GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nordnet AB (publ) (LTS:0A6V) » Definitions » E10

Nordnet AB (publ) (LTS:0A6V) E10 : kr3.46 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Nordnet AB (publ) 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.

Nordnet AB (publ)'s adjusted earnings per share data for the three months ended in Dec. 2024 was kr2.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr3.46 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Nordnet AB (publ)'s average E10 Growth Rate was 21.50% per year. During the past 3 years, the average E10 Growth Rate was 28.20% per year. During the past 5 years, the average E10 Growth Rate was 30.70% 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 Nordnet AB (publ) was 34.20% per year. The lowest was 20.30% per year. And the median was 30.15% per year.

As of today (2025-03-17), Nordnet AB (publ)'s current stock price is kr158.20. Nordnet AB (publ)'s E10 for the quarter that ended in Dec. 2024 was kr3.46. Nordnet AB (publ)'s Shiller PE Ratio of today is 45.72.

During the past 13 years, the highest Shiller PE Ratio of Nordnet AB (publ) was 93.49. The lowest was 35.89. And the median was 49.49.


Nordnet AB (publ) E10 Historical Data

The historical data trend for Nordnet AB (publ)'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.

Nordnet AB (publ) E10 Chart

Nordnet AB (publ) 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 - 2.22 3.43 3.91 3.46

Nordnet AB (publ) 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 3.91 3.58 3.37 3.20 3.46

Competitive Comparison of Nordnet AB (publ)'s E10

For the Capital Markets subindustry, Nordnet AB (publ)'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.


Nordnet AB (publ)'s Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nordnet AB (publ)'s Shiller PE Ratio falls into.



Nordnet AB (publ) 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, Nordnet AB (publ)'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)
=2.56/132.9872*132.9872
=2.560

Current CPI (Dec. 2024) = 132.9872.

Nordnet AB (publ) Quarterly Data

per share eps CPI Adj_EPS
201503 0.620 99.950 0.825
201506 0.490 99.995 0.652
201509 0.430 100.228 0.571
201512 0.502 100.276 0.666
201603 0.415 100.751 0.548
201606 0.393 101.019 0.517
201609 0.398 101.138 0.523
201612 0.501 102.022 0.653
201703 0.466 102.022 0.607
201706 0.215 102.752 0.278
201709 0.250 103.279 0.322
201712 0.032 103.793 0.041
201803 0.174 103.962 0.223
201806 0.154 104.875 0.195
201809 0.107 105.679 0.135
201812 0.122 105.912 0.153
201903 0.476 105.886 0.598
201906 0.294 106.742 0.366
201909 0.290 107.214 0.360
201912 0.231 107.766 0.285
202003 1.170 106.563 1.460
202006 1.170 107.498 1.447
202009 1.070 107.635 1.322
202012 1.130 108.296 1.388
202103 2.620 108.360 3.215
202106 1.720 108.928 2.100
202109 1.600 110.338 1.928
202112 1.810 112.486 2.140
202203 1.940 114.825 2.247
202206 0.880 118.384 0.989
202209 1.540 122.296 1.675
202212 1.970 126.365 2.073
202303 2.490 127.042 2.607
202306 2.250 129.407 2.312
202309 2.490 130.224 2.543
202312 2.550 131.912 2.571
202403 2.740 132.205 2.756
202406 2.860 132.716 2.866
202409 2.700 132.304 2.714
202412 2.560 132.987 2.560

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


Nordnet AB (publ)  (LTS:0A6V) 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.

Nordnet AB (publ)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=158.20/3.46
=45.72

* 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 Nordnet AB (publ) was 93.49. The lowest was 35.89. And the median was 49.49.


Be Aware

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


Nordnet AB (publ) E10 Related Terms

Thank you for viewing the detailed overview of Nordnet AB (publ)'s E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Nordnet AB (publ) Business Description

Traded in Other Exchanges
Address
Alstromergatan 39, Box 30099, Stockholm, SWE, SE-104 25
Nordnet AB (publ) is a digital platform in the Nordics for savings and investments. The company operates in Sweden, Norway, Denmark and Finland. Nordnet's purpose is to democratize savings and investments. It provides trading in a large number of equities, funds and other types of securities from several markets at a low price, as well as pension savings without fixed fees. The firm also offers margin loans, private loans and mortgages. There are a number of user-interfaces to choose from, such as web, app or more advanced trading applications. Digital financial guidance tools are offered to customers who want help and inspiration with their savings. Nordnet also runs the largest social investment network in the Nordics, Shareville.

Nordnet AB (publ) Headlines

No Headlines