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CIEL (XMAU:CIEL) E10 : MUR0.52 (As of Dec. 2024)


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What is CIEL 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.

CIEL's adjusted earnings per share data for the three months ended in Dec. 2024 was MUR0.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MUR0.52 for the trailing ten years ended in Dec. 2024.

During the past 12 months, CIEL's average E10 Growth Rate was 57.60% 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 (2025-04-05), CIEL's current stock price is MUR9.70. CIEL's E10 for the quarter that ended in Dec. 2024 was MUR0.52. CIEL's Shiller PE Ratio of today is 18.65.

During the past 12 years, the highest Shiller PE Ratio of CIEL was 37.53. The lowest was 13.29. And the median was 19.33.


CIEL E10 Historical Data

The historical data trend for CIEL'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.

CIEL E10 Chart

CIEL Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.24 0.48

CIEL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.33 0.34 0.48 0.51 0.52

Competitive Comparison of CIEL's E10

For the Conglomerates subindustry, CIEL'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.


CIEL's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CIEL's Shiller PE Ratio distribution charts can be found below:

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


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CIEL 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, CIEL's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.4/133.1571*133.1571
=0.400

Current CPI (Dec. 2024) = 133.1571.

CIEL Quarterly Data

per share eps CPI Adj_EPS
201503 0.180 99.621 0.241
201506 0.330 100.684 0.436
201509 -0.001 100.392 -0.001
201512 0.100 99.792 0.133
201603 0.070 100.470 0.093
201606 0.140 101.688 0.183
201609 0.010 101.861 0.013
201612 0.170 101.863 0.222
201703 0.090 102.862 0.117
201706 0.030 103.349 0.039
201709 -0.020 104.136 -0.026
201712 0.170 104.011 0.218
201803 0.050 105.290 0.063
201806 0.070 106.317 0.088
201809 0.050 106.507 0.063
201812 0.140 105.998 0.176
201903 0.050 107.251 0.062
201906 -0.760 108.070 -0.936
201909 0.040 108.329 0.049
201912 0.180 108.420 0.221
202003 -0.100 108.902 -0.122
202006 -1.120 108.767 -1.371
202009 -0.050 109.815 -0.061
202012 -0.040 109.897 -0.048
202103 -0.070 111.754 -0.083
202106 0.530 114.631 0.616
202109 0.130 115.734 0.150
202112 0.210 117.630 0.238
202203 0.160 121.301 0.176
202206 0.260 125.017 0.277
202209 0.290 125.227 0.308
202212 0.450 125.222 0.479
202303 0.280 127.348 0.293
202306 0.550 128.729 0.569
202309 0.350 129.860 0.359
202312 0.600 129.419 0.617
202403 0.320 131.776 0.323
202406 0.390 132.554 0.392
202409 0.270 133.029 0.270
202412 0.400 133.157 0.400

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


CIEL  (XMAU:CIEL) 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.

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

Shiller PE Ratio=Share Price/E10
=9.70/0.52
=18.65

* 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 12 years, the highest Shiller P/E Ratio of CIEL was 37.53. The lowest was 13.29. And the median was 19.33.


Be Aware

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


CIEL E10 Related Terms

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


CIEL Business Description

Traded in Other Exchanges
N/A
Address
Rue de l’Institut, 5th Floor, Ebene Skies, Ebene, MUS
CIEL Ltd is an investment holding company. Its reportable segments include; Textile which generates maximum revenue and derives income mainly from the sale of knitwear, woven, and fine knits products; Agro which earns income mainly from sugar production; Finance services which derives income mainly from banking, fiduciary products, and portfolio management; Healthcare derives income through the running of healthcare facilities; Hotels and Resorts derive income through the ownership and management of a portfolio of hotels; Properties generate income mainly from land and property development; and the CIEL and others segment derives income through dividend return from its investments. Geographically, it derives key revenue from Mauritius followed by Madagascar, Asia, South Africa, and others.

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