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CPD (WAR:CPD) E10 : zł1.39 (As of Mar. 2024)


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What is CPD 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.

CPD's adjusted earnings per share data for the three months ended in Mar. 2024 was zł-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł1.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CPD's average E10 Growth Rate was 71.60% 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.

As of today (2024-06-19), CPD's current stock price is zł3.66. CPD's E10 for the quarter that ended in Mar. 2024 was zł1.39. CPD's Shiller PE Ratio of today is 2.63.

During the past 13 years, the highest Shiller PE Ratio of CPD was 23.04. The lowest was 2.46. And the median was 7.75.


CPD E10 Historical Data

The historical data trend for CPD'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.

CPD E10 Chart

CPD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.41 1.00

CPD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.81 1.00 1.32 1.35 1.39

Competitive Comparison of CPD's E10

For the Real Estate - Diversified subindustry, CPD'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.


CPD's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CPD's Shiller PE Ratio distribution charts can be found below:

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



CPD 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, CPD'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)
=-0.01/149.0435*149.0435
=-0.010

Current CPI (Mar. 2024) = 149.0435.

CPD Quarterly Data

per share eps CPI Adj_EPS
201312 -0.590 101.018 -0.870
201403 -0.150 101.262 -0.221
201406 -0.120 101.180 -0.177
201409 1.530 100.611 2.267
201412 1.400 100.122 2.084
201503 0.870 100.041 1.296
201506 -0.900 100.448 -1.335
201509 -0.070 99.634 -0.105
201512 1.160 99.471 1.738
201603 -0.060 98.983 -0.090
201606 -0.050 99.552 -0.075
201609 -0.100 99.064 -0.150
201612 0.040 100.366 0.059
201703 -0.200 101.018 -0.295
201706 0.070 101.180 0.103
201709 0.080 101.343 0.118
201712 0.090 102.564 0.131
201803 0.270 102.564 0.392
201806 0.200 103.378 0.288
201809 0.080 103.378 0.115
201812 -0.430 103.785 -0.618
201903 0.370 104.274 0.529
201906 1.490 105.983 2.095
201909 1.230 105.983 1.730
201912 0.050 107.123 0.070
202003 -0.020 109.076 -0.027
202006 -0.340 109.402 -0.463
202009 0.150 109.320 0.205
202012 1.250 109.565 1.700
202103 1.190 112.658 1.574
202106 -0.070 113.960 -0.092
202109 0.210 115.588 0.271
202112 0.790 119.088 0.989
202203 0.690 125.031 0.823
202206 -3.640 131.705 -4.119
202209 2.000 135.531 2.199
202212 -0.350 139.113 -0.375
202303 2.480 145.950 2.533
202306 -0.360 147.009 -0.365
202403 -0.010 149.044 -0.010

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


CPD  (WAR:CPD) 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.

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

Shiller PE Ratio=Share Price/E10
=3.66/1.39
=2.63

* 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 CPD was 23.04. The lowest was 2.46. And the median was 7.75.


Be Aware

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


CPD E10 Related Terms

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


CPD (WAR:CPD) Business Description

Traded in Other Exchanges
N/A
Address
ul. Cybernetics 7b, Warszawa, POL, 02-677
CPD SA through its subsidiaries is involved in developing and selling office and residential properties in Poland and internationally. The company also acquires lands; and constructs office, commercial, and residential buildings, as well as leases office buildings and warehouses. In addition, it provides commercial real estate management services.

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