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Topdanmark A/S (Topdanmark A/S) E10 : $0.27 (As of Mar. 2024)


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What is Topdanmark A/S 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.

Topdanmark A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.061. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Topdanmark A/S's average E10 Growth Rate was -1.70% per year. During the past 3 years, the average E10 Growth Rate was 8.80% per year. During the past 5 years, the average E10 Growth Rate was 8.20% 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 Topdanmark A/S was 10.30% per year. The lowest was 6.30% per year. And the median was 8.40% per year.

As of today (2024-05-21), Topdanmark A/S's current stock price is $4.3765. Topdanmark A/S's E10 for the quarter that ended in Mar. 2024 was $0.27. Topdanmark A/S's Shiller PE Ratio of today is 16.21.

During the past 13 years, the highest Shiller PE Ratio of Topdanmark A/S was 26.85. The lowest was 15.38. And the median was 20.72.


Topdanmark A/S E10 Historical Data

The historical data trend for Topdanmark A/S'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.

Topdanmark A/S E10 Chart

Topdanmark A/S 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 0.21 0.23 0.25 0.26 0.25

Topdanmark A/S 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 0.28 0.32 0.29 0.25 0.27

Competitive Comparison of Topdanmark A/S's E10

For the Insurance - Diversified subindustry, Topdanmark A/S'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.


Topdanmark A/S's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Topdanmark A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Topdanmark A/S's Shiller PE Ratio falls into.



Topdanmark A/S 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, Topdanmark A/S'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)
=0.061/118.4000*118.4000
=0.061

Current CPI (Mar. 2024) = 118.4000.

Topdanmark A/S Quarterly Data

per share eps CPI Adj_EPS
201406 0.087 99.700 0.103
201409 0.050 99.700 0.059
201412 0.048 99.400 0.057
201503 0.041 100.200 0.048
201506 0.054 100.300 0.064
201509 0.032 100.200 0.038
201512 0.047 99.800 0.056
201603 0.025 100.200 0.030
201606 0.069 100.600 0.081
201609 0.087 100.200 0.103
201612 0.067 100.300 0.079
201703 0.069 101.200 0.081
201706 0.083 101.200 0.097
201709 0.086 101.800 0.100
201712 0.070 101.300 0.082
201803 0.051 101.700 0.059
201806 0.063 102.300 0.073
201809 0.083 102.400 0.096
201812 0.046 102.100 0.053
201903 0.077 102.900 0.089
201906 0.068 102.900 0.078
201909 0.049 102.900 0.056
201912 0.073 102.900 0.084
202003 -0.033 103.300 -0.038
202006 0.066 103.200 0.076
202009 0.065 103.500 0.074
202012 0.108 103.400 0.124
202103 0.115 104.300 0.131
202106 0.096 105.000 0.108
202109 0.063 105.800 0.071
202112 0.108 106.600 0.120
202203 0.027 109.900 0.029
202206 0.055 113.600 0.057
202209 0.044 116.400 0.045
202212 0.221 115.900 0.226
202303 0.060 117.300 0.061
202306 0.042 116.400 0.043
202309 0.042 117.400 0.042
202312 0.026 116.700 0.026
202403 0.061 118.400 0.061

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


Topdanmark A/S  (OTCPK:TPDKY) 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.

Topdanmark A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.3765/0.27
=16.21

* 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 Topdanmark A/S was 26.85. The lowest was 15.38. And the median was 20.72.


Be Aware

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


Topdanmark A/S E10 Related Terms

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


Topdanmark A/S (Topdanmark A/S) Business Description

Traded in Other Exchanges
Address
Borupvang 4, Ballerup, DNK, DK-2750
Topdanmark A/S is a diversified insurance company that offers a variety of insurance products in Denmark. The company strives to maintain an expense ratio lower than the general market. Topdanmark offers life insurance, as well as non-life-insurance products that cover private households and small businesses. The company´s insurance business is segmented into three: Private offers non-life insurance policies to individual households in Denmark. This segment also includes illness and accident insurance offered through the life company; SME offers non-life insurance policies to Danish-based agricultural and SME businesses; Life offers products within life insurance and pension funds to both private and SME customers in Denmark.

Topdanmark A/S (Topdanmark A/S) Headlines

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