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Worsley Investors (LSE:WINV) E10 : £-0.01 (As of Sep. 2023)


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What is Worsley Investors 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.

Worsley Investors's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was £0.031. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £-0.01 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average E10 Growth Rate was 20.60% per year. During the past 5 years, the average E10 Growth Rate was 34.00% 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 Worsley Investors was 41.50% per year. The lowest was -35.70% per year. And the median was 26.30% per year.

As of today (2024-06-06), Worsley Investors's current stock price is £ 0.253. Worsley Investors's E10 for the fiscal year that ended in Mar. 2023 was £-0.01. Worsley Investors's Shiller PE Ratio of today is .


Worsley Investors E10 Historical Data

The historical data trend for Worsley Investors'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.

Worsley Investors E10 Chart

Worsley Investors Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.02 -0.02 -0.02 -0.01

Worsley Investors Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 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 - -0.02 - -0.01 -

Competitive Comparison of Worsley Investors's E10

For the Asset Management subindustry, Worsley Investors'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.


Worsley Investors's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Worsley Investors's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Worsley Investors's Shiller PE Ratio falls into.



Worsley Investors 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, Worsley Investors's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.031/127.3478*127.3478
=0.031

Current CPI (Mar. 2023) = 127.3478.

Worsley Investors Annual Data

per_share_eps CPI Adj_EPS
201306 -0.173 98.518 -0.224
201406 -0.125 100.560 -0.158
201506 0.409 100.684 0.517
201606 0.047 101.688 0.059
201706 -0.019 103.349 -0.023
201806 -0.209 106.317 -0.250
201906 0.005 108.070 0.006
202006 -0.017 108.767 -0.020
202203 -0.015 121.301 -0.016
202303 0.031 127.348 0.031

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


Worsley Investors  (LSE:WINV) 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.


Worsley Investors E10 Related Terms

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


Worsley Investors (LSE:WINV) Business Description

Traded in Other Exchanges
N/A
Address
1 Royal Plaza, Royal Avenue, Saint Peter Port, GGY, GY1 2HL
Worsley Investors Ltd is a limited liability, closed-ended, self-managed investment company. The company's investment objective is to provide shareholders with an attractive level of absolute long-term return, principally through the capital appreciation and exit of undervalued securities. Its segment includes Property Group and Parent Company. The company generates maximum revenue from the Property Group segment.

Worsley Investors (LSE:WINV) Headlines

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