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Creditaqui Financeira Credito Financiamento e Investimento (BSP:MERC4) E10 : R$0.29 (As of Dec. 2023)


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What is Creditaqui Financeira Credito Financiamento e Investimento 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.

Creditaqui Financeira Credito Financiamento e Investimento's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.103. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.29 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Creditaqui Financeira Credito Financiamento e Investimento's average E10 Growth Rate was -30.20% 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.

As of today (2024-06-08), Creditaqui Financeira Credito Financiamento e Investimento's current stock price is R$8.10. Creditaqui Financeira Credito Financiamento e Investimento's E10 for the quarter that ended in Dec. 2023 was R$0.29. Creditaqui Financeira Credito Financiamento e Investimento's Shiller PE Ratio of today is 27.93.

During the past 13 years, the highest Shiller PE Ratio of Creditaqui Financeira Credito Financiamento e Investimento was 30.93. The lowest was 17.37. And the median was 24.85.


Creditaqui Financeira Credito Financiamento e Investimento E10 Historical Data

The historical data trend for Creditaqui Financeira Credito Financiamento e Investimento'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.

Creditaqui Financeira Credito Financiamento e Investimento E10 Chart

Creditaqui Financeira Credito Financiamento e Investimento 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 - - 0.42 0.42 0.29

Creditaqui Financeira Credito Financiamento e Investimento 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 0.42 0.39 0.39 0.29 0.29

Competitive Comparison of Creditaqui Financeira Credito Financiamento e Investimento's E10

For the Banks - Regional subindustry, Creditaqui Financeira Credito Financiamento e Investimento'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.


Creditaqui Financeira Credito Financiamento e Investimento's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Creditaqui Financeira Credito Financiamento e Investimento's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Creditaqui Financeira Credito Financiamento e Investimento's Shiller PE Ratio falls into.



Creditaqui Financeira Credito Financiamento e Investimento 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, Creditaqui Financeira Credito Financiamento e Investimento'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)
=0.103/157.1481*157.1481
=0.103

Current CPI (Dec. 2023) = 157.1481.

Creditaqui Financeira Credito Financiamento e Investimento Quarterly Data

per share eps CPI Adj_EPS
201403 0.125 90.447 0.217
201406 0.175 91.838 0.299
201409 -0.075 92.602 -0.127
201412 -0.083 94.194 -0.138
201503 -0.418 97.799 -0.672
201506 0.118 100.006 0.185
201509 -0.197 101.392 -0.305
201512 -0.203 104.247 -0.306
201603 -0.118 106.979 -0.173
201606 -0.042 108.851 -0.061
201609 0.015 109.986 0.021
201612 0.181 110.802 0.257
201703 0.265 111.869 0.372
201706 0.551 112.115 0.772
201709 0.811 112.777 1.130
201712 0.110 114.068 0.152
201803 0.228 114.868 0.312
201806 0.349 117.038 0.469
201809 0.240 117.881 0.320
201812 0.587 118.340 0.779
201903 0.517 120.124 0.676
201906 0.110 120.977 0.143
201909 0.149 121.292 0.193
201912 0.223 123.436 0.284
202003 0.077 124.092 0.098
202006 0.156 123.557 0.198
202009 0.120 125.095 0.151
202012 0.133 129.012 0.162
202103 0.071 131.660 0.085
202106 -0.036 133.871 -0.042
202109 -0.013 137.913 -0.015
202112 0.711 141.992 0.787
202203 -0.033 146.537 -0.035
202206 -0.041 149.784 -0.043
202209 -0.248 147.800 -0.264
202212 -0.003 150.207 -0.003
202303 0.033 153.352 0.034
202306 0.018 154.519 0.018
202309 -0.001 155.464 -0.001
202312 0.103 157.148 0.103

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


Creditaqui Financeira Credito Financiamento e Investimento  (BSP:MERC4) 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.

Creditaqui Financeira Credito Financiamento e Investimento's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.10/0.29
=27.93

* 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 Creditaqui Financeira Credito Financiamento e Investimento was 30.93. The lowest was 17.37. And the median was 24.85.


Be Aware

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


Creditaqui Financeira Credito Financiamento e Investimento E10 Related Terms

Thank you for viewing the detailed overview of Creditaqui Financeira Credito Financiamento e Investimento's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Creditaqui Financeira Credito Financiamento e Investimento (BSP:MERC4) Business Description

Traded in Other Exchanges
N/A
Address
R Rio de Janeiro 654, - 6º Floor, Centro, Belo Horizonte, MG, BRA, 30160912
Creditaqui Financeira SA Credito Financiamento e Investimento formerly Mercantil do Brasil Financeira SA CFI provides financial solutions to individuals, corporate and SME's in the areas of checking accounts, savings, time deposits and funds, pension, insurance, overdraft facilities as well as leasing. In addition, it offers securities investments, insurance, credit cards, and loans.

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