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GRAVITY Co (STU:GD8A) E10 : €4.48 (As of Mar. 2024)


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What is GRAVITY Co 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.

GRAVITY Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €2.671. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GRAVITY Co's average E10 Growth Rate was 50.40% per year. During the past 3 years, the average E10 Growth Rate was 63.50% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of GRAVITY Co was 97.20% per year. The lowest was 22.10% per year. And the median was 69.30% per year.

As of today (2024-06-01), GRAVITY Co's current stock price is €69.50. GRAVITY Co's E10 for the quarter that ended in Mar. 2024 was €4.48. GRAVITY Co's Shiller PE Ratio of today is 15.51.

During the past 13 years, the highest Shiller PE Ratio of GRAVITY Co was 541.18. The lowest was 6.75. And the median was 37.68.


GRAVITY Co E10 Historical Data

The historical data trend for GRAVITY Co'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.

GRAVITY Co E10 Chart

GRAVITY Co 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 0.34 0.95 1.60 2.79 4.32

GRAVITY Co 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 3.13 3.72 4.18 4.32 4.48

Competitive Comparison of GRAVITY Co's E10

For the Electronic Gaming & Multimedia subindustry, GRAVITY Co'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.


GRAVITY Co's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GRAVITY Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where GRAVITY Co's Shiller PE Ratio falls into.



GRAVITY Co 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, GRAVITY Co'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)
=2.671/118.8477*118.8477
=2.671

Current CPI (Mar. 2024) = 118.8477.

GRAVITY Co Quarterly Data

per share eps CPI Adj_EPS
201406 -0.315 99.353 -0.377
201409 -0.327 99.608 -0.390
201412 -1.256 99.098 -1.506
201503 -0.314 99.720 -0.374
201506 -0.319 100.050 -0.379
201509 -0.266 100.110 -0.316
201512 -1.029 100.220 -1.220
201603 -0.186 100.560 -0.220
201606 -0.176 100.790 -0.208
201609 0.357 101.460 0.418
201612 0.054 101.560 0.063
201703 0.257 102.850 0.297
201706 0.403 102.610 0.467
201709 0.288 103.490 0.331
201712 0.550 102.990 0.635
201803 0.387 104.100 0.442
201806 0.745 104.130 0.850
201809 0.695 105.650 0.782
201812 1.687 104.350 1.921
201903 2.224 104.490 2.530
201906 1.178 104.880 1.335
201909 0.979 105.200 1.106
201912 0.034 105.120 0.038
202003 0.990 105.540 1.115
202006 1.386 104.870 1.571
202009 2.624 106.200 2.937
202012 1.629 105.765 1.830
202103 2.520 107.357 2.790
202106 1.571 107.579 1.736
202109 2.748 108.759 3.003
202112 0.136 109.676 0.147
202203 1.759 111.806 1.870
202206 1.861 114.083 1.939
202209 1.673 114.831 1.732
202212 3.486 115.200 3.596
202303 3.753 116.550 3.827
202306 4.609 117.140 4.676
202309 2.927 119.111 2.921
202312 2.183 118.848 2.183
202403 2.671 118.848 2.671

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


GRAVITY Co  (STU:GD8A) 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.

GRAVITY Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=69.50/4.48
=15.51

* 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 GRAVITY Co was 541.18. The lowest was 6.75. And the median was 37.68.


Be Aware

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


GRAVITY Co E10 Related Terms

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


GRAVITY Co (STU:GD8A) Business Description

Traded in Other Exchanges
Address
15th Floor, 396 World Cup buk-ro, Mapo-gu, Seoul, KOR, 03925
GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. Its principal product, Ragnarok Online, is an online game which is available in more than 91 markets. Its games include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation.

GRAVITY Co (STU:GD8A) Headlines

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