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Develia (WAR:DVL) E10 : zł0.37 (As of Mar. 2024)


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What is Develia 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.

Develia's adjusted earnings per share data for the three months ended in Mar. 2024 was zł0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Develia's average E10 Growth Rate was 15.60% per year. During the past 3 years, the average E10 Growth Rate was 23.70% 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 Develia was 23.70% per year. The lowest was 1.80% per year. And the median was 9.15% per year.

As of today (2024-06-05), Develia's current stock price is zł6.31. Develia's E10 for the quarter that ended in Mar. 2024 was zł0.37. Develia's Shiller PE Ratio of today is 17.05.

During the past 13 years, the highest Shiller PE Ratio of Develia was 19.25. The lowest was 6.92. And the median was 13.33.


Develia E10 Historical Data

The historical data trend for Develia'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.

Develia E10 Chart

Develia 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 0.23 0.19 0.22 0.30 0.36

Develia 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 0.32 0.32 0.32 0.36 0.37

Competitive Comparison of Develia's E10

For the Real Estate - Development subindustry, Develia'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.


Develia's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Develia's Shiller PE Ratio distribution charts can be found below:

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



Develia 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, Develia'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)
=0.19/149.0435*149.0435
=0.190

Current CPI (Mar. 2024) = 149.0435.

Develia Quarterly Data

per share eps CPI Adj_EPS
201406 0.031 101.180 0.046
201409 0.026 100.611 0.039
201412 0.080 100.122 0.119
201503 0.050 100.041 0.074
201506 0.040 100.448 0.059
201509 0.057 99.634 0.085
201512 0.090 99.471 0.135
201603 0.040 98.983 0.060
201606 0.170 99.552 0.255
201609 -0.020 99.064 -0.030
201612 0.060 100.366 0.089
201703 0.020 101.018 0.030
201706 0.080 101.180 0.118
201709 0.120 101.343 0.176
201712 -0.040 102.564 -0.058
201803 0.180 102.564 0.262
201806 0.150 103.378 0.216
201809 -0.010 103.378 -0.014
201812 0.040 103.785 0.057
201903 0.360 104.274 0.515
201906 0.037 105.983 0.052
201909 0.070 105.983 0.098
201912 -0.090 107.123 -0.125
202003 0.150 109.076 0.205
202006 -0.130 109.402 -0.177
202009 0.030 109.320 0.041
202012 -0.360 109.565 -0.490
202103 0.080 112.658 0.106
202106 0.040 113.960 0.052
202109 0.070 115.588 0.090
202112 0.150 119.088 0.188
202203 0.030 125.031 0.036
202206 0.000 131.705 0.000
202209 0.070 135.531 0.077
202212 0.410 139.113 0.439
202303 0.130 145.950 0.133
202306 0.050 147.009 0.051
202309 0.100 146.113 0.102
202312 0.340 147.741 0.343
202403 0.190 149.044 0.190

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


Develia  (WAR:DVL) 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.

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

Shiller PE Ratio=Share Price/E10
=6.31/0.37
=17.05

* 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 Develia was 19.25. The lowest was 6.92. And the median was 13.33.


Be Aware

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


Develia E10 Related Terms

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


Develia (WAR:DVL) Business Description

Traded in Other Exchanges
Address
ul. Powstancow Slaskich 2-4, Wroclaw, POL, 53-333
Develia SA is a Poland based real estate developer. The company executes commercial and residential investment projects. It is engaged in activities, consisting of the purchasing of real estate and the development of residential, office, commercial or retail projects, and the sale or lease of premises. Its properties are built in Polish cities including Warsaw, Wroclaw, Krakow, Katowice, Gdansk, and Lodz.

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