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MLP SE (WBO:MLP) E10 : €0.41 (As of Mar. 2024)


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What is MLP SE 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.

MLP SE's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MLP SE's average E10 Growth Rate was 7.90% per year. During the past 3 years, the average E10 Growth Rate was 11.70% per year. During the past 5 years, the average E10 Growth Rate was 8.30% 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 MLP SE was 11.70% per year. The lowest was 8.00% per year. And the median was 8.70% per year.

As of today (2024-06-09), MLP SE's current stock price is €6.61. MLP SE's E10 for the quarter that ended in Mar. 2024 was €0.41. MLP SE's Shiller PE Ratio of today is 16.12.

During the past 13 years, the highest Shiller PE Ratio of MLP SE was 27.25. The lowest was 11.51. And the median was 16.25.


MLP SE E10 Historical Data

The historical data trend for MLP SE'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.

MLP SE E10 Chart

MLP SE 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 0.28 0.28 0.34 0.35 0.39

MLP SE 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 0.38 0.39 0.39 0.39 0.41

Competitive Comparison of MLP SE's E10

For the Asset Management subindustry, MLP SE'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.


MLP SE's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MLP SE's Shiller PE Ratio distribution charts can be found below:

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



MLP SE 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, MLP SE'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)
=0.25/125.0381*125.0381
=0.250

Current CPI (Mar. 2024) = 125.0381.

MLP SE Quarterly Data

per share eps CPI Adj_EPS
201406 0.010 99.543 0.013
201409 0.030 99.823 0.038
201412 0.200 99.543 0.251
201503 0.050 99.717 0.063
201506 0.010 100.417 0.012
201509 -0.030 100.417 -0.037
201512 0.150 99.717 0.188
201603 0.060 100.017 0.075
201606 -0.010 100.717 -0.012
201609 0.040 101.017 0.050
201612 0.040 101.217 0.049
201703 0.080 101.417 0.099
201706 0.020 102.117 0.024
201709 0.010 102.717 0.012
201712 0.150 102.617 0.183
201803 0.090 102.917 0.109
201806 0.004 104.017 0.005
201809 0.070 104.718 0.084
201812 0.160 104.217 0.192
201903 0.080 104.217 0.096
201906 -0.001 105.718 -0.001
201909 0.060 106.018 0.071
201912 0.200 105.818 0.236
202003 0.070 105.718 0.083
202006 0.050 106.618 0.059
202009 0.050 105.818 0.059
202012 0.230 105.518 0.273
202103 0.150 107.518 0.174
202106 0.050 108.486 0.058
202109 0.090 109.435 0.103
202112 0.280 110.384 0.317
202203 0.230 113.968 0.252
202206 0.050 115.760 0.054
202209 0.040 118.818 0.042
202212 0.150 119.345 0.157
202303 0.220 122.402 0.225
202306 0.020 123.140 0.020
202309 0.060 124.195 0.060
202312 0.140 123.773 0.141
202403 0.250 125.038 0.250

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


MLP SE  (WBO:MLP) 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.

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

Shiller PE Ratio=Share Price/E10
=6.61/0.41
=16.12

* 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 MLP SE was 27.25. The lowest was 11.51. And the median was 16.25.


Be Aware

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


MLP SE E10 Related Terms

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


MLP SE (WBO:MLP) Business Description

Traded in Other Exchanges
Address
Alte Heerstrasse 40, Wiesloch, BW, DEU, D-69168
MLP SE is a Germany-based holding company which provides consultation that covers all economic and financial aspects for private and corporate clients, as well as institutional investors such as old-age provision, wealth management, health insurance, non-life insurance, loans, banking, among others. The company has seven business segments namely, Financial consulting; Banking; FERI; DOMCURA; Industrial Broker; Deutschland.Immobilien and Holding.

MLP SE (WBO:MLP) Headlines

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