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IMS (WAR:IMS) E10 : zł0.28 (As of Mar. 2024)


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What is IMS 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.

IMS's adjusted earnings per share data for the three months ended in Mar. 2024 was zł0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, IMS's average E10 Growth Rate was -50.00% 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 (2024-06-21), IMS's current stock price is zł4.39. IMS's E10 for the quarter that ended in Mar. 2024 was zł0.28. IMS's Shiller PE Ratio of today is 15.68.

During the past 13 years, the highest Shiller PE Ratio of IMS was 17.32. The lowest was 4.52. And the median was 9.52.


IMS E10 Historical Data

The historical data trend for IMS'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.

IMS E10 Chart

IMS 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 - - 0.32 0.53 0.28

IMS 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 0.56 0.28 0.28 0.28 0.28

Competitive Comparison of IMS's E10

For the Advertising Agencies subindustry, IMS'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.


IMS's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IMS's Shiller PE Ratio distribution charts can be found below:

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



IMS 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, IMS'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)
=0.06/149.0435*149.0435
=0.060

Current CPI (Mar. 2024) = 149.0435.

IMS Quarterly Data

per share eps CPI Adj_EPS
201406 0.044 101.180 0.065
201409 0.032 100.611 0.047
201412 0.050 100.122 0.074
201503 0.050 100.041 0.074
201506 0.040 100.448 0.059
201509 0.050 99.634 0.075
201512 0.070 99.471 0.105
201603 0.040 98.983 0.060
201606 0.029 99.552 0.043
201609 0.030 99.064 0.045
201612 0.070 100.366 0.104
201703 0.030 101.018 0.044
201706 0.060 101.180 0.088
201709 0.040 101.343 0.059
201712 0.100 102.564 0.145
201803 0.070 102.564 0.102
201806 0.060 103.378 0.087
201809 0.050 103.378 0.072
201812 0.100 103.785 0.144
201903 0.050 104.274 0.071
201906 0.070 105.983 0.098
201909 0.060 105.983 0.084
201912 0.110 107.123 0.153
202003 0.030 109.076 0.041
202006 0.010 109.402 0.014
202009 0.040 109.320 0.055
202012 0.010 109.565 0.014
202103 -0.001 112.658 -0.001
202106 0.120 113.960 0.157
202109 0.030 115.588 0.039
202112 0.070 119.088 0.088
202203 0.050 125.031 0.060
202206 0.060 131.705 0.068
202209 0.040 135.531 0.044
202212 0.050 139.113 0.054
202303 0.040 145.950 0.041
202306 0.070 147.009 0.071
202309 0.060 146.113 0.061
202312 0.060 147.741 0.061
202403 0.060 149.044 0.060

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


IMS  (WAR:IMS) 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.

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

Shiller PE Ratio=Share Price/E10
=4.39/0.28
=15.68

* 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 IMS was 17.32. The lowest was 4.52. And the median was 9.52.


Be Aware

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


IMS E10 Related Terms

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


IMS (WAR:IMS) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Pu?awska 366, Warsaw, POL, 02-819
IMS SA offers sensory marketing services in Poland. The company operates in the media and modern technology segment. The company's services include Audio marketing, Digital Signage, Scent marketing, Event marketing, Technology and development for sensory marketing.

IMS (WAR:IMS) Headlines

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