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Europris ASA (OSTO:EPRO) E10 : kr4.07 (As of Mar. 2024)


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What is Europris 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.

Europris ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr4.07 for the trailing ten years ended in Mar. 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 (2024-06-11), Europris ASA's current stock price is kr72.60. Europris ASA's E10 for the quarter that ended in Mar. 2024 was kr4.07. Europris ASA's Shiller PE Ratio of today is 17.84.

During the past 13 years, the highest Shiller PE Ratio of Europris ASA was 20.74. The lowest was 15.90. And the median was 18.13.


Europris ASA E10 Historical Data

The historical data trend for Europris 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.

Europris ASA E10 Chart

Europris 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 - - - - 3.66

Europris 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 - 3.58 3.60 3.66 4.07

Competitive Comparison of Europris ASA's E10

For the Discount Stores subindustry, Europris 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.


Europris ASA's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Europris ASA's Shiller PE Ratio distribution charts can be found below:

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



Europris 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, Europris 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)
=0.29/132.6000*132.6000
=0.290

Current CPI (Mar. 2024) = 132.6000.

Europris ASA Quarterly Data

per share eps CPI Adj_EPS
201406 0.200 97.500 0.272
201409 0.120 98.500 0.162
201412 0.490 98.600 0.659
201503 0.036 99.200 0.048
201506 0.060 100.100 0.079
201509 0.446 100.600 0.588
201512 0.858 100.900 1.128
201603 0.054 102.500 0.070
201606 0.758 103.800 0.968
201609 0.413 104.200 0.526
201612 1.253 104.400 1.591
201703 -0.006 105.000 -0.008
201706 0.772 105.800 0.968
201709 0.387 105.900 0.485
201712 1.176 106.100 1.470
201803 0.051 107.300 0.063
201806 0.817 108.500 0.998
201809 0.368 109.500 0.446
201812 1.384 109.800 1.671
201903 -0.150 110.400 -0.180
201906 0.637 110.600 0.764
201909 0.526 111.100 0.628
201912 1.278 111.300 1.523
202003 0.002 111.200 0.002
202006 1.488 112.100 1.760
202009 1.150 112.900 1.351
202012 2.220 112.900 2.607
202103 0.650 114.600 0.752
202106 1.760 115.300 2.024
202109 1.270 117.500 1.433
202112 3.050 118.900 3.401
202203 0.550 119.800 0.609
202206 2.020 122.600 2.185
202209 1.160 125.600 1.225
202212 2.610 125.900 2.749
202303 0.440 127.600 0.457
202306 1.610 130.400 1.637
202309 0.890 129.800 0.909
202312 2.690 131.900 2.704
202403 0.290 132.600 0.290

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


Europris ASA  (OSTO:EPRo) 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.

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

Shiller PE Ratio=Share Price/E10
=72.60/4.07
=17.84

* 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 Europris ASA was 20.74. The lowest was 15.90. And the median was 18.13.


Be Aware

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


Europris ASA E10 Related Terms

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


Europris ASA (OSTO:EPRO) Business Description

Traded in Other Exchanges
Address
Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661
Europris ASA is a Norwegian discount store company. The company has a singular business segment operating as a discount store chain that sells private-label and branded merchandise. The Europris group as a whole is defined and identified as one operating segment. Europris ASA sells a variety of items in product categories including home and kitchen, groceries, house and garden, clothes and shoes, candy and chocolate, personal care, electronics, laundry, pet, and hobby and office products. Additionally, it sells travel, leisure, and sports-related goods. The firm owns a portion of Runsvengruppen AB, which owns Swedish discount store chain OoB. The company generates the vast majority of its revenue in Norway.

Europris ASA (OSTO:EPRO) Headlines

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