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C-QUADRAT Investment AG (XTER:C8I) E10 : €1.83 (As of Jun. 2018)


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What is C-QUADRAT Investment AG 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.

C-QUADRAT Investment AG's adjusted earnings per share data for the three months ended in Jun. 2018 was €0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.83 for the trailing ten years ended in Jun. 2018.

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 (2024-06-24), C-QUADRAT Investment AG's current stock price is €51.05. C-QUADRAT Investment AG's E10 for the quarter that ended in Jun. 2018 was €1.83. C-QUADRAT Investment AG's Shiller PE Ratio of today is 27.90.


C-QUADRAT Investment AG E10 Historical Data

The historical data trend for C-QUADRAT Investment AG'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.

C-QUADRAT Investment AG E10 Chart

C-QUADRAT Investment AG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

C-QUADRAT Investment AG Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 - - - 1.83 1.83

Competitive Comparison of C-QUADRAT Investment AG's E10

For the Asset Management subindustry, C-QUADRAT Investment AG'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.


C-QUADRAT Investment AG's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, C-QUADRAT Investment AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where C-QUADRAT Investment AG's Shiller PE Ratio falls into.



C-QUADRAT Investment AG 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, C-QUADRAT Investment AG's adjusted earnings per share data for the three months ended in Jun. 2018 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=0.16/105.0912*105.0912
=0.160

Current CPI (Jun. 2018) = 105.0912.

C-QUADRAT Investment AG Quarterly Data

per share eps CPI Adj_EPS
200803 0.430 87.806 0.515
200812 -2.660 88.384 -3.163
200903 -0.040 88.466 -0.048
200906 0.060 88.796 0.071
200909 0.670 88.961 0.791
200912 0.620 89.291 0.730
201003 1.070 90.199 1.247
201006 0.880 90.529 1.022
201009 0.190 90.612 0.220
201012 1.360 91.355 1.564
201103 0.230 92.989 0.260
201106 0.190 93.531 0.213
201109 0.140 93.893 0.157
201112 0.060 94.254 0.067
201203 0.160 95.248 0.177
201206 0.130 95.610 0.143
201209 -0.160 96.423 -0.174
201212 -0.070 96.875 -0.076
201303 0.440 97.417 0.475
201306 0.120 97.688 0.129
201309 0.250 98.050 0.268
201312 1.390 98.682 1.480
201403 0.750 99.044 0.796
201406 0.970 99.496 1.025
201409 0.950 99.586 1.003
201412 2.380 99.676 2.509
201503 3.480 99.992 3.657
201506 0.690 100.492 0.722
201509 0.180 100.292 0.189
201512 0.240 100.692 0.250
201603 0.020 100.692 0.021
201606 0.090 101.092 0.094
201609 0.250 101.192 0.260
201612 0.220 102.092 0.226
201703 0.270 102.592 0.277
201706 0.320 102.991 0.327
201709 0.500 103.591 0.507
201712 2.420 104.291 2.439
201803 0.720 104.491 0.724
201806 0.160 105.091 0.160

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


C-QUADRAT Investment AG  (XTER:C8I) 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.

C-QUADRAT Investment AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=51.05/1.83
=27.90

* 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.


Be Aware

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


C-QUADRAT Investment AG E10 Related Terms

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


C-QUADRAT Investment AG (XTER:C8I) Business Description

Traded in Other Exchanges
N/A
Address
Schottenfeldgasse 20, Vienna, AUT, 1070
C-QUADRAT Investment AG is Austria - based asset management company. Its core business is to analysis and management of investment funds and the management and marketing of its own funds of funds, stock-picking funds as well as special mandates for institutional clients. The company handles the management of external assets within the scope of publicly launched investment funds as well as the marketing of the company's own investment funds and products. Its operating segments include Investments, and Asset Management and Sales. The company's revenue comprises of revenue received for rendering services in the securities and fund management field.

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