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Yara International ASA (Yara International ASA) E10 : $1.51 (As of Dec. 2023)


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What is Yara International ASA 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.

Yara International ASA's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.479. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Yara International ASA's average E10 Growth Rate was -1.00% per year. During the past 3 years, the average E10 Growth Rate was 5.20% per year. During the past 5 years, the average E10 Growth Rate was 2.90% 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 Yara International ASA was 5.20% per year. The lowest was -31.50% per year. And the median was 0.45% per year.

As of today (2024-04-29), Yara International ASA's current stock price is $14.385. Yara International ASA's E10 for the quarter that ended in Dec. 2023 was $1.51. Yara International ASA's Shiller PE Ratio of today is 9.53.

During the past 13 years, the highest Shiller PE Ratio of Yara International ASA was 19.75. The lowest was 3.90. And the median was 13.73.


Yara International ASA E10 Historical Data

The historical data trend for Yara International ASA'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.

Yara International ASA E10 Chart

Yara International ASA 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 1.56 1.55 1.37 1.58 1.51

Yara International ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.58 1.48 1.37 - 1.51

Competitive Comparison of Yara International ASA's E10

For the Agricultural Inputs subindustry, Yara International ASA'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.


Yara International ASA's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Yara International ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Yara International ASA's Shiller PE Ratio falls into.



Yara International ASA 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, Yara International ASA's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.479/131.9000*131.9000
=0.479

Current CPI (Dec. 2023) = 131.9000.

Yara International ASA Quarterly Data

per share eps CPI Adj_EPS
201403 0.533 97.300 0.723
201406 0.674 97.500 0.912
201409 0.479 98.500 0.641
201412 0.238 98.600 0.318
201503 0.165 99.200 0.219
201506 0.673 100.100 0.887
201509 0.859 100.600 1.126
201512 0.031 100.900 0.041
201603 0.615 102.500 0.791
201606 0.669 103.800 0.850
201609 0.186 104.200 0.235
201612 -0.174 104.400 -0.220
201703 0.365 105.000 0.459
201706 0.150 105.800 0.187
201709 0.165 105.900 0.206
201712 0.190 106.100 0.236
201803 0.210 107.300 0.258
201806 -0.385 108.500 -0.468
201809 0.180 109.500 0.217
201812 0.285 109.800 0.342
201903 0.175 110.400 0.209
201906 0.420 110.600 0.501
201909 0.135 111.100 0.160
201912 0.365 111.300 0.433
202003 -0.215 111.200 -0.255
202006 0.415 112.100 0.488
202009 0.635 112.900 0.742
202012 0.465 112.900 0.543
202103 0.025 114.600 0.029
202106 1.050 115.300 1.201
202109 -0.280 117.500 -0.314
202112 0.079 118.900 0.088
202203 1.855 119.800 2.042
202206 1.305 122.600 1.404
202209 0.785 125.600 0.824
202212 1.509 125.900 1.581
202303 0.205 127.600 0.212
202306 -0.590 130.400 -0.597
202309 0.000 129.800 0.000
202312 0.479 131.900 0.479

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


Yara International ASA  (OTCPK:YARIY) 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.

Yara International ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.385/1.51
=9.53

* 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 Yara International ASA was 19.75. The lowest was 3.90. And the median was 13.73.


Be Aware

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


Yara International ASA E10 Related Terms

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


Yara International ASA (Yara International ASA) Business Description

Address
Drammensveien 131, Oslo, NOR, 0277
Yara International ASA is a Crop nutrition company. The company converts natural gas into nitrogen products. It is engaged in the production of ammonia, mineral fertilizers, and industrial products. The firm also develops and markets environmental solutions and essential products for industrial applications. It markets and distributes a complete range of crop nutrition products and programs globally. The fertilizers and crop nutrition programs help to produce the food required for the growing world population. Industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations.

Yara International ASA (Yara International ASA) Headlines

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