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Cyrela Brazil Realty Empreend e Part (BSP:CYRE3) E10 : R$1.88 (As of Dec. 2023)


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What is Cyrela Brazil Realty Empreend e Part 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.

Cyrela Brazil Realty Empreend e Part's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.661. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.88 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cyrela Brazil Realty Empreend e Part's average E10 Growth Rate was 0.50% per year. During the past 3 years, the average E10 Growth Rate was 3.80% per year. During the past 5 years, the average E10 Growth Rate was 8.00% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Cyrela Brazil Realty Empreend e Part was 12.00% per year. The lowest was 2.90% per year. And the median was 7.50% per year.

As of today (2024-05-01), Cyrela Brazil Realty Empreend e Part's current stock price is R$20.30. Cyrela Brazil Realty Empreend e Part's E10 for the quarter that ended in Dec. 2023 was R$1.88. Cyrela Brazil Realty Empreend e Part's Shiller PE Ratio of today is 10.80.

During the past 13 years, the highest Shiller PE Ratio of Cyrela Brazil Realty Empreend e Part was 25.45. The lowest was 5.99. And the median was 11.10.


Cyrela Brazil Realty Empreend e Part E10 Historical Data

The historical data trend for Cyrela Brazil Realty Empreend e Part'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.

Cyrela Brazil Realty Empreend e Part E10 Chart

Cyrela Brazil Realty Empreend e Part 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 1.33 1.68 1.90 1.87 1.88

Cyrela Brazil Realty Empreend e Part 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 1.87 1.87 1.88 1.89 1.88

Competitive Comparison of Cyrela Brazil Realty Empreend e Part's E10

For the Residential Construction subindustry, Cyrela Brazil Realty Empreend e Part'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.


Cyrela Brazil Realty Empreend e Part's Shiller PE Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Cyrela Brazil Realty Empreend e Part's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cyrela Brazil Realty Empreend e Part's Shiller PE Ratio falls into.



Cyrela Brazil Realty Empreend e Part 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, Cyrela Brazil Realty Empreend e Part'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)
=0.661/156.2729*156.2729
=0.661

Current CPI (Dec. 2023) = 156.2729.

Cyrela Brazil Realty Empreend e Part Quarterly Data

per share eps CPI Adj_EPS
201403 0.398 90.447 0.688
201406 0.429 91.838 0.730
201409 0.444 92.602 0.749
201412 0.392 94.194 0.650
201503 0.261 97.799 0.417
201506 0.312 100.006 0.488
201509 0.346 101.392 0.533
201512 0.255 104.247 0.382
201603 0.159 106.979 0.232
201606 0.113 108.851 0.162
201609 0.038 109.986 0.054
201612 0.082 110.802 0.116
201703 0.011 111.869 0.015
201706 -0.374 112.115 -0.521
201709 -0.018 112.777 -0.025
201712 0.132 114.068 0.181
201803 -0.134 114.868 -0.182
201806 -0.074 117.038 -0.099
201809 -0.581 117.881 -0.770
201812 0.302 118.340 0.399
201903 0.126 120.124 0.164
201906 0.296 120.977 0.382
201909 0.272 121.292 0.350
201912 0.388 123.436 0.491
202003 0.073 124.092 0.092
202006 0.176 123.557 0.223
202009 3.650 125.095 4.560
202012 0.679 129.012 0.822
202103 0.500 131.660 0.593
202106 0.694 133.871 0.810
202109 0.618 137.913 0.700
202112 0.566 141.992 0.623
202203 0.421 146.537 0.449
202206 0.396 149.784 0.413
202209 0.770 147.800 0.814
202212 0.566 150.207 0.589
202303 0.436 153.352 0.444
202306 0.745 154.519 0.753
202309 0.670 155.464 0.673
202312 0.661 156.273 0.661

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


Cyrela Brazil Realty Empreend e Part  (BSP:CYRE3) 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.

Cyrela Brazil Realty Empreend e Part's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.30/1.88
=10.80

* 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 Cyrela Brazil Realty Empreend e Part was 25.45. The lowest was 5.99. And the median was 11.10.


Be Aware

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


Cyrela Brazil Realty Empreend e Part E10 Related Terms

Thank you for viewing the detailed overview of Cyrela Brazil Realty Empreend e Part's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Cyrela Brazil Realty Empreend e Part (BSP:CYRE3) Business Description

Traded in Other Exchanges
Address
Rua do Rocio, 109, 2nd Floor, Room 01, Sao Paulo, SP, BRA, 04552-000
Cyrela Brazil Realty SA Empreend e Part is a Brazilian construction company engaged in the development and construction of residential properties, individually or together with other entities. The company has four operating segments; the Cyrela segment includes real estate projects classified by the Launch Committee as high-end and luxury, both of the Parent and joint ventures, the Living segment includes real estate projects classified by the Launch Committee as Living, both of the Parent and joint ventures, CVA segment includes real estate projects classified by the Launch Committee as Casa Verde e Amarela, both of the Parent and joint ventures and Other segment include land subdivision and service rendering activities.

Cyrela Brazil Realty Empreend e Part (BSP:CYRE3) Headlines

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