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CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) E10 : R$1.25 (As of Mar. 2024)


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What is CIA de Ferro Ligas da Bahia - Ferbasa 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 de Ferro Ligas da Bahia - Ferbasa's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.454. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CIA de Ferro Ligas da Bahia - Ferbasa's average E10 Growth Rate was 10.60% per year. During the past 3 years, the average E10 Growth Rate was 34.80% 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 de Ferro Ligas da Bahia - Ferbasa was 34.80% per year. The lowest was 34.80% per year. And the median was 34.80% per year.

As of today (2024-05-22), CIA de Ferro Ligas da Bahia - Ferbasa's current stock price is R$14.00. CIA de Ferro Ligas da Bahia - Ferbasa's E10 for the quarter that ended in Mar. 2024 was R$1.25. CIA de Ferro Ligas da Bahia - Ferbasa's Shiller PE Ratio of today is 11.20.

During the past 13 years, the highest Shiller PE Ratio of CIA de Ferro Ligas da Bahia - Ferbasa was 29.80. The lowest was 0.03. And the median was 15.02.


CIA de Ferro Ligas da Bahia - Ferbasa E10 Historical Data

The historical data trend for CIA de Ferro Ligas da Bahia - Ferbasa'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 de Ferro Ligas da Bahia - Ferbasa E10 Chart

CIA de Ferro Ligas da Bahia - Ferbasa 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 -47.60 0.49 0.68 0.97 1.20

CIA de Ferro Ligas da Bahia - Ferbasa 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 1.13 1.16 1.18 1.20 1.25

Competitive Comparison of CIA de Ferro Ligas da Bahia - Ferbasa's E10

For the Steel subindustry, CIA de Ferro Ligas da Bahia - Ferbasa'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 de Ferro Ligas da Bahia - Ferbasa's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, CIA de Ferro Ligas da Bahia - Ferbasa's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CIA de Ferro Ligas da Bahia - Ferbasa's Shiller PE Ratio falls into.



CIA de Ferro Ligas da Bahia - Ferbasa 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 de Ferro Ligas da Bahia - Ferbasa'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)
=0.454/159.3724*159.3724
=0.454

Current CPI (Mar. 2024) = 159.3724.

CIA de Ferro Ligas da Bahia - Ferbasa Quarterly Data

per share eps CPI Adj_EPS
201406 0.076 91.838 0.132
201409 0.055 92.602 0.095
201412 0.040 94.194 0.068
201503 0.091 97.799 0.148
201506 0.218 100.006 0.347
201509 0.116 101.392 0.182
201512 0.054 104.247 0.083
201603 0.036 106.979 0.054
201606 -0.060 108.851 -0.088
201609 0.018 109.986 0.026
201612 0.212 110.802 0.305
201703 0.221 111.869 0.315
201706 0.176 112.115 0.250
201709 0.177 112.777 0.250
201712 0.172 114.068 0.240
201803 0.175 114.868 0.243
201806 0.210 117.038 0.286
201809 0.411 117.881 0.556
201812 0.055 118.340 0.074
201903 0.127 120.124 0.168
201906 0.087 120.977 0.115
201909 0.399 121.292 0.524
201912 -0.003 123.436 -0.004
202003 -0.002 124.092 -0.003
202006 0.059 123.557 0.076
202009 0.032 125.095 0.041
202012 0.103 129.012 0.127
202103 0.163 131.660 0.197
202106 0.315 133.871 0.375
202109 0.642 137.913 0.742
202112 0.652 141.992 0.732
202203 0.695 146.537 0.756
202206 1.050 149.784 1.117
202209 0.764 147.800 0.824
202212 0.419 150.207 0.445
202303 1.450 153.352 1.507
202306 0.336 154.519 0.347
202309 0.205 155.464 0.210
202312 0.152 157.148 0.154
202403 0.454 159.372 0.454

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


CIA de Ferro Ligas da Bahia - Ferbasa  (BSP:FESA3) 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 de Ferro Ligas da Bahia - Ferbasa's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.00/1.25
=11.20

* 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 de Ferro Ligas da Bahia - Ferbasa was 29.80. The lowest was 0.03. And the median was 15.02.


Be Aware

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


CIA de Ferro Ligas da Bahia - Ferbasa E10 Related Terms

Thank you for viewing the detailed overview of CIA de Ferro Ligas da Bahia - Ferbasa's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) Business Description

Traded in Other Exchanges
Address
Estrada de Santiago s/n, Pojuca, BA, BRA, 48120000
CIA de Ferro Ligas da Bahia - Ferbasa produces ferroalloys, including chromium alloys and silicon ferroalloys. It operates in the areas of mining, reforestation, and metallurgy, offering high-carbon ferrochrome, low-carbon ferrochrome, and ferrosilicon. It also engages in the mining, forestry, metallurgy businesses.

CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) Headlines

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