GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Vietnam National Reinsurance Corp (HSTC:VNR) » Definitions » E10

Vietnam National Reinsurance (HSTC:VNR) E10 : ₫1,963.11 (As of Sep. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Vietnam National Reinsurance 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.

Vietnam National Reinsurance's adjusted earnings per share data for the three months ended in Sep. 2024 was ₫-251.818. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₫1,963.11 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Vietnam National Reinsurance's average E10 Growth Rate was -3.80% 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 (2025-03-24), Vietnam National Reinsurance's current stock price is ₫24300.00. Vietnam National Reinsurance's E10 for the quarter that ended in Sep. 2024 was ₫1,963.11. Vietnam National Reinsurance's Shiller PE Ratio of today is 12.38.

During the past 13 years, the highest Shiller PE Ratio of Vietnam National Reinsurance was 15.74. The lowest was 7.69. And the median was 10.78.


Vietnam National Reinsurance E10 Historical Data

The historical data trend for Vietnam National Reinsurance'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.

Vietnam National Reinsurance E10 Chart

Vietnam National Reinsurance 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 - - 1,941.53 2,003.60 2,009.27

Vietnam National Reinsurance 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 2,040.57 2,009.27 2,003.07 2,028.61 1,963.11

Competitive Comparison of Vietnam National Reinsurance's E10

For the Insurance - Reinsurance subindustry, Vietnam National Reinsurance'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.


Vietnam National Reinsurance's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Vietnam National Reinsurance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Vietnam National Reinsurance's Shiller PE Ratio falls into.



Vietnam National Reinsurance 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, Vietnam National Reinsurance'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)
=-251.818/133.0289*133.0289
=-251.818

Current CPI (Sep. 2024) = 133.0289.

Vietnam National Reinsurance Quarterly Data

per share eps CPI Adj_EPS
201412 356.696 99.070 478.965
201503 298.958 99.621 399.213
201506 287.460 100.684 379.807
201509 454.186 100.392 601.842
201512 224.134 99.792 298.783
201603 268.775 100.470 355.874
201606 321.236 101.688 420.243
201609 332.734 101.861 434.545
201612 326.337 101.863 426.184
201703 324.111 102.862 419.164
201706 355.013 103.349 456.966
201709 444.125 104.136 567.351
201712 222.773 104.011 284.924
201803 355.731 105.290 449.451
201806 380.165 106.317 475.681
201809 421.847 106.507 526.895
201812 394.421 105.998 495.004
201903 404.599 107.251 501.847
201906 300.395 108.070 369.773
201909 374.416 108.329 459.784
201912 410.429 108.420 503.587
202003 112.828 108.902 137.825
202006 512.397 108.767 626.692
202009 758.678 109.815 919.057
202012 434.711 109.897 526.213
202103 696.694 111.754 829.322
202106 395.041 114.631 458.442
202109 511.570 115.734 588.016
202112 386.777 117.630 437.412
202203 458.476 121.301 502.803
202206 512.397 125.017 545.236
202209 392.562 125.227 417.021
202212 674.380 125.222 716.425
202303 1,116.364 127.348 1,166.166
202306 569.091 128.729 588.102
202309 270.909 129.860 277.521
202312 224.214 129.419 230.467
202403 768.182 131.776 775.485
202406 831.818 132.554 834.799
202409 -251.818 133.029 -251.818

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


Vietnam National Reinsurance  (HSTC:VNR) 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.

Vietnam National Reinsurance's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24300.00/1963.11
=12.38

* 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 Vietnam National Reinsurance was 15.74. The lowest was 7.69. And the median was 10.78.


Be Aware

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


Vietnam National Reinsurance E10 Related Terms

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


Vietnam National Reinsurance Business Description

Traded in Other Exchanges
N/A
Address
141 Le Duan Street, Floor 7, Hoan Kiem District, Hanoi, VNM
Vietnam National Reinsurance Corporation is engaged in the reinsurance business. It provides property insurance in case of fire and industrial risk; construction, erection, machinery, electronic equipment insurance; marine insurance; and miscellaneous insurance. The company also offers aviation, energy, and life and other insurance businesses.

Vietnam National Reinsurance Headlines

No Headlines