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Votum (WAR:VOT) E10 : zł3.63 (As of Sep. 2024)


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What is Votum 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.

Votum's adjusted earnings per share data for the three months ended in Sep. 2024 was zł1.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł3.63 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Votum's average E10 Growth Rate was 36.00% 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 (2025-01-18), Votum's current stock price is zł31.80. Votum's E10 for the quarter that ended in Sep. 2024 was zł3.63. Votum's Shiller PE Ratio of today is 8.76.

During the past 13 years, the highest Shiller PE Ratio of Votum was 34.19. The lowest was 8.28. And the median was 17.30.


Votum E10 Historical Data

The historical data trend for Votum'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.

Votum E10 Chart

Votum 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 - - 0.93 1.83 3.03

Votum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 2.67 3.03 3.22 3.44 3.63

Competitive Comparison of Votum's E10

For the Specialty Business Services subindustry, Votum'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.


Votum's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Votum's Shiller PE Ratio distribution charts can be found below:

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



Votum 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, Votum'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)
=1.59/153.4391*153.4391
=1.590

Current CPI (Sep. 2024) = 153.4391.

Votum Quarterly Data

per share eps CPI Adj_EPS
201412 0.398 100.122 0.610
201503 0.280 100.041 0.429
201506 0.357 100.448 0.545
201509 0.280 99.634 0.431
201512 0.299 99.471 0.461
201603 0.340 98.983 0.527
201606 0.268 99.552 0.413
201609 0.150 99.064 0.232
201612 0.280 100.366 0.428
201703 0.250 101.018 0.380
201706 0.100 101.180 0.152
201709 -0.060 101.343 -0.091
201712 -0.025 102.564 -0.037
201803 0.150 102.564 0.224
201806 0.154 103.378 0.229
201809 0.080 103.378 0.119
201812 0.296 103.785 0.438
201903 0.350 104.274 0.515
201906 0.387 105.983 0.560
201909 0.340 105.983 0.492
201912 0.360 107.123 0.516
202003 0.340 109.076 0.478
202006 0.000 109.402 0.000
202009 0.170 109.320 0.239
202012 0.203 109.565 0.284
202103 0.190 112.658 0.259
202106 -0.040 113.960 -0.054
202109 0.040 115.588 0.053
202112 0.650 119.088 0.837
202203 1.370 125.031 1.681
202206 2.206 131.705 2.570
202209 1.250 135.531 1.415
202212 2.800 139.113 3.088
202303 3.090 145.950 3.249
202306 2.410 147.009 2.515
202309 2.290 146.113 2.405
202312 3.370 147.741 3.500
202403 1.700 149.044 1.750
202406 1.970 150.997 2.002
202409 1.590 153.439 1.590

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


Votum  (WAR:VOT) 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.

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

Shiller PE Ratio=Share Price/E10
=31.80/3.63
=8.76

* 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 Votum was 34.19. The lowest was 8.28. And the median was 17.30.


Be Aware

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


Votum E10 Related Terms

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


Votum Business Description

Traded in Other Exchanges
N/A
Address
st. Racing 56 and, Wroclaw, POL, 53-012
Votum SA is engaged in offering assistance services in claims for damages in Poland. The company specializes in the proceedings concerning the claims related to damage to the person covered by the system of mandatory insurance.

Votum Headlines

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