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Demetra Holdings (CYS:DEM) E10 : €0.15 (As of Sep. 2024)


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What is Demetra Holdings 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.

Demetra Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.017. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.15 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Demetra Holdings's average E10 Growth Rate was 25.00% 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.

As of today (2025-03-02), Demetra Holdings's current stock price is €1.59. Demetra Holdings's E10 for the quarter that ended in Sep. 2024 was €0.15. Demetra Holdings's Shiller PE Ratio of today is 10.60.

During the past 13 years, the highest Shiller PE Ratio of Demetra Holdings was 13.93. The lowest was 4.78. And the median was 6.65.


Demetra Holdings E10 Historical Data

The historical data trend for Demetra Holdings'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.

Demetra Holdings E10 Chart

Demetra Holdings 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 - - 0.03 0.07 0.13

Demetra Holdings 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 0.12 0.13 0.13 0.14 0.15

Competitive Comparison of Demetra Holdings's E10

For the Asset Management subindustry, Demetra Holdings'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.


Demetra Holdings's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Demetra Holdings 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, Demetra Holdings'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)
=0.017/133.0289*133.0289
=0.017

Current CPI (Sep. 2024) = 133.0289.

Demetra Holdings Quarterly Data

per share eps CPI Adj_EPS
201412 -0.073 99.070 -0.098
201503 -0.008 99.621 -0.011
201506 -0.015 100.684 -0.020
201509 -0.019 100.392 -0.025
201512 -0.031 99.792 -0.041
201603 -0.012 100.470 -0.016
201606 -0.026 101.688 -0.034
201609 0.000 101.861 0.000
201612 -0.007 101.863 -0.009
201703 0.013 102.862 0.017
201706 0.013 103.349 0.017
201709 0.006 104.136 0.008
201712 -0.023 104.011 -0.029
201803 -0.005 105.290 -0.006
201806 0.030 106.317 0.038
201809 -0.006 106.507 -0.007
201812 0.011 105.998 0.014
201903 0.027 107.251 0.033
201906 0.032 108.070 0.039
201909 -0.025 108.329 -0.031
201912 0.638 108.420 0.783
202003 -0.018 108.902 -0.022
202006 0.025 108.767 0.031
202009 0.025 109.815 0.030
202012 0.014 109.897 0.017
202103 0.014 111.754 0.017
202106 0.022 114.631 0.026
202109 0.001 115.734 0.001
202112 -0.010 117.630 -0.011
202203 0.037 121.301 0.041
202206 0.043 125.017 0.046
202209 0.021 125.227 0.022
202212 -0.057 125.222 -0.061
202303 0.078 127.348 0.081
202306 0.106 128.729 0.110
202309 0.109 129.860 0.112
202312 0.138 129.419 0.142
202403 0.100 131.776 0.101
202406 0.095 132.554 0.095
202409 0.017 133.029 0.017

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


Demetra Holdings  (CYS:DEM) 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.

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

Shiller PE Ratio=Share Price/E10
=1.59/0.15
=10.60

* 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 Demetra Holdings was 13.93. The lowest was 4.78. And the median was 6.65.


Be Aware

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


Demetra Holdings E10 Related Terms

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


Demetra Holdings Business Description

Traded in Other Exchanges
N/A
Address
13, Limassol Avenue, 2112 Aglantzia, 5th Floor, , P.O. Box 23582, Nicosia, CYP, 1684
Demetra Holdings PLC is a closed-end, internally managed, investment fund. The company's business consists of managing investments across multiple asset classes including capital markets, real estate, and private equity. Its portfolio includes equities and other listed securities, fixed-income securities, cash and cash equivalents, private equity, and real estate investments. The company's investment objective is to maximize its shareholders' value.