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Paz (XSGO:PAZ) E10 : CLP106.28 (As of Mar. 2024)


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What is Paz 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.

Paz's adjusted earnings per share data for the three months ended in Mar. 2024 was CLP7.970. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CLP106.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Paz's average E10 Growth Rate was 1.80% per year. During the past 3 years, the average E10 Growth Rate was 15.00% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Paz was 15.00% per year. The lowest was 15.00% per year. And the median was 15.00% per year.

As of today (2024-06-05), Paz's current stock price is CLP609.97. Paz's E10 for the quarter that ended in Mar. 2024 was CLP106.28. Paz's Shiller PE Ratio of today is 5.74.

During the past 13 years, the highest Shiller PE Ratio of Paz was 10.33. The lowest was 2.70. And the median was 4.51.


Paz E10 Historical Data

The historical data trend for Paz'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.

Paz E10 Chart

Paz 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 - 70.46 81.11 102.44 107.08

Paz 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 104.40 103.84 104.64 107.08 106.28

Competitive Comparison of Paz's E10

For the Real Estate Services subindustry, Paz'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.


Paz's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Paz's Shiller PE Ratio distribution charts can be found below:

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



Paz 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, Paz'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)
=7.97/146.1089*146.1089
=7.970

Current CPI (Mar. 2024) = 146.1089.

Paz Quarterly Data

per share eps CPI Adj_EPS
201406 16.790 95.543 25.676
201409 26.550 96.883 40.040
201412 21.900 97.515 32.813
201503 21.390 98.539 31.716
201506 20.030 99.770 29.333
201509 8.860 101.383 12.769
201512 71.840 101.775 103.134
201603 22.150 102.930 31.442
201606 2.260 103.965 3.176
201609 15.750 104.521 22.017
201612 31.260 104.532 43.694
201703 24.910 105.752 34.416
201706 25.680 105.730 35.487
201709 13.390 106.035 18.450
201712 12.980 106.907 17.740
201803 27.240 107.670 36.965
201806 13.000 108.421 17.519
201809 11.000 109.369 14.695
201812 26.670 109.653 35.537
201903 28.280 110.339 37.448
201906 29.850 111.352 39.167
201909 17.220 111.821 22.500
201912 11.910 112.943 15.407
202003 -1.610 114.468 -2.055
202006 15.850 114.283 20.264
202009 6.230 115.275 7.896
202012 13.640 116.299 17.136
202103 7.000 117.770 8.684
202106 0.200 118.630 0.246
202109 26.500 121.431 31.886
202112 47.610 124.634 55.813
202203 29.920 128.850 33.928
202206 43.940 133.448 48.109
202209 30.330 138.101 32.089
202212 30.080 140.574 31.264
202303 12.560 143.145 12.820
202306 6.310 143.538 6.423
202309 20.060 145.172 20.189
202312 29.030 146.109 29.030
202403 7.970 146.109 7.970

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


Paz  (XSGO:PAZ) 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.

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

Shiller PE Ratio=Share Price/E10
=609.97/106.28
=5.74

* 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 Paz was 10.33. The lowest was 2.70. And the median was 4.51.


Be Aware

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


Paz E10 Related Terms

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


Paz (XSGO:PAZ) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Apoquindo 4501, 20th floor, Las Condes, Santiago, CHL
Paz Corp SA develops real estate projects. It controls, supervises and executes the architecture, construction, marketing, commercialization, and customer financing of projects. The company offers lofts, apartments, and home studios, as well as real estate and financial advisory, and post-sale services. Some of its projects are Sun City, future & urban air. It has presence in Chile and Peru.

Paz (XSGO:PAZ) Headlines

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