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Emeren Group (MEX:SOL N) E10 : MXN0.43 (As of Mar. 2025)


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What is Emeren Group 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.

Emeren Group's adjusted earnings per share data for the three months ended in Mar. 2025 was MXN0.614. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN0.43 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average E10 Growth Rate was 69.00% per year. During the past 5 years, the average E10 Growth Rate was 48.30% 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 Emeren Group was 69.00% per year. The lowest was -22.30% per year. And the median was 2.10% per year.

As of today (2025-06-26), Emeren Group's current stock price is MXN32.03. Emeren Group's E10 for the quarter that ended in Mar. 2025 was MXN0.43. Emeren Group's Shiller PE Ratio of today is 74.49.

During the past 13 years, the highest Shiller PE Ratio of Emeren Group was 102.68. The lowest was 63.00. And the median was 77.50.


Emeren Group E10 Historical Data

The historical data trend for Emeren Group'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.

Emeren Group E10 Chart

Emeren Group 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 -48.29 -72.24 -38.46 -4.99 -1.98

Emeren Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -4.19 -4.04 -2.33 -1.98 0.43

Competitive Comparison of Emeren Group's E10

For the Solar subindustry, Emeren Group'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.


Emeren Group's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Emeren Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Emeren Group's Shiller PE Ratio falls into.


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Emeren Group 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, Emeren Group's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.614/134.9266*134.9266
=0.614

Current CPI (Mar. 2025) = 134.9266.

Emeren Group Quarterly Data

per share eps CPI Adj_EPS
201506 -1.569 100.684 -2.103
201509 6.759 100.392 9.084
201512 5.159 99.792 6.975
201603 5.164 100.470 6.935
201606 5.548 101.688 7.361
201609 -19.336 101.861 -25.613
201612 -26.802 101.863 -35.502
201703 -22.595 102.862 -29.638
201706 -28.348 103.349 -37.010
201709 78.036 104.136 101.110
201712 0.877 104.011 1.138
201803 1.817 105.290 2.328
201806 -0.357 106.317 -0.453
201809 0.748 106.507 0.948
201812 -1.963 105.998 -2.499
201903 -2.716 107.251 -3.417
201906 2.497 108.070 3.118
201909 1.224 108.329 1.525
201912 -4.338 108.420 -5.399
202003 -2.110 108.902 -2.614
202006 1.385 108.767 1.718
202009 0.884 109.815 1.086
202012 0.796 109.897 0.977
202103 0.204 111.754 0.246
202106 1.991 114.631 2.344
202109 0.206 115.734 0.240
202112 -0.410 117.630 -0.470
202203 -0.597 121.301 -0.664
202206 -0.061 125.017 -0.066
202209 -0.402 125.227 -0.433
202212 1.560 125.222 1.681
202303 -0.061 127.348 -0.065
202306 2.400 128.729 2.516
202309 -2.961 129.860 -3.077
202312 -2.546 129.419 -2.654
202403 -1.826 131.776 -1.870
202406 0.183 132.554 0.186
202409 1.772 133.029 1.797
202412 -4.797 133.157 -4.861
202503 0.614 134.927 0.614

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


Emeren Group  (MEX:SOL N) 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.

Emeren Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.03/0.43
=74.49

* 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 Emeren Group was 102.68. The lowest was 63.00. And the median was 77.50.


Be Aware

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


Emeren Group E10 Related Terms

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


Emeren Group Business Description

Traded in Other Exchanges
Address
149 Water Street, Suite 302, Norwalk, CT, USA, 06854
Emeren Group Ltd is a renewable energy producer. Its portfolio consists of solar projects and Independent Power Producer (IPP) assets, and it also has globalised Battery Energy Storage System (BESS) capacity. The group specializes in the solar project lifecycle, development, and from construction to financing. It has three reportable segments; Solar power project development, EPC services, and Electricity generation. Majority of revenue is From Electricity Generation. The company operates in China, USA, Germany, UK, Spain, France, Poland, Italy, Hungary, Luxembourg. Majority of revenue is from Italy.

Emeren Group Headlines

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