GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Suzano SA (NYSE:SUZ) » Definitions » E10

Suzano (Suzano) E10 : $0.58 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Suzano 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.

Suzano's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.034. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Suzano's average E10 Growth Rate was 37.40% 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 Suzano was 54.00% per year. The lowest was 54.00% per year. And the median was 54.00% per year.

As of today (2024-06-09), Suzano's current stock price is $9.17. Suzano's E10 for the quarter that ended in Mar. 2024 was $0.58. Suzano's Shiller PE Ratio of today is 15.81.

During the past 13 years, the highest Shiller PE Ratio of Suzano was 95.37. The lowest was 16.78. And the median was 39.11.


Suzano E10 Historical Data

The historical data trend for Suzano'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.

Suzano E10 Chart

Suzano 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 0.11 -0.14 -0.03 0.32 0.59

Suzano 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 0.42 0.53 0.49 0.59 0.58

Competitive Comparison of Suzano's E10

For the Paper & Paper Products subindustry, Suzano'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.


Suzano's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Suzano's Shiller PE Ratio distribution charts can be found below:

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



Suzano 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, Suzano'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)
=0.034/159.3724*159.3724
=0.034

Current CPI (Mar. 2024) = 159.3724.

Suzano Quarterly Data

per share eps CPI Adj_EPS
201406 0.037 91.838 0.064
201409 -0.134 92.602 -0.231
201412 -0.064 94.194 -0.108
201503 -0.209 97.799 -0.341
201506 0.135 100.006 0.215
201509 -0.212 101.392 -0.333
201512 0.076 104.247 0.116
201603 0.261 106.979 0.389
201606 0.521 108.851 0.763
201609 0.014 109.986 0.020
201612 -0.088 110.802 -0.127
201703 0.132 111.869 0.188
201706 0.055 112.115 0.078
201709 0.234 112.777 0.331
201712 0.103 114.068 0.144
201803 0.225 114.868 0.312
201806 -0.446 117.038 -0.607
201809 -0.024 117.881 -0.032
201812 0.344 118.340 0.463
201903 -0.244 120.124 -0.324
201906 0.135 120.977 0.178
201909 -0.623 121.292 -0.819
201912 0.212 123.436 0.274
202003 -2.036 124.092 -2.615
202006 -0.294 123.557 -0.379
202009 -0.159 125.095 -0.203
202012 0.852 129.012 1.052
202103 -0.363 131.660 -0.439
202106 1.479 133.871 1.761
202109 -0.135 137.913 -0.156
202112 0.303 141.992 0.340
202203 1.534 146.537 1.668
202206 0.026 149.784 0.028
202209 0.788 147.800 0.850
202212 1.086 150.207 1.152
202303 0.762 153.352 0.792
202306 0.804 154.519 0.829
202309 -0.115 155.464 -0.118
202312 0.712 157.148 0.722
202403 0.034 159.372 0.034

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


Suzano  (NYSE:SUZ) 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.

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

Shiller PE Ratio=Share Price/E10
=9.17/0.58
=15.81

* 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 Suzano was 95.37. The lowest was 16.78. And the median was 39.11.


Be Aware

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


Suzano E10 Related Terms

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


Suzano (Suzano) Business Description

Traded in Other Exchanges
Address
Avenida Professor Magalhaes Neto, No. 1,752, 10th Floor, Rooms 1010 and 1011, Salvador, BA, BRA, 41810-011
Suzano SA produces and sells pulp and a variety of paper products. The company organizes itself into two segments based on product type: Pulp and Paper. The Pulp segment generates the majority of revenue. The firm's product portfolio includes printing and writing paper, paperboard, diapers, and sanitary napkins. The company owns forest land and plants in Brazil, where it harvests timber and turns the timber into pulp and paper in its plants. More revenue comes from Europe than any other geographic area.

Suzano (Suzano) Headlines