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SSE (SSEZF) E10 : $1.37 (As of Sep. 2023)


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What is SSE 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.

SSE's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was $-0.138. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.37 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average E10 Growth Rate was 14.00% per year. During the past 5 years, the average E10 Growth Rate was 7.20% per year. During the past 10 years, the average E10 Growth Rate was 2.80% 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 SSE was 14.00% per year. The lowest was -3.60% per year. And the median was 6.30% per year.

As of today (2024-04-28), SSE's current stock price is $ 20.618. SSE's E10 for the fiscal year that ended in Mar. 2023 was $1.37. SSE's Shiller PE Ratio of today is 15.05.

During the past 13 years, the highest Shiller PE Ratio of SSE was 20.95. The lowest was 10.93. And the median was 16.91.


SSE E10 Historical Data

The historical data trend for SSE'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.

SSE E10 Chart

SSE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 0.94 1.14 1.53 1.37

SSE Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.53 - 1.37 -

Competitive Comparison of SSE's E10

For the Utilities - Diversified subindustry, SSE'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.


SSE's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SSE's Shiller PE Ratio distribution charts can be found below:

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



SSE 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, SSE's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.138/126.8000*126.8000
=-0.138

Current CPI (Mar. 2023) = 126.8000.

SSE Annual Data

per_share_eps CPI Adj_EPS
201403 0.553 99.300 0.706
201503 0.825 99.600 1.050
201603 0.655 100.400 0.827
201703 1.953 102.700 2.411
201803 1.134 105.100 1.368
201903 1.817 107.000 2.153
202003 -0.071 108.600 -0.083
202103 3.028 109.700 3.500
202203 3.773 116.500 4.107
202303 -0.138 126.800 -0.138

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


SSE  (OTCPK:SSEZF) 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.

SSE's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.618/1.37
=15.05

* 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 SSE was 20.95. The lowest was 10.93. And the median was 16.91.


Be Aware

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


SSE E10 Related Terms

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


SSE (SSEZF) Business Description

Traded in Other Exchanges
Address
200 Dunkeld Road, Inveralmond House, Perth, Perthshire, GBR, PH1 3AQ
SSE is an energy holding company based in the United Kingdom. The bulk of SSE's profit comes from the company's 10.8 GW of power generation and its electricity transmission and distribution networks . The firm is also involved in smaller related businesses such as gas storage and energy services.

SSE (SSEZF) Headlines

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