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EZ TEC Empreendimentos e Participacoes (BSP:EZTC3) E10 : R$1.99 (As of Dec. 2024)


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What is EZ TEC Empreendimentos e Participacoes 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.

EZ TEC Empreendimentos e Participacoes's adjusted earnings per share data for the three months ended in Dec. 2024 was R$0.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.99 for the trailing ten years ended in Dec. 2024.

During the past 12 months, EZ TEC Empreendimentos e Participacoes's average E10 Growth Rate was -98.30% per year. During the past 3 years, the average E10 Growth Rate was -73.30% per year. During the past 5 years, the average E10 Growth Rate was -41.10% 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 EZ TEC Empreendimentos e Participacoes was 6.70% per year. The lowest was -73.30% per year. And the median was 6.20% per year.

As of today (2025-04-02), EZ TEC Empreendimentos e Participacoes's current stock price is R$15.43. EZ TEC Empreendimentos e Participacoes's E10 for the quarter that ended in Dec. 2024 was R$1.99. EZ TEC Empreendimentos e Participacoes's Shiller PE Ratio of today is 7.75.

During the past 13 years, the highest Shiller PE Ratio of EZ TEC Empreendimentos e Participacoes was 7.86. The lowest was 0.11. And the median was 0.21.


EZ TEC Empreendimentos e Participacoes E10 Historical Data

The historical data trend for EZ TEC Empreendimentos e Participacoes'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.

EZ TEC Empreendimentos e Participacoes E10 Chart

EZ TEC Empreendimentos e Participacoes 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 95.34 104.83 110.74 115.43 1.99

EZ TEC Empreendimentos e Participacoes 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 115.43 117.01 118.18 2.02 1.99

Competitive Comparison of EZ TEC Empreendimentos e Participacoes's E10

For the Real Estate - Development subindustry, EZ TEC Empreendimentos e Participacoes'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.


EZ TEC Empreendimentos e Participacoes's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, EZ TEC Empreendimentos e Participacoes's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where EZ TEC Empreendimentos e Participacoes's Shiller PE Ratio falls into.


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EZ TEC Empreendimentos e Participacoes 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, EZ TEC Empreendimentos e Participacoes'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)
=0.58/164.7402*164.7402
=0.580

Current CPI (Dec. 2024) = 164.7402.

EZ TEC Empreendimentos e Participacoes Quarterly Data

per share eps CPI Adj_EPS
201503 0.636 97.799 1.071
201506 0.536 100.006 0.883
201509 0.553 101.392 0.899
201512 0.520 104.247 0.822
201603 0.371 106.979 0.571
201606 0.198 108.851 0.300
201609 0.239 109.986 0.358
201612 0.371 110.802 0.552
201703 0.157 111.869 0.231
201706 0.107 112.115 0.157
201709 1.403 112.777 2.049
201712 0.124 114.068 0.179
201803 0.025 114.868 0.036
201806 0.074 117.038 0.104
201809 0.173 117.881 0.242
201812 0.223 118.340 0.310
201903 0.083 120.124 0.114
201906 0.470 120.977 0.640
201909 0.290 121.292 0.394
201912 0.474 123.436 0.633
202003 0.340 124.092 0.451
202006 0.310 123.557 0.413
202009 0.540 125.095 0.711
202012 0.600 129.012 0.766
202103 0.321 131.660 0.402
202106 0.610 133.871 0.751
202109 0.670 137.913 0.800
202112 0.330 141.992 0.383
202203 0.472 146.537 0.531
202206 0.380 149.784 0.418
202209 0.480 147.800 0.535
202212 0.150 150.207 0.165
202303 0.190 153.352 0.204
202306 0.350 154.519 0.373
202309 0.180 155.464 0.191
202312 0.360 157.148 0.377
202403 0.260 159.372 0.269
202406 0.410 161.052 0.419
202409 0.610 162.342 0.619
202412 0.580 164.740 0.580

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


EZ TEC Empreendimentos e Participacoes  (BSP:EZTC3) 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.

EZ TEC Empreendimentos e Participacoes's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.43/1.99
=7.75

* 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 EZ TEC Empreendimentos e Participacoes was 7.86. The lowest was 0.11. And the median was 0.21.


Be Aware

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


EZ TEC Empreendimentos e Participacoes E10 Related Terms

Thank you for viewing the detailed overview of EZ TEC Empreendimentos e Participacoes's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


EZ TEC Empreendimentos e Participacoes Business Description

Traded in Other Exchanges
N/A
Address
Avenida Republica do Libano, 1921, Sao Paulo, SP, BRA, 04501002
EZ TEC Empreendimentos e Participacoes SA is a real estate development company that operates out of Brazil. The company and its subsidiaries engage in the development & sale of real estate, the management & lease of its own properties, land allotment, construction of condominiums, and services related to projects. The company defines its operations to include two revenue generating segments: commercial projects and residential projects. A majority of revenue is derived from the residential project segment, while a smaller portion is derived from the commercial projects segment. The company earns majority of its revenue in Brazil.

EZ TEC Empreendimentos e Participacoes Headlines

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