GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Bezeq The Israeli Telecommunication Corp Ltd (XTAE:BEZQ) » Definitions » E10

Bezeq The Israeli Telecommunication (XTAE:BEZQ) E10 : ₪0.35 (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Bezeq The Israeli Telecommunication 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.

Bezeq The Israeli Telecommunication's adjusted earnings per share data for the three months ended in Mar. 2024 was ₪0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₪0.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bezeq The Israeli Telecommunication's average E10 Growth Rate was -7.90% per year. During the past 3 years, the average E10 Growth Rate was -22.40% 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 Bezeq The Israeli Telecommunication was -22.40% per year. The lowest was -22.40% per year. And the median was -22.40% per year.

As of today (2024-06-10), Bezeq The Israeli Telecommunication's current stock price is ₪4.30. Bezeq The Israeli Telecommunication's E10 for the quarter that ended in Mar. 2024 was ₪0.35. Bezeq The Israeli Telecommunication's Shiller PE Ratio of today is 12.29.

During the past 13 years, the highest Shiller PE Ratio of Bezeq The Israeli Telecommunication was 15.49. The lowest was 2.77. And the median was 12.77.


Bezeq The Israeli Telecommunication E10 Historical Data

The historical data trend for Bezeq The Israeli Telecommunication'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.

Bezeq The Israeli Telecommunication E10 Chart

Bezeq The Israeli Telecommunication 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 -1.37 0.77 0.41 0.38 0.36

Bezeq The Israeli Telecommunication 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 0.37 0.37 0.36 0.35

Competitive Comparison of Bezeq The Israeli Telecommunication's E10

For the Telecom Services subindustry, Bezeq The Israeli Telecommunication'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.


Bezeq The Israeli Telecommunication's Shiller PE Ratio Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Bezeq The Israeli Telecommunication's Shiller PE Ratio falls into.



Bezeq The Israeli Telecommunication 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, Bezeq The Israeli Telecommunication'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)
=0.11/131.7762*131.7762
=0.110

Current CPI (Mar. 2024) = 131.7762.

Bezeq The Israeli Telecommunication Quarterly Data

per share eps CPI Adj_EPS
201406 0.290 100.560 0.380
201409 0.160 100.428 0.210
201412 0.150 99.070 0.200
201503 0.170 99.621 0.225
201506 0.170 100.684 0.222
201509 0.150 100.392 0.197
201512 0.130 99.792 0.172
201603 0.100 100.470 0.131
201606 0.140 101.688 0.181
201609 0.140 101.861 0.181
201612 0.070 101.863 0.091
201703 0.130 102.862 0.167
201706 0.130 103.349 0.166
201709 0.120 104.136 0.152
201712 0.074 104.011 0.094
201803 0.090 105.290 0.113
201806 0.070 106.317 0.087
201809 0.080 106.507 0.099
201812 -0.644 105.998 -0.801
201903 0.110 107.251 0.135
201906 -0.570 108.070 -0.695
201909 0.060 108.329 0.073
201912 -0.031 108.420 -0.038
202003 0.120 108.902 0.145
202006 0.100 108.767 0.121
202009 0.010 109.815 0.012
202012 0.060 109.897 0.072
202103 0.150 111.754 0.177
202106 0.110 114.631 0.126
202109 0.100 115.734 0.114
202112 0.070 117.630 0.078
202203 0.100 121.301 0.109
202206 0.110 125.017 0.116
202209 0.110 125.227 0.116
202212 0.040 125.222 0.042
202303 0.110 127.348 0.114
202306 0.120 128.729 0.123
202309 0.110 129.860 0.112
202312 0.090 129.419 0.092
202403 0.110 131.776 0.110

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


Bezeq The Israeli Telecommunication  (XTAE:BEZQ) 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.

Bezeq The Israeli Telecommunication's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.30/0.35
=12.29

* 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 Bezeq The Israeli Telecommunication was 15.49. The lowest was 2.77. And the median was 12.77.


Be Aware

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


Bezeq The Israeli Telecommunication E10 Related Terms

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


Bezeq The Israeli Telecommunication (XTAE:BEZQ) Business Description

Traded in Other Exchanges
Address
132 Menachem Begin Avenue, Azrieli Center, (Triangle Tower), 27th Floor, Tel Aviv, ISR, 61620
Bezeq The Israeli Telecommunication Corp Ltd is a triple-play telecommunications company. The company generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone, Bezeq International, and DBS Satellite Services. The Bezeq segment generates revenue from fixed-line communications and contributes the majority of overall company revenue. Pelephone derives revenue from the provision of mobile services. Bezeq International and DBS Satellite Services produce revenue from the provision of Internet services and satellite TV services, respectively. The company owns telecommunications infrastructure, such as fibre networks. It generates the vast majority of its revenue in Israel.

Bezeq The Israeli Telecommunication (XTAE:BEZQ) Headlines

No Headlines