225
201912 0.160 103.650 0.189
202003 0.170 103.490 0.201
202006 0.160 103.320 0.189
202009 0.130 103.710 0.153
202012 0.230 103.890 0.271
202103 0.210 104.870 0.245
202106 0.200 105.360 0.232
202109 0.140 106.290 0.161
202112 0.250 107.490 0.285
202203 0.230 110.950 0.254
202206 0.220 113.570 0.237
202209 -0.030 114.920 -0.032
202212 0.300 117.320 0.313
202303 0.170 119.750 0.174
202306 0.150 120.690 0.152
202309 0.100 121.280 0.101
202312 0.230 121.540 0.232
202403 0.160 122.360 0.160

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


Etteplan Oyj  (OHEL:ETTE) 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.

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

Shiller PE Ratio=Share Price/E10
=13.90/0.65
=21.38

* 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 Etteplan Oyj was 42.11. The lowest was 17.26. And the median was 28.16.


Be Aware

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


Etteplan Oyj E10 Related Terms

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


Etteplan Oyj (OHEL:ETTE) Business Description

Traded in Other Exchanges
Address
Tekniikantie 4 D, Espoo, FIN, 02150
Etteplan Oyj is engaged in providing engineering services. The company's operating segment includes Engineering Solutions; Software and Embedded Solutions and Technical Documentation Solutions. It generates maximum revenue from the Engineering Solutions segment. The company serves Aerospace and Defense; Consumer Products; Energy and Power Transmission; Automotive and Transportation; Forest, Pulp and Paper; Industrial Machinery and Components; Lifting and Hoisting; Medical Technology; Metal; Mining and Materials Handling; Offshore and Marine and other industries. Geographically, it derives a majority of revenue from Finland and also has a presence in Scandinavia; China and Central Europe.

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