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News (BSP:N1WS35) E10 : R$-0.90 (As of Dec. 2023)


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What is News 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.

News's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.661. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-0.90 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-02), News's current stock price is R$49.00. News's E10 for the quarter that ended in Dec. 2023 was R$-0.90. News's Shiller PE Ratio of today is .


News E10 Historical Data

The historical data trend for News'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.

News E10 Chart

News Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1.94 -1.22 -1.04

News 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 -1.51 -1.77 -1.04 -1.07 -0.90

Competitive Comparison of News's E10

For the Entertainment subindustry, News'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.


News's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, News's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where News's Shiller PE Ratio falls into.



News 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, News'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)
=0.661/129.4194*129.4194
=0.661

Current CPI (Dec. 2023) = 129.4194.

News Quarterly Data

per share eps CPI Adj_EPS
201403 0.093 99.695 0.121
201406 0.022 100.560 0.028
201409 0.129 100.428 0.166
201412 0.317 99.070 0.414
201503 0.063 99.621 0.082
201506 -1.011 100.684 -1.300
201509 0.585 100.392 0.754
201512 0.213 99.792 0.276
201603 -0.481 100.470 -0.620
201606 0.257 101.688 0.327
201609 -0.049 101.861 -0.062
201612 -0.839 101.863 -1.066
201703 -0.016 102.862 -0.020
201706 -1.219 103.349 -1.526
201709 0.188 104.136 0.234
201712 -0.231 104.011 -0.287
201803 -3.181 105.290 -3.910
201806 -1.207 106.317 -1.469
201809 0.349 106.507 0.424
201812 0.311 105.998 0.380
201903 0.038 107.251 0.046
201906 -0.174 108.070 -0.208
201909 -0.803 108.329 -0.959
201912 0.287 108.420 0.343
202003 -3.029 108.902 -3.600
202006 -1.738 108.767 -2.068
202009 0.162 109.815 0.191
202012 1.003 109.897 1.181
202103 0.366 111.754 0.424
202106 -0.050 114.631 -0.056
202109 0.871 115.734 0.974
202112 1.131 117.630 1.244
202203 0.348 121.301 0.371
202206 0.480 125.017 0.497
202209 0.184 125.227 0.190
202212 0.315 125.222 0.326
202303 0.234 127.348 0.238
202306 -0.024 128.729 -0.024
202309 0.123 129.860 0.123
202312 0.661 129.419 0.661

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


News  (BSP:N1WS35) 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.


News E10 Related Terms

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


News (BSP:N1WS35) Business Description

Address
1211 Avenue of the Americas, New York, NY, USA, 10036
News Corporation is a diversified media conglomerate with significant presence in the U.S, the U.K., and Australia. Key mastheads include The Wall Street Journal, Herald Sun, and The Times. The company also has a strong presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65%-owned), while its 61%-owned REA Group is the dominant real estate classified business in Australia. In addition, it owns HarperCollins, one of the largest book publishers in the world, and also has a substantial digital property advertising business (Move) in the U.S.

News (BSP:N1WS35) Headlines

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