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Tarczynski (WAR:TAR) E10 : zł6.57 (As of Mar. 2024)


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What is Tarczynski 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.

Tarczynski's adjusted earnings per share data for the three months ended in Mar. 2024 was zł3.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł6.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tarczynski's average E10 Growth Rate was 35.70% 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.

As of today (2024-06-07), Tarczynski's current stock price is zł88.60. Tarczynski's E10 for the quarter that ended in Mar. 2024 was zł6.57. Tarczynski's Shiller PE Ratio of today is 13.49.

During the past 13 years, the highest Shiller PE Ratio of Tarczynski was 15.83. The lowest was 7.64. And the median was 9.77.


Tarczynski E10 Historical Data

The historical data trend for Tarczynski'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.

Tarczynski E10 Chart

Tarczynski 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 - - 3.23 4.60 6.18

Tarczynski 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 4.84 5.04 5.38 6.18 6.57

Competitive Comparison of Tarczynski's E10

For the Packaged Foods subindustry, Tarczynski'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.


Tarczynski's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tarczynski's Shiller PE Ratio distribution charts can be found below:

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



Tarczynski 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, Tarczynski'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)
=3.7/149.0435*149.0435
=3.700

Current CPI (Mar. 2024) = 149.0435.

Tarczynski Quarterly Data

per share eps CPI Adj_EPS
201406 0.080 101.180 0.118
201409 0.390 100.611 0.578
201412 0.340 100.122 0.506
201503 0.470 100.041 0.700
201506 0.350 100.448 0.519
201509 0.610 99.634 0.913
201512 0.340 99.471 0.509
201603 0.280 98.983 0.422
201606 0.260 99.552 0.389
201609 0.290 99.064 0.436
201612 0.040 100.366 0.059
201703 0.210 101.018 0.310
201706 0.200 101.180 0.295
201709 0.830 101.343 1.221
201712 0.830 102.564 1.206
201803 0.490 102.564 0.712
201806 -0.740 103.378 -1.067
201809 1.220 103.378 1.759
201812 1.290 103.785 1.853
201903 0.640 104.274 0.915
201906 0.110 105.983 0.155
201909 1.160 105.983 1.631
201912 0.570 107.123 0.793
202003 0.550 109.076 0.752
202006 0.930 109.402 1.267
202009 3.090 109.320 4.213
202012 3.480 109.565 4.734
202103 2.850 112.658 3.770
202106 1.120 113.960 1.465
202109 2.480 115.588 3.198
202112 1.980 119.088 2.478
202203 1.550 125.031 1.848
202206 2.730 131.705 3.089
202209 3.970 135.531 4.366
202212 1.520 139.113 1.629
202303 0.510 145.950 0.521
202306 1.970 147.009 1.997
202309 3.970 146.113 4.050
202312 7.640 147.741 7.707
202403 3.700 149.044 3.700

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


Tarczynski  (WAR:TAR) 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.

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

Shiller PE Ratio=Share Price/E10
=88.60/6.57
=13.49

* 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 Tarczynski was 15.83. The lowest was 7.64. And the median was 9.77.


Be Aware

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


Tarczynski E10 Related Terms

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


Tarczynski (WAR:TAR) Business Description

Traded in Other Exchanges
N/A
Address
Ujezdziec Maly 80, Trzebnica, POL, 55-100
Tarczynski SA is a producer of meat products. It offers cold meat, smoked meat, fillet cold meat, thick and thin sausages, jars, poultry cold cuts, gryzzale poultry products, maturing meat, turkey meat and extra dry sausages, roasted chicken, dry and semi-dry sausages.

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