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Ryland Group (FRA:RYG) E10 : €0.00 (As of Jun. 2015)


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What is Ryland Group E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Ryland Group's adjusted earnings per share data for the three months ended in Jun. 2015 was €0.668. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Jun. 2015.

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 (2024-05-25), Ryland Group's current stock price is €36.12. Ryland Group's E10 for the quarter that ended in Jun. 2015 was €0.00. Ryland Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Ryland Group was 333.93. The lowest was 4.43. And the median was 12.67.


Ryland Group E10 Historical Data

The historical data trend for Ryland Group'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.

Ryland Group E10 Chart

Ryland Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 -1.81 -3.09 -1.19 0.43

Ryland Group Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 -0.24 0.05 0.43 0.75 -

Competitive Comparison of Ryland Group's E10

For the Residential Construction subindustry, Ryland Group'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.


Ryland Group's Shiller PE Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Ryland Group's Shiller PE Ratio distribution charts can be found below:

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



Ryland Group 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, Ryland Group's adjusted earnings per share data for the three months ended in Jun. 2015 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=0.668/100.6839*100.6839
=0.668

Current CPI (Jun. 2015) = 100.6839.

Ryland Group Quarterly Data

per share eps CPI Adj_EPS
200509 1.953 83.876 2.344
200512 2.795 83.032 3.389
200603 1.546 84.298 1.847
200606 1.604 85.606 1.887
200609 1.548 85.606 1.821
200612 1.494 85.142 1.767
200703 -0.438 86.640 -0.509
200706 -0.931 87.906 -1.066
200709 -0.935 87.964 -1.070
200712 -3.296 88.616 -3.745
200803 -0.444 90.090 -0.496
200806 -3.665 92.320 -3.997
200809 -1.073 92.307 -1.170
200812 -1.037 88.697 -1.177
200903 -1.348 89.744 -1.512
200906 -1.214 91.003 -1.343
200909 -0.823 91.120 -0.909
200912 0.611 91.111 0.675
201003 -0.243 91.821 -0.266
201006 -0.401 91.962 -0.439
201009 -0.519 92.162 -0.567
201012 -0.327 92.474 -0.356
201103 -0.314 94.283 -0.335
201106 -0.167 95.235 -0.177
201109 -0.349 95.727 -0.367
201112 0.014 95.213 0.015
201203 -0.083 96.783 -0.086
201206 0.112 96.819 0.116
201209 0.171 97.633 0.176
201212 0.342 96.871 0.355
201303 0.332 98.209 0.340
201306 3.153 98.518 3.222
201309 0.711 98.790 0.725
201312 0.911 98.326 0.933
201403 0.304 99.695 0.307
201406 0.420 100.560 0.421
201409 0.660 100.428 0.662
201412 1.006 99.070 1.022
201503 0.434 99.621 0.439
201506 0.668 100.684 0.668

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


Ryland Group  (FRA:RYG) 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.

During the past 13 years, the highest Shiller P/E Ratio of Ryland Group was 333.93. The lowest was 4.43. And the median was 12.67.


Be Aware

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


Ryland Group E10 Related Terms

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


Ryland Group (FRA:RYG) Business Description

Traded in Other Exchanges
N/A
Address
Ryland Group Inc is a Maryland corporation, which was founded in 1967. It is a homebuilder and a mortgage-finance company. The Company consists of six operating business segments namely four geographically determined homebuilding regions; financial services; and corporate. The Company's homebuilding operations consist of four regional reporting segments namely North, Southeast, Texas and West. The homebuilding segments specialize in the sale and construction of single-family attached and detached housing. Its operations in each of its homebuilding markets might differ due to a number of market-specific factors. These factors include regional economic conditions and job growth; land availability and local land development; consumer preferences; competition from other homebuilders; and home resale activity. The Company's financial services segment includes RMC, RH Insurance Company, Inc. or RHIC, LPS Holdings Corporation and its subsidiaries and Columbia National Risk Retention Group, Inc. or CNRRG. Corporate is a non-operating business segment whose purpose is to support operations. Corporate is responsible for establishing operational policies and internal control standards; implementing strategic initiatives; and monitoring compliance with policies and controls throughout the Company's operations. Corporate acts as an internal source of capital and provides financial, human resource, information technology, insurance, legal, marketing, national purchasing and tax compliance services. In addition, it performs administrative functions associated with a publicly traded entity. Ryland Insurance Services or RIS, a wholly-owned subsidiary of RMC, provides insurance services to the Company's homebuyers. As single-family on-site homebuilders in the United States, it operates in 17 states. The Company's homebuilding segments are subject to a number of local, state and federal laws, statutes, ordinances, rules and regulations concerning zoning, building design, construction, stormwater permitting and discharge and similar matters, as well as open space, wetlands and environmentally protected areas.

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