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Construtora Tenda (BSP:TEND3) E10 : R$0.14 (As of Dec. 2024)


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What is Construtora Tenda 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.

Construtora Tenda's adjusted earnings per share data for the three months ended in Dec. 2024 was R$0.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.14 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Construtora Tenda's average E10 Growth Rate was -71.40% 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.

As of today (2025-03-26), Construtora Tenda's current stock price is R$14.19. Construtora Tenda's E10 for the quarter that ended in Dec. 2024 was R$0.14. Construtora Tenda's Shiller PE Ratio of today is 101.36.

During the past 13 years, the highest Shiller PE Ratio of Construtora Tenda was 328.20. The lowest was 7.44. And the median was 23.76.


Construtora Tenda E10 Historical Data

The historical data trend for Construtora Tenda'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.

Construtora Tenda E10 Chart

Construtora Tenda 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 - - - 0.49 0.14

Construtora Tenda 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 0.49 0.52 0.31 0.05 0.14

Competitive Comparison of Construtora Tenda's E10

For the Real Estate - Development subindustry, Construtora Tenda'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.


Construtora Tenda's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



Construtora Tenda 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, Construtora Tenda'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)
=0.86/164.7402*164.7402
=0.860

Current CPI (Dec. 2024) = 164.7402.

Construtora Tenda Quarterly Data

per share eps CPI Adj_EPS
201112 0.000 78.971 0.000
201212 -0.195 83.581 -0.384
201312 -0.144 88.522 -0.268
201512 0.046 104.247 0.073
201603 0.000 106.979 0.000
201606 0.075 108.851 0.114
201609 0.201 109.986 0.301
201612 0.162 110.802 0.241
201703 0.172 111.869 0.253
201706 0.176 112.115 0.259
201709 0.262 112.777 0.383
201712 0.303 114.068 0.438
201803 0.306 114.868 0.439
201806 0.438 117.038 0.617
201809 0.559 117.881 0.781
201812 0.431 118.340 0.600
201903 0.466 120.124 0.639
201906 0.681 120.977 0.927
201909 0.608 121.292 0.826
201912 0.697 123.436 0.930
202003 0.163 124.092 0.216
202006 0.373 123.557 0.497
202009 0.648 125.095 0.853
202012 0.735 129.012 0.939
202103 0.350 131.660 0.438
202106 0.319 133.871 0.393
202109 0.061 137.913 0.073
202112 -2.731 141.992 -3.169
202203 -0.683 146.537 -0.768
202206 -1.160 149.784 -1.276
202209 -2.179 147.800 -2.429
202212 -1.285 150.207 -1.409
202303 -0.414 153.352 -0.445
202306 -0.099 154.519 -0.106
202309 -0.226 155.464 -0.239
202312 -0.870 157.148 -0.912
202403 0.040 159.372 0.041
202406 0.035 161.052 0.036
202409 0.592 162.342 0.601
202412 0.860 164.740 0.860

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


Construtora Tenda  (BSP:TEND3) 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.

Construtora Tenda's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.19/0.14
=101.36

* 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 Construtora Tenda was 328.20. The lowest was 7.44. And the median was 23.76.


Be Aware

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


Construtora Tenda E10 Related Terms

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


Construtora Tenda Business Description

Traded in Other Exchanges
N/A
Address
Rua Boa Vista, 280, Sao Paulo, SP, BRA, 01010-001
Construtora Tenda SA is engaged in the performance of general construction works: the merger of property; the purchase and sale of properties; providing construction management services; intermediating the sale of consortium shares; and participation in other companies. Subsidiaries share the managerial, operating structures, and corporate costs. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings. It has two segments On-site and Off-site.

Construtora Tenda Headlines

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