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Pandox AB (OSTO:PNDX B) E10 : kr13.13 (As of Mar. 2024)


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What is Pandox 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.

Pandox AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr2.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr13.13 for the trailing ten years ended in Mar. 2024.

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 (2024-06-08), Pandox AB's current stock price is kr187.60. Pandox AB's E10 for the quarter that ended in Mar. 2024 was kr13.13. Pandox AB's Shiller PE Ratio of today is 14.29.

During the past 13 years, the highest Shiller PE Ratio of Pandox AB was 14.44. The lowest was 7.56. And the median was 10.22.


Pandox AB E10 Historical Data

The historical data trend for Pandox 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.

Pandox AB E10 Chart

Pandox 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 - - - - 13.17

Pandox 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 - 13.97 13.95 13.17 13.13

Competitive Comparison of Pandox AB's E10

For the Real Estate Services subindustry, Pandox 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.


Pandox AB's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pandox AB's Shiller PE Ratio distribution charts can be found below:

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



Pandox 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, Pandox 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)
=2.43/132.2054*132.2054
=2.430

Current CPI (Mar. 2024) = 132.2054.

Pandox AB Quarterly Data

per share eps CPI Adj_EPS
201406 3.580 100.432 4.713
201409 1.600 100.161 2.112
201412 0.830 100.225 1.095
201503 2.490 99.950 3.294
201506 4.340 99.995 5.738
201509 2.830 100.228 3.733
201512 4.540 100.276 5.986
201603 2.490 100.751 3.267
201606 3.140 101.019 4.109
201609 3.930 101.138 5.137
201612 5.090 102.022 6.596
201703 3.310 102.022 4.289
201706 5.610 102.752 7.218
201709 3.470 103.279 4.442
201712 7.500 103.793 9.553
201803 2.690 103.962 3.421
201806 4.530 104.875 5.711
201809 4.980 105.679 6.230
201812 4.630 105.912 5.779
201903 2.430 105.886 3.034
201906 4.530 106.742 5.611
201909 1.450 107.214 1.788
201912 7.500 107.766 9.201
202003 -3.630 106.563 -4.504
202006 -1.790 107.498 -2.201
202009 -0.560 107.635 -0.688
202012 -1.630 108.296 -1.990
202103 0.220 108.360 0.268
202106 -0.040 108.928 -0.049
202109 1.730 110.338 2.073
202112 1.410 112.486 1.657
202203 5.670 114.825 6.528
202206 7.450 118.384 8.320
202209 9.160 122.296 9.902
202212 0.660 126.365 0.691
202303 -1.170 127.042 -1.218
202306 1.560 129.407 1.594
202309 2.480 130.224 2.518
202312 -6.050 131.912 -6.063
202403 2.430 132.205 2.430

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


Pandox AB  (OSTO:PNDX 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.

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

Shiller PE Ratio=Share Price/E10
=187.60/13.13
=14.29

* 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 Pandox AB was 14.44. The lowest was 7.56. And the median was 10.22.


Be Aware

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


Pandox AB E10 Related Terms

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


Pandox AB (OSTO:PNDX B) Business Description

Traded in Other Exchanges
Address
Vasagatan 11, 9th floor, Box 15, Stockholm, SWE, SE-101 20
Pandox AB is an owner of hotel properties. The company organizes operations into two segments: Property Management and Operator Activities. The main segment is Property Management, where Pandox owns and leases hotel properties to hotel operators. In Operator Activities, Pandox both owns hotel properties and runs the hotel operations. The company is active in various countries in Northern Europe.

Pandox AB (OSTO:PNDX B) Headlines

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