GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Zignago Vetro SpA (STU:ZVB) » Definitions » E10

Zignago Vetro SpA (STU:ZVB) E10 : €0.67 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Zignago Vetro SpA 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.

Zignago Vetro SpA's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.133. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zignago Vetro SpA's average E10 Growth Rate was 15.30% per year. During the past 3 years, the average E10 Growth Rate was 16.80% per year. During the past 5 years, the average E10 Growth Rate was 11.80% 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 Zignago Vetro SpA was 16.80% per year. The lowest was 6.60% per year. And the median was 9.45% per year.

As of today (2024-05-27), Zignago Vetro SpA's current stock price is €11.80. Zignago Vetro SpA's E10 for the quarter that ended in Mar. 2024 was €0.67. Zignago Vetro SpA's Shiller PE Ratio of today is 17.61.

During the past 13 years, the highest Shiller PE Ratio of Zignago Vetro SpA was 42.93. The lowest was 16.69. And the median was 26.15.


Zignago Vetro SpA E10 Historical Data

The historical data trend for Zignago Vetro SpA'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.

Zignago Vetro SpA E10 Chart

Zignago Vetro SpA 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 0.40 0.41 0.44 0.56 0.66

Zignago Vetro SpA 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 0.58 0.63 0.64 0.66 0.67

Competitive Comparison of Zignago Vetro SpA's E10

For the Packaging & Containers subindustry, Zignago Vetro SpA'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.


Zignago Vetro SpA's Shiller PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zignago Vetro SpA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Zignago Vetro SpA's Shiller PE Ratio falls into.



Zignago Vetro SpA 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, Zignago Vetro SpA'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)
=0.133/120.2000*120.2000
=0.133

Current CPI (Mar. 2024) = 120.2000.

Zignago Vetro SpA Quarterly Data

per share eps CPI Adj_EPS
201406 0.075 100.093 0.090
201409 0.057 99.814 0.069
201412 0.083 99.721 0.100
201503 0.062 99.814 0.075
201506 0.090 100.279 0.108
201509 0.073 100.000 0.088
201512 0.108 99.814 0.130
201603 0.070 99.600 0.084
201606 0.076 99.900 0.091
201609 0.075 100.100 0.090
201612 0.138 100.300 0.165
201703 0.088 101.000 0.105
201706 0.123 101.100 0.146
201709 0.087 101.200 0.103
201712 0.160 101.200 0.190
201803 0.113 101.800 0.133
201806 0.115 102.400 0.135
201809 0.132 102.600 0.155
201812 0.146 102.300 0.172
201903 0.119 102.800 0.139
201906 0.137 103.100 0.160
201909 0.155 102.900 0.181
201912 0.187 102.800 0.219
202003 0.085 102.900 0.099
202006 0.074 102.900 0.086
202009 0.122 102.300 0.143
202012 0.234 102.600 0.274
202103 0.131 103.700 0.152
202106 0.197 104.200 0.227
202109 0.177 104.900 0.203
202112 0.170 106.600 0.192
202203 0.141 110.400 0.154
202206 0.208 112.500 0.222
202209 0.147 114.200 0.155
202212 0.477 119.000 0.482
202303 0.333 118.800 0.337
202306 0.503 119.700 0.505
202309 0.235 120.300 0.235
202312 0.302 119.700 0.303
202403 0.133 120.200 0.133

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


Zignago Vetro SpA  (STU:ZVB) 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.

Zignago Vetro SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.80/0.67
=17.61

* 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 Zignago Vetro SpA was 42.93. The lowest was 16.69. And the median was 26.15.


Be Aware

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


Zignago Vetro SpA E10 Related Terms

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


Zignago Vetro SpA (STU:ZVB) Business Description

Traded in Other Exchanges
Address
Via Ita Marzotto 8, Fossalta di Portogruaro, Venice, ITA, 30025
Zignago Vetro SpA operates in the glass production sector. It manufactures hollow glass containers for Food and Beverages and Cosmetics and Perfumery sectors. The business of the group is carried in various geographical locations such as Italy, European Union, North America and other areas. The business activities of the group are divided into Zignago Vetro SpA: carries the production activity of containers for both sectors, Zignago Vetro Brosse SAS: looks into the production of glass containers for perfumes; Zignago Vetro Polska SA: which undertakes the production of customized products for cosmetic and perfumery containers and also for food and beverage niche markets.

Zignago Vetro SpA (STU:ZVB) Headlines

No Headlines