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Bezeq The Israeli Telecommunication (Bezeq The Israeli Telecommunication) E10 : $0.47 (As of Dec. 2023)


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What is Bezeq The Israeli Telecommunication 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.

Bezeq The Israeli Telecommunication's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.121. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.47 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bezeq The Israeli Telecommunication's average E10 Growth Rate was -5.30% per year. During the past 3 years, the average E10 Growth Rate was -22.40% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Bezeq The Israeli Telecommunication was -22.40% per year. The lowest was -22.40% per year. And the median was -22.40% per year.

As of today (2024-05-13), Bezeq The Israeli Telecommunication's current stock price is $6.27. Bezeq The Israeli Telecommunication's E10 for the quarter that ended in Dec. 2023 was $0.47. Bezeq The Israeli Telecommunication's Shiller PE Ratio of today is 13.34.

During the past 13 years, the highest Shiller PE Ratio of Bezeq The Israeli Telecommunication was 15.49. The lowest was 2.77. And the median was 12.75.


Bezeq The Israeli Telecommunication E10 Historical Data

The historical data trend for Bezeq The Israeli Telecommunication'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.

Bezeq The Israeli Telecommunication E10 Chart

Bezeq The Israeli Telecommunication 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 -1.90 1.12 0.55 0.49 0.47

Bezeq The Israeli Telecommunication 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 0.49 0.46 0.48 0.43 0.47

Competitive Comparison of Bezeq The Israeli Telecommunication's E10

For the Telecom Services subindustry, Bezeq The Israeli Telecommunication'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.


Bezeq The Israeli Telecommunication's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bezeq The Israeli Telecommunication's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bezeq The Israeli Telecommunication's Shiller PE Ratio falls into.



Bezeq The Israeli Telecommunication 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, Bezeq The Israeli Telecommunication'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)
=0.121/129.4194*129.4194
=0.121

Current CPI (Dec. 2023) = 129.4194.

Bezeq The Israeli Telecommunication Quarterly Data

per share eps CPI Adj_EPS
201403 0.228 99.695 0.296
201406 0.389 100.560 0.501
201409 0.215 100.428 0.277
201412 0.201 99.070 0.263
201503 0.228 99.621 0.296
201506 0.228 100.684 0.293
201509 0.201 100.392 0.259
201512 0.174 99.792 0.226
201603 0.134 100.470 0.173
201606 0.188 101.688 0.239
201609 0.188 101.861 0.239
201612 0.094 101.863 0.119
201703 0.174 102.862 0.219
201706 0.174 103.349 0.218
201709 0.161 104.136 0.200
201712 0.099 104.011 0.123
201803 0.121 105.290 0.149
201806 0.094 106.317 0.114
201809 0.107 106.507 0.130
201812 -0.864 105.998 -1.055
201903 0.148 107.251 0.179
201906 -0.765 108.070 -0.916
201909 0.080 108.329 0.096
201912 -0.042 108.420 -0.050
202003 0.161 108.902 0.191
202006 0.134 108.767 0.159
202009 0.013 109.815 0.015
202012 0.080 109.897 0.094
202103 0.201 111.754 0.233
202106 0.148 114.631 0.167
202109 0.134 115.734 0.150
202112 0.094 117.630 0.103
202203 0.134 121.301 0.143
202206 0.148 125.017 0.153
202209 0.148 125.227 0.153
202212 0.054 125.222 0.056
202303 0.148 127.348 0.150
202306 0.161 128.729 0.162
202309 0.148 129.860 0.147
202312 0.121 129.419 0.121

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


Bezeq The Israeli Telecommunication  (OTCPK:BZQIY) 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.

Bezeq The Israeli Telecommunication's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.27/0.47
=13.34

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Bezeq The Israeli Telecommunication was 15.49. The lowest was 2.77. And the median was 12.75.


Be Aware

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


Bezeq The Israeli Telecommunication E10 Related Terms

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Bezeq The Israeli Telecommunication (Bezeq The Israeli Telecommunication) Business Description

Traded in Other Exchanges
Address
132 Menachem Begin Avenue, Azrieli Center, (Triangle Tower), 27th Floor, Tel Aviv, ISR, 61620
Bezeq The Israeli Telecommunication Corp Ltd is a triple-play telecommunications company. The company generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone, Bezeq International, and DBS Satellite Services. The Bezeq segment generates revenue from fixed-line communications and contributes the majority of overall company revenue. Pelephone derives revenue from the provision of mobile services. Bezeq International and DBS Satellite Services produce revenue from the provision of Internet services and satellite TV services, respectively. The company owns telecommunications infrastructure, such as fibre networks. It generates the vast majority of its revenue in Israel.