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PubliGroupe (XSWX:PUBN) E10 : CHF3.36 (As of Dec. 2013)


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What is PubliGroupe 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.

PubliGroupe's adjusted earnings per share data for the fiscal year that ended in Dec. 2013 was CHF-2.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CHF3.36 for the trailing ten years ended in Dec. 2013.

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), PubliGroupe's current stock price is CHF 212.00. PubliGroupe's E10 for the fiscal year that ended in Dec. 2013 was CHF3.36. PubliGroupe's Shiller PE Ratio of today is 63.10.


PubliGroupe E10 Historical Data

The historical data trend for PubliGroupe'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.

PubliGroupe E10 Chart

PubliGroupe Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.64 12.95 9.58 9.16 3.36

PubliGroupe Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.64 12.95 9.58 9.16 3.36

Competitive Comparison of PubliGroupe's E10

For the Advertising Agencies subindustry, PubliGroupe'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.


PubliGroupe's Shiller PE Ratio Distribution in the Media - Diversified Industry

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

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



PubliGroupe 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, PubliGroupe's adjusted earnings per share data for the fiscal year that ended in Dec. 2013 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2013 (Change)*Current CPI (Dec. 2013)
=-2.65/101.0356*101.0356
=-2.650

Current CPI (Dec. 2013) = 101.0356.

PubliGroupe Annual Data

per_share_eps CPI Adj_EPS
200412 20.426 97.056 21.263
200512 29.960 98.033 30.878
200612 21.820 98.642 22.349
200712 29.487 100.619 29.609
200812 -18.330 101.324 -18.278
200912 -8.730 101.610 -8.681
201012 18.000 102.138 17.806
201112 11.780 101.408 11.737
201212 21.150 100.968 21.164
201312 -2.650 101.036 -2.650

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


PubliGroupe  (XSWX:PUBN) 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.

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

Shiller PE Ratio=Share Price/E10
=212.00/3.36
=63.10

* 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.


PubliGroupe E10 Related Terms

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


PubliGroupe (XSWX:PUBN) Business Description

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PubliGroupe SA is engaged in sale of advertising space in Switzerland and abroad. It is a provider of marketing and media sales services. The Company operates in the following segments: Search & Find; Media Sales, and Digital & Marketing Services, Corporate and Others. The Search & Find is active in Switzerland and France. It produces and sells instruments facilitating the search for persons, companies, products and services. The printed and interactive directories are the foundation of the Search & Find platform. This platform is supplemented by offers of additional services such as leisure, guides and classified. Media Sales offers all media sales activities (print, electronic, digital & interactive media) in Switzerland and abroad. It is based on partnerships with the media established now for many years. Digital & Marketing Services brings together an international and interactive marketing services portfolio for advertising customers and agencies, including consultancy for the development and implementation of efficient communication and media strategies as well as online marketing platforms deploying access to a wide range of marketing channels. Corporate and Others" includes the Group general management costs, corporate support to develop new activities, real estate management and companies that fall outside the three other operating segments.

PubliGroupe (XSWX:PUBN) Headlines

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