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Urbana (TSX:URB.A) E10 : C$0.81 (As of Mar. 2024)


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What is Urbana 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.

Urbana's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.990. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Urbana's average E10 Growth Rate was 35.00% per year. During the past 3 years, the average E10 Growth Rate was 40.40% per year. During the past 5 years, the average E10 Growth Rate was 30.30% 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 Urbana was 48.50% per year. The lowest was -24.00% per year. And the median was 19.90% per year.

As of today (2024-05-24), Urbana's current stock price is C$4.72. Urbana's E10 for the quarter that ended in Mar. 2024 was C$0.81. Urbana's Shiller PE Ratio of today is 5.83.

During the past 13 years, the highest Shiller PE Ratio of Urbana was 30.00. The lowest was 5.24. And the median was 6.97.


Urbana E10 Historical Data

The historical data trend for Urbana'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.

Urbana E10 Chart

Urbana 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 0.18 0.26 0.57 0.59 0.72

Urbana 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 0.60 0.58 0.72 0.72 0.81

Competitive Comparison of Urbana's E10

For the Asset Management subindustry, Urbana'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.


Urbana's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Urbana 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, Urbana'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)
=0.99/126.2576*126.2576
=0.990

Current CPI (Mar. 2024) = 126.2576.

Urbana Quarterly Data

per share eps CPI Adj_EPS
201406 0.000 99.473 0.000
201409 0.140 99.394 0.178
201412 0.210 98.367 0.270
201503 0.090 99.789 0.114
201506 0.070 100.500 0.088
201509 -0.090 100.421 -0.113
201512 0.120 99.947 0.152
201603 -0.150 101.054 -0.187
201606 0.320 102.002 0.396
201609 0.200 101.765 0.248
201612 0.650 101.449 0.809
201703 0.210 102.634 0.258
201706 0.040 103.029 0.049
201709 0.080 103.345 0.098
201712 0.240 103.345 0.293
201803 -0.290 105.004 -0.349
201806 -0.070 105.557 -0.084
201809 -0.110 105.636 -0.131
201812 -0.310 105.399 -0.371
201903 0.246 106.979 0.290
201906 0.190 107.690 0.223
201909 0.310 107.611 0.364
201912 0.280 107.769 0.328
202003 -0.920 107.927 -1.076
202006 0.630 108.401 0.734
202009 0.060 108.164 0.070
202012 0.500 108.559 0.582
202103 0.430 110.298 0.492
202106 0.570 111.720 0.644
202109 0.240 112.905 0.268
202112 0.120 113.774 0.133
202203 0.720 117.646 0.773
202206 -0.710 120.806 -0.742
202209 0.030 120.648 0.031
202212 0.390 120.964 0.407
202303 0.130 122.702 0.134
202306 -0.040 124.203 -0.041
202309 1.340 125.230 1.351
202312 0.250 125.072 0.252
202403 0.990 126.258 0.990

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


Urbana  (TSX:URB.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.

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

Shiller PE Ratio=Share Price/E10
=4.72/0.81
=5.83

* 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 Urbana was 30.00. The lowest was 5.24. And the median was 6.97.


Be Aware

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


Urbana E10 Related Terms

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


Urbana (TSX:URB.A) Business Description

Address
150 King Street West, Suite 1702, P.O. Box 47, Toronto, ON, CAN, M5H 1J9
Urbana Corp is an investment company. It invests in the financial service sector, from exchanges to banks to broker-dealers and investment managers. The business objectives and strategies of the company are to seek out, and invest in, private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. The Company has a single operating segment which is managing company investments.

Urbana (TSX:URB.A) Headlines

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