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CIG Pannonia Life Insurance OJSC (BUD:CIGPANNONIA) E10 : Ft20.57 (As of Mar. 2024)


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What is CIG Pannonia Life Insurance OJSC 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.

CIG Pannonia Life Insurance OJSC's adjusted earnings per share data for the three months ended in Mar. 2024 was Ft5.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Ft20.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CIG Pannonia Life Insurance OJSC's average E10 Growth Rate was 19.70% 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 (2024-06-09), CIG Pannonia Life Insurance OJSC's current stock price is Ft358.00. CIG Pannonia Life Insurance OJSC's E10 for the quarter that ended in Mar. 2024 was Ft20.57. CIG Pannonia Life Insurance OJSC's Shiller PE Ratio of today is 17.40.

During the past 13 years, the highest Shiller PE Ratio of CIG Pannonia Life Insurance OJSC was 521.71. The lowest was 14.12. And the median was 17.73.


CIG Pannonia Life Insurance OJSC E10 Historical Data

The historical data trend for CIG Pannonia Life Insurance OJSC'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.

CIG Pannonia Life Insurance OJSC E10 Chart

CIG Pannonia Life Insurance OJSC 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 -19.91 -4.52 5.22 15.95 19.71

CIG Pannonia Life Insurance OJSC 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 17.18 17.02 17.92 19.71 20.57

Competitive Comparison of CIG Pannonia Life Insurance OJSC's E10

For the Insurance - Life subindustry, CIG Pannonia Life Insurance OJSC'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.


CIG Pannonia Life Insurance OJSC's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, CIG Pannonia Life Insurance OJSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CIG Pannonia Life Insurance OJSC's Shiller PE Ratio falls into.



CIG Pannonia Life Insurance OJSC 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, CIG Pannonia Life Insurance OJSC'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)
=5/163.8786*163.8786
=5.000

Current CPI (Mar. 2024) = 163.8786.

CIG Pannonia Life Insurance OJSC Quarterly Data

per share eps CPI Adj_EPS
201406 3.125 100.370 5.102
201409 -4.123 100.074 -6.752
201412 -0.700 98.816 -1.161
201503 3.500 99.704 5.753
201506 5.959 100.962 9.672
201509 3.173 99.704 5.215
201512 2.200 99.704 3.616
201603 0.700 99.482 1.153
201606 4.429 100.814 7.200
201609 2.368 100.370 3.866
201612 4.200 101.406 6.787
201703 36.800 102.147 59.040
201706 -0.499 102.724 -0.796
201709 -3.474 102.902 -5.533
201712 3.600 103.627 5.693
201803 6.600 104.219 10.378
201806 5.786 105.922 8.952
201809 4.350 106.588 6.688
201812 2.100 106.440 3.233
201903 5.400 108.068 8.189
201906 -12.157 109.475 -18.199
201909 3.558 109.623 5.319
201912 -3.455 110.659 -5.117
202003 2.600 112.287 3.795
202006 9.888 112.583 14.393
202009 -4.551 113.398 -6.577
202012 -0.900 113.694 -1.297
202103 4.100 116.358 5.774
202106 0.702 118.579 0.970
202109 3.076 119.541 4.217
202112 9.200 122.058 12.352
202203 0.300 126.351 0.389
202206 6.163 132.420 7.627
202209 9.933 143.597 11.336
202212 10.100 152.036 10.887
202303 -1.900 158.105 -1.969
202306 -4.055 158.993 -4.180
202309 8.217 161.140 8.357
202312 16.000 160.400 16.347
202403 5.000 163.879 5.000

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


CIG Pannonia Life Insurance OJSC  (BUD:CIGPANNONIA) 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.

CIG Pannonia Life Insurance OJSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=358.00/20.57
=17.40

* 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 CIG Pannonia Life Insurance OJSC was 521.71. The lowest was 14.12. And the median was 17.73.


Be Aware

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


CIG Pannonia Life Insurance OJSC E10 Related Terms

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


CIG Pannonia Life Insurance OJSC (BUD:CIGPANNONIA) Business Description

Traded in Other Exchanges
Address
11 Könyves Kálmán Krt, Building B, Népliget Center Business Center, Budapest, HUN, 1097
CIG Pannonia Life Insurance OJSC is an insurance company. It mainly sells various insurance products including unit-linked life insurance, term life insurance, endowment insurance, health insurance, casco, freight liability and suretyship insurance and also offers investment fund management and portfolio management. The company carries its activities in Hungary, Romania, Slovakia, Poland, Lithuania, and Italy. In addition, the company sells riders and non-life insurance products.

CIG Pannonia Life Insurance OJSC (BUD:CIGPANNONIA) Headlines

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