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Sparebanken Ost (OSL:SPOG) E10 : kr-1.57 (As of Dec. 2024)


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What is Sparebanken Ost 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.

Sparebanken Ost's adjusted earnings per share data for the three months ended in Dec. 2024 was kr1.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-1.57 for the trailing ten years ended in Dec. 2024.

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 (2025-03-14), Sparebanken Ost's current stock price is kr80.50. Sparebanken Ost's E10 for the quarter that ended in Dec. 2024 was kr-1.57. Sparebanken Ost's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Sparebanken Ost was 431.67. The lowest was 38.81. And the median was 51.60.


Sparebanken Ost E10 Historical Data

The historical data trend for Sparebanken Ost'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.

Sparebanken Ost E10 Chart

Sparebanken Ost 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 1.00 0.29 -0.78 -1.05 -1.57

Sparebanken Ost 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 -1.05 -1.11 -1.15 -1.54 -1.57

Competitive Comparison of Sparebanken Ost's E10

For the Banks - Regional subindustry, Sparebanken Ost'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.


Sparebanken Ost's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebanken Ost's Shiller PE Ratio distribution charts can be found below:

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



Sparebanken Ost 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, Sparebanken Ost'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)
=1.45/134.8000*134.8000
=1.450

Current CPI (Dec. 2024) = 134.8000.

Sparebanken Ost Quarterly Data

per share eps CPI Adj_EPS
201503 1.640 99.200 2.229
201506 1.280 100.100 1.724
201509 0.810 100.600 1.085
201512 -4.828 100.900 -6.450
201603 1.220 102.500 1.604
201606 1.930 103.800 2.506
201609 1.410 104.200 1.824
201612 -6.083 104.400 -7.854
201703 1.360 105.000 1.746
201706 1.760 105.800 2.242
201709 1.350 105.900 1.718
201712 -6.526 106.100 -8.291
201803 1.300 107.300 1.633
201806 1.700 108.500 2.112
201809 2.260 109.500 2.782
201812 -9.276 109.800 -11.388
201903 0.950 110.400 1.160
201906 1.280 110.600 1.560
201909 1.420 111.100 1.723
201912 -6.362 111.300 -7.705
202003 0.970 111.200 1.176
202006 3.510 112.100 4.221
202009 1.100 112.900 1.313
202012 -11.162 112.900 -13.327
202103 0.870 114.600 1.023
202106 1.970 115.300 2.303
202109 0.970 117.500 1.113
202112 -7.737 118.900 -8.772
202203 0.800 119.800 0.900
202206 1.010 122.600 1.111
202209 0.790 125.600 0.848
202212 -5.890 125.900 -6.306
202303 1.270 127.600 1.342
202306 1.420 130.400 1.468
202309 1.530 129.800 1.589
202312 1.450 131.900 1.482
202403 1.940 132.600 1.972
202406 1.730 133.800 1.743
202409 1.680 133.700 1.694
202412 1.450 134.800 1.450

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


Sparebanken Ost  (OSL:SPOG) 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 Sparebanken Ost was 431.67. The lowest was 38.81. And the median was 51.60.


Be Aware

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


Sparebanken Ost E10 Related Terms

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


Sparebanken Ost Business Description

Traded in Other Exchanges
Address
Bragernes Torg 2, PO Box 67, Hokksund, Drammen, NOR, 3301
Sparebanken Øst is a savings bank in Norway. It offers banking products and services to retail and corporate customers in the areas of loans, payment services, insurance products, property management as well as advisory services. Its mission is to be a non-affiliated, independent and locally managed provider of financial services, to enable people in general, along with small and medium-sized enterprises, to exploit their financial resources in the best possible manner.

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