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B3 - Brasil Bolsa Balcao (BSP:B3SA3) E10 : R$0.67 (As of Dec. 2024)


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What is B3 - Brasil Bolsa Balcao 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.

B3 - Brasil Bolsa Balcao's adjusted earnings per share data for the three months ended in Dec. 2024 was R$0.216. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.67 for the trailing ten years ended in Dec. 2024.

During the past 12 months, B3 - Brasil Bolsa Balcao's average E10 Growth Rate was 13.60% per year. During the past 3 years, the average E10 Growth Rate was 13.40% per year. During the past 5 years, the average E10 Growth Rate was 16.10% 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 B3 - Brasil Bolsa Balcao was 17.60% per year. The lowest was 13.40% per year. And the median was 16.70% per year.

As of today (2025-04-05), B3 - Brasil Bolsa Balcao's current stock price is R$12.05. B3 - Brasil Bolsa Balcao's E10 for the quarter that ended in Dec. 2024 was R$0.67. B3 - Brasil Bolsa Balcao's Shiller PE Ratio of today is 17.99.

During the past 13 years, the highest Shiller PE Ratio of B3 - Brasil Bolsa Balcao was 64.07. The lowest was 0.54. And the median was 28.07.


B3 - Brasil Bolsa Balcao E10 Historical Data

The historical data trend for B3 - Brasil Bolsa Balcao'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.

B3 - Brasil Bolsa Balcao E10 Chart

B3 - Brasil Bolsa Balcao Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.46 0.52 0.59 0.67

B3 - Brasil Bolsa Balcao Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.59 0.60 0.62 0.64 0.67

Competitive Comparison of B3 - Brasil Bolsa Balcao's E10

For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao'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.


B3 - Brasil Bolsa Balcao's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where B3 - Brasil Bolsa Balcao's Shiller PE Ratio falls into.


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B3 - Brasil Bolsa Balcao 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, B3 - Brasil Bolsa Balcao's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.216/164.7402*164.7402
=0.216

Current CPI (Dec. 2024) = 164.7402.

B3 - Brasil Bolsa Balcao Quarterly Data

per share eps CPI Adj_EPS
201503 0.051 97.799 0.086
201506 0.059 100.006 0.097
201509 0.373 101.392 0.606
201512 -0.076 104.247 -0.120
201603 0.063 106.979 0.097
201606 -0.021 108.851 -0.032
201609 0.054 109.986 0.081
201612 0.172 110.802 0.256
201703 0.047 111.869 0.069
201706 0.027 112.115 0.040
201709 0.055 112.777 0.080
201712 0.086 114.068 0.124
201803 0.051 114.868 0.073
201806 0.118 117.038 0.166
201809 0.076 117.881 0.106
201812 0.095 118.340 0.132
201903 0.098 120.124 0.134
201906 0.106 120.977 0.144
201909 0.117 121.292 0.159
201912 0.119 123.436 0.159
202003 0.166 124.092 0.220
202006 0.145 123.557 0.193
202009 0.185 125.095 0.244
202012 0.179 129.012 0.229
202103 0.205 131.660 0.257
202106 0.195 133.871 0.240
202109 0.192 137.913 0.229
202112 0.179 141.992 0.208
202203 0.182 146.537 0.205
202206 0.181 149.784 0.199
202209 0.169 147.800 0.188
202212 0.170 150.207 0.186
202303 0.188 153.352 0.202
202306 0.182 154.519 0.194
202309 0.186 155.464 0.197
202312 0.161 157.148 0.169
202403 0.170 159.372 0.176
202406 0.224 161.052 0.229
202409 0.215 162.342 0.218
202412 0.216 164.740 0.216

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


B3 - Brasil Bolsa Balcao  (BSP:B3SA3) 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.

B3 - Brasil Bolsa Balcao's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.05/0.67
=17.99

* 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 B3 - Brasil Bolsa Balcao was 64.07. The lowest was 0.54. And the median was 28.07.


Be Aware

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


B3 - Brasil Bolsa Balcao E10 Related Terms

Thank you for viewing the detailed overview of B3 - Brasil Bolsa Balcao's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


B3 - Brasil Bolsa Balcao Business Description

Traded in Other Exchanges
Address
Praca Antonio Prado, 48, Centro, Sao Paulo, SP, BRA, 01010-901
B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. The company's segment involves: Listed; OTC; Infrastructure for Financing; and Technology, Data and Services. It derives maximum revenue from Listed Segment.

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