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Asseco Business Solutions (WAR:ABS) E10 : zł2.49 (As of Mar. 2024)


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What is Asseco Business Solutions 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.

Asseco Business Solutions's adjusted earnings per share data for the three months ended in Mar. 2024 was zł0.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł2.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asseco Business Solutions's average E10 Growth Rate was 9.70% per year. During the past 3 years, the average E10 Growth Rate was 19.30% per year. During the past 5 years, the average E10 Growth Rate was 17.50% 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 Asseco Business Solutions was 19.30% per year. The lowest was 15.40% per year. And the median was 18.50% per year.

As of today (2024-05-26), Asseco Business Solutions's current stock price is zł59.00. Asseco Business Solutions's E10 for the quarter that ended in Mar. 2024 was zł2.49. Asseco Business Solutions's Shiller PE Ratio of today is 23.69.

During the past 13 years, the highest Shiller PE Ratio of Asseco Business Solutions was 28.59. The lowest was 13.94. And the median was 23.21.


Asseco Business Solutions E10 Historical Data

The historical data trend for Asseco Business Solutions'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.

Asseco Business Solutions E10 Chart

Asseco Business Solutions 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 1.28 1.43 1.69 2.13 2.43

Asseco Business Solutions 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 2.27 2.32 2.36 2.43 2.49

Competitive Comparison of Asseco Business Solutions's E10

For the Software - Application subindustry, Asseco Business Solutions'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.


Asseco Business Solutions's Shiller PE Ratio Distribution in the Software Industry

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

* The bar in red indicates where Asseco Business Solutions's Shiller PE Ratio falls into.



Asseco Business Solutions 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, Asseco Business Solutions'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)
=0.72/149.0435*149.0435
=0.720

Current CPI (Mar. 2024) = 149.0435.

Asseco Business Solutions Quarterly Data

per share eps CPI Adj_EPS
201406 0.160 101.180 0.236
201409 0.180 100.611 0.267
201412 0.280 100.122 0.417
201503 0.240 100.041 0.358
201506 0.200 100.448 0.297
201509 0.240 99.634 0.359
201512 0.310 99.471 0.464
201603 0.310 98.983 0.467
201606 0.270 99.552 0.404
201609 0.330 99.064 0.496
201612 0.360 100.366 0.535
201703 0.400 101.018 0.590
201706 0.290 101.180 0.427
201709 0.310 101.343 0.456
201712 0.500 102.564 0.727
201803 0.440 102.564 0.639
201806 0.430 103.378 0.620
201809 0.430 103.378 0.620
201812 0.570 103.785 0.819
201903 0.460 104.274 0.658
201906 0.420 105.983 0.591
201909 0.470 105.983 0.661
201912 0.850 107.123 1.183
202003 0.460 109.076 0.629
202006 0.470 109.402 0.640
202009 0.470 109.320 0.641
202012 0.880 109.565 1.197
202103 0.490 112.658 0.648
202106 0.500 113.960 0.654
202109 0.560 115.588 0.722
202112 0.860 119.088 1.076
202203 0.530 125.031 0.632
202206 0.510 131.705 0.577
202209 0.640 135.531 0.704
202212 0.870 139.113 0.932
202303 0.610 145.950 0.623
202306 0.580 147.009 0.588
202309 0.770 146.113 0.785
202312 0.880 147.741 0.888
202403 0.720 149.044 0.720

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


Asseco Business Solutions  (WAR:ABS) 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.

Asseco Business Solutions's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=59.00/2.49
=23.69

* 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 Asseco Business Solutions was 28.59. The lowest was 13.94. And the median was 23.21.


Be Aware

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


Asseco Business Solutions E10 Related Terms

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


Asseco Business Solutions (WAR:ABS) Business Description

Traded in Other Exchanges
Address
ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.

Asseco Business Solutions (WAR:ABS) Headlines

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