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Creades AB (OSTO:CRED A) E10 : kr7.24 (As of Mar. 2024)


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What is Creades 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.

Creades AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr7.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Creades AB's average E10 Growth Rate was -4.50% 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.

As of today (2024-06-09), Creades AB's current stock price is kr73.30. Creades AB's E10 for the quarter that ended in Mar. 2024 was kr7.24. Creades AB's Shiller PE Ratio of today is 10.12.

During the past 13 years, the highest Shiller PE Ratio of Creades AB was 17.26. The lowest was 8.25. And the median was 11.05.


Creades AB E10 Historical Data

The historical data trend for Creades 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.

Creades AB E10 Chart

Creades 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 - - 9.36 7.40 7.57

Creades 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 7.58 7.55 6.75 7.57 7.24

Competitive Comparison of Creades AB's E10

For the Asset Management subindustry, Creades 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.


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

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

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



Creades 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, Creades 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)
=-0.29/132.2054*132.2054
=-0.290

Current CPI (Mar. 2024) = 132.2054.

Creades AB Quarterly Data

per share eps CPI Adj_EPS
201406 1.027 100.432 1.352
201409 -1.578 100.161 -2.083
201412 0.920 100.225 1.214
201503 2.351 99.950 3.110
201506 -0.007 99.995 -0.009
201509 0.272 100.228 0.359
201512 1.358 100.276 1.790
201603 0.057 100.751 0.075
201606 -0.866 101.019 -1.133
201609 2.295 101.138 3.000
201612 0.984 102.022 1.275
201703 0.019 102.022 0.025
201706 2.725 102.752 3.506
201709 0.202 103.279 0.259
201712 -0.985 103.793 -1.255
201803 2.290 103.962 2.912
201806 1.358 104.875 1.712
201809 -0.446 105.679 -0.558
201812 1.049 105.912 1.309
201903 2.449 105.886 3.058
201906 1.422 106.742 1.761
201909 1.163 107.214 1.434
201912 3.674 107.766 4.507
202003 -2.702 106.563 -3.352
202006 10.593 107.498 13.028
202009 8.931 107.635 10.970
202012 12.438 108.296 15.184
202103 10.030 108.360 12.237
202106 3.830 108.928 4.648
202109 7.500 110.338 8.986
202112 10.670 112.486 12.541
202203 -15.960 114.825 -18.376
202206 -15.190 118.384 -16.963
202209 -4.090 122.296 -4.421
202212 6.160 126.365 6.445
202303 3.650 127.042 3.798
202306 -2.200 129.407 -2.248
202309 -6.090 130.224 -6.183
202312 8.760 131.912 8.779
202403 -0.290 132.205 -0.290

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


Creades AB  (OSTO:CRED A) 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.

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

Shiller PE Ratio=Share Price/E10
=73.30/7.24
=10.12

* 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 Creades AB was 17.26. The lowest was 8.25. And the median was 11.05.


Be Aware

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


Creades AB E10 Related Terms

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


Creades AB (OSTO:CRED A) Business Description

Traded in Other Exchanges
Address
Box 55900, Stockholm, SWE, 10216
Creades AB is a Sweden based investment company. It invests in small and medium-sized public and private companies that both have the potential for revaluation and the potential for underlying value creation. The company's principal investment strategy is to act as an engaged owner and create shareholder value through operational, structural and financial change initiatives.

Creades AB (OSTO:CRED A) Headlines

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