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VNV Global AB (CHIX:VNVS) E10 : kr3.35 (As of Dec. 2024)


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What is VNV Global AB 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.

VNV Global AB's adjusted earnings per share data for the three months ended in Dec. 2024 was kr0.549. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr3.35 for the trailing ten years ended in Dec. 2024.

During the past 12 months, VNV Global AB's average E10 Growth Rate was 29.10% per year. During the past 3 years, the average E10 Growth Rate was -36.80% per year. During the past 5 years, the average E10 Growth Rate was -26.70% 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 VNV Global AB was 13.90% per year. The lowest was -38.90% per year. And the median was -17.70% per year.

As of today (2025-04-01), VNV Global AB's current stock price is kr20.39. VNV Global AB's E10 for the quarter that ended in Dec. 2024 was kr3.35. VNV Global AB's Shiller PE Ratio of today is 6.09.

During the past 13 years, the highest Shiller PE Ratio of VNV Global AB was 12.23. The lowest was 2.23. And the median was 7.00.


VNV Global AB E10 Historical Data

The historical data trend for VNV Global AB'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.

VNV Global AB E10 Chart

VNV Global AB 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 10.22 11.97 5.01 1.54 3.35

VNV Global AB 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 1.54 2.00 3.06 2.87 3.35

Competitive Comparison of VNV Global AB's E10

For the Asset Management subindustry, VNV Global AB'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.


VNV Global AB's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, VNV Global AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where VNV Global AB's Shiller PE Ratio falls into.


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VNV Global AB 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, VNV Global AB'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)
=0.549/132.9872*132.9872
=0.549

Current CPI (Dec. 2024) = 132.9872.

VNV Global AB Quarterly Data

per share eps CPI Adj_EPS
201503 1.390 99.950 1.849
201506 4.271 99.995 5.680
201509 10.647 100.228 14.127
201512 -0.569 100.276 -0.755
201603 0.479 100.751 0.632
201606 2.066 101.019 2.720
201609 6.286 101.138 8.266
201612 5.727 102.022 7.465
201703 1.706 102.022 2.224
201706 -0.830 102.752 -1.074
201709 0.690 103.279 0.888
201712 13.653 103.793 17.493
201803 2.445 103.962 3.128
201806 -1.432 104.875 -1.816
201809 1.968 105.679 2.477
201812 -3.716 105.912 -4.666
201903 -2.935 105.886 -3.686
201906 12.965 106.742 16.153
201909 -1.156 107.214 -1.434
201912 10.296 107.766 12.706
202003 -5.666 106.563 -7.071
202006 4.343 107.498 5.373
202009 3.691 107.635 4.560
202012 16.599 108.296 20.384
202103 2.035 108.360 2.498
202106 8.083 108.928 9.868
202109 12.009 110.338 14.474
202112 -18.401 112.486 -21.755
202203 -18.225 114.825 -21.108
202206 -28.298 118.384 -31.789
202209 -15.056 122.296 -16.372
202212 -6.953 126.365 -7.317
202303 7.648 127.042 8.006
202306 -0.215 129.407 -0.221
202309 -1.330 130.224 -1.358
202312 -3.488 131.912 -3.516
202403 0.035 132.205 0.035
202406 -5.348 132.716 -5.359
202409 -2.046 132.304 -2.057
202412 0.549 132.987 0.549

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


VNV Global AB  (CHIX:VNVs) 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.

VNV Global AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.39/3.35
=6.09

* 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 VNV Global AB was 12.23. The lowest was 2.23. And the median was 7.00.


Be Aware

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


VNV Global AB E10 Related Terms

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


VNV Global AB Business Description

Traded in Other Exchanges
Address
Master Samuelsgatan 1, 1st Floor, Stockholm, SWE, SE 111 44
VNV Global AB is an investment company that invests in unlisted companies in both developed and emerging markets. Its focus is on long-term investments with the potential for value appreciation, particularly in businesses with network effects. Its investment portfolio mainly comprises holdings in digital health, mobility, classifieds, and other sectors. Majority company invest in mobility, and marketplace.

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