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Arteria (WAR:ARR) E10 : zł0.21 (As of Sep. 2022)


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What is Arteria 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.

Arteria's adjusted earnings per share data for the three months ended in Sep. 2022 was zł0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.21 for the trailing ten years ended in Sep. 2022.

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 (2024-06-01), Arteria's current stock price is zł9.40. Arteria's E10 for the quarter that ended in Sep. 2022 was zł0.21. Arteria's Shiller PE Ratio of today is 44.76.


Arteria E10 Historical Data

The historical data trend for Arteria'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.

Arteria E10 Chart

Arteria Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.66 0.62 0.32 0.25

Arteria Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.37 0.25 0.33 0.23 0.21

Competitive Comparison of Arteria's E10

For the Consulting Services subindustry, Arteria'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.


Arteria's Shiller PE Ratio Distribution in the Business Services Industry

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

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



Arteria 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, Arteria's adjusted earnings per share data for the three months ended in Sep. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.36/135.5311*135.5311
=0.360

Current CPI (Sep. 2022) = 135.5311.

Arteria Quarterly Data

per share eps CPI Adj_EPS
201212 0.630 100.285 0.851
201303 0.440 100.529 0.593
201306 0.640 100.855 0.860
201309 0.550 100.936 0.739
201312 0.750 101.018 1.006
201403 0.470 101.262 0.629
201406 0.570 101.180 0.764
201409 0.470 100.611 0.633
201412 0.920 100.122 1.245
201503 0.490 100.041 0.664
201506 0.650 100.448 0.877
201509 0.750 99.634 1.020
201512 0.507 99.471 0.691
201603 0.490 98.983 0.671
201606 0.450 99.552 0.613
201609 0.560 99.064 0.766
201612 0.230 100.366 0.311
201703 0.172 101.018 0.231
201706 -0.004 101.180 -0.005
201709 0.290 101.343 0.388
201712 -10.240 102.564 -13.531
201803 0.110 102.564 0.145
201806 0.090 103.378 0.118
201809 0.100 103.378 0.131
201812 0.310 103.785 0.405
201903 0.080 104.274 0.104
201906 0.160 105.983 0.205
201909 0.140 105.983 0.179
201912 0.230 107.123 0.291
202003 -0.140 109.076 -0.174
202006 -0.580 109.402 -0.719
202009 -0.330 109.320 -0.409
202012 -0.530 109.565 -0.656
202103 0.280 112.658 0.337
202106 0.990 113.960 1.177
202109 0.500 115.588 0.586
202112 -0.680 119.088 -0.774
202203 1.100 125.031 1.192
202206 -0.420 131.705 -0.432
202209 0.360 135.531 0.360

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


Arteria  (WAR:ARR) 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.

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

Shiller PE Ratio=Share Price/E10
=9.40/0.21
=44.76

* 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.


Be Aware

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


Arteria E10 Related Terms

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


Arteria (WAR:ARR) Business Description

Traded in Other Exchanges
N/A
Address
ul. Stawki 2A, Warsaw, POL, 00-193
Arteria operates in the commercial nonphysical research sector. It is engaged in the outsourcing sector. The company offers customer service and maintenance, consulting, technological and operational support, sales and distribution network, and communication and trade marketing. Its products in the area of ??outsourcing, such as databases, supplemented with process technologies, the ability to resell additional services and sales promotions, cross-selling or merchandising.