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Ericsson Nikola Tesla dd (ZAG:ERNT) E10 : €13.67 (As of Mar. 2024)


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What is Ericsson Nikola Tesla dd 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.

Ericsson Nikola Tesla dd's adjusted earnings per share data for the three months ended in Mar. 2024 was €4.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €13.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ericsson Nikola Tesla dd's average E10 Growth Rate was 6.10% 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 (2024-06-19), Ericsson Nikola Tesla dd's current stock price is €210.00. Ericsson Nikola Tesla dd's E10 for the quarter that ended in Mar. 2024 was €13.67. Ericsson Nikola Tesla dd's Shiller PE Ratio of today is 15.36.

During the past 12 years, the highest Shiller PE Ratio of Ericsson Nikola Tesla dd was 21.27. The lowest was 14.47. And the median was 16.58.


Ericsson Nikola Tesla dd E10 Historical Data

The historical data trend for Ericsson Nikola Tesla dd'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.

Ericsson Nikola Tesla dd E10 Chart

Ericsson Nikola Tesla dd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 12.17 12.88

Ericsson Nikola Tesla dd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 12.88 13.06 12.98 13.48 13.67

Competitive Comparison of Ericsson Nikola Tesla dd's E10

For the Telecom Services subindustry, Ericsson Nikola Tesla dd'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.


Ericsson Nikola Tesla dd's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ericsson Nikola Tesla dd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ericsson Nikola Tesla dd's Shiller PE Ratio falls into.



Ericsson Nikola Tesla dd 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, Ericsson Nikola Tesla dd's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.82/131.7762*131.7762
=4.820

Current CPI (Mar. 2024) = 131.7762.

Ericsson Nikola Tesla dd Quarterly Data

per share eps CPI Adj_EPS
201403 3.353 99.695 4.432
201406 1.551 100.560 2.032
201409 0.910 100.428 1.194
201412 2.774 99.070 3.690
201503 2.476 99.621 3.275
201506 2.575 100.684 3.370
201509 0.938 100.392 1.231
201512 3.011 99.792 3.976
201603 2.826 100.470 3.707
201606 2.277 101.688 2.951
201609 0.726 101.861 0.939
201612 5.214 101.863 6.745
201703 2.012 102.862 2.578
201706 1.775 103.349 2.263
201709 1.433 104.136 1.813
201712 1.646 104.011 2.085
201803 3.057 105.290 3.826
201806 3.198 106.317 3.964
201809 0.051 106.507 0.063
201812 5.190 105.998 6.452
201903 3.328 107.251 4.089
201906 3.884 108.070 4.736
201909 0.970 108.329 1.180
201912 2.148 108.420 2.611
202003 2.909 108.902 3.520
202006 0.558 108.767 0.676
202009 3.215 109.815 3.858
202012 2.518 109.897 3.019
202103 4.019 111.754 4.739
202106 5.923 114.631 6.809
202109 1.359 115.734 1.547
202112 6.025 117.630 6.750
202203 5.813 121.301 6.315
202206 1.033 125.017 1.089
202209 1.092 125.227 1.149
202212 3.619 125.222 3.808
202303 5.920 127.348 6.126
202306 3.080 128.729 3.153
202309 6.000 129.860 6.089
202403 4.820 131.776 4.820

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


Ericsson Nikola Tesla dd  (ZAG:ERNT) 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.

Ericsson Nikola Tesla dd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=210.00/13.67
=15.36

* 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 Ericsson Nikola Tesla dd was 21.27. The lowest was 14.47. And the median was 16.58.


Be Aware

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


Ericsson Nikola Tesla dd E10 Related Terms

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


Ericsson Nikola Tesla dd (ZAG:ERNT) Business Description

Traded in Other Exchanges
N/A
Address
Krapinska 45, PO Box 93, Zagreb, HRV, 10002
Ericsson Nikola Tesla dd is a provider of communication products and services and ICT solutions related to healthcare, national and public safety, state administration, transport, utilities, and multimedia communication. The company's activities include marketing and sales, research and development, design of total communication solutions, services in multi-service and mobile networks area, including mobile Internet and complex system integration in all business areas. It operates in four segments Networks, Digital Services, Managed Services, and Others.

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