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Cia Paranaense De Energia Copel (BSP:CPLE3) E10 : R$0.92 (As of Dec. 2023)


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What is Cia Paranaense De Energia Copel 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.

Cia Paranaense De Energia Copel's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.247. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cia Paranaense De Energia Copel's average E10 Growth Rate was 5.70% per year. During the past 3 years, the average E10 Growth Rate was 12.30% per year. During the past 5 years, the average E10 Growth Rate was 13.50% per year. During the past 10 years, the average E10 Growth Rate was 8.00% 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 Cia Paranaense De Energia Copel was 16.90% per year. The lowest was 1.90% per year. And the median was 12.65% per year.

As of today (2024-05-24), Cia Paranaense De Energia Copel's current stock price is R$8.41. Cia Paranaense De Energia Copel's E10 for the quarter that ended in Dec. 2023 was R$0.92. Cia Paranaense De Energia Copel's Shiller PE Ratio of today is 9.14.

During the past 13 years, the highest Shiller PE Ratio of Cia Paranaense De Energia Copel was 15.20. The lowest was 2.44. And the median was 6.13.


Cia Paranaense De Energia Copel E10 Historical Data

The historical data trend for Cia Paranaense De Energia Copel'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.

Cia Paranaense De Energia Copel E10 Chart

Cia Paranaense De Energia Copel 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 0.56 0.65 0.83 0.87 0.92

Cia Paranaense De Energia Copel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.87 0.89 0.89 0.89 0.92

Competitive Comparison of Cia Paranaense De Energia Copel's E10

For the Utilities - Diversified subindustry, Cia Paranaense De Energia Copel'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.


Cia Paranaense De Energia Copel's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Paranaense De Energia Copel's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cia Paranaense De Energia Copel's Shiller PE Ratio falls into.



Cia Paranaense De Energia Copel 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, Cia Paranaense De Energia Copel's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.247/157.1481*157.1481
=0.247

Current CPI (Dec. 2023) = 157.1481.

Cia Paranaense De Energia Copel Quarterly Data

per share eps CPI Adj_EPS
201403 0.196 90.447 0.341
201406 0.074 91.838 0.127
201409 0.080 92.602 0.136
201412 0.087 94.194 0.145
201503 0.151 97.799 0.243
201506 0.096 100.006 0.151
201509 0.031 101.392 0.048
201512 0.145 104.247 0.219
201603 0.049 106.979 0.072
201606 0.347 108.851 0.501
201609 -0.044 109.986 -0.063
201612 -0.029 110.802 -0.041
201703 0.143 111.869 0.201
201706 0.051 112.115 0.071
201709 0.149 112.777 0.208
201712 0.037 114.068 0.051
201803 0.127 114.868 0.174
201806 0.128 117.038 0.172
201809 0.155 117.881 0.207
201812 0.136 118.340 0.181
201903 0.182 120.124 0.238
201906 0.128 120.977 0.166
201909 0.209 121.292 0.271
201912 0.209 123.436 0.266
202003 0.187 124.092 0.237
202006 0.588 123.557 0.748
202009 0.250 125.095 0.314
202012 0.396 129.012 0.482
202103 0.287 131.660 0.343
202106 0.347 133.871 0.407
202109 0.630 137.913 0.718
202112 0.575 141.992 0.636
202203 0.243 146.537 0.261
202206 -0.196 149.784 -0.206
202209 0.139 147.800 0.148
202212 0.222 150.207 0.232
202303 0.229 153.352 0.235
202306 0.116 154.519 0.118
202309 0.148 155.464 0.150
202312 0.247 157.148 0.247

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


Cia Paranaense De Energia Copel  (BSP:CPLE3) 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.

Cia Paranaense De Energia Copel's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.41/0.92
=9.14

* 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 Cia Paranaense De Energia Copel was 15.20. The lowest was 2.44. And the median was 6.13.


Be Aware

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


Cia Paranaense De Energia Copel E10 Related Terms

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


Cia Paranaense De Energia Copel (BSP:CPLE3) Business Description

Address
Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240
Cia Paranaense De Energia Copel is primarily involved in the production of power in the Brazilian state of Parana. Specifically, the company's operating segments include power generation and transmission, gas, power distribution, power sale, and Holding and Services. Most of the company's revenue is derived from the sale of electricity. It generates electricity through renewable energy sources such as hydroelectric, wind plants, and thermoelectric plants. The company was designed to allow Parana to manage the distribution of power and related services, so the state is a major shareholder.

Cia Paranaense De Energia Copel (BSP:CPLE3) Headlines

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