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Bonheur ASA (OSL:BONHR) E10 : kr-13.61 (As of Mar. 2024)


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What is Bonheur ASA 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.

Bonheur ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr4.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-13.61 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -11.10% per year. During the past 5 years, the average E10 Growth Rate was -60.70% 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 Bonheur ASA was -11.10% per year. The lowest was -137.30% per year. And the median was -38.10% per year.

As of today (2024-05-15), Bonheur ASA's current stock price is kr251.50. Bonheur ASA's E10 for the quarter that ended in Mar. 2024 was kr-13.61. Bonheur ASA's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Bonheur ASA was 105.51. The lowest was 3.54. And the median was 5.63.


Bonheur ASA E10 Historical Data

The historical data trend for Bonheur ASA'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.

Bonheur ASA E10 Chart

Bonheur ASA 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 -5.28 -10.07 -12.43 -13.90 -13.81

Bonheur ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -13.63 -14.05 -14.53 -13.81 -13.61

Competitive Comparison of Bonheur ASA's E10

For the Conglomerates subindustry, Bonheur ASA'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.


Bonheur ASA's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bonheur ASA's Shiller PE Ratio distribution charts can be found below:

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



Bonheur ASA 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, Bonheur ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4/131.9000*131.9000
=4.000

Current CPI (Mar. 2024) = 131.9000.

Bonheur ASA Quarterly Data

per share eps CPI Adj_EPS
201406 1.900 97.500 2.570
201409 0.800 98.500 1.071
201412 -0.620 98.600 -0.829
201503 8.800 99.200 11.701
201506 -31.100 100.100 -40.980
201509 1.000 100.600 1.311
201512 -17.700 100.900 -23.138
201603 2.400 102.500 3.088
201606 -11.800 103.800 -14.994
201609 -2.700 104.200 -3.418
201612 0.520 104.400 0.657
201703 -2.500 105.000 -3.140
201706 -7.600 105.800 -9.475
201709 -3.800 105.900 -4.733
201712 -6.320 106.100 -7.857
201803 -9.600 107.300 -11.801
201806 -20.200 108.500 -24.556
201809 -8.200 109.500 -9.877
201812 5.400 109.800 6.487
201903 -4.700 110.400 -5.615
201906 -0.200 110.600 -0.239
201909 1.000 111.100 1.187
201912 -5.100 111.300 -6.044
202003 2.300 111.200 2.728
202006 -13.500 112.100 -15.884
202009 -8.900 112.900 -10.398
202012 -8.100 112.900 -9.463
202103 -3.300 114.600 -3.798
202106 -1.300 115.300 -1.487
202109 -5.400 117.500 -6.062
202112 7.400 118.900 8.209
202203 1.300 119.800 1.431
202206 -0.300 122.600 -0.323
202209 0.900 125.600 0.945
202212 7.400 125.900 7.753
202303 7.700 127.600 7.959
202306 10.300 130.400 10.418
202309 3.300 129.800 3.353
202312 3.100 131.900 3.100
202403 4.000 131.900 4.000

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


Bonheur ASA  (OSL:BONHR) 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 Bonheur ASA was 105.51. The lowest was 3.54. And the median was 5.63.


Be Aware

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


Bonheur ASA E10 Related Terms

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


Bonheur ASA (OSL:BONHR) Business Description

Traded in Other Exchanges
Address
Fred Olsens Gate 2, P.O. Box 1159, Sentrum, Oslo, NOR, 0107
Bonheur ASA was initially a Norwegian shipping company. Currently, the company is engaged in several businesses. It provides services through four segments, namely, Other Investments, Renewable Energy, Cruise, and Wind Services. The renewable energy segment is engaged in the development, construction, and operation of wind farms in Scotland, Norway, Sweden, Ireland, Italy, and the USA. The wind Service segment is engaged in logistics and services within the offshore wind industry. Cruise owns and operates four cruise ships and provides a diverse range of cruises, and The other investments segment has investments within media, real estate, bonds and shares.

Bonheur ASA (OSL:BONHR) Headlines

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