GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Arsagera Management Co JSC (MIC:ARSA) » Definitions » E10

Arsagera Management Co JSC (MIC:ARSA) E10 : ₽0.25 (As of Sep. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Arsagera Management Co JSC 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.

Arsagera Management Co JSC's adjusted earnings per share data for the three months ended in Sep. 2023 was ₽0.328. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₽0.25 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Arsagera Management Co JSC's average E10 Growth Rate was 92.30% 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.

As of today (2024-06-06), Arsagera Management Co JSC's current stock price is ₽13.20. Arsagera Management Co JSC's E10 for the quarter that ended in Sep. 2023 was ₽0.25. Arsagera Management Co JSC's Shiller PE Ratio of today is 52.80.

During the past 13 years, the highest Shiller PE Ratio of Arsagera Management Co JSC was 64.00. The lowest was 14.26. And the median was 37.53.


Arsagera Management Co JSC E10 Historical Data

The historical data trend for Arsagera Management Co JSC'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.

Arsagera Management Co JSC E10 Chart

Arsagera Management Co JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.26 0.19 0.16

Arsagera Management Co JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.13 0.16 0.20 0.24 0.25

Competitive Comparison of Arsagera Management Co JSC's E10

For the Asset Management subindustry, Arsagera Management Co JSC'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.


Arsagera Management Co JSC's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Arsagera Management Co JSC's Shiller PE Ratio falls into.



Arsagera Management Co JSC 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, Arsagera Management Co JSC's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.328/242.6000*242.6000
=0.328

Current CPI (Sep. 2023) = 242.6000.

Arsagera Management Co JSC Quarterly Data

per share eps CPI Adj_EPS
201312 0.062 124.900 0.120
201403 -0.065 127.800 -0.123
201406 0.056 130.900 0.104
201409 -0.052 132.700 -0.095
201412 -0.047 139.000 -0.082
201503 0.202 149.400 0.328
201506 0.050 150.900 0.080
201509 -0.014 153.500 -0.022
201512 0.039 157.000 0.060
201603 0.090 160.200 0.136
201606 0.016 162.200 0.024
201609 0.185 163.300 0.275
201612 0.239 165.400 0.351
201703 -0.071 167.000 -0.103
201706 -0.053 169.200 -0.076
201709 0.017 168.200 0.025
201712 -0.001 169.600 -0.001
201803 0.119 171.000 0.169
201806 -0.056 173.100 -0.078
201809 0.048 173.900 0.067
201812 -0.082 176.800 -0.113
201903 0.119 179.900 0.160
201906 0.212 181.200 0.284
201909 0.021 180.800 0.028
201912 0.142 182.200 0.189
202003 -0.324 184.500 -0.426
202006 0.181 187.000 0.235
202009 0.030 187.400 0.039
202012 0.274 191.100 0.348
202103 0.137 195.200 0.170
202106 0.094 199.100 0.115
202109 0.262 201.300 0.316
202112 -0.069 207.200 -0.081
202203 -0.502 227.800 -0.535
202206 -0.185 230.800 -0.194
202209 -0.175 228.800 -0.186
202212 0.198 231.900 0.207
202303 0.203 235.800 0.209
202306 0.279 238.300 0.284
202309 0.328 242.600 0.328

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


Arsagera Management Co JSC  (MIC:ARSA) 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.

Arsagera Management Co JSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.20/0.25
=52.80

* 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 Arsagera Management Co JSC was 64.00. The lowest was 14.26. And the median was 37.53.


Be Aware

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


Arsagera Management Co JSC E10 Related Terms

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


Arsagera Management Co JSC (MIC:ARSA) Business Description

Traded in Other Exchanges
N/A
Address
8 th floor Renaissance, business center, ul. Chatelain, Building 26A, St. Petersburg, RUS, 194021
Arsagera Management Co JSC is a Russian asset management company. It manages three open-ended funds, two intervals and one closed-end mutual investment fund. The company also provides individual trust management services.

Arsagera Management Co JSC (MIC:ARSA) Headlines

No Headlines