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Eczacibasi Yatirim Holding Ortakligi AS (IST:ECZYT) E10 : ₺3.38 (As of Dec. 2023)


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What is Eczacibasi Yatirim Holding Ortakligi AS 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.

Eczacibasi Yatirim Holding Ortakligi AS's adjusted earnings per share data for the three months ended in Dec. 2023 was ₺5.226. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺3.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Eczacibasi Yatirim Holding Ortakligi AS's average E10 Growth Rate was 42.00% per year. During the past 3 years, the average E10 Growth Rate was 66.70% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Eczacibasi Yatirim Holding Ortakligi AS was 66.70% per year. The lowest was 57.40% per year. And the median was 62.05% per year.

As of today (2024-05-26), Eczacibasi Yatirim Holding Ortakligi AS's current stock price is ₺251.25. Eczacibasi Yatirim Holding Ortakligi AS's E10 for the quarter that ended in Dec. 2023 was ₺3.38. Eczacibasi Yatirim Holding Ortakligi AS's Shiller PE Ratio of today is 74.33.

During the past 13 years, the highest Shiller PE Ratio of Eczacibasi Yatirim Holding Ortakligi AS was 111.08. The lowest was 0.00. And the median was 0.00.


Eczacibasi Yatirim Holding Ortakligi AS E10 Historical Data

The historical data trend for Eczacibasi Yatirim Holding Ortakligi AS'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.

Eczacibasi Yatirim Holding Ortakligi AS E10 Chart

Eczacibasi Yatirim Holding Ortakligi AS 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 0.61 0.73 1.33 2.38 3.38

Eczacibasi Yatirim Holding Ortakligi AS 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 2.38 2.49 2.87 2.87 3.38

Competitive Comparison of Eczacibasi Yatirim Holding Ortakligi AS's E10

For the Conglomerates subindustry, Eczacibasi Yatirim Holding Ortakligi AS'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.


Eczacibasi Yatirim Holding Ortakligi AS's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Eczacibasi Yatirim Holding Ortakligi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Eczacibasi Yatirim Holding Ortakligi AS's Shiller PE Ratio falls into.



Eczacibasi Yatirim Holding Ortakligi AS 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, Eczacibasi Yatirim Holding Ortakligi AS'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)
=5.226/129.4194*129.4194
=5.226

Current CPI (Dec. 2023) = 129.4194.

Eczacibasi Yatirim Holding Ortakligi AS Quarterly Data

per share eps CPI Adj_EPS
201403 0.011 99.695 0.014
201406 0.019 100.560 0.024
201409 0.143 100.428 0.184
201412 0.069 99.070 0.090
201503 0.087 99.621 0.113
201506 0.199 100.684 0.256
201509 0.014 100.392 0.018
201512 -0.061 99.792 -0.079
201603 0.312 100.470 0.402
201606 0.579 101.688 0.737
201609 0.307 101.861 0.390
201612 0.127 101.863 0.161
201703 0.352 102.862 0.443
201706 1.360 103.349 1.703
201709 -0.120 104.136 -0.149
201712 0.159 104.011 0.198
201803 0.137 105.290 0.168
201806 0.550 106.317 0.670
201809 0.400 106.507 0.486
201812 -0.134 105.998 -0.164
201903 -0.126 107.251 -0.152
201906 0.610 108.070 0.731
201909 -0.080 108.329 -0.096
201912 0.288 108.420 0.344
202003 0.360 108.902 0.428
202006 0.530 108.767 0.631
202009 0.490 109.815 0.577
202012 -0.076 109.897 -0.090
202103 0.670 111.754 0.776
202106 0.840 114.631 0.948
202109 0.210 115.734 0.235
202112 3.916 117.630 4.308
202203 0.920 121.301 0.982
202206 1.520 125.017 1.574
202209 0.940 125.227 0.971
202212 6.450 125.222 6.666
202303 0.740 127.348 0.752
202306 3.510 128.729 3.529
202309 -0.190 129.860 -0.189
202312 5.226 129.419 5.226

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


Eczacibasi Yatirim Holding Ortakligi AS  (IST:ECZYT) 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.

Eczacibasi Yatirim Holding Ortakligi AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=251.25/3.38
=74.33

* 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 Eczacibasi Yatirim Holding Ortakligi AS was 111.08. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Eczacibasi Yatirim Holding Ortakligi AS E10 Related Terms

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


Eczacibasi Yatirim Holding Ortakligi AS (IST:ECZYT) Business Description

Traded in Other Exchanges
N/A
Address
Buyuikdere Caddesi 185, Kanyon Ofis, Levent, Istanbul, TUR, 34394
Eczacibasi Yatirim Holding Ortakligi AS is an investment holding company. It is in the business of building products, consumer products, and health sectors. In addition to these basic sectors, the company also includes organizations in the fields of finance, information technologies, resource technologies, natural resources, and real estate development.

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