GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MERLIN GROUP Spolka Akcyjna (WAR:MRG) » Definitions » E10

MERLIN GROUP Spolka Akcyjna (WAR:MRG) E10 : zł-0.42 (As of Sep. 2022)


View and export this data going back to 2012. Start your Free Trial

What is MERLIN GROUP Spolka Akcyjna 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.

MERLIN GROUP Spolka Akcyjna's adjusted earnings per share data for the three months ended in Sep. 2022 was zł-0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-0.42 for the trailing ten years ended in Sep. 2022.

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 (2024-05-21), MERLIN GROUP Spolka Akcyjna's current stock price is zł0.17. MERLIN GROUP Spolka Akcyjna's E10 for the quarter that ended in Sep. 2022 was zł-0.42. MERLIN GROUP Spolka Akcyjna's Shiller PE Ratio of today is .


MERLIN GROUP Spolka Akcyjna E10 Historical Data

The historical data trend for MERLIN GROUP Spolka Akcyjna'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.

MERLIN GROUP Spolka Akcyjna E10 Chart

MERLIN GROUP Spolka Akcyjna Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

MERLIN GROUP Spolka Akcyjna Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22
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 - -0.36 -0.37 -0.42 -0.42

Competitive Comparison of MERLIN GROUP Spolka Akcyjna's E10

For the Advertising Agencies subindustry, MERLIN GROUP Spolka Akcyjna'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.


MERLIN GROUP Spolka Akcyjna's Shiller PE Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where MERLIN GROUP Spolka Akcyjna's Shiller PE Ratio falls into.



MERLIN GROUP Spolka Akcyjna 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, MERLIN GROUP Spolka Akcyjna's adjusted earnings per share data for the three months ended in Sep. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0.002/135.5311*135.5311
=-0.002

Current CPI (Sep. 2022) = 135.5311.

MERLIN GROUP Spolka Akcyjna Quarterly Data

per share eps CPI Adj_EPS
201209 0.000 99.715 0.000
201212 0.000 100.285 0.000
201303 0.000 100.529 0.000
201306 0.000 100.855 0.000
201309 0.019 100.936 0.026
201312 -0.839 101.018 -1.126
201403 -0.006 101.262 -0.008
201406 -0.062 101.180 -0.083
201409 -0.019 100.611 -0.026
201412 0.140 100.122 0.190
201503 -0.010 100.041 -0.014
201506 -0.015 100.448 -0.020
201509 -0.036 99.634 -0.049
201512 -0.171 99.471 -0.233
201603 -0.016 98.983 -0.022
201606 -0.012 99.552 -0.016
201609 -0.042 99.064 -0.057
201612 -0.230 100.366 -0.311
201703 -0.060 101.018 -0.080
201706 -0.065 101.180 -0.087
201709 -0.050 101.343 -0.067
201712 -0.007 102.564 -0.009
201803 -0.039 102.564 -0.052
201806 -0.058 103.378 -0.076
201809 -0.057 103.378 -0.075
201812 -0.134 103.785 -0.175
201903 -0.028 104.274 -0.036
201906 -0.031 105.983 -0.040
201909 -0.095 105.983 -0.121
201912 -0.035 107.123 -0.044
202003 -0.022 109.076 -0.027
202006 -0.016 109.402 -0.020
202009 -0.013 109.320 -0.016
202012 -0.005 109.565 -0.006
202103 -0.005 112.658 -0.006
202106 0.000 113.960 0.000
202109 -0.004 115.588 -0.005
202203 -0.003 125.031 -0.003
202206 -0.003 131.705 -0.003
202209 -0.002 135.531 -0.002

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


MERLIN GROUP Spolka Akcyjna  (WAR:MRG) 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.


Be Aware

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


MERLIN GROUP Spolka Akcyjna E10 Related Terms

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


MERLIN GROUP Spolka Akcyjna (WAR:MRG) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Modlinska 310/312, Warsaw, POL, 03-152
MERLIN GROUP Spolka Akcyjna is an advertising and marketing company. The company provides professional marketing activities through promotional activities on the internet.

MERLIN GROUP Spolka Akcyjna (WAR:MRG) Headlines

No Headlines