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TIIAY (Telecom Italia SpA) E10 : $-0.11 (As of Sep. 2024)


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What is Telecom Italia 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.

Telecom Italia SpA's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.072. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.11 for the trailing ten years ended in Sep. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Telecom Italia SpA was -11.20% per year. The lowest was -41.50% per year. And the median was -14.50% per year.

As of today (2025-03-15), Telecom Italia SpA's current stock price is $3.17. Telecom Italia SpA's E10 for the quarter that ended in Sep. 2024 was $-0.11. Telecom Italia SpA's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Telecom Italia SpA was 58.42. The lowest was 11.71. And the median was 24.18.


Telecom Italia SpA E10 Historical Data

The historical data trend for Telecom Italia 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.

Telecom Italia SpA E10 Chart

Telecom Italia SpA 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 0.24 - - - -

Telecom Italia SpA 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 - -0.11 -0.11 -0.11 -

Competitive Comparison of Telecom Italia SpA's E10

For the Telecom Services subindustry, Telecom Italia 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.


Telecom Italia SpA's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom Italia SpA's Shiller PE Ratio distribution charts can be found below:

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



Telecom Italia 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, Telecom Italia SpA's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.072/121.2000*121.2000
=0.072

Current CPI (Sep. 2024) = 121.2000.

Telecom Italia SpA Quarterly Data

per share eps CPI Adj_EPS
201412 0.247 99.721 0.300
201503 0.046 99.814 0.056
201506 -0.028 100.279 -0.034
201509 0.194 100.000 0.235
201512 -0.244 99.814 -0.296
201603 0.111 99.600 0.135
201606 0.337 99.900 0.409
201609 0.276 100.100 0.334
201612 0.105 100.300 0.127
201703 0.102 101.000 0.122
201706 0.211 101.100 0.253
201709 0.247 101.200 0.296
201712 0.049 101.200 0.059
201803 0.116 101.800 0.138
201806 0.185 102.400 0.219
201809 -0.775 102.600 -0.915
201812 -0.006 102.300 -0.007
201903 0.088 102.800 0.104
201906 0.207 103.100 0.243
201909 0.157 102.900 0.185
201912 -0.001 102.800 -0.001
202003 0.294 102.900 0.346
202006 0.028 102.900 0.033
202009 0.280 102.300 0.332
202012 3.432 102.600 4.054
202103 -0.128 103.700 -0.150
202106 0.045 104.200 0.052
202109 0.077 104.900 0.089
202112 -4.597 106.600 -5.227
202203 -0.106 110.400 -0.116
202206 -0.139 112.500 -0.150
202209 -1.046 114.200 -1.110
202212 -0.098 119.000 -0.100
202303 -0.347 118.800 -0.354
202306 -0.063 119.700 -0.064
202309 -0.156 120.300 -0.157
202312 -0.163 119.700 -0.165
202403 -0.205 120.200 -0.207
202406 -0.125 120.700 -0.126
202409 0.072 121.200 0.072

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


Telecom Italia SpA  (OTCPK:TIIAY) 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.

During the past 13 years, the highest Shiller P/E Ratio of Telecom Italia SpA was 58.42. The lowest was 11.71. And the median was 24.18.


Be Aware

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


Telecom Italia SpA E10 Related Terms

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


Telecom Italia SpA Business Description

Address
Corso D'Italia, 41, Roma, ITA, 00198
Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% share in the Italian mobile market and 40% share in broadband. In the mobile market, it competes with Vodafone, Wind Tre, and Iliad. After the sale of its fixed network to KKR for EUR 18.8 billion, TIM will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with competitors Telefonica and America Movil.

Telecom Italia SpA Headlines

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