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Emeren Group (STU:VQKB) E10 : €-0.20 (As of Mar. 2024)


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What is Emeren 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.

Emeren Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.074. 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. 2024.

During the past 3 years, the average E10 Growth Rate was 56.20% per year. During the past 5 years, the average E10 Growth Rate was 31.10% per year. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Emeren Group was 56.20% per year. The lowest was -20.60% per year. And the median was 1.75% per year.

As of today (2024-06-02), Emeren Group's current stock price is €1.64. Emeren Group's E10 for the quarter that ended in Mar. 2024 was €-0.20. Emeren Group's Shiller PE Ratio of today is .


Emeren Group E10 Historical Data

The historical data trend for Emeren 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.

Emeren Group E10 Chart

Emeren 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 -1.88 -2.97 -2.98 -1.95 -0.26

Emeren Group 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 -1.67 -1.57 -0.26 -0.26 -0.20

Competitive Comparison of Emeren Group's E10

For the Solar subindustry, Emeren 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.


Emeren Group's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Emeren Group's Shiller PE Ratio distribution charts can be found below:

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



Emeren 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, Emeren Group'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)
=-0.074/131.7762*131.7762
=-0.074

Current CPI (Mar. 2024) = 131.7762.

Emeren Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.027 100.560 0.035
201409 -0.466 100.428 -0.611
201412 -0.324 99.070 -0.431
201503 -0.832 99.621 -1.101
201506 -0.089 100.684 -0.116
201509 0.356 100.392 0.467
201512 0.275 99.792 0.363
201603 0.269 100.470 0.353
201606 0.267 101.688 0.346
201609 -0.891 101.861 -1.153
201612 -1.232 101.863 -1.594
201703 -1.122 102.862 -1.437
201706 -1.396 103.349 -1.780
201709 3.608 104.136 4.566
201712 0.038 104.011 0.048
201803 0.081 105.290 0.101
201806 -0.016 106.317 -0.020
201809 0.034 106.507 0.042
201812 -0.088 105.998 -0.109
201903 -0.124 107.251 -0.152
201906 0.115 108.070 0.140
201909 0.056 108.329 0.068
201912 -0.207 108.420 -0.252
202003 -0.081 108.902 -0.098
202006 0.053 108.767 0.064
202009 0.034 109.815 0.041
202012 0.033 109.897 0.040
202103 0.008 111.754 0.009
202106 0.083 114.631 0.095
202109 0.009 115.734 0.010
202112 -0.018 117.630 -0.020
202203 -0.027 121.301 -0.029
202206 -0.003 125.017 -0.003
202209 -0.020 125.227 -0.021
202212 0.076 125.222 0.080
202303 -0.003 127.348 -0.003
202306 0.129 128.729 0.132
202309 -0.159 129.860 -0.161
202312 -0.138 129.419 -0.141
202403 -0.074 131.776 -0.074

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


Emeren Group  (STU:VQKB) 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.


Emeren Group E10 Related Terms

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


Emeren Group (STU:VQKB) Business Description

Traded in Other Exchanges
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.

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