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Agencja Rozwoju Innowacji (WAR:ARI) E10 : zł-0.06 (As of Mar. 2024)


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What is Agencja Rozwoju Innowacji 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.

Agencja Rozwoju Innowacji's adjusted earnings per share data for the three months ended in Mar. 2024 was zł0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-0.06 for the trailing ten years ended in Mar. 2024.

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 (2024-06-10), Agencja Rozwoju Innowacji's current stock price is zł0.298. Agencja Rozwoju Innowacji's E10 for the quarter that ended in Mar. 2024 was zł-0.06. Agencja Rozwoju Innowacji's Shiller PE Ratio of today is .


Agencja Rozwoju Innowacji E10 Historical Data

The historical data trend for Agencja Rozwoju Innowacji'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.

Agencja Rozwoju Innowacji E10 Chart

Agencja Rozwoju Innowacji Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.04 -0.05

Agencja Rozwoju Innowacji Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.05 - -0.05 -0.06 -0.06

Competitive Comparison of Agencja Rozwoju Innowacji's E10

For the Specialty Business Services subindustry, Agencja Rozwoju Innowacji'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.


Agencja Rozwoju Innowacji's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Agencja Rozwoju Innowacji's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Agencja Rozwoju Innowacji's Shiller PE Ratio falls into.



Agencja Rozwoju Innowacji 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, Agencja Rozwoju Innowacji'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)
=0.001/149.0435*149.0435
=0.001

Current CPI (Mar. 2024) = 149.0435.

Agencja Rozwoju Innowacji Quarterly Data

per share eps CPI Adj_EPS
201403 -0.023 101.262 -0.034
201406 -0.025 101.180 -0.037
201409 -0.021 100.611 -0.031
201412 -0.043 100.122 -0.064
201503 0.004 100.041 0.006
201506 0.001 100.448 0.001
201509 -0.023 99.634 -0.034
201512 0.002 99.471 0.003
201603 -0.041 98.983 -0.062
201606 -0.011 99.552 -0.016
201609 -0.012 99.064 -0.018
201612 -0.015 100.366 -0.022
201703 -0.003 101.018 -0.004
201706 0.004 101.180 0.006
201709 -0.008 101.343 -0.012
201712 0.010 102.564 0.015
201803 -0.006 102.564 -0.009
201806 0.026 103.378 0.037
201809 -0.109 103.378 -0.157
201812 0.117 103.785 0.168
201903 -0.024 104.274 -0.034
201906 0.005 105.983 0.007
201909 -0.010 105.983 -0.014
201912 -0.177 107.123 -0.246
202003 -0.003 109.076 -0.004
202006 -0.006 109.402 -0.008
202009 -0.004 109.320 -0.005
202012 0.012 109.565 0.016
202103 0.010 112.658 0.013
202106 -0.003 113.960 -0.004
202109 -0.008 115.588 -0.010
202112 0.002 119.088 0.003
202203 -0.001 125.031 -0.001
202206 -0.002 131.705 -0.002
202209 -0.003 135.531 -0.003
202212 -0.017 139.113 -0.018
202303 0.000 145.950 0.000
202306 0.001 147.009 0.001
202309 0.003 146.113 0.003
202403 0.001 149.044 0.001

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


Agencja Rozwoju Innowacji  (WAR:ARI) 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.


Be Aware

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


Agencja Rozwoju Innowacji E10 Related Terms

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


Agencja Rozwoju Innowacji (WAR:ARI) Business Description

Traded in Other Exchanges
N/A
Address
ul. Ostrodzka 38, Wroclaw, POL, 54-116
Agencja Rozwoju Innowacji SA offers Financial, Consulting and Training services. Financial services include getting finance in the form of a loan or a subsidy. Consulting service offers Export development strategy, Thematic strategies, Market analysis. Whereas Training projects are addressed both to companies and local government units in the formula of open and closed training.