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Opal Balance Investments (XTAE:OPAL) E10 : ₪0.31 (As of Sep. 2024)


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What is Opal Balance Investments 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.

Opal Balance Investments's adjusted earnings per share data for the three months ended in Sep. 2024 was ₪0.076. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₪0.31 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Opal Balance Investments's average E10 Growth Rate was 3.30% 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 (2024-12-14), Opal Balance Investments's current stock price is ₪2.091. Opal Balance Investments's E10 for the quarter that ended in Sep. 2024 was ₪0.31. Opal Balance Investments's Shiller PE Ratio of today is 6.75.

During the past 11 years, the highest Shiller PE Ratio of Opal Balance Investments was 6.62. The lowest was 3.13. And the median was 5.23.


Opal Balance Investments E10 Historical Data

The historical data trend for Opal Balance Investments'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.

Opal Balance Investments E10 Chart

Opal Balance Investments 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 - - - - 0.29

Opal Balance Investments Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.30 0.29 0.30 0.30 0.31

Competitive Comparison of Opal Balance Investments's E10

For the Capital Markets subindustry, Opal Balance Investments'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.


Opal Balance Investments's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Opal Balance Investments's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Opal Balance Investments's Shiller PE Ratio falls into.



Opal Balance Investments 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, Opal Balance Investments's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.076/133.0289*133.0289
=0.076

Current CPI (Sep. 2024) = 133.0289.

Opal Balance Investments Quarterly Data

per share eps CPI Adj_EPS
201412 0.094 99.070 0.126
201503 0.033 99.621 0.044
201506 0.032 100.684 0.042
201509 0.035 100.392 0.046
201512 0.049 99.792 0.065
201603 0.041 100.470 0.054
201606 0.055 101.688 0.072
201609 0.049 101.861 0.064
201612 0.039 101.863 0.051
201703 0.032 102.862 0.041
201706 0.039 103.349 0.050
201709 0.063 104.136 0.080
201712 0.064 104.011 0.082
201803 0.065 105.290 0.082
201806 0.065 106.317 0.081
201809 0.076 106.507 0.095
201812 0.079 105.998 0.099
201903 0.081 107.251 0.100
201906 0.073 108.070 0.090
201909 0.080 108.329 0.098
201912 0.068 108.420 0.083
202003 0.051 108.902 0.062
202006 0.051 108.767 0.062
202009 0.049 109.815 0.059
202012 0.051 109.897 0.062
202103 0.258 111.754 0.307
202106 0.058 114.631 0.067
202109 0.067 115.734 0.077
202112 0.075 117.630 0.085
202203 0.074 121.301 0.081
202206 0.073 125.017 0.078
202209 0.056 125.227 0.059
202212 0.074 125.222 0.079
202303 0.063 127.348 0.066
202306 0.061 128.729 0.063
202309 0.068 129.860 0.070
202312 0.060 129.419 0.062
202403 0.057 131.776 0.058
202406 0.069 132.554 0.069
202409 0.076 133.029 0.076

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


Opal Balance Investments  (XTAE:OPAL) 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.

Opal Balance Investments's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.091/0.31
=6.75

* 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 11 years, the highest Shiller P/E Ratio of Opal Balance Investments was 6.62. The lowest was 3.13. And the median was 5.23.


Be Aware

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


Opal Balance Investments E10 Related Terms

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


Opal Balance Investments Business Description

Traded in Other Exchanges
N/A
Address
47 Jabotinsky Street, Ashdod, ISR, 65180
Opal Balance Investments Ltd offers various financing and cash solutions.