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MRV Engenharia e Participacoes (BSP:MRVE3) E10 : R$1.25 (As of Dec. 2024)


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What is MRV Engenharia 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.

MRV Engenharia e Participacoes's adjusted earnings per share data for the three months ended in Dec. 2024 was R$-0.444. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.25 for the trailing ten years ended in Dec. 2024.

During the past 12 months, MRV Engenharia e Participacoes's average E10 Growth Rate was -19.40% per year. During the past 3 years, the average E10 Growth Rate was -10.90% per year. During the past 5 years, the average E10 Growth Rate was -5.70% 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 MRV Engenharia e Participacoes was -2.30% per year. The lowest was -10.90% per year. And the median was -3.20% per year.

As of today (2025-03-26), MRV Engenharia e Participacoes's current stock price is R$5.04. MRV Engenharia e Participacoes's E10 for the quarter that ended in Dec. 2024 was R$1.25. MRV Engenharia e Participacoes's Shiller PE Ratio of today is 4.03.

During the past 13 years, the highest Shiller PE Ratio of MRV Engenharia e Participacoes was 12.88. The lowest was 3.39. And the median was 6.91.


MRV Engenharia e Participacoes E10 Historical Data

The historical data trend for MRV Engenharia 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.

MRV Engenharia e Participacoes E10 Chart

MRV Engenharia 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 1.71 1.77 1.63 1.55 1.25

MRV Engenharia 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 1.55 1.51 1.36 1.32 1.25

Competitive Comparison of MRV Engenharia e Participacoes's E10

For the Real Estate - Development subindustry, MRV Engenharia 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.


MRV Engenharia e Participacoes's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where MRV Engenharia e Participacoes's Shiller PE Ratio falls into.



MRV Engenharia 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, MRV Engenharia 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)
=-0.444/164.7402*164.7402
=-0.444

Current CPI (Dec. 2024) = 164.7402.

MRV Engenharia e Participacoes Quarterly Data

per share eps CPI Adj_EPS
201503 0.239 97.799 0.403
201506 0.361 100.006 0.595
201509 0.322 101.392 0.523
201512 0.317 104.247 0.501
201603 0.289 106.979 0.445
201606 0.311 108.851 0.471
201609 0.337 109.986 0.505
201612 0.321 110.802 0.477
201703 0.294 111.869 0.433
201706 0.317 112.115 0.466
201709 0.455 112.777 0.665
201712 0.406 114.068 0.586
201803 0.358 114.868 0.513
201806 0.373 117.038 0.525
201809 0.391 117.881 0.546
201812 0.429 118.340 0.597
201903 0.426 120.124 0.584
201906 0.428 120.977 0.583
201909 0.359 121.292 0.488
201912 0.341 123.436 0.455
202003 0.221 124.092 0.293
202006 0.226 123.557 0.301
202009 0.290 125.095 0.382
202012 0.406 129.012 0.518
202103 0.282 131.660 0.353
202106 0.418 133.871 0.514
202109 0.341 137.913 0.407
202112 0.619 141.992 0.718
202203 0.150 146.537 0.169
202206 0.119 149.784 0.131
202209 0.005 147.800 0.006
202212 -0.648 150.207 -0.711
202303 0.063 153.352 0.068
202306 0.374 154.519 0.399
202309 -0.247 155.464 -0.262
202312 -0.206 157.148 -0.216
202403 -0.301 159.372 -0.311
202406 -0.127 161.052 -0.130
202409 -0.023 162.342 -0.023
202412 -0.444 164.740 -0.444

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


MRV Engenharia e Participacoes  (BSP:MRVE3) 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.

MRV Engenharia e Participacoes's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.04/1.25
=4.03

* 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 MRV Engenharia e Participacoes was 12.88. The lowest was 3.39. And the median was 6.91.


Be Aware

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


MRV Engenharia e Participacoes E10 Related Terms

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


MRV Engenharia e Participacoes Business Description

Traded in Other Exchanges
N/A
Address
621 Professor Mario Werneck Avenida, Estoril, 1st Floor, Belo Horizonte, MG, BRA, 30455-610
MRV Engenharia e Participacoes SA is engaged in the management of own and third-party assets, development, construction and sale of Company-owned or third-party real estate, the provision of technical engineering services related to the functions of the technicians in charge, real estate consultancy services, dealing service of goods and services supply in residential real estate segment and holding equity interests in other companies as a shareholder. Real estate development and the construction of real estate are performed directly by the Company or other business partners. The operating segments of the company are Real estate development, Luggo, Resia and Land development.

MRV Engenharia e Participacoes Headlines

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