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Betsson AB (OSTO:BETS B) E10 : kr9.48 (As of Mar. 2024)


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What is Betsson AB 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.

Betsson AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr3.404. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr9.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Betsson AB's average E10 Growth Rate was 15.90% per year. During the past 3 years, the average E10 Growth Rate was 15.10% per year. During the past 5 years, the average E10 Growth Rate was 11.90% 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 Betsson AB was 15.10% per year. The lowest was -17.20% per year. And the median was 7.80% per year.

As of today (2024-06-03), Betsson AB's current stock price is kr120.40. Betsson AB's E10 for the quarter that ended in Mar. 2024 was kr9.48. Betsson AB's Shiller PE Ratio of today is 12.70.

During the past 13 years, the highest Shiller PE Ratio of Betsson AB was 16.71. The lowest was 5.51. And the median was 10.43.


Betsson AB E10 Historical Data

The historical data trend for Betsson AB'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.

Betsson AB E10 Chart

Betsson AB 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 5.66 6.09 6.61 7.97 9.28

Betsson AB 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 8.18 8.63 8.96 9.28 9.48

Competitive Comparison of Betsson AB's E10

For the Gambling subindustry, Betsson AB'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.


Betsson AB's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Betsson AB's Shiller PE Ratio distribution charts can be found below:

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



Betsson AB 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, Betsson AB'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)
=3.404/132.2054*132.2054
=3.404

Current CPI (Mar. 2024) = 132.2054.

Betsson AB Quarterly Data

per share eps CPI Adj_EPS
201406 1.264 100.432 1.664
201409 1.401 100.161 1.849
201412 1.643 100.225 2.167
201503 1.609 99.950 2.128
201506 1.466 99.995 1.938
201509 1.771 100.228 2.336
201512 1.282 100.276 1.690
201603 1.773 100.751 2.327
201606 1.051 101.019 1.375
201609 1.830 101.138 2.392
201612 1.807 102.022 2.342
201703 1.548 102.022 2.006
201706 1.349 102.752 1.736
201709 1.352 103.279 1.731
201712 1.316 103.793 1.676
201803 1.343 103.962 1.708
201806 1.929 104.875 2.432
201809 2.220 105.679 2.777
201812 2.297 105.912 2.867
201903 1.668 105.886 2.083
201906 1.250 106.742 1.548
201909 1.307 107.214 1.612
201912 1.575 107.766 1.932
202003 1.637 106.563 2.031
202006 1.399 107.498 1.721
202009 2.198 107.635 2.700
202012 2.262 108.296 2.761
202103 1.729 108.360 2.109
202106 2.428 108.928 2.947
202109 2.136 110.338 2.559
202112 1.404 112.486 1.650
202203 2.739 114.825 3.154
202206 2.264 118.384 2.528
202209 2.592 122.296 2.802
202212 2.858 126.365 2.990
202303 3.087 127.042 3.212
202306 4.276 129.407 4.368
202309 4.141 130.224 4.204
202312 3.356 131.912 3.363
202403 3.404 132.205 3.404

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


Betsson AB  (OSTO:BETS B) 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.

Betsson AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=120.40/9.48
=12.70

* 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 Betsson AB was 16.71. The lowest was 5.51. And the median was 10.43.


Be Aware

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


Betsson AB E10 Related Terms

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


Betsson AB (OSTO:BETS B) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 28, Stockholm, SWE, 111 53
Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

Betsson AB (OSTO:BETS B) Headlines

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