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Joao Fortes Engenharia (BSP:JFEN3) E10 : R$-731.30 (As of Sep. 2024)


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What is Joao Fortes Engenharia 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.

Joao Fortes Engenharia's adjusted earnings per share data for the three months ended in Sep. 2024 was R$-3.596. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-731.30 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was -16.50% per year. During the past 5 years, the average E10 Growth Rate was -26.60% 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 Joao Fortes Engenharia was -16.50% per year. The lowest was -39.10% per year. And the median was -25.70% per year.

As of today (2025-04-09), Joao Fortes Engenharia's current stock price is R$2.31. Joao Fortes Engenharia's E10 for the quarter that ended in Sep. 2024 was R$-731.30. Joao Fortes Engenharia's Shiller PE Ratio of today is .


Joao Fortes Engenharia E10 Historical Data

The historical data trend for Joao Fortes Engenharia'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.

Joao Fortes Engenharia E10 Chart

Joao Fortes Engenharia 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 -363.58 -506.16 -656.95 -721.86 -800.93

Joao Fortes Engenharia Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -768.86 -800.93 -800.89 -778.66 -731.30

Competitive Comparison of Joao Fortes Engenharia's E10

For the Real Estate Services subindustry, Joao Fortes Engenharia'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.


Joao Fortes Engenharia's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Joao Fortes Engenharia's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Joao Fortes Engenharia's Shiller PE Ratio falls into.


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Joao Fortes Engenharia 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, Joao Fortes Engenharia's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-3.596/162.3424*162.3424
=-3.596

Current CPI (Sep. 2024) = 162.3424.

Joao Fortes Engenharia Quarterly Data

per share eps CPI Adj_EPS
201412 -487.733 94.194 -840.606
201503 -93.798 97.799 -155.701
201506 -791.817 100.006 -1,285.374
201509 -102.373 101.392 -163.913
201512 -214.430 104.247 -333.929
201603 -139.179 106.979 -211.207
201606 -222.300 108.851 -331.544
201609 -372.600 109.986 -549.967
201612 -621.100 110.802 -910.009
201703 -157.000 111.869 -227.836
201706 -431.700 112.115 -625.104
201709 -20.901 112.777 -30.087
201712 -35.110 114.068 -49.969
201803 -98.000 114.868 -138.503
201806 -1.460 117.038 -2.025
201809 -10.312 117.881 -14.201
201812 -269.028 118.340 -369.060
201903 -52.000 120.124 -70.276
201906 -191.780 120.977 -257.354
201909 -70.320 121.292 -94.119
201912 -41.580 123.436 -54.686
202003 -48.340 124.092 -63.241
202006 -27.480 123.557 -36.106
202009 -23.360 125.095 -30.315
202012 -61.130 129.012 -76.923
202103 -12.400 131.660 -15.290
202106 -44.570 133.871 -54.049
202109 -51.130 137.913 -60.187
202112 -71.470 141.992 -81.713
202203 -36.700 146.537 -40.658
202206 -3.176 149.784 -3.442
202209 -4.894 147.800 -5.376
202212 -40.135 150.207 -43.378
202303 11.362 153.352 12.028
202306 -0.942 154.519 -0.990
202309 -24.710 155.464 -25.803
202312 -23.480 157.148 -24.256
202403 -21.058 159.372 -21.450
202406 -22.596 161.052 -22.777
202409 -3.596 162.342 -3.596

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


Joao Fortes Engenharia  (BSP:JFEN3) 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.


Be Aware

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


Joao Fortes Engenharia E10 Related Terms

Thank you for viewing the detailed overview of Joao Fortes Engenharia's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Joao Fortes Engenharia Business Description

Traded in Other Exchanges
N/A
Address
Av Das Americas, 500, Bl. 19, Salas 105 a 108, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22640100
Joao Fortes Engenharia SA is engaged in the development, marketing and management of residential, commercial and industrial building, such as residential houses, commercial and business centers, corporate headquarters, hotels and special projects.

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