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Betsson AB (Betsson AB) E10 : $0.83 (As of Dec. 2023)


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What is Betsson AB 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.

Betsson AB's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.327. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.83 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Betsson AB's average E10 Growth Rate was 15.70% per year. During the past 3 years, the average E10 Growth Rate was 14.80% per year. During the past 5 years, the average E10 Growth Rate was 11.80% 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 Betsson AB was 14.80% per year. The lowest was -17.20% per year. And the median was 7.80% per year.

As of today (2024-04-29), Betsson AB's current stock price is $9.59. Betsson AB's E10 for the quarter that ended in Dec. 2023 was $0.83. Betsson AB's Shiller PE Ratio of today is 11.55.

During the past 13 years, the highest Shiller PE Ratio of Betsson AB was 16.71. The lowest was 5.51. And the median was 10.28.


Betsson AB E10 Historical Data

The historical data trend for Betsson AB'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.

Betsson AB E10 Chart

Betsson AB 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 0.59 0.55 0.67 0.75 0.83

Betsson AB 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 0.75 0.78 0.74 0.73 0.83

Competitive Comparison of Betsson AB's E10

For the Gambling subindustry, Betsson AB'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.


Betsson AB's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Betsson AB's Shiller PE Ratio distribution charts can be found below:

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



Betsson AB 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, Betsson AB'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)
=0.327/130.9575*130.9575
=0.327

Current CPI (Dec. 2023) = 130.9575.

Betsson AB Quarterly Data

per share eps CPI Adj_EPS
201403 0.181 99.788 0.238
201406 0.189 100.432 0.246
201409 0.196 100.161 0.256
201412 0.215 100.225 0.281
201503 0.188 99.950 0.246
201506 0.177 99.995 0.232
201509 0.212 100.228 0.277
201512 0.151 100.276 0.197
201603 0.213 100.751 0.277
201606 0.127 101.019 0.165
201609 0.215 101.138 0.278
201612 0.196 102.022 0.252
201703 0.174 102.022 0.223
201706 0.155 102.752 0.198
201709 0.169 103.279 0.214
201712 0.157 103.793 0.198
201803 0.163 103.962 0.205
201806 0.219 104.875 0.273
201809 0.248 105.679 0.307
201812 0.254 105.912 0.314
201903 0.180 105.886 0.223
201906 0.133 106.742 0.163
201909 0.135 107.214 0.165
201912 0.167 107.766 0.203
202003 0.166 106.563 0.204
202006 0.150 107.498 0.183
202009 0.248 107.635 0.302
202012 0.270 108.296 0.326
202103 0.202 108.360 0.244
202106 0.289 108.928 0.347
202109 0.247 110.338 0.293
202112 0.154 112.486 0.179
202203 0.286 114.825 0.326
202206 0.226 118.384 0.250
202209 0.238 122.296 0.255
202212 0.275 126.365 0.285
202303 0.300 127.042 0.309
202306 0.397 129.407 0.402
202309 0.374 130.224 0.376
202312 0.327 130.958 0.327

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


Betsson AB  (GREY:BTSBF) 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.

Betsson AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.59/0.83
=11.55

* 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 Betsson AB was 16.71. The lowest was 5.51. And the median was 10.28.


Be Aware

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


Betsson AB E10 Related Terms

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


Betsson AB (Betsson AB) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 28, Stockholm, SWE, 111 53
Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

Betsson AB (Betsson AB) Headlines

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