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AS Baltika (OTSE:BLT1T) E10 : €-0.20 (As of Mar. 2023)


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What is AS Baltika 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.

AS Baltika's adjusted earnings per share data for the three months ended in Mar. 2023 was €-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.20 for the trailing ten years ended in Mar. 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 (2024-06-25), AS Baltika's current stock price is €0.08. AS Baltika's E10 for the quarter that ended in Mar. 2023 was €-0.20. AS Baltika's Shiller PE Ratio of today is .


AS Baltika E10 Historical Data

The historical data trend for AS Baltika'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.

AS Baltika E10 Chart

AS Baltika Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.83 -0.49 -0.30 -0.18 -0.21

AS Baltika Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.16 -0.19 -0.18 -0.21 -0.20

Competitive Comparison of AS Baltika's E10

For the Apparel Retail subindustry, AS Baltika'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.


AS Baltika's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AS Baltika's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AS Baltika's Shiller PE Ratio falls into.



AS Baltika 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, AS Baltika's adjusted earnings per share data for the three months ended in Mar. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.01/127.3478*127.3478
=-0.010

Current CPI (Mar. 2023) = 127.3478.

AS Baltika Quarterly Data

per share eps CPI Adj_EPS
201306 0.119 98.518 0.154
201309 -0.119 98.790 -0.153
201312 0.119 98.326 0.154
201403 -0.356 99.695 -0.455
201406 0.119 100.560 0.151
201409 0.022 100.428 0.028
201412 0.059 99.070 0.076
201503 -0.178 99.621 -0.228
201506 0.010 100.684 0.013
201509 -0.059 100.392 -0.075
201512 -0.713 99.792 -0.910
201603 -0.059 100.470 -0.075
201606 0.059 101.688 0.074
201609 -0.059 101.861 -0.074
201612 0.085 101.863 0.106
201703 -0.059 102.862 -0.073
201706 0.172 103.349 0.212
201709 -0.353 104.136 -0.432
201712 0.756 104.011 0.926
201803 -0.706 105.290 -0.854
201806 0.003 106.317 0.004
201809 -0.020 106.507 -0.024
201812 -0.090 105.998 -0.108
201903 -0.040 107.251 -0.047
201906 -0.178 108.070 -0.210
201909 -0.040 108.329 -0.047
201912 -0.048 108.420 -0.056
202003 -0.050 108.902 -0.058
202006 0.070 108.767 0.082
202009 -0.010 109.815 -0.012
202012 -0.030 109.897 -0.035
202103 -0.030 111.754 -0.034
202106 0.001 114.631 0.001
202109 -0.010 115.734 -0.011
202112 -0.010 117.630 -0.011
202203 -0.020 121.301 -0.021
202206 -0.020 125.017 -0.020
202209 0.120 125.227 0.122
202212 -0.020 125.222 -0.020
202303 -0.010 127.348 -0.010

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


AS Baltika  (OTSE:BLT1T) 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.


AS Baltika E10 Related Terms

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


AS Baltika (OTSE:BLT1T) Business Description

Traded in Other Exchanges
N/A
Address
Valukoja 10, Tallinn, EST, 11415
AS Baltika is a fashion retailer and is engaged in designing, manufacturing, distribution, wholesale, retail and supply chain management. It develops and operates fashion brands such as Ivo Nikkolo. Most of its revenue is derived from the sale of goods in retail channels followed by wholesale and franchise channel. Geographically, the company operates its business mainly from Europe. It operates in the business segments; Retail segment, E-commerce segment and All other segments. The retail segment consists of retail operations in Estonia, Latvia, Lithuania and Finland. All other segments consist of the sale of good to wholesale and franchise clients, material and sewing services and e-commerce sales.

AS Baltika (OTSE:BLT1T) Headlines

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