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Starhedge (WAR:SHG) E10 : zł6.10 (As of Sep. 2024)


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What is Starhedge 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.

Starhedge's adjusted earnings per share data for the three months ended in Sep. 2024 was zł0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł6.10 for the trailing ten years ended in Sep. 2024.

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 (2025-03-20), Starhedge's current stock price is zł0.30. Starhedge's E10 for the quarter that ended in Sep. 2024 was zł6.10. Starhedge's Shiller PE Ratio of today is 0.05.

During the past 13 years, the highest Shiller PE Ratio of Starhedge was 0.10. The lowest was 0.04. And the median was 0.07.


Starhedge E10 Historical Data

The historical data trend for Starhedge'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.

Starhedge E10 Chart

Starhedge 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 - -10.16 -17.25 - 4.83

Starhedge Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 5.03 4.22 5.83 6.10

Competitive Comparison of Starhedge's E10

For the Solar subindustry, Starhedge'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.


Starhedge's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Starhedge's Shiller PE Ratio distribution charts can be found below:

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



Starhedge 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, Starhedge'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)
=0.01/153.4391*153.4391
=0.010

Current CPI (Sep. 2024) = 153.4391.

Starhedge Quarterly Data

per share eps CPI Adj_EPS
201409 52.320 100.611 79.792
201412 -16.042 100.122 -24.585
201503 -0.070 100.041 -0.107
201506 -0.320 100.448 -0.489
201509 -0.010 99.634 -0.015
201512 -0.030 99.471 -0.046
201603 -0.010 98.983 -0.016
201606 -0.020 99.552 -0.031
201609 -0.010 99.064 -0.015
201612 0.090 100.366 0.138
201703 -0.002 101.018 -0.003
201706 0.022 101.180 0.033
201709 0.010 101.343 0.015
201712 -0.015 102.564 -0.022
201803 -0.004 102.564 -0.006
201806 0.004 103.378 0.006
201809 0.001 103.378 0.001
201812 0.047 103.785 0.069
201903 0.010 104.274 0.015
201906 0.000 105.983 0.000
201909 0.020 105.983 0.029
201912 0.020 107.123 0.029
202003 0.010 109.076 0.014
202006 0.000 109.402 0.000
202009 0.010 109.320 0.014
202012 -0.010 109.565 -0.014
202103 0.010 112.658 0.014
202106 0.010 113.960 0.013
202109 0.010 115.588 0.013
202112 0.000 119.088 0.000
202203 0.010 125.031 0.012
202206 0.011 131.705 0.013
202209 -0.010 135.531 -0.011
202212 0.003 139.113 0.003
202303 0.010 145.950 0.011
202306 0.000 147.009 0.000
202309 0.010 146.113 0.011
202403 0.010 149.044 0.010
202406 0.004 150.997 0.004
202409 0.010 153.439 0.010

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


Starhedge  (WAR:SHG) 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.

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

Shiller PE Ratio=Share Price/E10
=0.30/6.10
=0.05

* 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 Starhedge was 0.10. The lowest was 0.04. And the median was 0.07.


Be Aware

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


Starhedge E10 Related Terms

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


Starhedge Business Description

Traded in Other Exchanges
N/A
Address
Ul. Pankiewicza 3, Warsaw, POL, 00 696
Starhedge SA is a Poland-based company active in the renewable energy sector. The company has made investments in the renewable energy sector by acquiring shares in companies that own photovoltaic panels and specialize in services related to the sale and distribution of energy.