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Scandinavian Enviro Systems AB (OSTO:SES) E10 : kr-0.29 (As of Dec. 2024)


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What is Scandinavian Enviro Systems AB 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.

Scandinavian Enviro Systems AB's adjusted earnings per share data for the three months ended in Dec. 2024 was kr-0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-0.29 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 (2025-03-23), Scandinavian Enviro Systems AB's current stock price is kr1.358. Scandinavian Enviro Systems AB's E10 for the quarter that ended in Dec. 2024 was kr-0.29. Scandinavian Enviro Systems AB's Shiller PE Ratio of today is .


Scandinavian Enviro Systems AB E10 Historical Data

The historical data trend for Scandinavian Enviro Systems AB'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.

Scandinavian Enviro Systems AB E10 Chart

Scandinavian Enviro Systems AB 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 - - -0.42 -0.37 -0.29

Scandinavian Enviro Systems AB 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 -0.37 -0.35 -0.33 -0.31 -0.29

Competitive Comparison of Scandinavian Enviro Systems AB's E10

For the Waste Management subindustry, Scandinavian Enviro Systems AB'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.


Scandinavian Enviro Systems AB's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Scandinavian Enviro Systems AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Scandinavian Enviro Systems AB's Shiller PE Ratio falls into.



Scandinavian Enviro Systems AB 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, Scandinavian Enviro Systems AB'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)
=-0.03/132.9872*132.9872
=-0.030

Current CPI (Dec. 2024) = 132.9872.

Scandinavian Enviro Systems AB Quarterly Data

per share eps CPI Adj_EPS
201503 -0.197 99.950 -0.262
201506 -0.184 99.995 -0.245
201509 -0.116 100.228 -0.154
201512 -0.110 100.276 -0.146
201603 -0.143 100.751 -0.189
201606 -0.152 101.019 -0.200
201609 -0.116 101.138 -0.153
201612 -0.097 102.022 -0.126
201703 -0.071 102.022 -0.093
201706 -0.071 102.752 -0.092
201709 -0.071 103.279 -0.091
201712 -0.097 103.793 -0.124
201803 -0.080 103.962 -0.102
201806 -0.080 104.875 -0.101
201809 -0.070 105.679 -0.088
201812 -0.090 105.912 -0.113
201903 -0.040 105.886 -0.050
201906 -0.030 106.742 -0.037
201909 -0.030 107.214 -0.037
201912 -0.030 107.766 -0.037
202003 -0.030 106.563 -0.037
202006 -0.020 107.498 -0.025
202009 -0.020 107.635 -0.025
202012 -0.024 108.296 -0.029
202103 -0.020 108.360 -0.025
202106 -0.030 108.928 -0.037
202109 -0.020 110.338 -0.024
202112 -0.030 112.486 -0.035
202203 -0.030 114.825 -0.035
202206 -0.030 118.384 -0.034
202209 -0.030 122.296 -0.033
202212 -0.040 126.365 -0.042
202303 -0.040 127.042 -0.042
202306 -0.030 129.407 -0.031
202309 -0.020 130.224 -0.020
202312 -0.030 131.912 -0.030
202403 0.040 132.205 0.040
202406 0.040 132.716 0.040
202409 0.020 132.304 0.020
202412 -0.030 132.987 -0.030

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


Scandinavian Enviro Systems AB  (OSTO:SES) 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.


Scandinavian Enviro Systems AB E10 Related Terms

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


Scandinavian Enviro Systems AB Business Description

Traded in Other Exchanges
Address
Frihamnen 16B, Gothenburg, SWE, 417 70
Scandinavian Enviro Systems AB functions as a recycling company in Sweden. Its technology enables changing the chemical composition and the physical phase of the tire material during the process. The company operates recycling facilities for recovering carbon black, oil, steel, and gas from waste tires.