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Ascencio (XBRU:ASCE) E10 : €6.74 (As of Dec. 2023)


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What is Ascencio 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.

Ascencio's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.74 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ascencio's average E10 Growth Rate was -2.50% 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.

As of today (2024-05-26), Ascencio's current stock price is €48.60. Ascencio's E10 for the quarter that ended in Dec. 2023 was €6.74. Ascencio's Shiller PE Ratio of today is 7.21.

During the past 13 years, the highest Shiller PE Ratio of Ascencio was 10.29. The lowest was 5.76. And the median was 7.87.


Ascencio E10 Historical Data

The historical data trend for Ascencio'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.

Ascencio E10 Chart

Ascencio Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.20 6.98 6.98

Ascencio Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.91 7.29 6.99 6.98 6.74

Competitive Comparison of Ascencio's E10

For the REIT - Retail subindustry, Ascencio'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.


Ascencio's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ascencio's Shiller PE Ratio distribution charts can be found below:

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



Ascencio 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, Ascencio's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.91/128.2922*128.2922
=-0.910

Current CPI (Dec. 2023) = 128.2922.

Ascencio Quarterly Data

per share eps CPI Adj_EPS
201309 1.988 99.314 2.568
201403 1.550 99.819 1.992
201409 1.210 99.195 1.565
201412 0.800 99.086 1.036
201503 0.790 99.423 1.019
201506 1.460 100.107 1.871
201509 0.594 100.245 0.760
201512 3.470 100.572 4.426
201603 1.040 101.653 1.313
201606 0.880 102.267 1.104
201609 0.920 102.118 1.156
201612 1.850 102.614 2.313
201703 2.240 103.972 2.764
201706 1.340 103.902 1.655
201709 0.909 104.170 1.119
201712 1.620 104.804 1.983
201803 1.080 105.419 1.314
201806 1.170 106.063 1.415
201809 1.290 106.618 1.552
201812 1.110 107.252 1.328
201903 0.650 107.876 0.773
201906 0.865 107.896 1.029
201909 0.607 107.470 0.725
201912 1.900 108.065 2.256
202003 -1.090 108.550 -1.288
202006 -0.483 108.540 -0.571
202009 1.070 108.441 1.266
202012 0.910 108.511 1.076
202103 1.990 109.522 2.331
202106 1.630 110.305 1.896
202109 2.386 111.543 2.744
202112 1.770 114.705 1.980
202203 6.660 118.620 7.203
202206 4.206 120.948 4.461
202209 2.870 124.120 2.966
202212 2.110 126.578 2.139
202303 3.370 126.528 3.417
202306 -0.443 125.973 -0.451
202309 0.086 127.083 0.087
202312 -0.910 128.292 -0.910

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


Ascencio  (XBRU:ASCE) 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.

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

Shiller PE Ratio=Share Price/E10
=48.60/6.74
=7.21

* 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 Ascencio was 10.29. The lowest was 5.76. And the median was 7.87.


Be Aware

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


Ascencio E10 Related Terms

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


Ascencio (XBRU:ASCE) Business Description

Traded in Other Exchanges
Address
Avenue Jean Mermoz 1, Building H - Box 4, Charleroi, Gosselies, BEL, B-6041
Ascencio operates as a real estate investment trust in Belgium, Spain, and France. The company has a portfolio of primarily retail properties. Its operating segments include Belgium, Spain, and France.

Ascencio (XBRU:ASCE) Headlines

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