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Presco (NSA:PRESCO) E10 : ₦12.77 (As of Sep. 2024)


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What is Presco 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.

Presco's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was ₦32.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₦12.77 for the trailing ten years ended in Dec. 2023.

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 (2025-04-10), Presco's current stock price is ₦ 785.00. Presco's E10 for the fiscal year that ended in Dec. 2023 was ₦12.77. Presco's Shiller PE Ratio of today is 61.47.

During the past 11 years, the highest Shiller PE Ratio of Presco was 61.46. The lowest was 14.72. And the median was 18.01.


Presco E10 Historical Data

The historical data trend for Presco'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.

Presco E10 Chart

Presco 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 - - - 9.34 12.77

Presco Quarterly Data
Dec17 Dec18 Mar19 Dec19 Mar20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 - 12.77 - - -

Competitive Comparison of Presco's E10

For the Farm Products subindustry, Presco'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.


Presco's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Presco's Shiller PE Ratio distribution charts can be found below:

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


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Presco 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, Presco's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=32.86/129.4194*129.4194
=32.860

Current CPI (Dec. 2023) = 129.4194.

Presco Annual Data

per_share_eps CPI Adj_EPS
201412 5.190 99.070 6.780
201512 2.000 99.792 2.594
201612 21.735 101.863 27.615
201712 5.726 104.011 7.125
201812 4.300 105.998 5.250
201912 3.839 108.420 4.583
202012 5.262 109.897 6.197
202112 19.320 117.630 21.256
202212 13.030 125.222 13.467
202312 32.860 129.419 32.860

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


Presco  (NSA:PRESCO) 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.

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

Shiller PE Ratio=Share Price/E10
=785.00/12.77
=61.47

* 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 11 years, the highest Shiller P/E Ratio of Presco was 61.46. The lowest was 14.72. And the median was 18.01.


Be Aware

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


Presco E10 Related Terms

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


Presco Business Description

Traded in Other Exchanges
N/A
Address
Km 22 Benin / Sapele Road, Ikpoba-Okha Local Government Area, Obaretin Estate, Benin City, Edo State, NGA
Presco PLC is engaged in the cultivation of oil palms and the extraction, refining and fractioning of crude palm oil into vegetable oil and palm stearin. It produces specialty fats and oils. The company's products include Special Palm Oil, Refined, Bleached and Deodorised Palm Oil, palm olein, palm stearin, palm fatty acid distillate, palm kernel oil (crude and refined), and palm kernel cake. It generates revenue from the sales of crude and refined products , Sales of Fresh Fruit Bunches, and Mill by-products. Geographically the group has a business presence in Nigeria and Germany, of which key revenue is derived from operations within Nigeria.

Presco Headlines

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