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Eternit (BSP:ETER3) E10 : R$-0.98 (As of Mar. 2024)


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What is Eternit 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.

Eternit's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-0.98 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -157.10% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Eternit was -157.10% per year. The lowest was -157.10% per year. And the median was -157.10% per year.

As of today (2024-05-26), Eternit's current stock price is R$6.60. Eternit's E10 for the quarter that ended in Mar. 2024 was R$-0.98. Eternit's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Eternit was 68.59. The lowest was 1.07. And the median was 3.53.


Eternit E10 Historical Data

The historical data trend for Eternit'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.

Eternit E10 Chart

Eternit 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 0.21 -0.05 -0.11 -0.49 -0.85

Eternit 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 -0.58 -0.72 -0.84 -0.85 -0.98

Competitive Comparison of Eternit's E10

For the Building Products & Equipment subindustry, Eternit'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.


Eternit's Shiller PE Ratio Distribution in the Construction Industry

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

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



Eternit 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, Eternit'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)
=0.004/159.3724*159.3724
=0.004

Current CPI (Mar. 2024) = 159.3724.

Eternit Quarterly Data

per share eps CPI Adj_EPS
201406 0.524 91.838 0.909
201409 0.577 92.602 0.993
201412 0.681 94.194 1.152
201503 0.577 97.799 0.940
201506 0.493 100.006 0.786
201509 0.136 101.392 0.214
201512 -0.360 104.247 -0.550
201603 0.242 106.979 0.361
201606 -0.264 108.851 -0.387
201609 -0.214 109.986 -0.310
201612 -0.868 110.802 -1.248
201703 -0.086 111.869 -0.123
201706 -0.676 112.115 -0.961
201709 -0.603 112.777 -0.852
201712 -6.729 114.068 -9.402
201803 -0.326 114.868 -0.452
201806 -1.019 117.038 -1.388
201809 -7.133 117.881 -9.644
201812 -1.773 118.340 -2.388
201903 -0.699 120.124 -0.927
201906 -0.865 120.977 -1.140
201909 1.049 121.292 1.378
201912 0.197 123.436 0.254
202003 -0.468 124.092 -0.601
202006 -0.072 123.557 -0.093
202009 0.773 125.095 0.985
202012 2.344 129.012 2.896
202103 1.131 131.660 1.369
202106 0.966 133.871 1.150
202109 1.587 137.913 1.834
202112 0.863 141.992 0.969
202203 0.684 146.537 0.744
202206 0.653 149.784 0.695
202209 0.664 147.800 0.716
202212 0.219 150.207 0.232
202303 0.356 153.352 0.370
202306 0.018 154.519 0.019
202309 0.341 155.464 0.350
202312 1.345 157.148 1.364
202403 0.004 159.372 0.004

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


Eternit  (BSP:ETER3) 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.

During the past 13 years, the highest Shiller P/E Ratio of Eternit was 68.59. The lowest was 1.07. And the median was 3.53.


Be Aware

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


Eternit E10 Related Terms

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


Eternit (BSP:ETER3) Business Description

Traded in Other Exchanges
N/A
Address
Street Dr. Fernandes Coelho, 85 - 8º floor, Sao Paulo, SP, BRA, 5423040
Eternit SA is a Brazil-based company. It is engaged in the production and sale of fiber cement, cement, concrete, plaster, and plastic products, as well as other construction materials and related accessories through its subsidiaries. The operating segments of the company include Fiber Cement, Chrysotile Mineral, and Concrete Roof Tiles.

Eternit (BSP:ETER3) Headlines

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