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Itera ASA (OSL:ITERA) E10 : kr0.48 (As of Mar. 2024)


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What is Itera ASA 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.

Itera ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr0.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Itera ASA's average E10 Growth Rate was 9.10% per year. During the past 3 years, the average E10 Growth Rate was 21.80% per year. During the past 5 years, the average E10 Growth Rate was 14.40% 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 Itera ASA was 23.10% per year. The lowest was 5.60% per year. And the median was 21.80% per year.

As of today (2024-05-15), Itera ASA's current stock price is kr11.65. Itera ASA's E10 for the quarter that ended in Mar. 2024 was kr0.48. Itera ASA's Shiller PE Ratio of today is 24.27.

During the past 13 years, the highest Shiller PE Ratio of Itera ASA was 82.50. The lowest was 24.15. And the median was 37.14.


Itera ASA E10 Historical Data

The historical data trend for Itera ASA'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.

Itera ASA E10 Chart

Itera ASA 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 0.22 0.26 0.33 0.41 0.47

Itera ASA 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 0.44 0.46 0.46 0.47 0.48

Competitive Comparison of Itera ASA's E10

For the Information Technology Services subindustry, Itera ASA'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.


Itera ASA's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Itera ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Itera ASA's Shiller PE Ratio falls into.



Itera ASA 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, Itera ASA'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)
=0.17/131.9000*131.9000
=0.170

Current CPI (Mar. 2024) = 131.9000.

Itera ASA Quarterly Data

per share eps CPI Adj_EPS
201406 0.010 97.500 0.014
201409 0.020 98.500 0.027
201412 -0.110 98.600 -0.147
201503 0.001 99.200 0.001
201506 0.030 100.100 0.040
201509 0.050 100.600 0.066
201512 0.070 100.900 0.092
201603 0.030 102.500 0.039
201606 0.090 103.800 0.114
201609 0.050 104.200 0.063
201612 0.130 104.400 0.164
201703 0.100 105.000 0.126
201706 0.070 105.800 0.087
201709 0.050 105.900 0.062
201712 0.130 106.100 0.162
201803 0.080 107.300 0.098
201806 0.080 108.500 0.097
201809 0.060 109.500 0.072
201812 0.160 109.800 0.192
201903 0.120 110.400 0.143
201906 0.120 110.600 0.143
201909 0.090 111.100 0.107
201912 0.170 111.300 0.201
202003 0.200 111.200 0.237
202006 0.140 112.100 0.165
202009 0.130 112.900 0.152
202012 0.120 112.900 0.140
202103 0.210 114.600 0.242
202106 0.210 115.300 0.240
202109 0.140 117.500 0.157
202112 -0.010 118.900 -0.011
202203 0.250 119.800 0.275
202206 0.200 122.600 0.215
202209 0.100 125.600 0.105
202212 0.080 125.900 0.084
202303 0.300 127.600 0.310
202306 0.180 130.400 0.182
202309 0.070 129.800 0.071
202312 0.140 131.900 0.140
202403 0.170 131.900 0.170

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


Itera ASA  (OSL:ITERA) 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.

Itera ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.65/0.48
=24.27

* 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 Itera ASA was 82.50. The lowest was 24.15. And the median was 37.14.


Be Aware

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


Itera ASA E10 Related Terms

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


Itera ASA (OSL:ITERA) Business Description

Traded in Other Exchanges
Address
Nydalsveien 28, P.O. Box 4814, Nydalen, Oslo, NOR, 0422
Itera ASA is a communication and technology company which designs, develops, and operates digital solutions for companies and organization. The company, through its subsidiaries, is engaged in providing advisory services and solutions to the banking and finance sector, and it also provides products and services for the HR, quality and management areas. Its geographical segment comprises Norway, Sweden, Denmark, Slovakia, and Ukraine. The company derives a majority of revenue from Norway.

Itera ASA (OSL:ITERA) Headlines

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