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Telenor ASA (Telenor ASA) E10 : $0.00 (As of Mar. 2024)


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What is Telenor ASA 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.

Telenor ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.787. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Telenor ASA's average E10 Growth Rate was 7.30% per year. During the past 3 years, the average E10 Growth Rate was 14.80% per year. During the past 5 years, the average E10 Growth Rate was 10.20% per year. During the past 10 years, the average E10 Growth Rate was 2.20% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Telenor ASA was 18.00% per year. The lowest was -6.30% per year. And the median was 2.95% per year.

As of today (2024-05-01), Telenor ASA's current stock price is $11.60. Telenor ASA's E10 for the quarter that ended in Mar. 2024 was $0.00. Telenor ASA's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Telenor ASA was 30.38. The lowest was 9.92. And the median was 20.69.


Telenor ASA E10 Historical Data

The historical data trend for Telenor ASA'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.

Telenor ASA E10 Chart

Telenor ASA 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 0.73 0.78 0.75 0.96 1.00

Telenor ASA 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 1.02 0.98 0.97 1.00 -

Competitive Comparison of Telenor ASA's E10

For the Telecom Services subindustry, Telenor ASA'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.


Telenor ASA's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telenor ASA's Shiller PE Ratio distribution charts can be found below:

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



Telenor ASA 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, Telenor ASA'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)
=0.787/131.9000*131.9000
=0.787

Current CPI (Mar. 2024) = 131.9000.

Telenor ASA Quarterly Data

per share eps CPI Adj_EPS
201406 0.255 97.500 0.345
201409 0.271 98.500 0.363
201412 0.045 98.600 0.060
201503 0.321 99.200 0.427
201506 0.294 100.100 0.387
201509 -0.142 100.600 -0.186
201512 -0.163 100.900 -0.213
201603 0.334 102.500 0.430
201606 0.089 103.800 0.113
201609 -0.392 104.200 -0.496
201612 0.179 104.400 0.226
201703 0.327 105.000 0.411
201706 -0.013 105.800 -0.016
201709 0.490 105.900 0.610
201712 0.179 106.100 0.223
201803 0.431 107.300 0.530
201806 0.221 108.500 0.269
201809 0.486 109.500 0.585
201812 0.099 109.800 0.119
201903 0.304 110.400 0.363
201906 0.228 110.600 0.272
201909 -0.052 111.100 -0.062
201912 0.139 111.300 0.165
202003 0.048 111.200 0.057
202006 0.329 112.100 0.387
202009 0.353 112.900 0.412
202012 0.629 112.900 0.735
202103 -0.327 114.600 -0.376
202106 0.185 115.300 0.212
202109 0.218 117.500 0.245
202112 0.047 118.900 0.052
202203 0.531 119.800 0.585
202206 -0.082 122.600 -0.088
202209 0.108 125.600 0.113
202212 2.741 125.900 2.872
202303 1.235 127.600 1.277
202306 0.055 130.400 0.056
202309 0.165 129.800 0.168
202312 -0.524 131.900 -0.524
202403 0.787 131.900 0.787

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


Telenor ASA  (OTCPK:TELNY) 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 Telenor ASA was 30.38. The lowest was 9.92. And the median was 20.69.


Be Aware

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


Telenor ASA E10 Related Terms

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


Telenor ASA (Telenor ASA) Business Description

Address
Snaroyveien 30, Fornebu, NOR, N-1360
Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.

Telenor ASA (Telenor ASA) Headlines

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