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Bursa De Valori Bucuresti (BSE:BVB) E10 : lei1.61 (As of Mar. 2024)


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What is Bursa De Valori Bucuresti 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.

Bursa De Valori Bucuresti's adjusted earnings per share data for the three months ended in Mar. 2024 was lei0.365. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is lei1.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bursa De Valori Bucuresti's average E10 Growth Rate was 15.00% 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 (2024-06-23), Bursa De Valori Bucuresti's current stock price is lei64.40. Bursa De Valori Bucuresti's E10 for the quarter that ended in Mar. 2024 was lei1.61. Bursa De Valori Bucuresti's Shiller PE Ratio of today is 40.00.

During the past 11 years, the highest Shiller PE Ratio of Bursa De Valori Bucuresti was 47.34. The lowest was 31.93. And the median was 40.12.


Bursa De Valori Bucuresti E10 Historical Data

The historical data trend for Bursa De Valori Bucuresti'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.

Bursa De Valori Bucuresti E10 Chart

Bursa De Valori Bucuresti 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 - - - - 1.57

Bursa De Valori Bucuresti 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 1.40 1.39 1.59 1.57 1.61

Competitive Comparison of Bursa De Valori Bucuresti's E10

For the Financial Data & Stock Exchanges subindustry, Bursa De Valori Bucuresti'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.


Bursa De Valori Bucuresti's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bursa De Valori Bucuresti's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bursa De Valori Bucuresti's Shiller PE Ratio falls into.



Bursa De Valori Bucuresti 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, Bursa De Valori Bucuresti'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)
=0.365/131.7762*131.7762
=0.365

Current CPI (Mar. 2024) = 131.7762.

Bursa De Valori Bucuresti Quarterly Data

per share eps CPI Adj_EPS
201406 0.550 100.560 0.721
201409 0.481 100.428 0.631
201412 0.566 99.070 0.753
201503 0.242 99.621 0.320
201506 0.156 100.684 0.204
201509 0.128 100.392 0.168
201512 0.317 99.792 0.419
201603 0.012 100.470 0.016
201606 0.232 101.688 0.301
201609 0.327 101.861 0.423
201612 0.419 101.863 0.542
201703 0.362 102.862 0.464
201706 0.258 103.349 0.329
201709 0.280 104.136 0.354
201712 0.907 104.011 1.149
201803 0.494 105.290 0.618
201806 0.343 106.317 0.425
201809 0.141 106.507 0.174
201812 0.233 105.998 0.290
201903 0.325 107.251 0.399
201906 0.122 108.070 0.149
201909 0.337 108.329 0.410
201912 0.012 108.420 0.015
202003 0.506 108.902 0.612
202006 0.036 108.767 0.044
202009 0.444 109.815 0.533
202012 -0.106 109.897 -0.127
202103 0.267 111.754 0.315
202106 0.095 114.631 0.109
202109 0.192 115.734 0.219
202112 0.247 117.630 0.277
202203 0.644 121.301 0.700
202206 0.416 125.017 0.438
202209 0.231 125.227 0.243
202212 0.012 125.222 0.013
202303 0.227 127.348 0.235
202306 0.179 128.729 0.183
202309 2.131 129.860 2.162
202312 0.531 129.419 0.541
202403 0.365 131.776 0.365

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


Bursa De Valori Bucuresti  (BSE:BVB) 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.

Bursa De Valori Bucuresti's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=64.40/1.61
=40.00

* 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 11 years, the highest Shiller P/E Ratio of Bursa De Valori Bucuresti was 47.34. The lowest was 31.93. And the median was 40.12.


Be Aware

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


Bursa De Valori Bucuresti E10 Related Terms

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


Bursa De Valori Bucuresti (BSE:BVB) Business Description

Traded in Other Exchanges
N/A
Address
34-36 Carol I Boulevard, 13th-14th Floor, District 2, Bucharest, ROU, 020922
Bursa De Valori Bucuresti SA is engaged in the management of the financial markets. The company's segment includes Capital markets, Post-trading services, Registry services, FCI services and Other services. Capital markets segment includes trading of securities and financial instruments transactions on regulated markets. Post-trading services include services provided after a transaction is completed and the bank account is debited, and the securities are transferred to the portfolio. Registry services include storage and updating of the registry of stakeholders for the listed companies. FCI services and other services are related to the investor's compensation scheme. Majority of revenue is generated from Trading services.

Bursa De Valori Bucuresti (BSE:BVB) Headlines

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