GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Anima Holding SpA (MIL:ANIM) » Definitions » E10

Anima Holding SpA (MIL:ANIM) E10 : €0.46 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Anima Holding SpA 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.

Anima Holding SpA's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.163. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Anima Holding SpA's average E10 Growth Rate was -100.00% 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.

As of today (2024-06-13), Anima Holding SpA's current stock price is €4.80. Anima Holding SpA's E10 for the quarter that ended in Mar. 2024 was €0.46. Anima Holding SpA's Shiller PE Ratio of today is 10.43.

During the past 13 years, the highest Shiller PE Ratio of Anima Holding SpA was 11.14. The lowest was 6.81. And the median was 8.41.


Anima Holding SpA E10 Historical Data

The historical data trend for Anima Holding SpA'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.

Anima Holding SpA E10 Chart

Anima Holding SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.45 0.45

Anima Holding SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.45 0.46 0.47 0.45 0.46

Competitive Comparison of Anima Holding SpA's E10

For the Asset Management subindustry, Anima Holding SpA'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.


Anima Holding SpA's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Anima Holding SpA's Shiller PE Ratio falls into.



Anima Holding SpA 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, Anima Holding SpA's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.163/120.2000*120.2000
=0.163

Current CPI (Mar. 2024) = 120.2000.

Anima Holding SpA Quarterly Data

per share eps CPI Adj_EPS
201406 0.071 100.093 0.085
201409 0.054 99.814 0.065
201412 0.087 99.721 0.105
201503 0.142 99.814 0.171
201506 0.084 100.279 0.101
201509 0.076 100.000 0.091
201512 0.099 99.814 0.119
201603 0.068 99.600 0.082
201606 0.053 99.900 0.064
201609 0.075 100.100 0.090
201612 0.117 100.300 0.140
201703 0.080 101.000 0.095
201706 0.070 101.100 0.083
201709 0.070 101.200 0.083
201712 0.090 101.200 0.107
201803 0.117 101.800 0.138
201806 0.067 102.400 0.079
201809 0.072 102.600 0.084
201812 0.068 102.300 0.080
201903 0.071 102.800 0.083
201906 0.103 103.100 0.120
201909 0.107 102.900 0.125
201912 0.122 102.800 0.143
202003 0.107 102.900 0.125
202006 0.094 102.900 0.110
202009 0.081 102.300 0.095
202012 0.142 102.600 0.166
202103 0.161 103.700 0.187
202106 0.204 104.200 0.235
202109 0.133 104.900 0.152
202112 0.182 106.600 0.205
202203 0.090 110.400 0.098
202206 0.087 112.500 0.093
202209 0.081 114.200 0.085
202212 0.105 119.000 0.106
202303 0.093 118.800 0.094
202306 0.096 119.700 0.096
202309 0.099 120.300 0.099
202312 0.160 119.700 0.161
202403 0.163 120.200 0.163

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


Anima Holding SpA  (MIL:ANIM) 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.

Anima Holding SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.80/0.46
=10.43

* 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 Anima Holding SpA was 11.14. The lowest was 6.81. And the median was 8.41.


Be Aware

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


Anima Holding SpA E10 Related Terms

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


Anima Holding SpA (MIL:ANIM) Business Description

Traded in Other Exchanges
Address
Corso Giuseppe Garibaldi, 99, Milan, ITA, 20121
Anima Holding SpA is one of the Italian independent asset management operators. Anima's offering is composed of Italian mutual funds, open-ended umbrella funds domiciled in Ireland and Luxembourg, and pension funds. The company also offers institutional and private pension funds, as well as private wealth and institutional asset management services.

Anima Holding SpA (MIL:ANIM) Headlines

No Headlines