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Companhia Celg de Participacoes (BSP:GPAR3) E10 : R$186.58 (As of Dec. 2023)


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What is Companhia Celg de Participacoes 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.

Companhia Celg de Participacoes's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$186.58 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Companhia Celg de Participacoes's average E10 Growth Rate was 4.50% per year. During the past 3 years, the average E10 Growth Rate was 9.00% per year. During the past 5 years, the average E10 Growth Rate was 8.80% 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 Companhia Celg de Participacoes was 10.00% per year. The lowest was 8.90% per year. And the median was 9.00% per year.

As of today (2024-06-03), Companhia Celg de Participacoes's current stock price is R$47.50. Companhia Celg de Participacoes's E10 for the quarter that ended in Dec. 2023 was R$186.58. Companhia Celg de Participacoes's Shiller PE Ratio of today is 0.25.

During the past 13 years, the highest Shiller PE Ratio of Companhia Celg de Participacoes was 0.69. The lowest was 0.05. And the median was 0.24.


Companhia Celg de Participacoes E10 Historical Data

The historical data trend for Companhia Celg de Participacoes'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.

Companhia Celg de Participacoes E10 Chart

Companhia Celg de Participacoes 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 134.24 143.92 162.07 178.54 186.58

Companhia Celg de Participacoes 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 178.54 182.23 183.97 185.37 186.58

Competitive Comparison of Companhia Celg de Participacoes's E10

For the Utilities - Regulated Electric subindustry, Companhia Celg de Participacoes'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.


Companhia Celg de Participacoes's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Celg de Participacoes's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Celg de Participacoes's Shiller PE Ratio falls into.



Companhia Celg de Participacoes 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, Companhia Celg de Participacoes'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)
=0.24/157.1481*157.1481
=0.240

Current CPI (Dec. 2023) = 157.1481.

Companhia Celg de Participacoes Quarterly Data

per share eps CPI Adj_EPS
201312 -0.773 88.522 -1.372
201403 -8.441 90.447 -14.666
201406 -7.283 91.838 -12.462
201412 0.000 94.194 0.000
201503 -5.239 97.799 -8.418
201506 -1.934 100.006 -3.039
201509 -8.484 101.392 -13.149
201512 -3.204 104.247 -4.830
201603 -1.454 106.979 -2.136
201606 3.384 108.851 4.885
201609 -0.236 109.986 -0.337
201612 36.406 110.802 51.634
201703 1,279.000 111.869 1,796.675
201706 1.088 112.115 1.525
201709 0.958 112.777 1.335
201712 0.483 114.068 0.665
201803 0.376 114.868 0.514
201806 0.472 117.038 0.634
201809 0.584 117.881 0.779
201812 0.475 118.340 0.631
201903 0.419 120.124 0.548
201906 0.346 120.977 0.449
201909 0.613 121.292 0.794
201912 0.816 123.436 1.039
202003 1.152 124.092 1.459
202006 0.201 123.557 0.256
202009 0.385 125.095 0.484
202012 1.065 129.012 1.297
202103 0.557 131.660 0.665
202106 0.492 133.871 0.578
202109 0.036 137.913 0.041
202112 1.094 141.992 1.211
202203 9.059 146.537 9.715
202206 0.566 149.784 0.594
202209 0.178 147.800 0.189
202212 0.287 150.207 0.300
202303 0.141 153.352 0.144
202306 0.160 154.519 0.163
202309 0.080 155.464 0.081
202312 0.240 157.148 0.240

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


Companhia Celg de Participacoes  (BSP:GPAR3) 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.

Companhia Celg de Participacoes's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=47.50/186.58
=0.25

* 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 Companhia Celg de Participacoes was 0.69. The lowest was 0.05. And the median was 0.24.


Be Aware

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


Companhia Celg de Participacoes E10 Related Terms

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


Companhia Celg de Participacoes (BSP:GPAR3) Business Description

Traded in Other Exchanges
N/A
Address
Rua 2, Quadra A-37, No- 505, Edificio Gileno Godoi, Goiania, BRA, 74805-180
Companhia Celg de Participacoes SA operates as the holding company in electricity sector. The Company generates, distributes, transmits and markets electric energy in Brazil.

Companhia Celg de Participacoes (BSP:GPAR3) Headlines

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