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QNB Finans Finansal Kiralama AS (IST:QNBFL) E10 : ₺0.22 (As of Mar. 2024)


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What is QNB Finans Finansal Kiralama AS 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.

QNB Finans Finansal Kiralama AS's adjusted earnings per share data for the three months ended in Mar. 2024 was ₺0.163. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺0.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, QNB Finans Finansal Kiralama AS's average E10 Growth Rate was 46.70% per year. During the past 3 years, the average E10 Growth Rate was 41.90% per year. During the past 5 years, the average E10 Growth Rate was 12.10% 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 QNB Finans Finansal Kiralama AS was 41.90% per year. The lowest was -15.70% per year. And the median was 29.40% per year.

As of today (2024-05-27), QNB Finans Finansal Kiralama AS's current stock price is ₺134.50. QNB Finans Finansal Kiralama AS's E10 for the quarter that ended in Mar. 2024 was ₺0.22. QNB Finans Finansal Kiralama AS's Shiller PE Ratio of today is 611.36.

During the past 13 years, the highest Shiller PE Ratio of QNB Finans Finansal Kiralama AS was 900.00. The lowest was 0.01. And the median was 101.55.


QNB Finans Finansal Kiralama AS E10 Historical Data

The historical data trend for QNB Finans Finansal Kiralama AS'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.

QNB Finans Finansal Kiralama AS E10 Chart

QNB Finans Finansal Kiralama AS 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 0.06 0.07 0.09 0.13 0.20

QNB Finans Finansal Kiralama AS 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 0.15 0.17 0.20 0.20 0.22

Competitive Comparison of QNB Finans Finansal Kiralama AS's E10

For the Credit Services subindustry, QNB Finans Finansal Kiralama AS'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.


QNB Finans Finansal Kiralama AS's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, QNB Finans Finansal Kiralama AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where QNB Finans Finansal Kiralama AS's Shiller PE Ratio falls into.



QNB Finans Finansal Kiralama AS 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, QNB Finans Finansal Kiralama AS'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)
=0.163/131.7762*131.7762
=0.163

Current CPI (Mar. 2024) = 131.7762.

QNB Finans Finansal Kiralama AS Quarterly Data

per share eps CPI Adj_EPS
201406 0.014 100.560 0.018
201409 0.008 100.428 0.010
201412 0.014 99.070 0.019
201503 0.013 99.621 0.017
201506 0.012 100.684 0.016
201509 0.010 100.392 0.013
201512 0.017 99.792 0.022
201603 0.014 100.470 0.018
201606 0.014 101.688 0.018
201609 0.016 101.861 0.021
201612 0.014 101.863 0.018
201703 0.029 102.862 0.037
201706 0.023 103.349 0.029
201709 0.026 104.136 0.033
201712 0.016 104.011 0.020
201803 0.036 105.290 0.045
201806 0.035 106.317 0.043
201809 0.027 106.507 0.033
201812 -0.025 105.998 -0.031
201903 0.026 107.251 0.032
201906 0.027 108.070 0.033
201909 0.024 108.329 0.029
201912 0.014 108.420 0.017
202003 0.037 108.902 0.045
202006 0.035 108.767 0.042
202009 0.034 109.815 0.041
202012 0.034 109.897 0.041
202103 0.039 111.754 0.046
202106 0.043 114.631 0.049
202109 0.046 115.734 0.052
202112 0.073 117.630 0.082
202203 0.073 121.301 0.079
202206 0.102 125.017 0.108
202209 0.108 125.227 0.114
202212 0.118 125.222 0.124
202303 0.153 127.348 0.158
202306 0.243 128.729 0.249
202309 0.239 129.860 0.243
202312 0.022 129.419 0.022
202403 0.163 131.776 0.163

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


QNB Finans Finansal Kiralama AS  (IST:QNBFL) 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.

QNB Finans Finansal Kiralama AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=134.50/0.22
=611.36

* 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 QNB Finans Finansal Kiralama AS was 900.00. The lowest was 0.01. And the median was 101.55.


Be Aware

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


QNB Finans Finansal Kiralama AS E10 Related Terms

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


QNB Finans Finansal Kiralama AS (IST:QNBFL) Business Description

Traded in Other Exchanges
N/A
Address
Nispetiye Caddesi, Akmerkez B Kulesi Kat: 10, Istanbul, TUR, 34620
QNB Finans Finansal Kiralama AS is a Turkey-based company involved in providing leasing services to Wind Turbines & Solar Power Plants, Heavy Machinery, Automobiles, Medical Equipment, Agricultural Equipment, and Printing Equipment among others.

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