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Prada SpA (HKSE:01913) E10 : HK$1.39 (As of Dec. 2023)


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What is Prada SpA 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.

Prada SpA's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was HK$2.231. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is HK$1.39 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Prada SpA's average E10 Growth Rate was -4.80% per year. During the past 3 years, the average E10 Growth Rate was 1.50% 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 Prada SpA was 1.50% per year. The lowest was -7.40% per year. And the median was -2.95% per year.

As of today (2024-04-29), Prada SpA's current stock price is HK$ 63.80. Prada SpA's E10 for the fiscal year that ended in Dec. 2023 was HK$1.39. Prada SpA's Shiller PE Ratio of today is 45.90.

During the past 13 years, the highest Shiller PE Ratio of Prada SpA was 46.08. The lowest was 29.71. And the median was 37.83.


Prada SpA E10 Historical Data

The historical data trend for Prada SpA'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.

Prada SpA E10 Chart

Prada SpA Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 1.33 1.36 1.46 1.39

Prada SpA Quarterly Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 1.46 - - 1.39

Competitive Comparison of Prada SpA's E10

For the Luxury Goods subindustry, Prada SpA'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.


Prada SpA's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Prada SpA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Prada SpA's Shiller PE Ratio falls into.



Prada SpA 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, Prada SpA's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.231/119.5000*119.5000
=2.231

Current CPI (Dec. 2023) = 119.5000.

Prada SpA Annual Data

per_share_eps CPI Adj_EPS
201401 2.589 99.907 3.097
201501 1.585 99.349 1.906
201601 1.090 99.600 1.308
201701 0.899 100.600 1.068
201812 0.712 102.300 0.832
201912 0.867 102.800 1.008
202012 -0.198 102.600 -0.231
202112 1.013 106.600 1.136
202212 1.501 119.000 1.507
202312 2.231 119.500 2.231

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


Prada SpA  (HKSE:01913) 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.

Prada SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=63.80/1.39
=45.90

* 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 Prada SpA was 46.08. The lowest was 29.71. And the median was 37.83.


Be Aware

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


Prada SpA E10 Related Terms

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


Prada SpA (HKSE:01913) Business Description

Traded in Other Exchanges
Address
Via Antonio Fogazzaro, 28, Milan, ITA, 20135
Prada is a family owned holding comprising Prada brand, a younger and more fashion-oriented Miu Miu, and two classic shoe brands: Church's and Car Shoe. The company generates more than EUR 4.2 billion in sales, with almost 90% from the Prada brand. Leather goods make up 50% of retail sales, ready-to-wear 29%, footwear 18%, and licensing (mainly eyewear and fragrances) 3%. Geographically, Asia is the biggest region with 33% of retail sales, followed by Europe at 32%, 21% in the Americas, and 10% in Japan.

Prada SpA (HKSE:01913) Headlines

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