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Vestum AB (OSTO:VESTUM) E10 : kr-51.79 (As of Mar. 2024)


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What is Vestum 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.

Vestum AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-0.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-51.79 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 31.40% per year. During the past 5 years, the average E10 Growth Rate was 0.60% 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 Vestum AB was 31.40% per year. The lowest was -37.90% per year. And the median was -12.50% per year.

As of today (2024-06-10), Vestum AB's current stock price is kr10.06. Vestum AB's E10 for the quarter that ended in Mar. 2024 was kr-51.79. Vestum AB's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Vestum AB was 19.20. The lowest was 0.00. And the median was 15.53.


Vestum AB E10 Historical Data

The historical data trend for Vestum 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.

Vestum AB E10 Chart

Vestum 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 -125.29 -179.95 -200.74 -178.38 -58.09

Vestum 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 -173.67 -148.21 -140.79 -58.09 -51.79

Competitive Comparison of Vestum AB's E10

For the Engineering & Construction subindustry, Vestum 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.


Vestum AB's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Vestum AB's Shiller PE Ratio distribution charts can be found below:

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



Vestum 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, Vestum 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)
=-0.43/132.2054*132.2054
=-0.430

Current CPI (Mar. 2024) = 132.2054.

Vestum AB Quarterly Data

per share eps CPI Adj_EPS
201406 -83.287 100.432 -109.636
201409 -19.470 100.161 -25.699
201412 -35.695 100.225 -47.085
201503 1.082 99.950 1.431
201506 -42.184 99.995 -55.772
201509 -4.327 100.228 -5.708
201512 -65.981 100.276 -86.991
201603 -17.306 100.751 -22.709
201606 -19.470 101.019 -25.481
201609 -13.333 101.138 -17.429
201612 -39.865 102.022 -51.659
201703 -13.333 102.022 -17.278
201706 -14.444 102.752 -18.584
201709 -5.556 103.279 -7.112
201712 -13.333 103.793 -16.983
201803 -3.817 103.962 -4.854
201806 5.556 104.875 7.004
201809 -1.667 105.679 -2.085
201812 -5.000 105.912 -6.241
201903 -0.347 105.886 -0.433
201906 -1.667 106.742 -2.065
201909 -0.157 107.214 -0.194
201912 -0.545 107.766 -0.669
202003 -0.113 106.563 -0.140
202006 -0.190 107.498 -0.234
202009 -0.120 107.635 -0.147
202012 -0.113 108.296 -0.138
202103 -0.020 108.360 -0.024
202106 -0.007 108.928 -0.008
202109 0.040 110.338 0.048
202112 -0.014 112.486 -0.016
202203 -0.100 114.825 -0.115
202206 0.170 118.384 0.190
202209 0.200 122.296 0.216
202212 0.107 126.365 0.112
202303 0.020 127.042 0.021
202306 0.130 129.407 0.133
202309 -0.110 130.224 -0.112
202312 -1.030 131.912 -1.032
202403 -0.430 132.205 -0.430

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


Vestum AB  (OSTO:VESTUM) 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 Vestum AB was 19.20. The lowest was 0.00. And the median was 15.53.


Be Aware

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


Vestum AB E10 Related Terms

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


Vestum AB (OSTO:VESTUM) Business Description

Traded in Other Exchanges
Address
Riddargatan 10, Stockholm, SWE, 114 35
Vestum AB is an acquisition-driven group that acquires and develops companies in construction, and infrastructure industries within the segments Water, Services and Infrastructure. The segment Water includes companies with a focus on improving the service sector for water infrastructure, Service segment includes companies that provide various services for the construction services industry, and Infra segment includes companies that work in areas such as civil engineering, water & sewage, roads, bridges, etc. Infra segment contributes majorily to the revenue of the company.

Vestum AB (OSTO:VESTUM) Headlines

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