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Cemacon (BSE:CEON) E10 : lei0.04 (As of Mar. 2024)


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What is Cemacon 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.

Cemacon's adjusted earnings per share data for the three months ended in Mar. 2024 was lei-0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is lei0.04 for the trailing ten years ended in Mar. 2024.

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 (2024-05-26), Cemacon's current stock price is lei0.425. Cemacon's E10 for the quarter that ended in Mar. 2024 was lei0.04. Cemacon's Shiller PE Ratio of today is 10.63.

During the past 13 years, the highest Shiller PE Ratio of Cemacon was 25.50. The lowest was 10.38. And the median was 11.72.


Cemacon E10 Historical Data

The historical data trend for Cemacon'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.

Cemacon E10 Chart

Cemacon 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 - - - 0.03 0.04

Cemacon 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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Cemacon's E10

For the Building Materials subindustry, Cemacon'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.


Cemacon's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cemacon's Shiller PE Ratio distribution charts can be found below:

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



Cemacon 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, Cemacon'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)
=-0.004/131.7762*131.7762
=-0.004

Current CPI (Mar. 2024) = 131.7762.

Cemacon Quarterly Data

per share eps CPI Adj_EPS
201406 0.002 100.560 0.003
201409 0.030 100.428 0.039
201412 -0.009 99.070 -0.012
201503 0.013 99.621 0.017
201506 0.006 100.684 0.008
201509 0.005 100.392 0.007
201512 -0.009 99.792 -0.012
201603 -0.001 100.470 -0.001
201606 0.002 101.688 0.003
201609 0.007 101.861 0.009
201612 0.003 101.863 0.004
201703 0.000 102.862 0.000
201706 0.006 103.349 0.008
201709 0.010 104.136 0.013
201712 -0.001 104.011 -0.001
201803 0.007 105.290 0.009
201806 0.009 106.317 0.011
201809 0.010 106.507 0.012
201812 -0.005 105.998 -0.006
201903 0.015 107.251 0.018
201906 -0.010 108.070 -0.012
201909 0.011 108.329 0.013
201912 0.013 108.420 0.016
202003 0.012 108.902 0.015
202006 -0.001 108.767 -0.001
202009 0.015 109.815 0.018
202012 0.000 109.897 0.000
202103 0.008 111.754 0.009
202106 0.017 114.631 0.020
202109 0.025 115.734 0.028
202112 0.014 117.630 0.016
202203 0.019 121.301 0.021
202206 0.039 125.017 0.041
202209 0.013 125.227 0.014
202212 0.010 125.222 0.011
202303 0.014 127.348 0.014
202306 0.017 128.729 0.017
202309 0.008 129.860 0.008
202312 -0.011 129.419 -0.011
202403 -0.004 131.776 -0.004

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


Cemacon  (BSE:CEON) 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.

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

Shiller PE Ratio=Share Price/E10
=0.425/0.04
=10.63

* 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 Cemacon was 25.50. The lowest was 10.38. And the median was 11.72.


Be Aware

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


Cemacon E10 Related Terms

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


Cemacon (BSE:CEON) Business Description

Traded in Other Exchanges
N/A
Address
No. 178K, Calea Turzii Street, Hexagon Offices, 1st Floor, Cluj county, Cluj-Napoca, ROU
Cemacon SA is engaged in manufacturing and selling baked clay masonry elements, with use in construction and civil engineering. The company's products are exterior and interior load-bearing masonry, exterior and interior non-bearing masonry, ventilation element, cemacon lintel, chimney system and others.

Cemacon (BSE:CEON) Headlines

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