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Investment Co IC Russ-Invest PJSC (MIC:RUSI) E10 : ₽1.94 (As of Sep. 2023)


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What is Investment Co IC Russ-Invest PJSC 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.

Investment Co IC Russ-Invest PJSC's adjusted earnings per share data for the three months ended in Sep. 2023 was ₽0.872. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₽1.94 for the trailing ten years ended in Sep. 2023.

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), Investment Co IC Russ-Invest PJSC's current stock price is ₽107.00. Investment Co IC Russ-Invest PJSC's E10 for the quarter that ended in Sep. 2023 was ₽1.94. Investment Co IC Russ-Invest PJSC's Shiller PE Ratio of today is 55.15.

During the past 13 years, the highest Shiller PE Ratio of Investment Co IC Russ-Invest PJSC was 102.32. The lowest was 12.99. And the median was 47.68.


Investment Co IC Russ-Invest PJSC E10 Historical Data

The historical data trend for Investment Co IC Russ-Invest PJSC'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.

Investment Co IC Russ-Invest PJSC E10 Chart

Investment Co IC Russ-Invest PJSC 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 - - - - 3.91

Investment Co IC Russ-Invest PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -61.73 3.91 1.59 1.87 1.94

Competitive Comparison of Investment Co IC Russ-Invest PJSC's E10

For the Capital Markets subindustry, Investment Co IC Russ-Invest PJSC'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.


Investment Co IC Russ-Invest PJSC's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Investment Co IC Russ-Invest PJSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Investment Co IC Russ-Invest PJSC's Shiller PE Ratio falls into.



Investment Co IC Russ-Invest PJSC 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, Investment Co IC Russ-Invest PJSC'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)
=0.872/242.6000*242.6000
=0.872

Current CPI (Sep. 2023) = 242.6000.

Investment Co IC Russ-Invest PJSC Quarterly Data

per share eps CPI Adj_EPS
201203 0.733 111.700 1.592
201206 -0.980 113.600 -2.093
201209 1.493 115.700 3.131
201212 -1.106 117.300 -2.287
201303 -0.453 119.500 -0.920
201306 -0.945 121.400 -1.888
201309 1.932 122.800 3.817
201312 1.257 124.900 2.442
201403 0.034 127.800 0.065
201406 -0.299 130.900 -0.554
201409 2.503 132.700 4.576
201412 1.851 139.000 3.231
201503 0.433 149.400 0.703
201506 0.703 150.900 1.130
201509 3.400 153.500 5.374
201512 2.663 157.000 4.115
201603 -1.343 160.200 -2.034
201606 -2.626 162.200 -3.928
201609 1.599 163.300 2.375
201612 2.024 165.400 2.969
201703 -6.049 167.000 -8.787
201706 0.422 169.200 0.605
201709 0.621 168.200 0.896
201712 2.306 169.600 3.299
201806 1.180 173.100 1.654
201812 0.730 176.800 1.002
201906 -1.410 181.200 -1.888
201912 0.280 182.200 0.373
202006 1.350 187.000 1.751
202012 2.440 191.100 3.098
202106 -1.030 199.100 -1.255
202109 -0.755 201.300 -0.910
202112 -1.493 207.200 -1.748
202203 0.058 227.800 0.062
202206 -9.789 230.800 -10.289
202209 0.086 228.800 0.091
202212 2.715 231.900 2.840
202303 2.817 235.800 2.898
202306 2.977 238.300 3.031
202309 0.872 242.600 0.872

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


Investment Co IC Russ-Invest PJSC  (MIC:RUSI) 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.

Investment Co IC Russ-Invest PJSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=107.00/1.94
=55.15

* 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 Investment Co IC Russ-Invest PJSC was 102.32. The lowest was 12.99. And the median was 47.68.


Be Aware

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


Investment Co IC Russ-Invest PJSC E10 Related Terms

Thank you for viewing the detailed overview of Investment Co IC Russ-Invest PJSC's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Investment Co IC Russ-Invest PJSC (MIC:RUSI) Business Description

Traded in Other Exchanges
N/A
Address
5, bld. 4, Nashchiokinsky Pereulok, Moscow, RUS, 119019
Investment Co IC Russ-Invest PJSC is a diversified investment company. It offers brokerage services; services in the areas of corporate finance; trust management services; private equity and venture capital services. In addition, the company also provides internet trading, financial consulting, sub-broker, custody, and training services.

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