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TietoEVRY (OHEL:TIETO) E10 : €1.62 (As of Sep. 2024)


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What is TietoEVRY 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.

TietoEVRY's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.62 for the trailing ten years ended in Sep. 2024.

During the past 12 months, TietoEVRY's average E10 Growth Rate was 5.20% per year. During the past 3 years, the average E10 Growth Rate was 14.00% per year. During the past 5 years, the average E10 Growth Rate was 9.80% 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 TietoEVRY was 14.00% per year. The lowest was 6.70% per year. And the median was 11.90% per year.

As of today (2024-12-13), TietoEVRY's current stock price is €17.46. TietoEVRY's E10 for the quarter that ended in Sep. 2024 was €1.62. TietoEVRY's Shiller PE Ratio of today is 10.78.

During the past 13 years, the highest Shiller PE Ratio of TietoEVRY was 29.05. The lowest was 10.34. And the median was 21.77.


TietoEVRY E10 Historical Data

The historical data trend for TietoEVRY'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.

TietoEVRY E10 Chart

TietoEVRY 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 1.05 1.06 1.25 1.47 1.57

TietoEVRY Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 1.54 1.57 1.57 1.56 1.62

Competitive Comparison of TietoEVRY's E10

For the Information Technology Services subindustry, TietoEVRY'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.


TietoEVRY's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, TietoEVRY's Shiller PE Ratio distribution charts can be found below:

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



TietoEVRY 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, TietoEVRY's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.32/122.2600*122.2600
=0.320

Current CPI (Sep. 2024) = 122.2600.

TietoEVRY Quarterly Data

per share eps CPI Adj_EPS
201412 0.090 100.229 0.110
201503 0.120 100.120 0.147
201506 0.240 100.030 0.293
201509 0.400 100.130 0.488
201512 0.470 99.990 0.575
201603 0.290 100.080 0.354
201606 0.330 100.390 0.402
201609 0.370 100.540 0.450
201612 0.460 101.020 0.557
201703 0.220 100.910 0.267
201706 0.280 101.140 0.338
201709 0.460 101.320 0.555
201712 0.500 101.510 0.602
201803 0.410 101.730 0.493
201806 0.330 102.320 0.394
201809 0.450 102.600 0.536
201812 0.480 102.710 0.571
201903 0.370 102.870 0.440
201906 0.240 103.360 0.284
201909 0.300 103.540 0.354
201912 0.110 103.650 0.130
202003 0.300 103.490 0.354
202006 -0.120 103.320 -0.142
202009 0.160 103.710 0.189
202012 0.460 103.890 0.541
202103 0.310 104.870 0.361
202106 0.990 105.360 1.149
202109 0.410 106.290 0.472
202112 0.750 107.490 0.853
202203 0.280 110.950 0.309
202206 0.180 113.570 0.194
202209 0.500 114.920 0.532
202212 0.630 117.320 0.657
202303 0.410 119.750 0.419
202306 0.210 120.690 0.213
202309 0.370 121.280 0.373
202312 0.460 121.540 0.463
202403 0.320 122.360 0.320
202406 0.240 122.230 0.240
202409 0.320 122.260 0.320

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


TietoEVRY  (OHEL:TIETO) 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.

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

Shiller PE Ratio=Share Price/E10
=17.46/1.62
=10.78

* 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 TietoEVRY was 29.05. The lowest was 10.34. And the median was 21.77.


Be Aware

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


TietoEVRY E10 Related Terms

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


TietoEVRY Business Description

Address
Keilalahdentie 2-4, P.O. Box 2, Espoo, FIN, FI-02101
TietoEVRY Corp is a Finland-based digital services and software company. It serves thousands of enterprise and public sector customers in more than 90 countries. Tietoevry Group is comprised of five operating segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services. The maximum revenue is derived from the Tietoevry Tech Services segment. Tietoevry Tech Services is a Nordic multi-cloud platform provider with a full range of infrastructure choices at scale - aiming to ensure resilience, security, and compliance for customers' business. Its business comprises application and data services, cloud platforms and security services, traditional Infrastructure services, and user experience services.

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