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Euronext NV (CHIX:ENXP) E10 : €3.74 (As of Dec. 2024)


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What is Euronext NV 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.

Euronext NV's adjusted earnings per share data for the three months ended in Dec. 2024 was €1.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.74 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Euronext NV's average E10 Growth Rate was 6.70% per year. During the past 3 years, the average E10 Growth Rate was 9.20% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Euronext NV was 9.20% per year. The lowest was 4.20% per year. And the median was 6.70% per year.

As of today (2025-03-25), Euronext NV's current stock price is €127.45. Euronext NV's E10 for the quarter that ended in Dec. 2024 was €3.74. Euronext NV's Shiller PE Ratio of today is 34.08.

During the past 13 years, the highest Shiller PE Ratio of Euronext NV was 36.30. The lowest was 17.65. And the median was 25.04.


Euronext NV E10 Historical Data

The historical data trend for Euronext NV'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.

Euronext NV E10 Chart

Euronext NV 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 3.16 2.88 3.48 3.50 3.74

Euronext NV 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 3.50 3.75 4.06 3.80 3.74

Competitive Comparison of Euronext NV's E10

For the Financial Data & Stock Exchanges subindustry, Euronext NV'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.


Euronext NV's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Euronext NV's Shiller PE Ratio distribution charts can be found below:

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



Euronext NV 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, Euronext NV'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)
=1.39/131.6300*131.6300
=1.390

Current CPI (Dec. 2024) = 131.6300.

Euronext NV Quarterly Data

per share eps CPI Adj_EPS
201503 0.621 99.750 0.819
201506 0.374 100.230 0.491
201509 0.621 100.500 0.813
201512 0.630 99.730 0.832
201603 0.630 100.310 0.827
201606 0.639 100.260 0.839
201609 -0.776 100.570 -1.016
201612 2.072 100.710 2.708
201703 0.575 101.440 0.746
201706 0.703 101.370 0.913
201709 -0.785 102.030 -1.013
201712 2.647 101.970 3.417
201803 0.785 102.470 1.008
201806 0.730 103.100 0.932
201809 -0.858 103.950 -1.086
201812 2.164 103.970 2.740
201903 0.730 105.370 0.912
201906 0.694 105.840 0.863
201909 -0.603 106.700 -0.744
201912 2.063 106.800 2.543
202003 1.251 106.850 1.541
202006 0.876 107.510 1.073
202009 -1.216 107.880 -1.484
202012 3.210 107.850 3.918
202103 1.290 108.870 1.560
202106 0.880 109.670 1.056
202109 -1.090 110.790 -1.295
202112 3.210 114.010 3.706
202203 1.350 119.460 1.488
202206 1.110 119.050 1.227
202209 -1.750 126.890 -1.815
202212 3.390 124.940 3.572
202303 0.900 124.720 0.950
202306 1.120 125.830 1.172
202309 -0.460 127.160 -0.476
202312 1.240 126.450 1.291
202403 1.340 128.580 1.372
202406 1.370 129.910 1.388
202409 -1.180 131.610 -1.180
202412 1.390 131.630 1.390

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


Euronext NV  (CHIX:ENXp) 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.

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

Shiller PE Ratio=Share Price/E10
=127.45/3.74
=34.08

* 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 Euronext NV was 36.30. The lowest was 17.65. And the median was 25.04.


Be Aware

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


Euronext NV E10 Related Terms

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


Euronext NV Business Description

Traded in Other Exchanges
Address
Beursplein 5, Amsterdam, NLD, 1012 JW
Euronext is a financial exchange group with trading venues in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris, covering primarily cash equities, fixed income, and index and single stock derivatives. With the acquisition of Borsa Italiana, Euronext has also taken control of CC&G, the Italian multi-asset clearing house, as well as Monte Titoli, the Italian central securities depository. This complements Euronext's other CSDs in Norway, Denmark and Portugal. Euronext is the owner of the CAC40, AEX, BEL 20, ISEQ 20, OBX, and PSI 20 indexes.

Euronext NV Headlines

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