GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Euro Menkul Kiymet Yatirim Ortakligi AS (IST:EUYO) » Definitions » E10

Euro Menkul Kiymet Yatirim Ortakligi AS (IST:EUYO) E10 : ₺0.22 (As of Sep. 2023)


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

What is Euro Menkul Kiymet Yatirim Ortakligi AS 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.

Euro Menkul Kiymet Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Sep. 2023 was ₺0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺0.22 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Euro Menkul Kiymet Yatirim Ortakligi AS's average E10 Growth Rate was 37.50% 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.

As of today (2024-05-01), Euro Menkul Kiymet Yatirim Ortakligi AS's current stock price is ₺16.75. Euro Menkul Kiymet Yatirim Ortakligi AS's E10 for the quarter that ended in Sep. 2023 was ₺0.22. Euro Menkul Kiymet Yatirim Ortakligi AS's Shiller PE Ratio of today is 76.14.

During the past 13 years, the highest Shiller PE Ratio of Euro Menkul Kiymet Yatirim Ortakligi AS was 99.64. The lowest was 17.20. And the median was 29.83.


Euro Menkul Kiymet Yatirim Ortakligi AS E10 Historical Data

The historical data trend for Euro Menkul Kiymet Yatirim Ortakligi AS'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.

Euro Menkul Kiymet Yatirim Ortakligi AS E10 Chart

Euro Menkul Kiymet Yatirim Ortakligi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.12 0.17

Euro Menkul Kiymet Yatirim Ortakligi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.16 0.17 0.17 0.19 0.22

Competitive Comparison of Euro Menkul Kiymet Yatirim Ortakligi AS's E10

For the Asset Management subindustry, Euro Menkul Kiymet Yatirim Ortakligi AS'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.


Euro Menkul Kiymet Yatirim Ortakligi AS's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Euro Menkul Kiymet Yatirim Ortakligi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Euro Menkul Kiymet Yatirim Ortakligi AS's Shiller PE Ratio falls into.



Euro Menkul Kiymet Yatirim Ortakligi AS 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, Euro Menkul Kiymet Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.31/129.8595*129.8595
=0.310

Current CPI (Sep. 2023) = 129.8595.

Euro Menkul Kiymet Yatirim Ortakligi AS Quarterly Data

per share eps CPI Adj_EPS
201303 0.001 98.209 0.001
201306 -0.008 98.518 -0.011
201309 -0.011 98.790 -0.014
201312 0.033 98.326 0.044
201403 0.093 99.695 0.121
201406 -0.046 100.560 -0.059
201409 -0.039 100.428 -0.050
201412 0.055 99.070 0.072
201503 0.003 99.621 0.004
201506 0.119 100.684 0.153
201512 -0.113 99.792 -0.147
201606 -0.042 101.688 -0.054
201612 0.051 101.863 0.065
201703 0.049 102.862 0.062
201706 0.022 103.349 0.028
201709 0.011 104.136 0.014
201712 0.012 104.011 0.015
201803 0.034 105.290 0.042
201806 -0.018 106.317 -0.022
201809 0.025 106.507 0.030
201812 -0.030 105.998 -0.037
201903 0.078 107.251 0.094
201906 0.194 108.070 0.233
201909 0.044 108.329 0.053
201912 0.094 108.420 0.113
202003 -0.028 108.902 -0.033
202006 0.203 108.767 0.242
202009 0.100 109.815 0.118
202012 0.051 109.897 0.060
202103 0.056 111.754 0.065
202106 0.070 114.631 0.079
202109 -0.010 115.734 -0.011
202112 0.054 117.630 0.060
202203 0.130 121.301 0.139
202206 0.050 125.017 0.052
202209 0.050 125.227 0.052
202212 0.080 125.222 0.083
202303 -0.010 127.348 -0.010
202306 0.200 128.729 0.202
202309 0.310 129.860 0.310

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


Euro Menkul Kiymet Yatirim Ortakligi AS  (IST:EUYO) 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.

Euro Menkul Kiymet Yatirim Ortakligi AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.75/0.22
=76.14

* 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 Euro Menkul Kiymet Yatirim Ortakligi AS was 99.64. The lowest was 17.20. And the median was 29.83.


Be Aware

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


Euro Menkul Kiymet Yatirim Ortakligi AS E10 Related Terms

Thank you for viewing the detailed overview of Euro Menkul Kiymet Yatirim Ortakligi AS's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Euro Menkul Kiymet Yatirim Ortakligi AS (IST:EUYO) Business Description

Traded in Other Exchanges
N/A
Address
Ceyhun Kansu Street. No:66, Oguz Mahallesi Balgat, Ankara, TUR
Euro Menkul Kiymet Yatirim Ortakligi AS is engaged in establishing and managing partnership portfolios. It develops and manages a portfolio of capital market instruments, focusing on gold and other minerals.

Euro Menkul Kiymet Yatirim Ortakligi AS (IST:EUYO) Headlines

No Headlines