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Metrovias (BUE:MVIA) E10 : ARS10.60 (As of Sep. 2022)


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What is Metrovias 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.

Metrovias's adjusted earnings per share data for the three months ended in Sep. 2022 was ARS-25.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS10.60 for the trailing ten years ended in Sep. 2022.

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 (2024-06-16), Metrovias's current stock price is ARS3.63. Metrovias's E10 for the quarter that ended in Sep. 2022 was ARS10.60. Metrovias's Shiller PE Ratio of today is 0.34.


Metrovias E10 Historical Data

The historical data trend for Metrovias'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.

Metrovias E10 Chart

Metrovias Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,632.99 15.28 15.47

Metrovias Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 17.49 15.47 14.51 13.05 10.60

Competitive Comparison of Metrovias's E10

For the Railroads subindustry, Metrovias'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.


Metrovias's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Metrovias's Shiller PE Ratio distribution charts can be found below:

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



Metrovias 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, Metrovias's adjusted earnings per share data for the three months ended in Sep. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-25.38/125.2265*125.2265
=-25.380

Current CPI (Sep. 2022) = 125.2265.

Metrovias Quarterly Data

per share eps CPI Adj_EPS
201212 -0.250 96.871 -0.323
201303 -0.290 98.209 -0.370
201306 0.350 98.518 0.445
201309 0.400 98.790 0.507
201312 0.140 98.326 0.178
201403 -0.100 99.695 -0.126
201406 -0.490 100.560 -0.610
201409 0.570 100.428 0.711
201412 0.934 99.070 1.181
201503 -0.150 99.621 -0.189
201506 -0.150 100.684 -0.187
201509 0.620 100.392 0.773
201512 0.279 99.792 0.350
201603 0.790 100.470 0.985
201606 0.180 101.688 0.222
201609 0.300 101.861 0.369
201612 0.400 101.863 0.492
201703 0.910 102.862 1.108
201706 0.330 103.349 0.400
201709 0.320 104.136 0.385
201712 3.070 104.011 3.696
201803 2.160 105.290 2.569
201806 0.290 106.317 0.342
201809 1.890 106.507 2.222
201812 1.435 105.998 1.695
201903 4.980 107.251 5.815
201906 4.170 108.070 4.832
201909 33.950 108.329 39.245
201912 27.646 108.420 31.931
202003 13.680 108.902 15.731
202006 19.330 108.767 22.255
202009 3.000 109.815 3.421
202012 20.460 109.897 23.314
202103 17.790 111.754 19.935
202106 10.960 114.631 11.973
202109 -3.440 115.734 -3.722
202112 -23.484 117.630 -25.001
202203 -15.250 121.301 -15.744
202206 -19.380 125.017 -19.413
202209 -25.380 125.227 -25.380

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


Metrovias  (BUE:MVIA) 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.

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

Shiller PE Ratio=Share Price/E10
=3.63/10.6
=0.34

* 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.


Be Aware

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


Metrovias E10 Related Terms

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


Metrovias (BUE:MVIA) Business Description

Traded in Other Exchanges
N/A
Address
Bartolomé Mitre 3342, Buenos Aires, ARG
Metrovias SA is engaged in the operation, maintenance, and management of the public transport network.

Metrovias (BUE:MVIA) Headlines

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