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Pandora AS (LTS:0NQC) E10 : kr49.46 (As of Dec. 2024)


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What is Pandora 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.

Pandora AS's adjusted earnings per share data for the three months ended in Dec. 2024 was kr35.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr49.46 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Pandora AS's average E10 Growth Rate was 9.70% per year. During the past 3 years, the average E10 Growth Rate was 13.30% per year. During the past 5 years, the average E10 Growth Rate was 11.50% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Pandora AS was 13.70% per year. The lowest was 6.20% per year. And the median was 12.15% per year.

As of today (2025-03-23), Pandora AS's current stock price is kr1116.75. Pandora AS's E10 for the quarter that ended in Dec. 2024 was kr49.46. Pandora AS's Shiller PE Ratio of today is 22.58.

During the past 13 years, the highest Shiller PE Ratio of Pandora AS was 29.02. The lowest was 6.74. And the median was 16.11.


Pandora AS E10 Historical Data

The historical data trend for Pandora 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.

Pandora AS E10 Chart

Pandora 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 30.48 34.18 41.40 44.93 49.46

Pandora 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 44.93 46.46 46.97 46.51 49.46

Competitive Comparison of Pandora AS's E10

For the Luxury Goods subindustry, Pandora 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.


Pandora AS's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pandora AS's Shiller PE Ratio distribution charts can be found below:

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



Pandora 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, Pandora 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)
=35.6/118.9000*118.9000
=35.600

Current CPI (Dec. 2024) = 118.9000.

Pandora AS Quarterly Data

per share eps CPI Adj_EPS
201503 3.100 100.200 3.679
201506 7.500 100.300 8.891
201509 8.400 100.200 9.968
201512 11.600 99.800 13.820
201603 11.200 100.200 13.290
201606 10.600 100.600 12.528
201609 12.300 100.200 14.596
201612 18.400 100.300 21.812
201703 12.100 101.200 14.216
201706 9.800 101.200 11.514
201709 12.300 101.800 14.366
201712 17.600 101.300 20.658
201803 10.500 101.700 12.276
201806 9.600 102.300 11.158
201809 8.900 102.400 10.334
201812 17.900 102.100 20.845
201903 7.900 102.900 9.128
201906 5.300 102.900 6.124
201909 -1.100 102.900 -1.271
201912 17.900 102.900 20.683
202003 -0.300 103.300 -0.345
202006 -2.100 103.200 -2.419
202009 3.600 103.500 4.136
202012 18.400 103.400 21.158
202103 6.300 104.300 7.182
202106 9.900 105.000 11.211
202109 6.400 105.800 7.192
202112 19.100 106.600 21.304
202203 10.400 109.900 11.252
202206 9.800 113.600 10.257
202209 7.800 116.400 7.968
202212 25.400 115.900 26.057
202303 10.000 117.300 10.136
202306 8.800 116.400 8.989
202309 6.300 117.400 6.380
202312 29.600 116.700 30.158
202403 11.800 118.400 11.850
202406 9.700 118.500 9.733
202409 7.300 118.900 7.300
202412 35.600 118.900 35.600

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


Pandora AS  (LTS:0NQC) 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.

Pandora AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1116.75/49.46
=22.58

* 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 Pandora AS was 29.02. The lowest was 6.74. And the median was 16.11.


Be Aware

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


Pandora AS E10 Related Terms

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


Pandora AS Business Description

Address
Havneholmen 17-19, Copenhagen, DNK, DK-1561
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,500 concept stores globally (1,600 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for 51% of sales, own online channels for 21% and wholesale for the remainder. Charms and bracelets account for almost three fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.

Pandora AS Headlines

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