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Elektro - Eletricidade e Servicos (BSP:EKTR3) E10 : R$3.90 (As of Mar. 2024)


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What is Elektro - Eletricidade e Servicos 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.

Elektro - Eletricidade e Servicos's adjusted earnings per share data for the three months ended in Mar. 2024 was R$1.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$3.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Elektro - Eletricidade e Servicos's average E10 Growth Rate was 10.50% per year. During the past 3 years, the average E10 Growth Rate was 12.80% per year. During the past 5 years, the average E10 Growth Rate was 4.30% 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 Elektro - Eletricidade e Servicos was 12.80% per year. The lowest was -4.50% per year. And the median was 8.30% per year.

As of today (2024-05-15), Elektro - Eletricidade e Servicos's current stock price is R$45.35. Elektro - Eletricidade e Servicos's E10 for the quarter that ended in Mar. 2024 was R$3.90. Elektro - Eletricidade e Servicos's Shiller PE Ratio of today is 11.63.

During the past 13 years, the highest Shiller PE Ratio of Elektro - Eletricidade e Servicos was 16.53. The lowest was 4.90. And the median was 9.49.


Elektro - Eletricidade e Servicos E10 Historical Data

The historical data trend for Elektro - Eletricidade e Servicos'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.

Elektro - Eletricidade e Servicos E10 Chart

Elektro - Eletricidade e Servicos 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 2.62 2.65 2.89 3.33 3.80

Elektro - Eletricidade e Servicos 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 3.53 3.59 3.72 3.80 3.90

Competitive Comparison of Elektro - Eletricidade e Servicos's E10

For the Utilities - Regulated Electric subindustry, Elektro - Eletricidade e Servicos'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.


Elektro - Eletricidade e Servicos's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elektro - Eletricidade e Servicos's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Elektro - Eletricidade e Servicos's Shiller PE Ratio falls into.



Elektro - Eletricidade e Servicos 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, Elektro - Eletricidade e Servicos'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)
=1.34/156.2729*156.2729
=1.340

Current CPI (Mar. 2024) = 156.2729.

Elektro - Eletricidade e Servicos Quarterly Data

per share eps CPI Adj_EPS
201406 -0.119 91.838 -0.202
201409 -0.048 92.602 -0.081
201412 2.147 94.194 3.562
201503 0.570 97.799 0.911
201506 0.326 100.006 0.509
201509 0.417 101.392 0.643
201512 0.507 104.247 0.760
201603 0.318 106.979 0.465
201606 0.189 108.851 0.271
201609 0.293 109.986 0.416
201612 0.924 110.802 1.303
201703 0.428 111.869 0.598
201706 0.245 112.115 0.341
201709 0.767 112.777 1.063
201712 0.397 114.068 0.544
201803 0.355 114.868 0.483
201806 0.376 117.038 0.502
201809 0.432 117.881 0.573
201812 0.886 118.340 1.170
201903 0.520 120.124 0.676
201906 0.410 120.977 0.530
201909 0.880 121.292 1.134
201912 0.620 123.436 0.785
202003 0.710 124.092 0.894
202006 0.268 123.557 0.339
202009 0.908 125.095 1.134
202012 1.161 129.012 1.406
202103 1.000 131.660 1.187
202106 0.720 133.871 0.840
202109 0.910 137.913 1.031
202112 1.400 141.992 1.541
202203 1.540 146.537 1.642
202206 1.520 149.784 1.586
202209 1.687 147.800 1.784
202212 1.068 150.207 1.111
202303 1.390 153.352 1.416
202306 0.870 154.519 0.880
202309 2.460 155.464 2.473
202312 1.461 156.273 1.461
202403 1.340 156.273 1.340

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


Elektro - Eletricidade e Servicos  (BSP:EKTR3) 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.

Elektro - Eletricidade e Servicos's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=45.35/3.9
=11.63

* 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 Elektro - Eletricidade e Servicos was 16.53. The lowest was 4.90. And the median was 9.49.


Be Aware

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


Elektro - Eletricidade e Servicos E10 Related Terms

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


Elektro - Eletricidade e Servicos (BSP:EKTR3) Business Description

Traded in Other Exchanges
Address
Rua Ary Antenor de Souza 321, 1 Andar, Campinas, SP, BRA, 13053024
Elektro - Eletricidade e Servicos SA is a power distribution company. The company is principally engaged in the transmission, distribution and generation of electric energy for industrial, residential and rural consumption, among others.

Elektro - Eletricidade e Servicos (BSP:EKTR3) Headlines

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