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Telecomunicacoes Brasileiras (BSP:TELB3) E10 : R$-74,870.80 (As of Sep. 2023)


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What is Telecomunicacoes Brasileiras 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.

Telecomunicacoes Brasileiras's adjusted earnings per share data for the three months ended in Sep. 2023 was R$-1.343. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-74,870.80 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average E10 Growth Rate was -1.90% per year. During the past 5 years, the average E10 Growth Rate was -0.50% 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 Telecomunicacoes Brasileiras was 2.40% per year. The lowest was -59.10% per year. And the median was 0.50% per year.

As of today (2024-06-09), Telecomunicacoes Brasileiras's current stock price is R$12.98. Telecomunicacoes Brasileiras's E10 for the quarter that ended in Sep. 2023 was R$-74,870.80. Telecomunicacoes Brasileiras's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Telecomunicacoes Brasileiras was 0.01. The lowest was 0.01. And the median was 0.01.


Telecomunicacoes Brasileiras E10 Historical Data

The historical data trend for Telecomunicacoes Brasileiras'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.

Telecomunicacoes Brasileiras E10 Chart

Telecomunicacoes Brasileiras 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 -71,321.20 -70,199.60 -67,307.60 -70,205.30 -74,242.80

Telecomunicacoes Brasileiras Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 -74,033.80 -73,053.10 -74,242.80 -73,854.00 -74,870.80

Competitive Comparison of Telecomunicacoes Brasileiras's E10

For the Telecom Services subindustry, Telecomunicacoes Brasileiras'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.


Telecomunicacoes Brasileiras's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecomunicacoes Brasileiras's Shiller PE Ratio distribution charts can be found below:

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



Telecomunicacoes Brasileiras 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, Telecomunicacoes Brasileiras's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-1.343/155.4635*155.4635
=-1.343

Current CPI (Sep. 2023) = 155.4635.

Telecomunicacoes Brasileiras Quarterly Data

per share eps CPI Adj_EPS
201212 0.357 83.581 0.664
201312 0.000 88.522 0.000
201403 -4.967 90.447 -8.537
201406 -3.147 91.838 -5.327
201409 2.774 92.602 4.657
201412 -5.505 94.194 -9.086
201503 -5.207 97.799 -8.277
201506 -4.730 100.006 -7.353
201509 -4.003 101.392 -6.138
201512 -4.657 104.247 -6.945
201603 -5.738 106.979 -8.339
201606 -5.699 108.851 -8.139
201609 -516,381.000 109.986 -729,895.847
201612 -3.773 110.802 -5.294
201703 -1.221 111.869 -1.697
201706 -1.893 112.115 -2.625
201709 -1.077 112.777 -1.485
201712 -2.135 114.068 -2.910
201803 -1.231 114.868 -1.666
201806 -1.205 117.038 -1.601
201809 -2.045 117.881 -2.697
201812 0.064 118.340 0.084
201903 -2.342 120.124 -3.031
201906 -1.833 120.977 -2.356
201909 -1.736 121.292 -2.225
201912 2.030 123.436 2.557
202003 -0.448 124.092 -0.561
202006 -0.462 123.557 -0.581
202009 -0.237 125.095 -0.295
202012 -0.491 129.012 -0.592
202103 -0.844 131.660 -0.997
202106 -0.041 133.871 -0.048
202109 -0.733 137.913 -0.826
202112 0.261 141.992 0.286
202203 -1.117 146.537 -1.185
202206 -0.474 149.784 -0.492
202209 -0.545 147.800 -0.573
202212 0.400 150.207 0.414
202303 0.218 153.352 0.221
202309 -1.343 155.464 -1.343

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


Telecomunicacoes Brasileiras  (BSP:TELB3) 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.

During the past 13 years, the highest Shiller P/E Ratio of Telecomunicacoes Brasileiras was 0.01. The lowest was 0.01. And the median was 0.01.


Be Aware

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


Telecomunicacoes Brasileiras E10 Related Terms

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


Telecomunicacoes Brasileiras (BSP:TELB3) Business Description

Traded in Other Exchanges
Address
Commercial Sector South - Quadra 09 - Bloco B, Rooms 301-405, Building Corporate Park City - Tower B, Brasilia, DF, BRA, 70308200
Telecomunicacoes Brasileiras SA is a Brazil-based company. Along with its subsidiaries, the firm offers telecommunication services in the areas of fixed line and mobile communication and internet access services. Its product portfolio includes IP (Internet Protocol) Telebras, Telebras Point-to-Point, and Telebras MPLS (Multiprotocol Label Switching) Network. The company also provides broadband services and infrastructure support services.

Telecomunicacoes Brasileiras (BSP:TELB3) Headlines

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