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Meriaura Group (OSTO:MERIS) E10 : kr0.00 (As of Dec. 2023)


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What is Meriaura Group 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.

Meriaura Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was kr-0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr0.00 for the trailing ten years ended in Dec. 2023.

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 (2024-06-18), Meriaura Group's current stock price is kr 0.456. Meriaura Group's E10 for the fiscal year that ended in Dec. 2023 was kr0.00. Meriaura Group's Shiller PE Ratio of today is .


Meriaura Group E10 Historical Data

The historical data trend for Meriaura Group'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.

Meriaura Group E10 Chart

Meriaura Group 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 - - - -56.49 -

Meriaura Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - -56.49 - -

Competitive Comparison of Meriaura Group's E10

For the Marine Shipping subindustry, Meriaura Group'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.


Meriaura Group's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Meriaura Group's Shiller PE Ratio distribution charts can be found below:

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



Meriaura Group 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, Meriaura Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.004/121.5400*121.5400
=-0.004

Current CPI (Dec. 2023) = 121.5400.

Meriaura Group Annual Data

per_share_eps CPI Adj_EPS
201412 -28.085 100.229 -34.056
201512 -170.750 99.990 -207.550
201612 -88.136 101.020 -106.039
201712 -33.724 101.510 -40.378
201812 -18.463 102.710 -21.848
201912 -0.001 103.650 -0.001
202012 -1.638 103.890 -1.916
202112 -0.357 107.490 -0.404
202212 -0.057 117.320 -0.059
202312 -0.004 121.540 -0.004

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


Meriaura Group  (OSTO:MERIS) 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.


Be Aware

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


Meriaura Group E10 Related Terms

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


Meriaura Group (OSTO:MERIS) Business Description

Traded in Other Exchanges
Address
Insinoorinkatu 7, Mikkeli, FIN, FI-50150
Meriaura Group Plc is a Finland-based company engaged in two businesses Renewable Energy and Marine Logistics. The renewable energy business area designs and delivers clean energy production systems as comprehensive deliveries. Its systems are built around large-scale solar heating systems implemented using high-performance solar thermal collectors manufactured by the company. The marine logistics business consists of the business operations of Meriaura Oy and VG-EcoFuel Oy. Meriaura is a provider of transport for bulk cargo and demanding project deliveries in Northern Europe. The company generates the majority of its revenue from the renewable energy segment.

Meriaura Group (OSTO:MERIS) Headlines

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