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Celulosa Argentina (BUE:CELU) E10 : ARS9.15 (As of Feb. 2024)


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What is Celulosa Argentina 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.

Celulosa Argentina's adjusted earnings per share data for the three months ended in Feb. 2024 was ARS-104.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS9.15 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Celulosa Argentina's average E10 Growth Rate was -3.20% 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 (2024-04-27), Celulosa Argentina's current stock price is ARS727.50. Celulosa Argentina's E10 for the quarter that ended in Feb. 2024 was ARS9.15. Celulosa Argentina's Shiller PE Ratio of today is 79.51.

During the past 13 years, the highest Shiller PE Ratio of Celulosa Argentina was 81.04. The lowest was 19.89. And the median was 34.18.


Celulosa Argentina E10 Historical Data

The historical data trend for Celulosa Argentina'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.

Celulosa Argentina E10 Chart

Celulosa Argentina Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.67 -0.59 -0.07 9.47

Celulosa Argentina Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 9.45 9.47 9.56 19.92 9.15

Competitive Comparison of Celulosa Argentina's E10

For the Paper & Paper Products subindustry, Celulosa Argentina'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.


Celulosa Argentina's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Celulosa Argentina's Shiller PE Ratio distribution charts can be found below:

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



Celulosa Argentina 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, Celulosa Argentina's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-104.03/129.4194*129.4194
=-104.030

Current CPI (Feb. 2024) = 129.4194.

Celulosa Argentina Quarterly Data

per share eps CPI Adj_EPS
201405 0.004 100.373 0.005
201408 -0.348 100.352 -0.449
201411 0.350 99.635 0.455
201502 0.222 99.032 0.290
201505 0.005 100.333 0.006
201508 0.000 100.548 0.000
201511 0.000 100.135 0.000
201602 -2.622 100.040 -3.392
201605 0.016 101.355 0.020
201608 -0.014 101.617 -0.018
201611 -0.017 101.829 -0.022
201702 -0.008 102.779 -0.010
201705 -0.083 103.256 -0.104
201708 -0.011 103.587 -0.014
201711 -0.005 104.072 -0.006
201802 -0.051 105.052 -0.063
201805 -0.065 106.148 -0.079
201808 -0.147 106.383 -0.179
201811 0.086 106.338 0.105
201902 0.034 106.649 0.041
201905 -0.106 108.048 -0.127
201908 -0.197 108.245 -0.236
201911 0.082 108.519 0.098
202002 0.019 109.139 0.023
202005 -0.195 108.175 -0.233
202008 -0.042 109.662 -0.050
202011 -0.012 109.793 -0.014
202102 -0.052 110.968 -0.061
202105 -0.112 113.576 -0.128
202108 0.022 115.421 0.025
202111 5.040 117.269 5.562
202202 0.075 119.703 0.081
202205 -0.316 123.323 -0.332
202208 0.331 124.958 0.343
202211 -5.960 125.607 -6.141
202302 96.140 126.928 98.027
202305 -0.781 128.314 -0.788
202308 -0.043 129.538 -0.043
202311 98.440 129.548 98.342
202402 -104.030 129.419 -104.030

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


Celulosa Argentina  (BUE:CELU) 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.

Celulosa Argentina's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=727.50/9.15
=79.51

* 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 Celulosa Argentina was 81.04. The lowest was 19.89. And the median was 34.18.


Be Aware

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


Celulosa Argentina E10 Related Terms

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


Celulosa Argentina (BUE:CELU) Business Description

Traded in Other Exchanges
N/A
Address
Av. Del Libertador 2442, Buenos Aires,piso 4, Olivos, ARG, B1636DSR
Celulosa Argentina SA is engaged in the manufacturing, marketing, and distribution of forest products. Its product portfolio includes Paper products, cellulose pulp, forest products as well as wood products. Geographically, the activities are carried out through Argentina.

Celulosa Argentina (BUE:CELU) Headlines

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