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Erbud (WAR:ERB) E10 : zł1.88 (As of Mar. 2024)


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What is Erbud 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.

Erbud's adjusted earnings per share data for the three months ended in Mar. 2024 was zł0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł1.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Erbud's average E10 Growth Rate was 2.70% per year. During the past 3 years, the average E10 Growth Rate was 13.10% per year. During the past 5 years, the average E10 Growth Rate was 14.70% 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 Erbud was 22.40% per year. The lowest was 13.10% per year. And the median was 16.10% per year.

As of today (2024-05-28), Erbud's current stock price is zł41.00. Erbud's E10 for the quarter that ended in Mar. 2024 was zł1.88. Erbud's Shiller PE Ratio of today is 21.81.

During the past 13 years, the highest Shiller PE Ratio of Erbud was 59.71. The lowest was 9.26. And the median was 19.57.


Erbud E10 Historical Data

The historical data trend for Erbud'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.

Erbud E10 Chart

Erbud 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 1.01 1.28 1.69 1.85 1.85

Erbud 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 1.83 1.84 2.31 1.85 1.88

Competitive Comparison of Erbud's E10

For the Engineering & Construction subindustry, Erbud'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.


Erbud's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Erbud's Shiller PE Ratio distribution charts can be found below:

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



Erbud 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, Erbud'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)
=0.23/149.0435*149.0435
=0.230

Current CPI (Mar. 2024) = 149.0435.

Erbud Quarterly Data

per share eps CPI Adj_EPS
201406 0.552 101.180 0.813
201409 0.550 100.611 0.815
201412 0.890 100.122 1.325
201503 0.407 100.041 0.606
201506 0.790 100.448 1.172
201509 0.850 99.634 1.272
201512 0.420 99.471 0.629
201603 0.560 98.983 0.843
201606 -1.280 99.552 -1.916
201609 0.570 99.064 0.858
201612 0.150 100.366 0.223
201703 0.010 101.018 0.015
201706 0.540 101.180 0.795
201709 0.620 101.343 0.912
201712 0.601 102.564 0.873
201803 0.360 102.564 0.523
201806 -2.690 103.378 -3.878
201809 0.376 103.378 0.542
201812 0.252 103.785 0.362
201903 0.140 104.274 0.200
201906 1.120 105.983 1.575
201909 0.907 105.983 1.276
201912 0.598 107.123 0.832
202003 -0.041 109.076 -0.056
202006 0.912 109.402 1.242
202009 1.746 109.320 2.380
202012 1.031 109.565 1.402
202103 -0.580 112.658 -0.767
202106 1.698 113.960 2.221
202109 -1.591 115.588 -2.051
202112 1.514 119.088 1.895
202203 0.010 125.031 0.012
202206 -0.173 131.705 -0.196
202209 0.245 135.531 0.269
202212 0.600 139.113 0.643
202303 -1.120 145.950 -1.144
202306 0.291 147.009 0.295
202309 5.668 146.113 5.782
202312 -4.000 147.741 -4.035
202403 0.230 149.044 0.230

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


Erbud  (WAR:ERB) 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.

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

Shiller PE Ratio=Share Price/E10
=41.00/1.88
=21.81

* 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 Erbud was 59.71. The lowest was 9.26. And the median was 19.57.


Be Aware

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


Erbud E10 Related Terms

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


Erbud (WAR:ERB) Business Description

Traded in Other Exchanges
Address
Ul. Franciszka Klimczaka 1, Warszawa, POL, 02-797
Erbud SA is a Poland-based construction company. It undertakes projects for the construction of offices, shopping centers, power industries, industrial buildings and structures, residential buildings, public utilities, hotels, and hospitals. The organization is active in the business divisions of Construction activities, which relate to building construction; Development activities; Road engineering activities; and Construction activities related to engineering and maintenance services for the industry and power sector. The group operates in Poland and internationally. It derives maximum revenue from building construction activities.