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M-Venture Investment (XKRX:019590) E10 : ₩-10.12 (As of Mar. 2024)


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What is M-Venture Investment 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.

M-Venture Investment's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩451.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩-10.12 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 16.60% per year. During the past 5 years, the average E10 Growth Rate was 9.80% 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 M-Venture Investment was 16.60% per year. The lowest was 7.90% per year. And the median was 12.50% per year.

As of today (2024-06-09), M-Venture Investment's current stock price is ₩921.00. M-Venture Investment's E10 for the quarter that ended in Mar. 2024 was ₩-10.12. M-Venture Investment's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of M-Venture Investment was 2.10. The lowest was 0.00. And the median was 1.24.


M-Venture Investment E10 Historical Data

The historical data trend for M-Venture Investment'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.

M-Venture Investment E10 Chart

M-Venture Investment 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 -91.94 -100.88 -61.87 -71.83 -58.52

M-Venture Investment 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 -78.34 -63.56 -59.98 -58.52 -10.12

Competitive Comparison of M-Venture Investment's E10

For the Asset Management subindustry, M-Venture Investment'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.


M-Venture Investment's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, M-Venture Investment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where M-Venture Investment's Shiller PE Ratio falls into.



M-Venture Investment 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, M-Venture Investment'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)
=451/118.8477*118.8477
=451.000

Current CPI (Mar. 2024) = 118.8477.

M-Venture Investment Quarterly Data

per share eps CPI Adj_EPS
201406 -2.778 99.353 -3.323
201409 -25.611 99.608 -30.558
201412 -82.742 99.098 -99.232
201503 -69.701 99.720 -83.071
201506 -21.355 100.050 -25.367
201509 -12.628 100.110 -14.992
201512 27.539 100.220 32.658
201603 -27.738 100.560 -32.782
201606 -19.405 100.790 -22.882
201609 15.642 101.460 18.323
201612 -178.949 101.560 -209.410
201703 28.093 102.850 32.463
201706 -8.255 102.610 -9.561
201709 31.659 103.490 36.357
201712 -158.487 102.990 -182.890
201803 -26.537 104.100 -30.296
201806 33.136 104.130 37.819
201809 80.733 105.650 90.818
201812 1.892 104.350 2.155
201903 1.340 104.490 1.524
201906 107.000 104.880 121.250
201909 -2.530 105.200 -2.858
201912 27.110 105.120 30.650
202003 -22.420 105.540 -25.247
202006 -18.000 104.870 -20.399
202009 -2.000 106.200 -2.238
202012 -121.000 105.765 -135.967
202103 -2.000 107.357 -2.214
202106 -22.000 107.579 -24.305
202109 -0.363 108.759 -0.397
202112 37.000 109.676 40.094
202203 -7.000 111.806 -7.441
202206 51.000 114.083 53.130
202209 53.000 114.831 54.854
202212 -292.000 115.200 -301.245
202303 -52.000 116.550 -53.025
202306 29.000 117.140 29.423
202309 6.000 119.111 5.987
202312 180.000 118.848 180.000
202403 451.000 118.848 451.000

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


M-Venture Investment  (XKRX:019590) 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.

During the past 13 years, the highest Shiller P/E Ratio of M-Venture Investment was 2.10. The lowest was 0.00. And the median was 1.24.


Be Aware

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


M-Venture Investment E10 Related Terms

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


M-Venture Investment (XKRX:019590) Business Description

Traded in Other Exchanges
N/A
Address
25F City Air Tower, 159-9 Samseong-dong, Gangnam-gu, Seoul, KOR, 135-973
M-Venture Investment Inc is a South Korea-based venture capital firm. It provides investment services, including stock subscription, acquisition of convertible bonds or bonds with warrants, as well as project financing services. It also provides consulting services, including start-up-related business consulting and information services, as well as business advice services to start-up founders; research services for the review of business feasibility; setup and operation of a business incubation center; legal advice, tax information and marketing support services to investee companies, and consulting and advice services regarding corporate mergers or acquisitions, sale of assets and divestitures services.

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