GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Enlight Renewable Energy Ltd (XTAE:ENLT) » Definitions » E10

Enlight Renewable Energy (XTAE:ENLT) E10 : ₪0.33 (As of Jun. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Enlight Renewable Energy 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.

Enlight Renewable Energy's adjusted earnings per share data for the three months ended in Jun. 2024 was ₪0.227. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₪0.33 for the trailing ten years ended in Jun. 2024.

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 (2024-09-22), Enlight Renewable Energy's current stock price is ₪59.38. Enlight Renewable Energy's E10 for the quarter that ended in Jun. 2024 was ₪0.33. Enlight Renewable Energy's Shiller PE Ratio of today is 179.94.

During the past 13 years, the highest Shiller PE Ratio of Enlight Renewable Energy was 491.76. The lowest was 139.53. And the median was 202.40.


Enlight Renewable Energy E10 Historical Data

The historical data trend for Enlight Renewable Energy'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.

Enlight Renewable Energy E10 Chart

Enlight Renewable Energy 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 - - - 0.24 0.37

Enlight Renewable Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.36 0.37 0.36 0.33

Competitive Comparison of Enlight Renewable Energy's E10

For the Utilities - Renewable subindustry, Enlight Renewable Energy'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.


Enlight Renewable Energy's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Enlight Renewable Energy's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Enlight Renewable Energy's Shiller PE Ratio falls into.



Enlight Renewable Energy 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, Enlight Renewable Energy's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.227/132.5538*132.5538
=0.227

Current CPI (Jun. 2024) = 132.5538.

Enlight Renewable Energy Quarterly Data

per share eps CPI Adj_EPS
201409 0.051 100.428 0.067
201412 0.333 99.070 0.446
201503 0.007 99.621 0.009
201506 0.300 100.684 0.395
201509 0.192 100.392 0.254
201512 0.003 99.792 0.004
201603 -0.200 100.470 -0.264
201606 0.490 101.688 0.639
201609 -0.101 101.861 -0.131
201612 -0.103 101.863 -0.134
201703 -0.104 102.862 -0.134
201706 0.006 103.349 0.008
201709 0.107 104.136 0.136
201712 0.010 104.011 0.013
201803 0.215 105.290 0.271
201806 -0.023 106.317 -0.029
201809 0.007 106.507 0.009
201812 -0.056 105.998 -0.070
201903 0.004 107.251 0.005
201906 -0.106 108.070 -0.130
201909 -0.325 108.329 -0.398
201912 0.215 108.420 0.263
202003 -0.106 108.902 -0.129
202006 0.008 108.767 0.010
202009 0.023 109.815 0.028
202012 -2.081 109.897 -2.510
202103 0.226 111.754 0.268
202106 0.116 114.631 0.134
202109 -0.023 115.734 -0.026
202112 0.219 117.630 0.247
202203 0.227 121.301 0.248
202206 -0.076 125.017 -0.081
202209 0.642 125.227 0.680
202212 0.189 125.222 0.200
202303 0.756 127.348 0.787
202306 0.453 128.729 0.466
202309 0.491 129.860 0.501
202312 0.453 129.419 0.464
202403 0.529 131.776 0.532
202406 0.227 132.554 0.227

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


Enlight Renewable Energy  (XTAE:ENLT) 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.

Enlight Renewable Energy's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=59.38/0.33
=179.94

* 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 Enlight Renewable Energy was 491.76. The lowest was 139.53. And the median was 202.40.


Be Aware

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


Enlight Renewable Energy E10 Related Terms

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


Enlight Renewable Energy Business Description

Traded in Other Exchanges
Address
13 Amal Street, P.O. Box 11659, Afek Industrial Park, Rosh Haayin, ISR, 4809249
Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing, and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services. The company's segments are Photovoltaic Israel, Israel wind, Eastern Europe wind, Eastern Europe Photovoltaic, Western Europe wind energy, and Management and construction. The company generates the majority of its revenue from its Photovoltaic business in Israel and Eastern Europe.