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Alvarion, (FRA:BZC) E10 : €0.00 (As of Mar. 2013)


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What is Alvarion, 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.

Alvarion,'s adjusted earnings per share data for the three months ended in Mar. 2013 was €-0.857. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Mar. 2013.

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 (2024-06-25), Alvarion,'s current stock price is €0.44. Alvarion,'s E10 for the quarter that ended in Mar. 2013 was €0.00. Alvarion,'s Shiller PE Ratio of today is .


Alvarion, E10 Historical Data

The historical data trend for Alvarion,'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.

Alvarion, E10 Chart

Alvarion, Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
E10
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Alvarion, Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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Competitive Comparison of Alvarion,'s E10

For the Telecom Services subindustry, Alvarion,'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.


Alvarion,'s Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Alvarion,'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Alvarion,'s Shiller PE Ratio falls into.



Alvarion, 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, Alvarion,'s adjusted earnings per share data for the three months ended in Mar. 2013 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2013 (Change)*Current CPI (Mar. 2013)
=-0.857/98.2094*98.2094
=-0.857

Current CPI (Mar. 2013) = 98.2094.

Alvarion, Quarterly Data

per share eps CPI Adj_EPS
200306 -0.943 77.505 -1.195
200309 -0.355 78.138 -0.446
200312 0.012 77.758 0.015
200403 0.163 79.066 0.202
200406 0.329 80.037 0.404
200409 0.491 80.121 0.602
200412 -30.911 80.290 -37.810
200503 0.076 81.555 0.092
200506 -0.494 82.062 -0.591
200509 -0.735 83.876 -0.861
200512 -0.609 83.032 -0.720
200603 -0.665 84.298 -0.775
200606 -3.555 85.606 -4.078
200609 -0.236 85.606 -0.271
200612 -0.772 85.142 -0.890
200703 -0.075 86.640 -0.085
200706 0.000 87.906 0.000
200709 0.072 87.964 0.080
200712 1.205 88.616 1.335
200803 -0.064 90.090 -0.070
200806 -0.064 92.320 -0.068
200809 0.070 92.307 0.074
200812 -0.576 88.697 -0.638
200903 -0.077 89.744 -0.084
200906 -0.428 91.003 -0.462
200909 -0.137 91.120 -0.148
200912 -0.144 91.111 -0.155
201003 -0.590 91.821 -0.631
201006 -1.391 91.962 -1.486
201009 -0.763 92.162 -0.813
201012 0.000 92.474 0.000
201103 -1.640 94.283 -1.708
201106 0.069 95.235 0.071
201109 -0.872 95.727 -0.895
201112 -1.491 95.213 -1.538
201203 -0.833 96.783 -0.845
201206 -1.355 96.819 -1.374
201209 -2.561 97.633 -2.576
201212 -2.142 96.871 -2.172
201303 -0.857 98.209 -0.857

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


Alvarion,  (FRA:BZC) 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.


Be Aware

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


Alvarion, E10 Related Terms

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


Alvarion, (FRA:BZC) Business Description

Traded in Other Exchanges
N/A
Address
21A HaBarzel Street, Tel Aviv, ISR, 69710
Alvarion Ltd is an Israel based company that designs, develops & markets wireless products. The company provides autonomous Wi-Fi networks designed with self-organizing capabilities. Its systems are used for providing Internet access & voice and data services for subscribers, for the feeding of cellular networks, for building connectivity, & for wireless local area network. Its products include Avidity WBSac Bolster WBSn, Arena Controller, BreezeACCESS VL, BreezeMAX Extreme, BreezeNET B and BreezeUltra. The company designs solutions for Carrier Wi-Fi, Enterprise Connectivity, Smart City, Smart Hospitality, Connected Campuses and Connected Events that are both complete and heterogeneous to ensure ease of use and optimize operational efficiency.

Alvarion, (FRA:BZC) Headlines