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Garanti Yatirim Ortakligi AS (IST:GRNYO) E10 : ₺-0.08 (As of Dec. 2024)


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What is Garanti 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.

Garanti Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Dec. 2024 was ₺-0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺-0.08 for the trailing ten years ended in Dec. 2024.

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 (2025-04-05), Garanti Yatirim Ortakligi AS's current stock price is ₺8.36. Garanti Yatirim Ortakligi AS's E10 for the quarter that ended in Dec. 2024 was ₺-0.08. Garanti Yatirim Ortakligi AS's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Garanti Yatirim Ortakligi AS was 87.20. The lowest was 9.30. And the median was 41.33.


Garanti Yatirim Ortakligi AS E10 Historical Data

The historical data trend for Garanti 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.

Garanti Yatirim Ortakligi AS E10 Chart

Garanti Yatirim Ortakligi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.06 -0.02 -0.09 -0.08

Garanti Yatirim Ortakligi AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.09 -0.10 -0.05 -0.07 -0.08

Competitive Comparison of Garanti Yatirim Ortakligi AS's E10

For the Asset Management subindustry, Garanti 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.


Garanti Yatirim Ortakligi AS's Shiller PE Ratio Distribution in the Asset Management Industry

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

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


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Garanti 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, Garanti Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.06/133.1571*133.1571
=-0.060

Current CPI (Dec. 2024) = 133.1571.

Garanti Yatirim Ortakligi AS Quarterly Data

per share eps CPI Adj_EPS
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.002 100.392 0.003
201512 0.011 99.792 0.015
201603 0.027 100.470 0.036
201606 0.021 101.688 0.027
201609 -0.004 101.861 -0.005
201612 0.005 101.863 0.007
201703 0.008 102.862 0.010
201706 0.018 103.349 0.023
201709 0.005 104.136 0.006
201712 0.025 104.011 0.032
201803 0.000 105.290 0.000
201806 -0.004 106.317 -0.005
201809 0.032 106.507 0.040
201812 0.022 105.998 0.028
201903 0.023 107.251 0.029
201906 0.033 108.070 0.041
201909 0.022 108.329 0.027
201912 0.019 108.420 0.023
202003 -0.025 108.902 -0.031
202006 0.022 108.767 0.027
202009 0.011 109.815 0.013
202012 0.022 109.897 0.027
202103 0.015 111.754 0.018
202106 0.009 114.631 0.010
202109 0.004 115.734 0.005
202112 -0.002 117.630 -0.002
202203 0.149 121.301 0.164
202206 0.040 125.017 0.043
202209 0.055 125.227 0.058
202212 -0.942 125.222 -1.002
202303 -0.281 127.348 -0.294
202306 0.250 128.729 0.259
202309 -0.475 129.860 -0.487
202312 -0.037 129.419 -0.038
202403 -0.121 131.776 -0.122
202406 0.562 132.554 0.565
202409 -0.227 133.029 -0.227
202412 -0.060 133.157 -0.060

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


Garanti Yatirim Ortakligi AS  (IST:GRNYO) 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.

During the past 13 years, the highest Shiller P/E Ratio of Garanti Yatirim Ortakligi AS was 87.20. The lowest was 9.30. And the median was 41.33.


Be Aware

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


Garanti Yatirim Ortakligi AS E10 Related Terms

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


Garanti Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Maslak Mah. Ataturk Oto Sanayi, 55, Sokak 42 Maslak No:2 A Blok D:270 (A1207), Sariyer, Istanbul, TUR, 34485
Garanti Yatirim Ortakligi AS operates as an investment trust. The business activities of the company comprise portfolio and asset management. Its investment portfolio includes gold and other precious metals traded on the domestic and foreign exchange markets.

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