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Bure Equity AB (OSTO:BURE) E10 : kr33.22 (As of Mar. 2024)


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What is Bure Equity 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.

Bure Equity AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr40.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr33.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bure Equity AB's average E10 Growth Rate was 28.30% per year. During the past 3 years, the average E10 Growth Rate was 9.20% per year. During the past 5 years, the average E10 Growth Rate was 15.90% 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 Bure Equity AB was 36.80% per year. The lowest was 6.50% per year. And the median was 18.35% per year.

As of today (2024-06-06), Bure Equity AB's current stock price is kr369.60. Bure Equity AB's E10 for the quarter that ended in Mar. 2024 was kr33.22. Bure Equity AB's Shiller PE Ratio of today is 11.13.

During the past 13 years, the highest Shiller PE Ratio of Bure Equity AB was 17.36. The lowest was 7.07. And the median was 10.76.


Bure Equity AB E10 Historical Data

The historical data trend for Bure Equity 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.

Bure Equity AB E10 Chart

Bure Equity 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 18.94 22.68 32.40 22.91 29.56

Bure Equity 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 25.90 27.28 25.41 29.56 33.22

Competitive Comparison of Bure Equity AB's E10

For the Asset Management subindustry, Bure Equity 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.


Bure Equity AB's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bure Equity AB's Shiller PE Ratio distribution charts can be found below:

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



Bure Equity 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, Bure Equity 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)
=40.24/132.2054*132.2054
=40.240

Current CPI (Mar. 2024) = 132.2054.

Bure Equity AB Quarterly Data

per share eps CPI Adj_EPS
201406 2.340 100.432 3.080
201409 2.680 100.161 3.537
201412 4.550 100.225 6.002
201503 16.110 99.950 21.309
201506 6.080 99.995 8.038
201509 -7.470 100.228 -9.853
201512 26.641 100.276 35.124
201603 -1.090 100.751 -1.430
201606 6.340 101.019 8.297
201609 26.160 101.138 34.196
201612 -14.492 102.022 -18.780
201703 0.190 102.022 0.246
201706 4.300 102.752 5.533
201709 22.390 103.279 28.661
201712 -14.852 103.793 -18.918
201803 7.130 103.962 9.067
201806 9.200 104.875 11.598
201809 -1.940 105.679 -2.427
201812 11.900 105.912 14.854
201903 27.830 105.886 34.747
201906 -9.370 106.742 -11.605
201909 5.330 107.214 6.572
201912 37.490 107.766 45.992
202003 -49.900 106.563 -61.908
202006 50.010 107.498 61.504
202009 34.760 107.635 42.695
202012 9.009 108.296 10.998
202103 -3.590 108.360 -4.380
202106 53.050 108.928 64.387
202109 18.920 110.338 22.670
202112 17.290 112.486 20.321
202203 -89.330 114.825 -102.851
202206 -34.890 118.384 -38.964
202209 -32.940 122.296 -35.609
202212 32.500 126.365 34.002
202303 32.540 127.042 33.863
202306 9.830 129.407 10.043
202309 -18.530 130.224 -18.812
202312 40.030 131.912 40.119
202403 40.240 132.205 40.240

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


Bure Equity AB  (OSTO:BURE) 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.

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

Shiller PE Ratio=Share Price/E10
=369.60/33.22
=11.13

* 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 Bure Equity AB was 17.36. The lowest was 7.07. And the median was 10.76.


Be Aware

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


Bure Equity AB E10 Related Terms

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


Bure Equity AB (OSTO:BURE) Business Description

Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE-114 34
Bure Equity AB is a Sweden-based investment company. The foundation of the company's business model is far-reaching engagement and a strong presence in the portfolio companies. The company specializes in long-term owning, developing, as well as disposing of listed and unlisted operating entities. Bure's objectives are to be a profitable investment for shareholders and to be a competitive investment alternative in the market.

Bure Equity AB (OSTO:BURE) Headlines

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