GURUFOCUS.COM » STOCK LIST » Technology » Software » Sapiens International Corp NV (NAS:SPNS) » Definitions » E10

Sapiens International NV (Sapiens International NV) E10 : $0.67 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Sapiens International NV 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.

Sapiens International NV's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sapiens International NV's average E10 Growth Rate was 17.50% per year. During the past 3 years, the average E10 Growth Rate was 19.80% per year. During the past 5 years, the average E10 Growth Rate was 16.80% 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 Sapiens International NV was 196.20% per year. The lowest was -10.80% per year. And the median was 18.80% per year.

As of today (2024-04-28), Sapiens International NV's current stock price is $31.30. Sapiens International NV's E10 for the quarter that ended in Dec. 2023 was $0.67. Sapiens International NV's Shiller PE Ratio of today is 46.72.

During the past 13 years, the highest Shiller PE Ratio of Sapiens International NV was 833.00. The lowest was 29.50. And the median was 56.82.


Sapiens International NV E10 Historical Data

The historical data trend for Sapiens International NV'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.

Sapiens International NV E10 Chart

Sapiens International NV 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 0.36 0.39 0.48 0.57 0.67

Sapiens International NV 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 0.57 0.60 0.63 0.65 0.67

Competitive Comparison of Sapiens International NV's E10

For the Software - Application subindustry, Sapiens International NV'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.


Sapiens International NV's Shiller PE Ratio Distribution in the Software Industry

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

* The bar in red indicates where Sapiens International NV's Shiller PE Ratio falls into.



Sapiens International NV 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, Sapiens International NV'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)
=0.3/129.4194*129.4194
=0.300

Current CPI (Dec. 2023) = 129.4194.

Sapiens International NV Quarterly Data

per share eps CPI Adj_EPS
201403 0.060 99.695 0.078
201406 0.060 100.560 0.077
201409 0.080 100.428 0.103
201412 0.090 99.070 0.118
201503 0.100 99.621 0.130
201506 0.100 100.684 0.129
201509 0.090 100.392 0.116
201512 0.120 99.792 0.156
201603 0.100 100.470 0.129
201606 0.110 101.688 0.140
201609 0.110 101.861 0.140
201612 0.080 101.863 0.102
201703 0.020 102.862 0.025
201706 -0.070 103.349 -0.088
201709 0.130 104.136 0.162
201712 0.070 104.011 0.087
201803 0.130 105.290 0.160
201806 0.040 106.317 0.049
201809 0.150 106.507 0.182
201812 0.070 105.998 0.085
201903 0.170 107.251 0.205
201906 0.140 108.070 0.168
201909 0.150 108.329 0.179
201912 0.210 108.420 0.251
202003 0.130 108.902 0.154
202006 0.180 108.767 0.214
202009 0.180 109.815 0.212
202012 0.150 109.897 0.177
202103 0.180 111.754 0.208
202106 0.190 114.631 0.215
202109 0.240 115.734 0.268
202112 0.250 117.630 0.275
202203 0.250 121.301 0.267
202206 0.210 125.017 0.217
202209 0.240 125.227 0.248
202212 0.240 125.222 0.248
202303 0.260 127.348 0.264
202306 0.280 128.729 0.282
202309 0.280 129.860 0.279
202312 0.300 129.419 0.300

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


Sapiens International NV  (NAS:SPNS) 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.

Sapiens International NV's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=31.30/0.67
=46.72

* 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 Sapiens International NV was 833.00. The lowest was 29.50. And the median was 56.82.


Be Aware

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


Sapiens International NV E10 Related Terms

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


Sapiens International NV (Sapiens International NV) Business Description

Traded in Other Exchanges
Address
26 Harokmim Street, Azrieli Center, Holon, ISR, 5885800
Sapiens International Corp NV is a provider of software solutions for the insurance industry, with an emerging focus on the financial services sector. The company offers software, solutions and professional services for property & casualty (P&C); reinsurance; life, pension & annuity (L&A); workers' compensation (WC); medical professional liability (MPL); financial & compliance (F&C); and decision modelling for both insurance and financial markets. The group also provides services for project delivery and implementation services, for its Software Solutions portfolio. Geographically, it operates in the region of North America, United Kingdom, Israel, and other European countries and Rest of the World and derives the majority of its income from North American region.