GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Evolution AB (OTCPK:EVVTY) » Definitions » E10

Evolution AB (Evolution AB) E10 : $1.83 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Evolution 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.

Evolution AB's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.359. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.83 for the trailing ten years ended in Mar. 2024.

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 (2024-05-21), Evolution AB's current stock price is $110.40. Evolution AB's E10 for the quarter that ended in Mar. 2024 was $1.83. Evolution AB's Shiller PE Ratio of today is 60.33.

During the past 12 years, the highest Shiller PE Ratio of Evolution AB was 76.13. The lowest was 20.50. And the median was 28.39.


Evolution AB E10 Historical Data

The historical data trend for Evolution 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.

Evolution AB E10 Chart

Evolution AB 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 - - - - 1.80

Evolution AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 4.24 4.34 1.80 1.83

Competitive Comparison of Evolution AB's E10

For the Gambling subindustry, Evolution 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.


Evolution AB's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Shiller PE Ratio distribution charts can be found below:

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



Evolution 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, Evolution AB's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.359/132.2054*132.2054
=1.359

Current CPI (Mar. 2024) = 132.2054.

Evolution AB Quarterly Data

per share eps CPI Adj_EPS
201406 0.023 100.432 0.030
201409 0.024 100.161 0.032
201412 0.027 100.225 0.036
201503 0.009 99.950 0.012
201506 0.036 99.995 0.048
201509 0.036 100.228 0.047
201512 0.044 100.276 0.058
201603 0.047 100.751 0.062
201606 0.047 101.019 0.062
201609 0.047 101.138 0.061
201612 0.053 102.022 0.069
201703 0.075 102.022 0.097
201706 0.090 102.752 0.116
201709 0.110 103.279 0.141
201712 0.118 103.793 0.150
201803 0.111 103.962 0.141
201806 0.129 104.875 0.163
201809 0.140 105.679 0.175
201812 0.159 105.912 0.198
201903 0.181 105.886 0.226
201906 0.215 106.742 0.266
201909 0.242 107.214 0.298
201912 0.289 107.766 0.355
202003 0.331 106.563 0.411
202006 0.428 107.498 0.526
202009 0.495 107.635 0.608
202012 0.499 108.296 0.609
202103 0.714 108.360 0.871
202106 0.783 108.928 0.950
202109 0.835 110.338 1.000
202112 0.870 112.486 1.023
202203 0.991 114.825 1.141
202206 0.983 118.384 1.098
202209 1.010 122.296 1.092
202212 1.091 126.365 1.141
202303 1.221 127.042 1.271
202306 1.322 129.407 1.351
202309 1.345 130.224 1.365
202312 1.429 131.912 1.432
202403 1.359 132.205 1.359

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


Evolution AB  (OTCPK:EVVTY) 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.

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

Shiller PE Ratio=Share Price/E10
=110.40/1.83
=60.33

* 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 12 years, the highest Shiller P/E Ratio of Evolution AB was 76.13. The lowest was 20.50. And the median was 28.39.


Be Aware

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


Evolution AB E10 Related Terms

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


Evolution AB (Evolution AB) Business Description

Address
Hamngatan 11, Stockholm, SWE, SE-111 47
Evolution AB is a B2B provider of live and slots casino systems. The Company develops, produces, markets, and licenses fully integrated online casino systems to gaming operators. The company provides business-to-business solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators. The company generates the vast majority of its revenue from Asia.