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Basf SE (Basf SE) E10 : $1.28 (As of Mar. 2024)


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What is Basf SE 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.

Basf SE's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.416. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Basf SE's average E10 Growth Rate was -11.10% per year. During the past 3 years, the average E10 Growth Rate was -4.00% per year. During the past 5 years, the average E10 Growth Rate was -2.60% per year. During the past 10 years, the average E10 Growth Rate was 1.50% 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 Basf SE was 12.30% per year. The lowest was -5.00% per year. And the median was 3.95% per year.

As of today (2024-04-27), Basf SE's current stock price is $13.05. Basf SE's E10 for the quarter that ended in Mar. 2024 was $1.28. Basf SE's Shiller PE Ratio of today is 10.20.

During the past 13 years, the highest Shiller PE Ratio of Basf SE was 20.98. The lowest was 6.71. And the median was 13.14.


Basf SE E10 Historical Data

The historical data trend for Basf SE'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.

Basf SE E10 Chart

Basf SE 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 1.69 1.64 1.55 1.38 1.31

Basf SE 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 1.44 1.43 1.34 1.31 1.28

Competitive Comparison of Basf SE's E10

For the Chemicals subindustry, Basf SE'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.


Basf SE's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Basf SE's Shiller PE Ratio distribution charts can be found below:

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



Basf SE 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, Basf SE'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)
=0.416/123.6675*123.6675
=0.416

Current CPI (Mar. 2024) = 123.6675.

Basf SE Quarterly Data

per share eps CPI Adj_EPS
201406 0.465 99.543 0.578
201409 0.358 99.823 0.444
201412 0.472 99.543 0.586
201503 0.346 99.717 0.429
201506 0.387 100.417 0.477
201509 0.368 100.417 0.453
201512 0.098 99.717 0.122
201603 0.420 100.017 0.519
201606 0.334 100.717 0.410
201609 0.272 101.017 0.333
201612 0.195 101.217 0.238
201703 0.497 101.417 0.606
201706 0.458 102.117 0.555
201709 0.432 102.717 0.520
201712 0.494 102.617 0.595
201803 0.564 102.917 0.678
201806 0.470 104.017 0.559
201809 0.382 104.718 0.451
201812 0.102 104.217 0.121
201903 0.432 104.217 0.513
201906 1.831 105.718 2.142
201909 0.275 106.018 0.321
201912 0.039 105.818 0.046
202003 0.268 105.718 0.314
202006 -0.270 106.618 -0.313
202009 -0.680 105.818 -0.795
202012 0.350 105.518 0.410
202103 0.557 107.518 0.641
202106 0.542 108.486 0.618
202109 0.400 109.435 0.452
202112 0.274 110.384 0.307
202203 0.369 113.968 0.400
202206 0.610 115.760 0.652
202209 0.250 118.818 0.260
202212 -1.422 119.345 -1.474
202303 0.468 122.402 0.473
202306 0.152 123.140 0.153
202309 -0.075 124.195 -0.075
202312 -0.485 123.668 -0.485
202403 0.416 123.668 0.416

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


Basf SE  (OTCPK:BASFY) 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.

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

Shiller PE Ratio=Share Price/E10
=13.05/1.28
=10.20

* 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 Basf SE was 20.98. The lowest was 6.71. And the median was 13.14.


Be Aware

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


Basf SE E10 Related Terms

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


Basf SE (Basf SE) Business Description

Address
Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, DEU, 67056
Founded in 1865 and based in Germany, BASF is the world's largest chemical company, with products spanning the full spectrum of commodities to specialties. In addition, the company is a strong player in agricultural crop protection chemicals and emissions control catalysts for cars and trucks. Given its sheer size, BASF has a top-three market position in approximately 70% of its businesses.