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Metrovacesa (Metrovacesa) E10 : $-0.40 (As of Jun. 2023)


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What is Metrovacesa 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.

Metrovacesa's adjusted earnings per share data for the three months ended in Jun. 2023 was $-0.226. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.40 for the trailing ten years ended in Jun. 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 (2024-05-15), Metrovacesa's current stock price is $6.88. Metrovacesa's E10 for the quarter that ended in Jun. 2023 was $-0.40. Metrovacesa's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Metrovacesa was 15.14. The lowest was 11.96. And the median was 12.98.


Metrovacesa E10 Historical Data

The historical data trend for Metrovacesa'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.

Metrovacesa E10 Chart

Metrovacesa Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.51 -2.32 -

Metrovacesa Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -2.60 -2.32 -0.39 -0.40 -

Competitive Comparison of Metrovacesa's E10

For the Residential Construction subindustry, Metrovacesa'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.


Metrovacesa's Shiller PE Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Metrovacesa's Shiller PE Ratio distribution charts can be found below:

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



Metrovacesa 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, Metrovacesa's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.226/120.2784*120.2784
=-0.226

Current CPI (Jun. 2023) = 120.2784.

Metrovacesa Quarterly Data

per share eps CPI Adj_EPS
201006 -0.122 94.114 -0.156
201009 -4.826 93.993 -6.176
201012 3.399 95.953 4.261
201103 0.014 96.085 0.018
201106 0.009 97.111 0.011
201109 -0.043 96.946 -0.053
201112 -0.213 98.235 -0.261
201203 -0.065 97.909 -0.080
201206 -0.130 98.952 -0.158
201209 -0.055 100.254 -0.066
201212 -0.157 101.052 -0.187
201303 -0.023 100.284 -0.028
201512 0.000 100.268 0.000
201609 0.000 99.737 0.000
201612 -0.007 101.842 -0.008
201706 0.002 101.848 0.002
201709 -0.007 101.524 -0.008
201712 -0.039 102.975 -0.046
201803 -0.023 102.122 -0.027
201806 -0.042 104.165 -0.048
201809 -0.008 103.818 -0.009
201812 0.001 104.193 0.001
201903 -0.035 103.488 -0.041
201906 0.081 104.612 0.093
201909 -0.044 103.905 -0.051
201912 -0.034 105.015 -0.039
202003 -0.044 103.469 -0.051
202006 -0.520 104.254 -0.600
202009 -0.048 103.521 -0.056
202012 -0.654 104.456 -0.753
202103 -0.017 104.857 -0.020
202106 0.000 107.102 0.000
202109 0.094 107.669 0.105
202112 0.064 111.298 0.069
202203 0.078 115.153 0.081
202206 0.009 118.044 0.009
202209 0.027 117.221 0.028
202212 -0.278 117.650 -0.284
202303 -0.025 118.948 -0.025
202306 -0.226 120.278 -0.226

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


Metrovacesa  (OTCPK:MRVCF) 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 Metrovacesa was 15.14. The lowest was 11.96. And the median was 12.98.


Be Aware

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


Metrovacesa E10 Related Terms

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


Metrovacesa (Metrovacesa) Business Description

Traded in Other Exchanges
Address
Quintanavides street, 13, Parque vía Norte, Madrid, ESP, 28050
Metrovacesa SA is a real estate company. Its operations mainly focus on the development and sale of residential property on land classified as suitable for development. Operating segments is Residential, Commercial and Others. The company earns majority of its revenue through Residential segment. Geographically, it operates majorly in Spain.

Metrovacesa (Metrovacesa) Headlines

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