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IRS (IRSA Inversiones y Representaciones) E10 : $0.19 (As of Sep. 2024)


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What is IRSA Inversiones y Representaciones 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.

IRSA Inversiones y Representaciones's adjusted earnings per share data for the three months ended in Sep. 2024 was $-1.482. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.19 for the trailing ten years ended in Sep. 2024.

During the past 12 months, IRSA Inversiones y Representaciones's average E10 Growth Rate was -63.60% 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 IRSA Inversiones y Representaciones was 314.90% per year. The lowest was -38.10% per year. And the median was 85.50% per year.

As of today (2024-12-15), IRSA Inversiones y Representaciones's current stock price is $16.45. IRSA Inversiones y Representaciones's E10 for the quarter that ended in Sep. 2024 was $0.19. IRSA Inversiones y Representaciones's Shiller PE Ratio of today is 86.58.

During the past 13 years, the highest Shiller PE Ratio of IRSA Inversiones y Representaciones was 814.44. The lowest was 8.24. And the median was 20.77.


IRSA Inversiones y Representaciones E10 Historical Data

The historical data trend for IRSA Inversiones y Representaciones'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.

IRSA Inversiones y Representaciones E10 Chart

IRSA Inversiones y Representaciones Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 -1.14 0.36 0.66 0.28

IRSA Inversiones y Representaciones 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 0.67 0.68 0.25 0.28 0.19

Competitive Comparison of IRSA Inversiones y Representaciones's E10

For the Real Estate Services subindustry, IRSA Inversiones y Representaciones'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.


IRSA Inversiones y Representaciones's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IRSA Inversiones y Representaciones's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IRSA Inversiones y Representaciones's Shiller PE Ratio falls into.



IRSA Inversiones y Representaciones 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, IRSA Inversiones y Representaciones'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)
=-1.482/133.0289*133.0289
=-1.482

Current CPI (Sep. 2024) = 133.0289.

IRSA Inversiones y Representaciones Quarterly Data

per share eps CPI Adj_EPS
201412 0.002 99.070 0.003
201503 -0.508 99.621 -0.678
201506 4.208 100.684 5.560
201509 -0.527 100.392 -0.698
201512 -0.293 99.792 -0.391
201603 -0.232 100.470 -0.307
201606 13.021 101.688 17.034
201609 0.242 101.861 0.316
201612 4.087 101.863 5.337
201703 -0.060 102.862 -0.078
201706 -5.337 103.349 -6.870
201709 0.565 104.136 0.722
201712 2.745 104.011 3.511
201803 -2.243 105.290 -2.834
201806 9.055 106.317 11.330
201809 3.866 106.507 4.829
201812 -8.090 105.998 -10.153
201903 -1.985 107.251 -2.462
201906 -17.133 108.070 -21.090
201909 1.446 108.329 1.776
201912 -2.088 108.420 -2.562
202003 -2.319 108.902 -2.833
202006 11.762 108.767 14.386
202009 2.460 109.815 2.980
202012 -2.680 109.897 -3.244
202103 -3.531 111.754 -4.203
202106 -17.810 114.631 -20.668
202109 -0.178 115.734 -0.205
202112 5.970 117.630 6.752
202203 -4.274 121.301 -4.687
202206 24.721 125.017 26.305
202209 0.281 125.227 0.299
202212 3.282 125.222 3.487
202303 2.873 127.348 3.001
202306 5.111 128.729 5.282
202309 8.802 129.860 9.017
202312 0.838 129.419 0.861
202403 -4.913 131.776 -4.960
202406 1.095 132.554 1.099
202409 -1.482 133.029 -1.482

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


IRSA Inversiones y Representaciones  (NYSE:IRS) 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.

IRSA Inversiones y Representaciones's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.45/0.19
=86.58

* 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 IRSA Inversiones y Representaciones was 814.44. The lowest was 8.24. And the median was 20.77.


Be Aware

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


IRSA Inversiones y Representaciones E10 Related Terms

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


IRSA Inversiones y Representaciones Business Description

Traded in Other Exchanges
Address
Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA
IRSA Inversiones y Representaciones SA is engaged in a diversified business. The company's operating segment includes Shopping Malls; Offices; Sales and Developments; Hotels and others. It generates maximum revenue from the Shopping Malls segment. The Shopping Malls segment comprised of lease and service revenues related to rental of commercial space and other spaces in the shopping malls of the company.