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Europris ASA (FRA:2RG) E10 : €0.35 (As of Mar. 2024)


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What is Europris ASA 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.

Europris ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.025. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.35 for the trailing ten years ended in Mar. 2024.

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 (2024-06-10), Europris ASA's current stock price is €6.06. Europris ASA's E10 for the quarter that ended in Mar. 2024 was €0.35. Europris ASA's Shiller PE Ratio of today is 17.31.

During the past 13 years, the highest Shiller PE Ratio of Europris ASA was 20.74. The lowest was 15.90. And the median was 18.13.


Europris ASA E10 Historical Data

The historical data trend for Europris ASA'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.

Europris ASA E10 Chart

Europris ASA 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 - - - - 0.35

Europris ASA 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 - 0.32 0.32 0.35 0.35

Competitive Comparison of Europris ASA's E10

For the Discount Stores subindustry, Europris ASA'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.


Europris ASA's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Europris ASA's Shiller PE Ratio distribution charts can be found below:

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



Europris ASA 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, Europris ASA'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)
=0.025/132.6000*132.6000
=0.025

Current CPI (Mar. 2024) = 132.6000.

Europris ASA Quarterly Data

per share eps CPI Adj_EPS
201406 0.024 97.500 0.033
201409 0.015 98.500 0.020
201412 0.055 98.600 0.074
201503 0.004 99.200 0.005
201506 0.007 100.100 0.009
201509 0.048 100.600 0.063
201512 0.091 100.900 0.120
201603 0.006 102.500 0.008
201606 0.081 103.800 0.103
201609 0.045 104.200 0.057
201612 0.139 104.400 0.177
201703 -0.001 105.000 -0.001
201706 0.081 105.800 0.102
201709 0.041 105.900 0.051
201712 0.119 106.100 0.149
201803 0.005 107.300 0.006
201806 0.086 108.500 0.105
201809 0.038 109.500 0.046
201812 0.141 109.800 0.170
201903 -0.015 110.400 -0.018
201906 0.065 110.600 0.078
201909 0.053 111.100 0.063
201912 0.127 111.300 0.151
202003 0.000 111.200 0.000
202006 0.139 112.100 0.164
202009 0.107 112.900 0.126
202012 0.210 112.900 0.247
202103 0.064 114.600 0.074
202106 0.173 115.300 0.199
202109 0.125 117.500 0.141
202112 0.301 118.900 0.336
202203 0.057 119.800 0.063
202206 0.196 122.600 0.212
202209 0.114 125.600 0.120
202212 0.249 125.900 0.262
202303 0.039 127.600 0.041
202306 0.138 130.400 0.140
202309 0.078 129.800 0.080
202312 0.234 131.900 0.235
202403 0.025 132.600 0.025

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


Europris ASA  (FRA:2RG) 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.

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

Shiller PE Ratio=Share Price/E10
=6.06/0.35
=17.31

* 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 Europris ASA was 20.74. The lowest was 15.90. And the median was 18.13.


Be Aware

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


Europris ASA E10 Related Terms

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


Europris ASA (FRA:2RG) Business Description

Traded in Other Exchanges
Address
Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661
Europris ASA is a Norwegian discount store company. The company has a singular business segment operating as a discount store chain that sells private-label and branded merchandise. The Europris group as a whole is defined and identified as one operating segment. Europris ASA sells a variety of items in product categories including home and kitchen, groceries, house and garden, clothes and shoes, candy and chocolate, personal care, electronics, laundry, pet, and hobby and office products. Additionally, it sells travel, leisure, and sports-related goods. The firm owns a portion of Runsvengruppen AB, which owns Swedish discount store chain OoB. The company generates the vast majority of its revenue in Norway.

Europris ASA (FRA:2RG) Headlines

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