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Societatea Energetica Electrica (BSE:EL) E10 : lei0.72 (As of Dec. 2023)


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What is Societatea Energetica Electrica 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.

Societatea Energetica Electrica's adjusted earnings per share data for the three months ended in Dec. 2023 was lei1.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is lei0.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Societatea Energetica Electrica's average E10 Growth Rate was 28.60% 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 (2024-06-10), Societatea Energetica Electrica's current stock price is lei14.48. Societatea Energetica Electrica's E10 for the quarter that ended in Dec. 2023 was lei0.72. Societatea Energetica Electrica's Shiller PE Ratio of today is 20.11.

During the past 13 years, the highest Shiller PE Ratio of Societatea Energetica Electrica was 20.11. The lowest was 14.43. And the median was 16.06.


Societatea Energetica Electrica E10 Historical Data

The historical data trend for Societatea Energetica Electrica'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.

Societatea Energetica Electrica E10 Chart

Societatea Energetica Electrica 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 - - - 0.56 0.72

Societatea Energetica Electrica 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 0.56 0.56 0.54 0.62 0.72

Competitive Comparison of Societatea Energetica Electrica's E10

For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica'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.


Societatea Energetica Electrica's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Societatea Energetica Electrica's Shiller PE Ratio falls into.



Societatea Energetica Electrica 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, Societatea Energetica Electrica'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)
=1.04/129.4194*129.4194
=1.040

Current CPI (Dec. 2023) = 129.4194.

Societatea Energetica Electrica Quarterly Data

per share eps CPI Adj_EPS
201403 0.320 99.695 0.415
201406 0.340 100.560 0.438
201409 0.270 100.428 0.348
201412 0.150 99.070 0.196
201503 0.280 99.621 0.364
201506 0.340 100.684 0.437
201509 0.340 100.392 0.438
201512 0.110 99.792 0.143
201603 0.350 100.470 0.451
201606 0.450 101.688 0.573
201609 0.290 101.861 0.368
201612 -0.040 101.863 -0.051
201703 -0.120 102.862 -0.151
201706 0.100 103.349 0.125
201709 0.210 104.136 0.261
201712 0.190 104.011 0.236
201803 0.170 105.290 0.209
201806 0.440 106.317 0.536
201809 0.310 106.507 0.377
201812 -0.250 105.998 -0.305
201903 -0.120 107.251 -0.145
201906 0.440 108.070 0.527
201909 0.150 108.329 0.179
201912 0.140 108.420 0.167
202003 0.240 108.902 0.285
202006 0.320 108.767 0.381
202009 0.610 109.815 0.719
202012 -0.030 109.897 -0.035
202103 0.170 111.754 0.197
202106 0.050 114.631 0.056
202109 -0.010 115.734 -0.011
202112 -1.840 117.630 -2.024
202203 -0.460 121.301 -0.491
202206 -0.050 125.017 -0.052
202209 2.090 125.227 2.160
202212 -2.280 125.222 -2.356
202303 -0.200 127.348 -0.203
202306 0.500 128.729 0.503
202309 0.920 129.860 0.917
202312 1.040 129.419 1.040

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


Societatea Energetica Electrica  (BSE:EL) 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.

Societatea Energetica Electrica's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.48/0.72
=20.11

* 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 Societatea Energetica Electrica was 20.11. The lowest was 14.43. And the median was 16.06.


Be Aware

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


Societatea Energetica Electrica E10 Related Terms

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


Societatea Energetica Electrica (BSE:EL) Business Description

Traded in Other Exchanges
Address
No. 9, Grigore Alexandrescu Street, 1st District, Bucharest, ROU, 010621
Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.