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Stora Enso Oyj (CHIX:STERVH) E10 : €0.99 (As of Sep. 2024)


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What is Stora Enso Oyj 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.

Stora Enso Oyj's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.99 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Stora Enso Oyj's average E10 Growth Rate was -1.90% per year. During the past 3 years, the average E10 Growth Rate was 13.90% per year. During the past 5 years, the average E10 Growth Rate was 15.80% per year. During the past 10 years, the average E10 Growth Rate was 34.50% 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 Stora Enso Oyj was 81.70% per year. The lowest was -13.30% per year. And the median was 17.15% per year.

As of today (2024-12-14), Stora Enso Oyj's current stock price is €9.795. Stora Enso Oyj's E10 for the quarter that ended in Sep. 2024 was €0.99. Stora Enso Oyj's Shiller PE Ratio of today is 9.89.

During the past 13 years, the highest Shiller PE Ratio of Stora Enso Oyj was 240.00. The lowest was 9.01. And the median was 22.23.


Stora Enso Oyj E10 Historical Data

The historical data trend for Stora Enso Oyj'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.

Stora Enso Oyj E10 Chart

Stora Enso Oyj 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 0.71 0.69 0.82 1.03 0.95

Stora Enso Oyj Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.02 0.95 1.01 1.03 0.99

Competitive Comparison of Stora Enso Oyj's E10

For the Paper & Paper Products subindustry, Stora Enso Oyj'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.


Stora Enso Oyj's Shiller PE Ratio Distribution in the Forest Products Industry

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

* The bar in red indicates where Stora Enso Oyj's Shiller PE Ratio falls into.



Stora Enso Oyj 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, Stora Enso Oyj's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.11/122.2600*122.2600
=0.110

Current CPI (Sep. 2024) = 122.2600.

Stora Enso Oyj Quarterly Data

per share eps CPI Adj_EPS
201412 -0.150 100.229 -0.183
201503 0.160 100.120 0.195
201506 0.170 100.030 0.208
201509 0.150 100.130 0.183
201512 0.530 99.990 0.648
201603 0.150 100.080 0.183
201606 0.160 100.390 0.195
201609 0.160 100.540 0.195
201612 0.120 101.020 0.145
201703 0.140 100.910 0.170
201706 0.190 101.140 0.230
201709 0.240 101.320 0.290
201712 0.220 101.510 0.265
201803 0.350 101.730 0.421
201806 0.280 102.320 0.335
201809 0.270 102.600 0.322
201812 0.380 102.710 0.452
201903 0.290 102.870 0.345
201906 0.080 103.360 0.095
201909 0.090 103.540 0.106
201912 0.660 103.650 0.779
202003 0.190 103.490 0.224
202006 0.180 103.320 0.213
202009 0.110 103.710 0.130
202012 0.300 103.890 0.353
202103 0.180 104.870 0.210
202106 0.260 105.360 0.302
202109 0.380 106.290 0.437
202112 0.770 107.490 0.876
202203 0.370 110.950 0.408
202206 0.380 113.570 0.409
202209 0.470 114.920 0.500
202212 0.740 117.320 0.771
202303 0.240 119.750 0.245
202306 -0.290 120.690 -0.294
202309 -0.040 121.280 -0.040
202312 -0.360 121.540 -0.362
202403 0.110 122.360 0.110
202406 0.060 122.230 0.060
202409 0.110 122.260 0.110

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


Stora Enso Oyj  (CHIX:STERVh) 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.

Stora Enso Oyj's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.795/0.99
=9.89

* 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 Stora Enso Oyj was 240.00. The lowest was 9.01. And the median was 22.23.


Be Aware

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


Stora Enso Oyj E10 Related Terms

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


Stora Enso Oyj Business Description

Address
P.O. Box 309, Helsinki, FIN, FI-00101
Stora Enso Oyj company develops and produces solutions based on wood and biomass for a range of industries and applications worldwide, leading in the bioeconomy. Its operating segments are Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, and others. The Packaging Solutions division develops and sells premium fiber-based packaging products and services. Its high-end eco-friendly packaging products are used by leading brands across multiple market sectors, including the retail, e-commerce, and industrial sectors. Key revenue is generated from the Packaging Solutions segment.

Stora Enso Oyj Headlines

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