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Guinness Nigeria (NSA:GUIN) E10 : ₦-1.11 (As of Dec. 2024)


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What is Guinness Nigeria 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.

Guinness Nigeria's adjusted earnings per share data for the three months ended in Dec. 2024 was ₦5.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₦-1.11 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Guinness Nigeria's average E10 Growth Rate was -120.70% 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.

As of today (2025-03-17), Guinness Nigeria's current stock price is ₦79.90. Guinness Nigeria's E10 for the quarter that ended in Dec. 2024 was ₦-1.11. Guinness Nigeria's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Guinness Nigeria was 19.02. The lowest was 8.54. And the median was 12.10.


Guinness Nigeria E10 Historical Data

The historical data trend for Guinness Nigeria'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.

Guinness Nigeria E10 Chart

Guinness Nigeria Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 6.44 -1.39

Guinness Nigeria Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 5.37 3.72 -0.42 -1.39 -1.11

Competitive Comparison of Guinness Nigeria's E10

For the Beverages - Brewers subindustry, Guinness Nigeria'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.


Guinness Nigeria's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Guinness Nigeria's Shiller PE Ratio distribution charts can be found below:

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



Guinness Nigeria 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, Guinness Nigeria'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)
=5.42/133.1571*133.1571
=5.420

Current CPI (Dec. 2024) = 133.1571.

Guinness Nigeria Quarterly Data

per share eps CPI Adj_EPS
201306 2.197 98.518 2.969
201312 1.293 98.326 1.751
201403 0.377 99.695 0.504
201406 1.443 100.560 1.911
201412 0.760 99.070 1.021
201503 0.724 99.621 0.968
201506 1.030 100.684 1.362
201512 -0.563 99.792 -0.751
201606 -1.630 101.688 -2.134
201612 -1.856 101.863 -2.426
201703 0.840 102.862 1.087
201706 1.781 103.349 2.295
201712 0.831 104.011 1.064
201803 1.350 105.290 1.707
201806 0.980 106.317 1.227
201809 0.380 106.507 0.475
201812 0.796 105.998 1.000
201903 0.764 107.251 0.949
201906 0.560 108.070 0.690
201909 -0.170 108.329 -0.209
201912 0.770 108.420 0.946
202003 0.021 108.902 0.026
202006 -6.364 108.767 -7.791
202009 -0.380 109.815 -0.461
202012 0.239 109.897 0.290
202103 0.984 111.754 1.172
202106 -0.266 114.631 -0.309
202109 1.850 115.734 2.129
202112 2.181 117.630 2.469
202203 2.948 121.301 3.236
202206 0.170 125.017 0.181
202209 1.250 125.227 1.329
202212 0.582 125.222 0.619
202303 0.841 127.348 0.879
202306 -10.970 128.729 -11.347
202309 1.190 129.860 1.220
202312 -3.570 129.419 -3.673
202403 -25.757 131.776 -26.027
202406 3.150 132.554 3.164
202412 5.420 133.157 5.420

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


Guinness Nigeria  (NSA:GUIN) 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.

During the past 13 years, the highest Shiller P/E Ratio of Guinness Nigeria was 19.02. The lowest was 8.54. And the median was 12.10.


Be Aware

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


Guinness Nigeria E10 Related Terms

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


Guinness Nigeria Business Description

Traded in Other Exchanges
N/A
Address
Cocoa Industries Road, Ikeja, Lagos, Ikeja, Lagos, NGA, 21071
Guinness Nigeria PLC is a beverage manufacturing company. The company is engaged in brewing, packaging, marketing and selling of various beverage brand including Guinness Foreign Extra Stout, Guinness Extra Smooth, Malta Guinness, Malta Guinness Low Sugar, Harp Lager, Smirnoff Ice, Satazenbrau Lager, Snapp, Orijin Spirit Mixed Drink, Orijin Bitters, and many more. Geographically, it derives a majority of revenue from Nigeria.

Guinness Nigeria Headlines

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