GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Merko Gida Sanayi Ve Ticaret AS (IST:MERKO) » Definitions » E10

Merko Gidanayi Ve Ticaret AS (IST:MERKO) E10 : ₺-0.40 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Merko Gidanayi Ve Ticaret 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.

Merko Gidanayi Ve Ticaret AS's adjusted earnings per share data for the three months ended in Mar. 2024 was ₺0.711. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺-0.40 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -5.40% 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 Merko Gidanayi Ve Ticaret AS was -5.40% per year. The lowest was -17.00% per year. And the median was -11.20% per year.

As of today (2024-06-24), Merko Gidanayi Ve Ticaret AS's current stock price is ₺13.03. Merko Gidanayi Ve Ticaret AS's E10 for the quarter that ended in Mar. 2024 was ₺-0.40. Merko Gidanayi Ve Ticaret AS's Shiller PE Ratio of today is .


Merko Gidanayi Ve Ticaret AS E10 Historical Data

The historical data trend for Merko Gidanayi Ve Ticaret 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.

Merko Gidanayi Ve Ticaret AS E10 Chart

Merko Gidanayi Ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Jun21 Jun22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 -0.35 -0.38 -0.40 -0.41

Merko Gidanayi Ve Ticaret AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.36 -0.40 -0.41 -0.39 -0.40

Competitive Comparison of Merko Gidanayi Ve Ticaret AS's E10

For the Packaged Foods subindustry, Merko Gidanayi Ve Ticaret 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.


Merko Gidanayi Ve Ticaret AS's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Merko Gidanayi Ve Ticaret AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Merko Gidanayi Ve Ticaret AS's Shiller PE Ratio falls into.



Merko Gidanayi Ve Ticaret 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, Merko Gidanayi Ve Ticaret AS's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.711/131.7762*131.7762
=0.711

Current CPI (Mar. 2024) = 131.7762.

Merko Gidanayi Ve Ticaret AS Quarterly Data

per share eps CPI Adj_EPS
201406 0.162 100.560 0.212
201409 -0.020 100.428 -0.026
201412 -0.052 99.070 -0.069
201503 -0.053 99.621 -0.070
201506 0.052 100.684 0.068
201509 0.002 100.392 0.003
201512 0.042 99.792 0.055
201603 -0.017 100.470 -0.022
201606 0.035 101.688 0.045
201609 -0.109 101.861 -0.141
201612 -0.318 101.863 -0.411
201703 -0.198 102.862 -0.254
201706 0.012 103.349 0.015
201709 -0.379 104.136 -0.480
201712 -0.336 104.011 -0.426
201803 -0.298 105.290 -0.373
201806 -0.526 106.317 -0.652
201809 -1.015 106.507 -1.256
201812 -0.090 105.998 -0.112
201903 -0.015 107.251 -0.018
201906 -0.273 108.070 -0.333
201909 -0.172 108.329 -0.209
201912 -0.052 108.420 -0.063
202003 -0.092 108.902 -0.111
202006 -0.273 108.767 -0.331
202009 0.193 109.815 0.232
202012 -0.048 109.897 -0.058
202103 0.082 111.754 0.097
202106 -0.018 114.631 -0.021
202109 0.015 115.734 0.017
202112 0.025 117.630 0.028
202203 0.011 121.301 0.012
202206 -0.014 125.017 -0.015
202209 0.452 125.227 0.476
202212 0.064 125.222 0.067
202303 -0.063 127.348 -0.065
202306 -0.659 128.729 -0.675
202309 0.092 129.860 0.093
202312 0.075 129.419 0.076
202403 0.711 131.776 0.711

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


Merko Gidanayi Ve Ticaret AS  (IST:MERKO) 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.


Be Aware

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


Merko Gidanayi Ve Ticaret AS E10 Related Terms

Thank you for viewing the detailed overview of Merko Gidanayi Ve Ticaret AS's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Merko Gidanayi Ve Ticaret AS (IST:MERKO) Business Description

Traded in Other Exchanges
N/A
Address
Balmumcu Mah. Mustafa Izzet Efendi Sk. No: 9, K:2 Besiktas, Istanbul, TUR
Merko Gida Sanayi Ve Ticaret AS is engaged in the manufacture and exporter of frozen fruits, vegetables, and tomato. The company's products are categorized as tomato paste, aseptic diced tomato, and tomato juice concentrate.

Merko Gidanayi Ve Ticaret AS (IST:MERKO) Headlines

No Headlines