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Schibsted ASA (Schibsted ASA) E10 : $2.04 (As of Dec. 2023)


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What is Schibsted 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.

Schibsted ASA's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.925. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Schibsted ASA's average E10 Growth Rate was 49.90% per year. During the past 3 years, the average E10 Growth Rate was 62.50% per year. During the past 5 years, the average E10 Growth Rate was 26.10% 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 Schibsted ASA was 62.50% per year. The lowest was -27.40% per year. And the median was 31.85% per year.

As of today (2024-04-27), Schibsted ASA's current stock price is $29.575. Schibsted ASA's E10 for the quarter that ended in Dec. 2023 was $2.04. Schibsted ASA's Shiller PE Ratio of today is 14.50.

During the past 13 years, the highest Shiller PE Ratio of Schibsted ASA was 90.55. The lowest was 9.32. And the median was 15.47.


Schibsted ASA E10 Historical Data

The historical data trend for Schibsted 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.

Schibsted ASA E10 Chart

Schibsted 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 0.82 0.51 3.51 1.39 2.04

Schibsted ASA 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 1.39 1.57 1.39 1.94 2.04

Competitive Comparison of Schibsted ASA's E10

For the Publishing subindustry, Schibsted 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.


Schibsted ASA's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Schibsted ASA's Shiller PE Ratio distribution charts can be found below:

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



Schibsted 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, Schibsted ASA'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)
=0.925/131.9000*131.9000
=0.925

Current CPI (Dec. 2023) = 131.9000.

Schibsted ASA Quarterly Data

per share eps CPI Adj_EPS
201403 -0.053 97.300 -0.072
201406 0.005 97.500 0.007
201409 0.033 98.500 0.044
201412 -0.126 98.600 -0.169
201503 0.385 99.200 0.512
201506 0.142 100.100 0.187
201509 0.443 100.600 0.581
201512 -0.241 100.900 -0.315
201603 0.028 102.500 0.036
201606 0.083 103.800 0.105
201609 0.094 104.200 0.119
201612 0.041 104.400 0.052
201703 0.015 105.000 0.019
201706 0.716 105.800 0.893
201709 0.299 105.900 0.372
201712 0.097 106.100 0.121
201803 0.085 107.300 0.104
201806 0.153 108.500 0.186
201809 0.209 109.500 0.252
201812 -0.104 109.800 -0.125
201903 0.146 110.400 0.174
201906 0.131 110.600 0.156
201909 0.137 111.100 0.163
201912 0.041 111.300 0.049
202003 -0.089 111.200 -0.106
202006 0.211 112.100 0.248
202009 0.052 112.900 0.061
202012 0.239 112.900 0.279
202103 -0.052 114.600 -0.060
202106 30.858 115.300 35.301
202109 0.193 117.500 0.217
202112 -9.454 118.900 -10.488
202203 -6.508 119.800 -7.165
202206 -2.819 122.600 -3.033
202209 -1.307 125.600 -1.373
202212 0.191 125.900 0.200
202303 0.886 127.600 0.916
202306 -0.796 130.400 -0.805
202309 5.934 129.800 6.030
202312 0.925 131.900 0.925

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


Schibsted ASA  (OTCPK:SBSNY) 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.

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

Shiller PE Ratio=Share Price/E10
=29.575/2.04
=14.50

* 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 Schibsted ASA was 90.55. The lowest was 9.32. And the median was 15.47.


Be Aware

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


Schibsted ASA E10 Related Terms

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


Schibsted ASA (Schibsted ASA) Business Description

Address
Akersgata 55, PO Box 490 Sentrum, Oslo, NOR, 0180
Schibsted ASA is a Norway-based multimedia group that owns and operates newspapers, online classified advertisement websites, publishing houses, and other multimedia services. The company's largest sources of revenue are its Norwegian and Swedish newspapers and tabloid magazines such as Verdens Gang, Aftenposten, and Aftonbladet. It also operates other regional magazines, classified websites, and local newspapers in over 25 different countries around Europe, Asia, Latin America, and Africa. Schibsted's largest newspaper operations outside of Scandinavia are based in Spain and France.

Schibsted ASA (Schibsted ASA) Headlines

From GuruFocus

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