GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NAVER Corp (XKRX:035420) » Definitions » E10

NAVER (XKRX:035420) E10 : ₩16,007.70 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is NAVER 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.

NAVER's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩3,309.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩16,007.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NAVER's average E10 Growth Rate was -0.40% per year. During the past 3 years, the average E10 Growth Rate was 47.10% per year. During the past 5 years, the average E10 Growth Rate was 37.40% 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 NAVER was 51.30% per year. The lowest was 2.70% per year. And the median was 47.10% per year.

As of today (2024-05-24), NAVER's current stock price is ₩182100.00. NAVER's E10 for the quarter that ended in Mar. 2024 was ₩16,007.70. NAVER's Shiller PE Ratio of today is 11.38.

During the past 13 years, the highest Shiller PE Ratio of NAVER was 81.10. The lowest was 10.02. And the median was 28.29.


NAVER E10 Historical Data

The historical data trend for NAVER'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.

NAVER E10 Chart

NAVER 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 4,615.37 4,956.61 15,147.90 15,982.80 15,780.90

NAVER 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 16,076.60 16,231.20 15,653.60 15,780.90 16,007.70

Competitive Comparison of NAVER's E10

For the Internet Content & Information subindustry, NAVER'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.


NAVER's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NAVER's Shiller PE Ratio distribution charts can be found below:

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



NAVER 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, NAVER'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)
=3309/118.8477*118.8477
=3,309.000

Current CPI (Mar. 2024) = 118.8477.

NAVER Quarterly Data

per share eps CPI Adj_EPS
201406 269.600 99.353 322.500
201409 1,035.400 99.608 1,235.392
201412 881.800 99.098 1,057.538
201503 917.000 99.720 1,092.894
201506 845.000 100.050 1,003.761
201509 796.000 100.110 944.988
201512 966.000 100.220 1,145.549
201603 1,135.400 100.560 1,341.882
201606 1,441.000 100.790 1,699.172
201609 1,307.000 101.460 1,530.987
201612 1,172.600 101.560 1,372.202
201703 1,416.600 102.850 1,636.944
201706 1,201.200 102.610 1,391.286
201709 1,445.600 103.490 1,660.124
201712 1,227.040 102.990 1,415.971
201803 225.600 104.100 257.560
201806 361.600 104.130 412.708
201809 135.400 105.650 152.314
201812 823.636 104.350 938.067
201903 890.000 104.490 1,012.293
201906 545.000 104.880 617.582
201909 862.000 105.200 973.828
201912 1,710.000 105.120 1,933.310
202003 1,270.000 105.540 1,430.136
202006 1,013.000 104.870 1,148.019
202009 1,688.000 106.200 1,889.029
202012 2,861.000 105.765 3,214.882
202103 103,521.000 107.357 114,600.909
202106 3,519.000 107.579 3,887.623
202109 2,206.000 108.759 2,410.628
202112 -8,075.000 109.676 -8,750.243
202203 1,118.000 111.806 1,188.415
202206 1,198.000 114.083 1,248.037
202209 1,689.000 114.831 1,748.075
202212 973.000 115.200 1,003.807
202303 320.000 116.550 326.310
202306 1,735.000 117.140 1,760.295
202309 2,462.000 119.111 2,456.554
202312 2,057.000 118.848 2,057.000
202403 3,309.000 118.848 3,309.000

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


NAVER  (XKRX:035420) 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.

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

Shiller PE Ratio=Share Price/E10
=182100.00/16007.7
=11.38

* 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 NAVER was 81.10. The lowest was 10.02. And the median was 28.29.


Be Aware

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


NAVER E10 Related Terms

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


NAVER (XKRX:035420) Business Description

Traded in Other Exchanges
N/A
Address
6, Buljeong-ro, Seongnam, Gyeonggi, Bundang-gu, KOR
Naver has been the leading search portal in South Korea for many years. The company has also been evolving into an internet platform providing a variety of internet services, such as news, dictionary, maps, digital comic content, social networking, e-commerce, videos, fintech services based on online payments, and Cloud services. Naver was also the incubator of Line, the leading mobile messaging app in Japan, Taiwan, Thailand, and Indonesia, which merged with Z Holdings (Yahoo Japan), with Naver now owning 32.5% of the merged entity. Snow, the Snapchat-like mobile app launched in 2015, has also been well received in South Korea, Japan, and other Asian countries.

NAVER (XKRX:035420) Headlines

No Headlines