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Zimre Holdings (XZIM:ZIMR.ZW) E10 : ZWG20.69 (As of Jun. 2024)


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What is Zimre Holdings 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.

Zimre Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was ZWG139.401. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ZWG20.69 for the trailing ten years ended in Dec. 2023.

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 (2025-03-03), Zimre Holdings's current stock price is ZWG 29.00. Zimre Holdings's E10 for the fiscal year that ended in Dec. 2023 was ZWG20.69. Zimre Holdings's Shiller PE Ratio of today is 1.40.

During the past 12 years, the highest Shiller PE Ratio of Zimre Holdings was 36.68. The lowest was 0.66. And the median was 5.43.


Zimre Holdings E10 Historical Data

The historical data trend for Zimre Holdings'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.

Zimre Holdings E10 Chart

Zimre Holdings Annual Data
Trend Dec10 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.73 5.03 20.69

Zimre Holdings Semi-Annual Data
Dec09 Dec10 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 - 5.03 - 20.69 -

Competitive Comparison of Zimre Holdings's E10

For the Insurance - Reinsurance subindustry, Zimre Holdings'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.


Zimre Holdings's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zimre Holdings's Shiller PE Ratio distribution charts can be found below:

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



Zimre Holdings 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, Zimre Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=139.401/129.4194*129.4194
=139.401

Current CPI (Dec. 2023) = 129.4194.

Zimre Holdings Annual Data

per_share_eps CPI Adj_EPS
201012 -0.002 92.474 -0.003
201512 0.000 99.792 0.000
201612 -0.001 101.863 -0.001
201712 0.003 104.011 0.004
201812 0.003 105.998 0.004
201912 0.122 108.420 0.146
202012 0.576 109.897 0.678
202112 5.077 117.630 5.586
202212 39.084 125.222 40.394
202312 139.401 129.419 139.401

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


Zimre Holdings  (XZIM:ZIMR.ZW) 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.

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

Shiller PE Ratio=Share Price/E10
=29.00/20.69
=1.40

* 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 12 years, the highest Shiller P/E Ratio of Zimre Holdings was 36.68. The lowest was 0.66. And the median was 5.43.


Be Aware

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


Zimre Holdings E10 Related Terms

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


Zimre Holdings Business Description

Traded in Other Exchanges
N/A
Address
Smatsatsa Office Park, 2nd Floor, D Block, P.O. Box 4839, Borrowdale, Stand Number 10667, Harare, ZWE
Zimre Holdings Ltd is a Zimbabwe-based investment holding company. The firm operates its business activities in six segments. The Reinsurance segment offers short-term reinsurance products and services to general insurance companies locally, regionally and internationally. The Life reassurance segment offers its services to life assurance companies and medical aid societies locally and regionally. The Property segment is engaged in leasing, developing, managing, selling and buying properties. General insurance offers short-term insurance products and services directly to policyholders locally. Insurance broking, Life, and Pension segment. The Reinsurance segment contributes to the majority of the company's revenue. Zimre has operations in Botswana, Malawi, Mozambique, South Africa, Zambia.

Zimre Holdings Headlines

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