GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Naspers Ltd (OTCPK:NAPRF) » Definitions » E10

NAPRF (Naspers) E10 : $13.05 (As of Sep. 2024)


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

What is Naspers 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.

Naspers's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was $14.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $13.05 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 33.20% per year. During the past 5 years, the average E10 Growth Rate was 29.80% per year. During the past 10 years, the average E10 Growth Rate was 38.70% 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 Naspers was 62.80% per year. The lowest was 18.40% per year. And the median was 30.20% per year.

As of today (2024-12-11), Naspers's current stock price is $ 241.20. Naspers's E10 for the fiscal year that ended in Mar. 2024 was $13.05. Naspers's Shiller PE Ratio of today is 18.48.

During the past 13 years, the highest Shiller PE Ratio of Naspers was 95.63. The lowest was 8.16. And the median was 32.09.


Naspers E10 Historical Data

The historical data trend for Naspers'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.

Naspers E10 Chart

Naspers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.05 7.07 12.53 12.49 13.05

Naspers Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 12.49 - 13.05 -

Competitive Comparison of Naspers's E10

For the Internet Content & Information subindustry, Naspers'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.


Naspers's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Naspers's Shiller PE Ratio distribution charts can be found below:

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



Naspers 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, Naspers's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.76/155.4180*155.4180
=14.760

Current CPI (Mar. 2024) = 155.4180.

Naspers Annual Data

per_share_eps CPI Adj_EPS
201503 3.050 98.538 4.811
201603 2.320 104.969 3.435
201703 5.350 111.400 7.464
201803 26.310 115.542 35.390
201903 15.610 120.774 20.088
202003 6.900 125.679 8.533
202103 12.040 129.628 14.435
202203 41.270 137.594 46.616
202303 19.980 147.586 21.040
202403 14.760 155.418 14.760

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


Naspers  (OTCPK:NAPRF) 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.

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

Shiller PE Ratio=Share Price/E10
=241.20/13.05
=18.48

* 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 Naspers was 95.63. The lowest was 8.16. And the median was 32.09.


Be Aware

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


Naspers E10 Related Terms

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


Naspers Business Description

Address
40 Heerengracht, Cape Town, WC, ZAF, 8001
Naspers Ltd is an Internet and entertainment group and technology investor in the world. Operating in more than 120 countries and markets with long-term growth potential, Naspers builds companies that empower people and enrich communities. It runs some of the platforms in the internet, video entertainment, and media. Naspers operates in various sectors including online classifieds, food delivery, payments, travel, education, health, and social and internet platforms. People use products and services of companies that Naspers has invested in, acquired, or built, including Azos, PharmEasy, ElasticRun, Alwans, and Vegrow among others. Geographically, the company derives maximum revenue from Europe and the rest from Asia, Africa, Latin America, North America, and other regions.

Naspers Headlines

From GuruFocus

Naspers: Executive Leadership and Board Change

By Business Wire 08-08-2024

Full Year 2022 Naspers Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Half Year 2019 Naspers Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Naspers Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-14-2024

Half Year 2021 Naspers Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024

Full Year 2024 Naspers Ltd Earnings Call Transcript

By GuruFocus Research 06-26-2024

Half Year 2023 Naspers Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024