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CIA Energetica Do Rio Grande Norte - COSERN (BSP:CSRN3) E10 : R$2.46 (As of Mar. 2024)


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What is CIA Energetica Do Rio Grande Norte - COSERN 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.

CIA Energetica Do Rio Grande Norte - COSERN's adjusted earnings per share data for the three months ended in Mar. 2024 was R$1.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$2.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CIA Energetica Do Rio Grande Norte - COSERN's average E10 Growth Rate was 7.90% per year. During the past 3 years, the average E10 Growth Rate was 10.50% per year. During the past 5 years, the average E10 Growth Rate was 2.60% 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 CIA Energetica Do Rio Grande Norte - COSERN was 10.50% per year. The lowest was -3.90% per year. And the median was 5.50% per year.

As of today (2024-04-30), CIA Energetica Do Rio Grande Norte - COSERN's current stock price is R$23.51. CIA Energetica Do Rio Grande Norte - COSERN's E10 for the quarter that ended in Mar. 2024 was R$2.46. CIA Energetica Do Rio Grande Norte - COSERN's Shiller PE Ratio of today is 9.56.

During the past 13 years, the highest Shiller PE Ratio of CIA Energetica Do Rio Grande Norte - COSERN was 13.03. The lowest was 6.65. And the median was 9.61.


CIA Energetica Do Rio Grande Norte - COSERN E10 Historical Data

The historical data trend for CIA Energetica Do Rio Grande Norte - COSERN'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.

CIA Energetica Do Rio Grande Norte - COSERN E10 Chart

CIA Energetica Do Rio Grande Norte - COSERN 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 1.88 1.80 2.03 2.21 2.43

CIA Energetica Do Rio Grande Norte - COSERN 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 2.28 2.34 2.38 2.43 2.46

Competitive Comparison of CIA Energetica Do Rio Grande Norte - COSERN's E10

For the Utilities - Regulated Electric subindustry, CIA Energetica Do Rio Grande Norte - COSERN'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.


CIA Energetica Do Rio Grande Norte - COSERN's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA Energetica Do Rio Grande Norte - COSERN's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CIA Energetica Do Rio Grande Norte - COSERN's Shiller PE Ratio falls into.



CIA Energetica Do Rio Grande Norte - COSERN 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, CIA Energetica Do Rio Grande Norte - COSERN'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)
=1/156.2729*156.2729
=1.000

Current CPI (Mar. 2024) = 156.2729.

CIA Energetica Do Rio Grande Norte - COSERN Quarterly Data

per share eps CPI Adj_EPS
201309 0.298 86.749 0.537
201312 0.316 88.522 0.558
201412 0.000 94.194 0.000
201503 0.270 97.799 0.431
201506 0.370 100.006 0.578
201509 0.181 101.392 0.279
201512 0.388 104.247 0.582
201603 0.270 106.979 0.394
201606 0.155 108.851 0.223
201609 0.252 109.986 0.358
201612 0.336 110.802 0.474
201703 0.190 111.869 0.265
201706 0.357 112.115 0.498
201709 0.180 112.777 0.249
201712 0.390 114.068 0.534
201803 0.320 114.868 0.435
201806 0.400 117.038 0.534
201809 0.530 117.881 0.703
201812 0.200 118.340 0.264
201903 0.320 120.124 0.416
201906 0.390 120.977 0.504
201909 0.410 121.292 0.528
201912 0.470 123.436 0.595
202003 0.480 124.092 0.604
202006 0.410 123.557 0.519
202009 0.540 125.095 0.675
202012 0.560 129.012 0.678
202103 0.650 131.660 0.772
202106 0.790 133.871 0.922
202109 0.810 137.913 0.918
202112 0.850 141.992 0.935
202203 0.830 146.537 0.885
202206 0.780 149.784 0.814
202209 0.590 147.800 0.624
202212 1.190 150.207 1.238
202303 0.930 153.352 0.948
202306 1.010 154.519 1.021
202309 0.690 155.464 0.694
202312 0.790 156.273 0.790
202403 1.000 156.273 1.000

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


CIA Energetica Do Rio Grande Norte - COSERN  (BSP:CSRN3) 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.

CIA Energetica Do Rio Grande Norte - COSERN's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=23.51/2.46
=9.56

* 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 CIA Energetica Do Rio Grande Norte - COSERN was 13.03. The lowest was 6.65. And the median was 9.61.


Be Aware

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


CIA Energetica Do Rio Grande Norte - COSERN E10 Related Terms

Thank you for viewing the detailed overview of CIA Energetica Do Rio Grande Norte - COSERN's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


CIA Energetica Do Rio Grande Norte - COSERN (BSP:CSRN3) Business Description

Traded in Other Exchanges
Address
Rua Mermoz 150, Natal, RN, BRA, 59025250
CIA Energetica Do Rio Grande Norte - COSERN is a holding company in Brazil. The Company, through its subsidiaries, is mainly engaged in distribution, transmission, generation and marketing of electricity. The company operates as a public service concessionary of electrical power, aimed to study, project, construct and explore systems of production, transmission, transformation, distribution and commercialization of electrical energy and other alternative energy sources, renewable and nonrenewable.

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