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Gol Linhas Aereas Inteligentes (BSP:GOLL4) E10 : R$-7.03 (As of Mar. 2024)


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What is Gol Linhas Aereas Inteligentes 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.

Gol Linhas Aereas Inteligentes's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.258. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-7.03 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -3.90% per year. During the past 5 years, the average E10 Growth Rate was -18.80% per year. During the past 10 years, the average E10 Growth Rate was -28.30% 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 Gol Linhas Aereas Inteligentes was 0.50% per year. The lowest was -132.40% per year. And the median was -20.10% per year.

As of today (2024-06-08), Gol Linhas Aereas Inteligentes's current stock price is R$1.10. Gol Linhas Aereas Inteligentes's E10 for the quarter that ended in Mar. 2024 was R$-7.03. Gol Linhas Aereas Inteligentes's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Gol Linhas Aereas Inteligentes was 142.00. The lowest was 45.13. And the median was 99.13.


Gol Linhas Aereas Inteligentes E10 Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes'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.

Gol Linhas Aereas Inteligentes E10 Chart

Gol Linhas Aereas Inteligentes 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 -4.04 -6.28 -7.73 -7.22 -7.04

Gol Linhas Aereas Inteligentes 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 -7.32 -7.06 -6.97 -7.04 -7.03

Competitive Comparison of Gol Linhas Aereas Inteligentes's E10

For the Airlines subindustry, Gol Linhas Aereas Inteligentes'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.


Gol Linhas Aereas Inteligentes's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gol Linhas Aereas Inteligentes's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gol Linhas Aereas Inteligentes's Shiller PE Ratio falls into.



Gol Linhas Aereas Inteligentes 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, Gol Linhas Aereas Inteligentes'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)
=0.258/159.3724*159.3724
=0.258

Current CPI (Mar. 2024) = 159.3724.

Gol Linhas Aereas Inteligentes Quarterly Data

per share eps CPI Adj_EPS
201406 -0.631 91.838 -1.095
201409 -0.963 92.602 -1.657
201412 -2.378 94.194 -4.023
201503 -2.379 97.799 -3.877
201506 -1.408 100.006 -2.244
201509 -7.272 101.392 -11.430
201512 -3.357 104.247 -5.132
201603 2.034 106.979 3.030
201606 0.733 108.851 1.073
201609 -0.003 109.986 -0.004
201612 -0.318 110.802 -0.457
201703 0.465 111.869 0.662
201706 -1.377 112.115 -1.957
201709 0.938 112.777 1.326
201712 0.020 114.068 0.028
201803 0.418 114.868 0.580
201806 -3.807 117.038 -5.184
201809 -1.173 117.881 -1.586
201812 1.444 118.340 1.945
201903 -0.092 120.124 -0.122
201906 -0.556 120.977 -0.732
201909 -1.228 121.292 -1.614
201912 0.990 123.436 1.278
202003 -6.433 124.092 -8.262
202006 -7.222 123.557 -9.315
202009 -4.830 125.095 -6.153
202012 0.019 129.012 0.023
202103 -7.105 131.660 -8.600
202106 1.765 133.871 2.101
202109 -6.405 137.913 -7.402
202112 -0.884 141.992 -0.992
202203 0.188 146.537 0.204
202206 -0.895 149.784 -0.952
202209 -0.106 147.800 -0.114
202212 0.017 150.207 0.018
202303 0.042 153.352 0.044
202306 0.174 154.519 0.179
202309 -0.089 155.464 -0.091
202312 -0.075 157.148 -0.076
202403 0.258 159.372 0.258

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


Gol Linhas Aereas Inteligentes  (BSP:GOLL4) 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 Gol Linhas Aereas Inteligentes was 142.00. The lowest was 45.13. And the median was 99.13.


Be Aware

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


Gol Linhas Aereas Inteligentes E10 Related Terms

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


Gol Linhas Aereas Inteligentes (BSP:GOLL4) Business Description

Traded in Other Exchanges
Address
S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020
Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.

Gol Linhas Aereas Inteligentes (BSP:GOLL4) Headlines

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