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Braskem (Braskem) E10 : $0.76 (As of Dec. 2023)


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What is Braskem 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.

Braskem's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.807. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.76 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Braskem's average E10 Growth Rate was -22.60% per year. During the past 3 years, the average E10 Growth Rate was 122.80% per year. During the past 5 years, the average E10 Growth Rate was 13.50% per year. During the past 10 years, the average E10 Growth Rate was 7.50% 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 Braskem was 122.80% per year. The lowest was -82.30% per year. And the median was 13.20% per year.

As of today (2024-04-27), Braskem's current stock price is $8.94. Braskem's E10 for the quarter that ended in Dec. 2023 was $0.76. Braskem's Shiller PE Ratio of today is 11.76.

During the past 13 years, the highest Shiller PE Ratio of Braskem was 203.29. The lowest was 0.23. And the median was 29.35.


Braskem E10 Historical Data

The historical data trend for Braskem'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.

Braskem E10 Chart

Braskem 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 0.66 0.06 0.81 0.88 0.76

Braskem 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 0.88 0.94 1.00 0.77 0.76

Competitive Comparison of Braskem's E10

For the Chemicals subindustry, Braskem'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.


Braskem's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Braskem's Shiller PE Ratio distribution charts can be found below:

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



Braskem 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, Braskem'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)
=-0.807/156.2729*156.2729
=-0.807

Current CPI (Dec. 2023) = 156.2729.

Braskem Quarterly Data

per share eps CPI Adj_EPS
201403 0.438 90.447 0.757
201406 0.144 91.838 0.245
201409 0.289 92.602 0.488
201412 0.257 94.194 0.426
201503 0.204 97.799 0.326
201506 0.885 100.006 1.383
201509 0.950 101.392 1.464
201512 0.144 104.247 0.216
201603 0.560 106.979 0.818
201606 0.299 108.851 0.429
201609 0.687 109.986 0.976
201612 -1.897 110.802 -2.675
201703 1.453 111.869 2.030
201706 0.831 112.115 1.158
201709 0.641 112.777 0.888
201712 0.129 114.068 0.177
201803 0.808 114.868 1.099
201806 0.365 117.038 0.487
201809 0.822 117.881 1.090
201812 -0.052 118.340 -0.069
201903 0.607 120.124 0.790
201906 0.055 120.977 0.071
201909 -0.542 121.292 -0.698
201912 -1.632 123.436 -2.066
202003 -1.877 124.092 -2.364
202006 -1.199 123.557 -1.516
202009 -0.658 125.095 -0.822
202012 0.413 129.012 0.500
202103 1.112 131.660 1.320
202106 3.710 133.871 4.331
202109 1.683 137.913 1.907
202112 0.235 141.992 0.259
202203 1.961 146.537 2.091
202206 -0.700 149.784 -0.730
202209 -0.528 147.800 -0.558
202212 -0.819 150.207 -0.852
202303 0.089 153.352 0.091
202306 -0.399 154.519 -0.404
202309 -1.229 155.464 -1.235
202312 -0.807 156.273 -0.807

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


Braskem  (NYSE:BAK) 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.

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

Shiller PE Ratio=Share Price/E10
=8.94/0.76
=11.76

* 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 Braskem was 203.29. The lowest was 0.23. And the median was 29.35.


Be Aware

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


Braskem E10 Related Terms

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


Braskem (Braskem) Business Description

Address
Rua Lemos Monteiro, 120 - 24 Andar, Butanta, SP, BRA, CEP 05501-050
Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others.