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Skarbiec Holding (WAR:SKH) E10 : zł4.83 (As of Mar. 2024)


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What is Skarbiec Holding 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.

Skarbiec Holding's adjusted earnings per share data for the three months ended in Mar. 2024 was zł0.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł4.83 for the trailing ten years ended in Mar. 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 (2024-06-24), Skarbiec Holding's current stock price is zł24.10. Skarbiec Holding's E10 for the quarter that ended in Mar. 2024 was zł4.83. Skarbiec Holding's Shiller PE Ratio of today is 4.99.

During the past 9 years, the highest Shiller PE Ratio of Skarbiec Holding was 5.13. The lowest was 4.39. And the median was 4.69.


Skarbiec Holding E10 Historical Data

The historical data trend for Skarbiec Holding'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.

Skarbiec Holding E10 Chart

Skarbiec Holding Annual Data
Trend Dec13 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only - - - - -

Skarbiec Holding 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 - - - - 4.83

Competitive Comparison of Skarbiec Holding's E10

For the Asset Management subindustry, Skarbiec Holding'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.


Skarbiec Holding's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Skarbiec Holding's Shiller PE Ratio distribution charts can be found below:

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



Skarbiec Holding 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, Skarbiec Holding'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)
=0.37/149.0435*149.0435
=0.370

Current CPI (Mar. 2024) = 149.0435.

Skarbiec Holding Quarterly Data

per share eps CPI Adj_EPS
201312 4.150 101.018 6.123
201403 0.707 101.262 1.041
201409 0.702 100.611 1.040
201412 0.631 100.122 0.939
201503 1.360 100.041 2.026
201509 0.490 99.634 0.733
201512 0.480 99.471 0.719
201603 0.440 98.983 0.663
201606 0.490 99.552 0.734
201609 1.410 99.064 2.121
201612 0.480 100.366 0.713
201703 1.240 101.018 1.830
201706 1.628 101.180 2.398
201709 0.750 101.343 1.103
201712 0.730 102.564 1.061
201803 0.880 102.564 1.279
201806 0.511 103.378 0.737
201809 0.550 103.378 0.793
201812 0.398 103.785 0.572
201903 2.030 104.274 2.902
201906 1.580 105.983 2.222
201909 0.500 105.983 0.703
201912 1.370 107.123 1.906
202003 0.230 109.076 0.314
202006 2.278 109.402 3.103
202009 3.550 109.320 4.840
202012 2.380 109.565 3.238
202103 0.670 112.658 0.886
202106 2.360 113.960 3.087
202109 1.860 115.588 2.398
202112 0.140 119.088 0.175
202203 -0.170 125.031 -0.203
202206 -0.430 131.705 -0.487
202209 -0.540 135.531 -0.594
202212 -0.500 139.113 -0.536
202303 -0.180 145.950 -0.184
202306 -2.420 147.009 -2.453
202309 0.010 146.113 0.010
202312 -0.030 147.741 -0.030
202403 0.370 149.044 0.370

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


Skarbiec Holding  (WAR:SKH) 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.

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

Shiller PE Ratio=Share Price/E10
=24.10/4.83
=4.99

* 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 9 years, the highest Shiller P/E Ratio of Skarbiec Holding was 5.13. The lowest was 4.39. And the median was 4.69.


Be Aware

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


Skarbiec Holding E10 Related Terms

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


Skarbiec Holding (WAR:SKH) Business Description

Traded in Other Exchanges
N/A
Address
Al. Armii Ludowej 26, Warsaw, POL, 00-609
Skarbiec Holding SA is an investment fund company on the Polish market. The company manages investment funds and portfolios, observing the rules of investment risk reduction.

Skarbiec Holding (WAR:SKH) Headlines

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