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Budimex (WAR:BDX) E10 : zł27.05 (As of Sep. 2024)


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What is Budimex 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.

Budimex's adjusted earnings per share data for the three months ended in Sep. 2024 was zł17.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł27.05 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Budimex's average E10 Growth Rate was 13.90% per year. During the past 3 years, the average E10 Growth Rate was 26.20% per year. During the past 5 years, the average E10 Growth Rate was 19.40% 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 Budimex was 26.20% per year. The lowest was 15.70% per year. And the median was 22.50% per year.

As of today (2025-03-14), Budimex's current stock price is zł635.00. Budimex's E10 for the quarter that ended in Sep. 2024 was zł27.05. Budimex's Shiller PE Ratio of today is 23.48.

During the past 13 years, the highest Shiller PE Ratio of Budimex was 32.34. The lowest was 9.53. And the median was 16.59.


Budimex E10 Historical Data

The historical data trend for Budimex'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.

Budimex E10 Chart

Budimex 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 11.15 11.97 16.58 20.52 24.06

Budimex Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 23.75 24.06 24.49 25.17 27.05

Competitive Comparison of Budimex's E10

For the Engineering & Construction subindustry, Budimex'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.


Budimex's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Budimex's Shiller PE Ratio distribution charts can be found below:

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



Budimex 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, Budimex'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)
=17.51/153.4391*153.4391
=17.510

Current CPI (Sep. 2024) = 153.4391.

Budimex Quarterly Data

per share eps CPI Adj_EPS
201412 2.240 100.122 3.433
201503 1.460 100.041 2.239
201506 2.720 100.448 4.155
201509 2.140 99.634 3.296
201512 2.930 99.471 4.520
201603 2.020 98.983 3.131
201606 3.700 99.552 5.703
201609 4.110 99.064 6.366
201612 6.210 100.366 9.494
201703 3.340 101.018 5.073
201706 4.290 101.180 6.506
201709 5.580 101.343 8.448
201712 4.990 102.564 7.465
201803 2.480 102.564 3.710
201806 2.540 103.378 3.770
201809 4.020 103.378 5.967
201812 2.920 103.785 4.317
201903 1.120 104.274 1.648
201906 1.710 105.983 2.476
201909 2.550 105.983 3.692
201912 3.480 107.123 4.985
202003 0.860 109.076 1.210
202006 3.470 109.402 4.867
202009 5.740 109.320 8.057
202012 7.930 109.565 11.106
202103 2.640 112.658 3.596
202106 25.600 113.960 34.469
202109 3.960 115.588 5.257
202112 5.848 119.088 7.535
202203 2.210 125.031 2.712
202206 5.670 131.705 6.606
202209 6.160 135.531 6.974
202212 6.890 139.113 7.600
202303 4.160 145.950 4.373
202306 6.600 147.009 6.889
202309 17.640 146.113 18.524
202312 11.274 147.741 11.709
202403 4.670 149.044 4.808
202406 6.170 150.997 6.270
202409 17.510 153.439 17.510

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


Budimex  (WAR:BDX) 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.

Budimex's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=635.00/27.05
=23.48

* 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 Budimex was 32.34. The lowest was 9.53. And the median was 16.59.


Be Aware

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


Budimex E10 Related Terms

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


Budimex Business Description

Traded in Other Exchanges
Address
Siedmiogrodzka 9 Street, Warsaw, POL, 01-204
Budimex SA provides construction services, property development and management, and other systems to better coordinate resources and construct complex structures. The company has two operating segments: construction business, and service activities. The company generates the majority of its revenue from the Construction business segment. Construction business covers rendering of widely understood construction and assembly services at home and abroad. The segment of service activities comprises comprehensive services in the field of municipal waste management, comprehensive road and lighting infrastructure maintenance and technical operation (maintenance) of buildings.