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Polenergia (WAR:PEP) E10 : zł1.94 (As of Dec. 2023)


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What is Polenergia 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.

Polenergia's adjusted earnings per share data for the three months ended in Dec. 2023 was zł0.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł1.94 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Polenergia's average E10 Growth Rate was 29.30% per year. During the past 3 years, the average E10 Growth Rate was 23.10% per year. During the past 5 years, the average E10 Growth Rate was 6.80% 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 Polenergia was 23.10% per year. The lowest was -2.00% per year. And the median was 9.60% per year.

As of today (2024-05-18), Polenergia's current stock price is zł69.20. Polenergia's E10 for the quarter that ended in Dec. 2023 was zł1.94. Polenergia's Shiller PE Ratio of today is 35.67.

During the past 13 years, the highest Shiller PE Ratio of Polenergia was 83.29. The lowest was 11.82. And the median was 39.57.


Polenergia E10 Historical Data

The historical data trend for Polenergia'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.

Polenergia E10 Chart

Polenergia 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 1.14 1.04 1.45 1.50 1.94

Polenergia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.50 1.73 1.82 1.86 1.94

Competitive Comparison of Polenergia's E10

For the Utilities - Independent Power Producers subindustry, Polenergia'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.


Polenergia's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Polenergia's Shiller PE Ratio distribution charts can be found below:

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



Polenergia 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, Polenergia's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.72/147.7411*147.7411
=0.720

Current CPI (Dec. 2023) = 147.7411.

Polenergia Quarterly Data

per share eps CPI Adj_EPS
201403 0.237 101.262 0.346
201406 0.018 101.180 0.026
201409 0.334 100.611 0.490
201412 0.314 100.122 0.463
201503 0.519 100.041 0.766
201506 0.181 100.448 0.266
201509 0.325 99.634 0.482
201512 0.281 99.471 0.417
201603 0.703 98.983 1.049
201606 -1.187 99.552 -1.762
201609 -0.950 99.064 -1.417
201612 -0.721 100.366 -1.061
201703 0.026 101.018 0.038
201706 -0.009 101.180 -0.013
201709 -1.654 101.343 -2.411
201712 -0.067 102.564 -0.097
201803 0.002 102.564 0.003
201806 -0.721 103.378 -1.030
201809 0.466 103.378 0.666
201812 0.317 103.785 0.451
201903 0.716 104.274 1.014
201906 0.167 105.983 0.233
201909 0.560 105.983 0.781
201912 0.667 107.123 0.920
202003 0.967 109.076 1.310
202006 0.281 109.402 0.379
202009 0.308 109.320 0.416
202012 0.580 109.565 0.782
202103 0.743 112.658 0.974
202106 5.361 113.960 6.950
202109 0.912 115.588 1.166
202112 -0.494 119.088 -0.613
202203 2.388 125.031 2.822
202206 0.020 131.705 0.022
202209 -0.050 135.531 -0.055
202212 0.770 139.113 0.818
202303 1.794 145.950 1.816
202306 0.694 147.009 0.697
202309 0.620 146.113 0.627
202312 0.720 147.741 0.720

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


Polenergia  (WAR:PEP) 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.

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

Shiller PE Ratio=Share Price/E10
=69.20/1.94
=35.67

* 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 Polenergia was 83.29. The lowest was 11.82. And the median was 39.57.


Be Aware

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


Polenergia E10 Related Terms

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


Polenergia (WAR:PEP) Business Description

Traded in Other Exchanges
N/A
Address
ul. Krucza 24/26, Warsaw, POL, 00-526
Polenergia SA together with its subsidiaries is involved in generating, distributing, and transmitting electricity in Poland. It produces energy from conventional and renewable sources, such as wind, gas, coal, and biomass. The company distributes electricity to industrial plants, shopping centers, and housing developments in various regions of Poland.

Polenergia (WAR:PEP) Headlines