GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kinnevik AB (STU:IV61) » Definitions » E10

Kinnevik AB (STU:IV61) E10 : €3.12 (As of Mar. 2024)


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

What is Kinnevik 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.

Kinnevik AB's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.074. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kinnevik AB's average E10 Growth Rate was -14.30% per year. During the past 3 years, the average E10 Growth Rate was -1.60% per year. During the past 5 years, the average E10 Growth Rate was 7.30% 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 Kinnevik AB was 15.50% per year. The lowest was -1.60% per year. And the median was 7.40% per year.

As of today (2024-06-16), Kinnevik AB's current stock price is €8.575. Kinnevik AB's E10 for the quarter that ended in Mar. 2024 was €3.12. Kinnevik AB's Shiller PE Ratio of today is 2.75.

During the past 13 years, the highest Shiller PE Ratio of Kinnevik AB was 14.43. The lowest was 2.43. And the median was 7.92.


Kinnevik AB E10 Historical Data

The historical data trend for Kinnevik 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.

Kinnevik AB E10 Chart

Kinnevik 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 1.57 2.21 3.86 3.65 3.34

Kinnevik 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 3.44 3.24 3.41 3.34 3.12

Competitive Comparison of Kinnevik AB's E10

For the Asset Management subindustry, Kinnevik 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.


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

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

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



Kinnevik 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, Kinnevik 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)
=-0.074/132.2054*132.2054
=-0.074

Current CPI (Mar. 2024) = 132.2054.

Kinnevik AB Quarterly Data

per share eps CPI Adj_EPS
201406 1.653 100.432 2.176
201409 3.204 100.161 4.229
201412 3.012 100.225 3.973
201503 -0.148 99.950 -0.196
201506 2.105 99.995 2.783
201509 -1.996 100.228 -2.633
201512 0.532 100.276 0.701
201603 -3.989 100.751 -5.234
201606 -0.432 101.019 -0.565
201609 3.766 101.138 4.923
201612 -0.778 102.022 -1.008
201703 2.685 102.022 3.479
201706 1.706 102.752 2.195
201709 1.432 103.279 1.833
201712 1.812 103.793 2.308
201803 0.965 103.962 1.227
201806 1.886 104.875 2.378
201809 -4.677 105.679 -5.851
201812 -2.924 105.912 -3.650
201903 4.741 105.886 5.919
201906 2.032 106.742 2.517
201909 1.005 107.214 1.239
201912 -0.384 107.766 -0.471
202003 -2.783 106.563 -3.453
202006 8.491 107.498 10.443
202009 6.983 107.635 8.577
202012 1.336 108.296 1.631
202103 2.149 108.360 2.622
202106 4.443 108.928 5.392
202109 -0.112 110.338 -0.134
202112 -1.221 112.486 -1.435
202203 -1.546 114.825 -1.780
202206 -2.271 118.384 -2.536
202209 -1.046 122.296 -1.131
202212 -1.652 126.365 -1.728
202303 0.810 127.042 0.843
202306 -0.430 129.407 -0.439
202309 -0.983 130.224 -0.998
202312 -0.835 131.912 -0.837
202403 -0.074 132.205 -0.074

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


Kinnevik AB  (STU:IV61) 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.

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

Shiller PE Ratio=Share Price/E10
=8.575/3.12
=2.75

* 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 Kinnevik AB was 14.43. The lowest was 2.43. And the median was 7.92.


Be Aware

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


Kinnevik AB E10 Related Terms

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


Kinnevik AB (STU:IV61) Business Description

Address
Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13
Kinnevik AB is an operationally oriented investment group with an entrepreneurial focus on building digital brands. It concentrates its growth-style investment efforts on four sectors: TMT, e-commerce and marketplaces, Healthcare and financial services. Nearly all of its capital is committed to the communication and e-commerce and marketplace sectors. The group, through its various subsidiaries, is geographically diversified and operationally present in over 80 countries. Kinnevik's bias is toward investing in emerging markets because of the opportunity afforded by these markets' reliance on legacy products and services. A key component of its strategy is to create consumer choice of solutions in markets where supply may have been previously constrained.

Kinnevik AB (STU:IV61) Headlines

No Headlines