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Grempco (WAR:GRM) E10 : zł0.08 (As of Mar. 2024)


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What is Grempco 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.

Grempco's adjusted earnings per share data for the three months ended in Mar. 2024 was zł0.051. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grempco's average E10 Growth Rate was 14.30% 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.

As of today (2024-06-07), Grempco's current stock price is zł0.64. Grempco's E10 for the quarter that ended in Mar. 2024 was zł0.08. Grempco's Shiller PE Ratio of today is 8.00.

During the past 13 years, the highest Shiller PE Ratio of Grempco was 15.00. The lowest was 6.50. And the median was 7.88.


Grempco E10 Historical Data

The historical data trend for Grempco'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.

Grempco E10 Chart

Grempco Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.05 0.07

Grempco Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.07 0.08 0.08 0.08 0.08

Competitive Comparison of Grempco's E10

For the Asset Management subindustry, Grempco'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.


Grempco's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Grempco 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, Grempco'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)
=0.051/149.0435*149.0435
=0.051

Current CPI (Mar. 2024) = 149.0435.

Grempco Quarterly Data

per share eps CPI Adj_EPS
201403 0.000 101.262 0.000
201406 -0.001 101.180 -0.001
201409 -0.001 100.611 -0.001
201412 0.005 100.122 0.007
201503 0.000 100.041 0.000
201506 -0.001 100.448 -0.001
201509 -0.001 99.634 -0.001
201512 0.011 99.471 0.016
201603 -0.001 98.983 -0.002
201606 -0.001 99.552 -0.001
201609 -0.001 99.064 -0.002
201612 0.019 100.366 0.028
201703 0.000 101.018 0.000
201706 0.034 101.180 0.050
201709 0.001 101.343 0.001
201712 0.025 102.564 0.036
201803 0.045 102.564 0.065
201806 -0.003 103.378 -0.004
201809 0.002 103.378 0.003
201812 0.028 103.785 0.040
201903 0.047 104.274 0.067
201906 -0.005 105.983 -0.007
201909 -0.002 105.983 -0.003
201912 0.037 107.123 0.051
202003 0.032 109.076 0.044
202006 -0.003 109.402 -0.004
202009 0.001 109.320 0.001
202012 0.047 109.565 0.064
202103 0.031 112.658 0.041
202106 -0.005 113.960 -0.007
202109 0.016 115.588 0.021
202112 0.049 119.088 0.061
202203 0.041 125.031 0.049
202206 -0.007 131.705 -0.008
202209 0.015 135.531 0.016
202212 0.044 139.113 0.047
202303 0.042 145.950 0.043
202306 -0.006 147.009 -0.006
202309 0.015 146.113 0.015
202403 0.051 149.044 0.051

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


Grempco  (WAR:GRM) 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.

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

Shiller PE Ratio=Share Price/E10
=0.64/0.08
=8.00

* 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 Grempco was 15.00. The lowest was 6.50. And the median was 7.88.


Be Aware

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


Grempco E10 Related Terms

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


Grempco (WAR:GRM) Business Description

Traded in Other Exchanges
N/A
Address
Lozienica, Ulica Prosta 2, Goleniow, POL, 72-100
Grempco SA is an equity investment portfolio management company. The company's investments are focused on high technology companies in the sector of engineering for construction.

Grempco (WAR:GRM) Headlines

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