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Erato Energy (WAR:ERA) E10 : zł0.14 (As of Mar. 2024)


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What is Erato Energy 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.

Erato Energy's adjusted earnings per share data for the three months ended in Mar. 2024 was zł-0.011. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Erato Energy's average E10 Growth Rate was 40.00% 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.

As of today (2024-06-09), Erato Energy's current stock price is zł0.16. Erato Energy's E10 for the quarter that ended in Mar. 2024 was zł0.14. Erato Energy's Shiller PE Ratio of today is 1.14.

During the past 13 years, the highest Shiller PE Ratio of Erato Energy was 5.54. The lowest was 1.04. And the median was 2.41.


Erato Energy E10 Historical Data

The historical data trend for Erato Energy'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.

Erato Energy E10 Chart

Erato Energy 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 - - - 0.10 0.14

Erato Energy 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 0.10 0.12 0.12 0.14 0.14

Competitive Comparison of Erato Energy's E10

For the Solar subindustry, Erato Energy'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.


Erato Energy's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Erato Energy's Shiller PE Ratio distribution charts can be found below:

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



Erato Energy 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, Erato Energy'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)
=-0.011/149.0435*149.0435
=-0.011

Current CPI (Mar. 2024) = 149.0435.

Erato Energy Quarterly Data

per share eps CPI Adj_EPS
201406 0.003 101.180 0.004
201409 -0.029 100.611 -0.043
201412 0.058 100.122 0.086
201503 0.004 100.041 0.006
201506 -0.018 100.448 -0.027
201509 -0.008 99.634 -0.012
201512 0.968 99.471 1.450
201603 -0.008 98.983 -0.012
201606 0.397 99.552 0.594
201609 -0.014 99.064 -0.021
201612 0.174 100.366 0.258
201703 0.022 101.018 0.032
201706 0.045 101.180 0.066
201709 -0.139 101.343 -0.204
201712 -0.183 102.564 -0.266
201803 -0.012 102.564 -0.017
201806 -0.104 103.378 -0.150
201809 -0.066 103.378 -0.095
201812 -0.058 103.785 -0.083
201903 0.009 104.274 0.013
201906 -0.029 105.983 -0.041
201909 -0.008 105.983 -0.011
201912 -0.073 107.123 -0.102
202003 0.002 109.076 0.003
202006 0.034 109.402 0.046
202009 -0.017 109.320 -0.023
202012 0.014 109.565 0.019
202103 0.006 112.658 0.008
202106 0.008 113.960 0.010
202109 0.001 115.588 0.001
202112 -0.015 119.088 -0.019
202203 0.014 125.031 0.017
202206 -0.007 131.705 -0.008
202209 -0.005 135.531 -0.005
202212 -0.024 139.113 -0.026
202303 -0.007 145.950 -0.007
202306 -0.001 147.009 -0.001
202309 -0.004 146.113 -0.004
202312 0.009 147.741 0.009
202403 -0.011 149.044 -0.011

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


Erato Energy  (WAR:ERA) 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.

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

Shiller PE Ratio=Share Price/E10
=0.16/0.14
=1.14

* 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 Erato Energy was 5.54. The lowest was 1.04. And the median was 2.41.


Be Aware

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


Erato Energy E10 Related Terms

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


Erato Energy (WAR:ERA) Business Description

Traded in Other Exchanges
N/A
Address
Szeligowska 42, Warszawa, POL, 01-320
Erato Energy SA is engaged in tailored photovoltaic installations. It deals with photovoltaics which includes the assembly of sets of devices that produce electricity from solar energy. The elements of the photovoltaic set include Photovoltaic panels, Inverter, Wiring & security.

Erato Energy (WAR:ERA) Headlines

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