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Bouygues (Bouygues) E10 : $3.24 (As of Dec. 2023)


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What is Bouygues 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.

Bouygues's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.091. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bouygues's average E10 Growth Rate was 27.80% per year. During the past 3 years, the average E10 Growth Rate was 11.20% per year. During the past 5 years, the average E10 Growth Rate was 3.20% 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 Bouygues was 11.20% per year. The lowest was -8.00% per year. And the median was -3.20% per year.

As of today (2024-05-18), Bouygues's current stock price is $40.00. Bouygues's E10 for the quarter that ended in Dec. 2023 was $3.24. Bouygues's Shiller PE Ratio of today is 12.35.

During the past 13 years, the highest Shiller PE Ratio of Bouygues was 19.12. The lowest was 11.56. And the median was 14.63.


Bouygues E10 Historical Data

The historical data trend for Bouygues'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.

Bouygues E10 Chart

Bouygues 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 2.51 2.58 2.35 2.34 3.24

Bouygues Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 2.48 2.46 2.41 3.24 -

Competitive Comparison of Bouygues's E10

For the Engineering & Construction subindustry, Bouygues'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.


Bouygues's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bouygues's Shiller PE Ratio distribution charts can be found below:

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



Bouygues 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, Bouygues'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)
=1.091/118.3900*118.3900
=1.091

Current CPI (Dec. 2023) = 118.3900.

Bouygues Quarterly Data

per share eps CPI Adj_EPS
201403 0.982 100.240 1.160
201406 0.557 100.180 0.658
201409 1.276 99.920 1.512
201412 0.345 99.860 0.409
201503 -0.509 100.170 -0.602
201506 0.393 100.440 0.463
201509 1.235 99.950 1.463
201512 0.218 100.040 0.258
201603 -0.579 100.020 -0.685
201606 0.494 100.630 0.581
201609 1.201 100.340 1.417
201612 1.171 100.650 1.377
201703 -0.118 101.170 -0.138
201706 0.809 101.320 0.945
201709 1.561 101.330 1.824
201712 1.278 101.850 1.486
201803 0.049 102.750 0.056
201806 0.783 103.370 0.897
201809 1.610 103.560 1.841
201812 1.650 103.470 1.888
201903 -0.181 103.890 -0.206
201906 0.859 104.580 0.972
201909 1.850 104.500 2.096
201912 0.989 104.980 1.115
202003 -0.597 104.590 -0.676
202006 -0.113 104.790 -0.128
202009 1.625 104.550 1.840
202012 1.326 104.960 1.496
202103 0.071 105.750 0.079
202106 1.217 106.340 1.355
202109 1.224 106.810 1.357
202112 0.938 107.850 1.030
202203 -0.374 110.490 -0.401
202206 0.761 112.550 0.800
202209 1.010 112.740 1.061
202212 1.218 114.160 1.263
202303 -0.385 116.790 -0.390
202306 1.040 117.650 1.047
202309 1.249 118.260 1.250
202312 1.091 118.390 1.091

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


Bouygues  (OTCPK:BOUYF) 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.

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

Shiller PE Ratio=Share Price/E10
=40.00/3.24
=12.35

* 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 Bouygues was 19.12. The lowest was 11.56. And the median was 14.63.


Be Aware

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


Bouygues E10 Related Terms

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


Bouygues (Bouygues) Business Description

Traded in Other Exchanges
Address
32 avenue Hoche, Paris, FRA, 75008
Bouygues is a French conglomerate made up of a disparate range of assets: a construction business, a TV business, and a telecom business. It is one of the biggest construction companies in France and Europe with construction sales of around EUR 25 billion-EUR 30 billion and one of the four telecom operators in France, with both mobile and fixed operations and EUR 6 billion in revenue. It is also the owner of TF1, one of the main media and TV companies in France.

Bouygues (Bouygues) Headlines

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