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Meta Platforms (XKAZ:META_KZ) E10 : ₸2,777.09 (As of Mar. 2024)


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What is Meta Platforms 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.

Meta Platforms's adjusted earnings per share data for the three months ended in Mar. 2024 was ₸2,121.196. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₸2,777.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Meta Platforms's average E10 Growth Rate was 25.40% per year. During the past 3 years, the average E10 Growth Rate was 29.90% 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 Meta Platforms was 29.90% per year. The lowest was 29.90% per year. And the median was 29.90% per year.

As of today (2024-05-05), Meta Platforms's current stock price is ₸155000.00. Meta Platforms's E10 for the quarter that ended in Mar. 2024 was ₸2,777.09. Meta Platforms's Shiller PE Ratio of today is 55.81.

During the past 13 years, the highest Shiller PE Ratio of Meta Platforms was 84.80. The lowest was 14.08. And the median was 42.91.


Meta Platforms E10 Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms E10 Chart

Meta Platforms 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 - 1,622.94 2,488.48 8,526.67 3,617.08

Meta Platforms 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 5,075.49 3,942.78 4,016.85 3,617.08 2,777.09

Competitive Comparison of Meta Platforms's E10

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Shiller PE Ratio distribution charts can be found below:

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



Meta Platforms 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, Meta Platforms'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)
=2121.196/129.4194*129.4194
=2,121.196

Current CPI (Mar. 2024) = 129.4194.

Meta Platforms Quarterly Data

per share eps CPI Adj_EPS
201406 54.408 100.560 70.023
201409 53.850 100.428 69.395
201412 45.015 99.070 58.805
201503 32.920 99.621 42.767
201506 45.908 100.684 59.010
201509 83.418 100.392 107.538
201512 181.580 99.792 235.489
201603 204.390 100.470 263.282
201606 261.479 101.688 332.787
201609 299.466 101.861 380.486
201612 401.647 101.863 510.304
201703 326.664 102.862 411.003
201706 420.116 103.349 526.092
201709 537.818 104.136 668.399
201712 474.941 104.011 590.962
201803 543.724 105.290 668.333
201806 575.244 106.317 700.244
201809 639.707 106.507 777.327
201812 888.145 105.998 1,084.391
201903 320.679 107.251 386.964
201906 348.039 108.070 416.797
201909 823.535 108.329 983.864
201912 981.916 108.420 1,172.098
202003 644.966 108.902 766.483
202006 733.626 108.767 872.923
202009 1,133.512 109.815 1,335.870
202012 1,651.018 109.897 1,944.313
202103 1,380.126 111.754 1,598.282
202106 1,543.600 114.631 1,742.732
202109 1,371.398 115.734 1,533.560
202112 1,600.414 117.630 1,760.822
202203 1,325.083 121.301 1,413.768
202206 1,053.815 125.017 1,090.926
202209 772.096 125.227 797.948
202212 823.152 125.222 850.745
202303 969.056 127.348 984.820
202306 1,336.113 128.729 1,343.282
202309 2,007.635 129.860 2,000.831
202312 2,457.503 129.419 2,457.503
202403 2,121.196 129.419 2,121.196

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


Meta Platforms  (XKAZ:META_KZ) 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.

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

Shiller PE Ratio=Share Price/E10
=155000.00/2777.09
=55.81

* 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 Meta Platforms was 84.80. The lowest was 14.08. And the median was 42.91.


Be Aware

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


Meta Platforms E10 Related Terms

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


Meta Platforms (XKAZ:META_KZ) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Meta Platforms (XKAZ:META_KZ) Headlines

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