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Fermiere du Casino Municipal de Cannes (XPAR:FCMC) E10 : €86.72 (As of Oct. 2023)


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What is Fermiere du Casino Municipal de Cannes 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.

Fermiere du Casino Municipal de Cannes's adjusted earnings per share data for the fiscal year that ended in Oct. 2023 was €60.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €86.72 for the trailing ten years ended in Oct. 2023.

During the past 12 months, Fermiere du Casino Municipal de Cannes's average E10 Growth Rate was 4.90% per year. During the past 3 years, the average E10 Growth Rate was 7.30% per year. During the past 5 years, the average E10 Growth Rate was 0.60% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Fermiere du Casino Municipal de Cannes was 7.30% per year. The lowest was -6.50% per year. And the median was 1.00% per year.

As of today (2024-06-05), Fermiere du Casino Municipal de Cannes's current stock price is € 1500.00. Fermiere du Casino Municipal de Cannes's E10 for the fiscal year that ended in Oct. 2023 was €86.72. Fermiere du Casino Municipal de Cannes's Shiller PE Ratio of today is 17.30.

During the past 13 years, the highest Shiller PE Ratio of Fermiere du Casino Municipal de Cannes was 21.68. The lowest was 12.46. And the median was 18.38.


Fermiere du Casino Municipal de Cannes E10 Historical Data

The historical data trend for Fermiere du Casino Municipal de Cannes'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.

Fermiere du Casino Municipal de Cannes E10 Chart

Fermiere du Casino Municipal de Cannes Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.25 70.26 68.90 82.66 86.72

Fermiere du Casino Municipal de Cannes Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 68.90 - 82.66 - 86.72

Competitive Comparison of Fermiere du Casino Municipal de Cannes's E10

For the Resorts & Casinos subindustry, Fermiere du Casino Municipal de Cannes'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.


Fermiere du Casino Municipal de Cannes's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fermiere du Casino Municipal de Cannes's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fermiere du Casino Municipal de Cannes's Shiller PE Ratio falls into.



Fermiere du Casino Municipal de Cannes 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, Fermiere du Casino Municipal de Cannes's adjusted earnings per share data for the fiscal year that ended in Oct. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=60.04/118.4300*118.4300
=60.040

Current CPI (Oct. 2023) = 118.4300.

Fermiere du Casino Municipal de Cannes Annual Data

per_share_eps CPI Adj_EPS
201410 62.220 99.950 73.724
201510 88.320 100.010 104.587
201610 86.770 100.370 102.383
201710 167.660 101.430 195.760
201810 120.210 103.670 137.325
201910 81.570 104.460 92.479
202010 -74.570 104.510 -84.502
202110 22.140 107.250 24.448
202210 154.830 113.900 160.988
202310 60.040 118.430 60.040

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


Fermiere du Casino Municipal de Cannes  (XPAR:FCMC) 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.

Fermiere du Casino Municipal de Cannes's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1500.00/86.72
=17.30

* 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 Fermiere du Casino Municipal de Cannes was 21.68. The lowest was 12.46. And the median was 18.38.


Be Aware

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


Fermiere du Casino Municipal de Cannes E10 Related Terms

Thank you for viewing the detailed overview of Fermiere du Casino Municipal de Cannes's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Business Description

Traded in Other Exchanges
N/A
Address
Le Casino Croisette, 1 espace Lucien Barriere, Cannes, FRA, 06400
Fermiere du Casino Municipal de Cannes operates a chain of casino hotels in France. The company offers accommodation, casinos, restaurants, golf courses, spas, and event management.

Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Headlines

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