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eQ (OHEL:EQV1V) E10 : €0.65 (As of Dec. 2024)


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What is eQ 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.

eQ's adjusted earnings per share data for the three months ended in Dec. 2024 was €0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.65 for the trailing ten years ended in Dec. 2024.

During the past 12 months, eQ's average E10 Growth Rate was 8.30% per year. During the past 3 years, the average E10 Growth Rate was 16.60% per year. During the past 5 years, the average E10 Growth Rate was 20.20% 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 eQ was 25.00% per year. The lowest was 6.90% per year. And the median was 19.35% per year.

As of today (2025-03-30), eQ's current stock price is €10.85. eQ's E10 for the quarter that ended in Dec. 2024 was €0.65. eQ's Shiller PE Ratio of today is 16.69.

During the past 13 years, the highest Shiller PE Ratio of eQ was 85.14. The lowest was 16.38. And the median was 40.12.


eQ E10 Historical Data

The historical data trend for eQ'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.

eQ E10 Chart

eQ Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.41 0.52 0.60 0.65

eQ Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.60 0.62 0.63 0.64 0.65

Competitive Comparison of eQ's E10

For the Asset Management subindustry, eQ'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.


eQ's Shiller PE Ratio Distribution in the Asset Management Industry

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

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


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eQ 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, eQ'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)
=0.13/122.3900*122.3900
=0.130

Current CPI (Dec. 2024) = 122.3900.

eQ Quarterly Data

per share eps CPI Adj_EPS
201503 0.050 100.120 0.061
201506 0.080 100.030 0.098
201509 0.070 100.130 0.086
201512 0.080 99.990 0.098
201603 0.090 100.080 0.110
201606 0.080 100.390 0.098
201609 0.090 100.540 0.110
201612 0.080 101.020 0.097
201703 0.080 100.910 0.097
201706 0.090 101.140 0.109
201709 0.080 101.320 0.097
201712 0.140 101.510 0.169
201803 0.090 101.730 0.108
201806 0.100 102.320 0.120
201809 0.110 102.600 0.131
201812 0.150 102.710 0.179
201903 0.100 102.870 0.119
201906 0.110 103.360 0.130
201909 0.130 103.540 0.154
201912 0.160 103.650 0.189
202003 0.120 103.490 0.142
202006 0.110 103.320 0.130
202009 0.150 103.710 0.177
202012 0.220 103.890 0.259
202103 0.210 104.870 0.245
202106 0.210 105.360 0.244
202109 0.270 106.290 0.311
202112 0.250 107.490 0.285
202203 0.240 110.950 0.265
202206 0.270 113.570 0.291
202209 0.230 114.920 0.245
202212 0.120 117.320 0.125
202303 0.190 119.750 0.194
202306 0.180 120.690 0.183
202309 0.190 121.280 0.192
202312 0.180 121.540 0.181
202403 0.170 122.360 0.170
202406 0.180 122.230 0.180
202409 0.180 122.260 0.180
202412 0.130 122.390 0.130

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


eQ  (OHEL:EQV1V) 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.

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

Shiller PE Ratio=Share Price/E10
=10.85/0.65
=16.69

* 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 eQ was 85.14. The lowest was 16.38. And the median was 40.12.


Be Aware

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


eQ E10 Related Terms

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


eQ Business Description

Traded in Other Exchanges
Address
Aleksanterinkatu 19 A, 5th floor, Helsinki, FIN, 00100
eQ PLC is a Finnish group of companies that concentrates on asset management and corporate finance operations. The group offers its clients services related to mutual and private equity funds, discretionary asset management, structured investment products, investment insurance policies, and a large range of mutual funds offered by international partners. The groups' functional segments are Asset management, Corporate finance, and Investments. The company's core revenues are generated from its Asset management division, secondary revenues from Corporate finance and the least amount is derived from its Investments business.

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