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Husqvarna AB (Husqvarna AB) E10 : $0.92 (As of Mar. 2024)


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What is Husqvarna AB 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.

Husqvarna AB's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.444. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Husqvarna AB's average E10 Growth Rate was 4.80% per year. During the past 3 years, the average E10 Growth Rate was 15.70% per year. During the past 5 years, the average E10 Growth Rate was 13.20% 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 Husqvarna AB was 15.70% per year. The lowest was 12.70% per year. And the median was 14.40% per year.

As of today (2024-05-16), Husqvarna AB's current stock price is $17.21. Husqvarna AB's E10 for the quarter that ended in Mar. 2024 was $0.92. Husqvarna AB's Shiller PE Ratio of today is 18.71.

During the past 13 years, the highest Shiller PE Ratio of Husqvarna AB was 40.85. The lowest was 13.71. And the median was 24.60.


Husqvarna AB E10 Historical Data

The historical data trend for Husqvarna AB'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.

Husqvarna AB E10 Chart

Husqvarna AB 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 0.63 0.74 0.84 0.84 0.95

Husqvarna AB 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 0.89 0.89 0.88 0.95 0.92

Competitive Comparison of Husqvarna AB's E10

For the Tools & Accessories subindustry, Husqvarna AB'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.


Husqvarna AB's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Husqvarna AB's Shiller PE Ratio distribution charts can be found below:

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



Husqvarna AB 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, Husqvarna AB'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)
=0.444/130.9575*130.9575
=0.444

Current CPI (Mar. 2024) = 130.9575.

Husqvarna AB Quarterly Data

per share eps CPI Adj_EPS
201406 0.503 100.432 0.656
201409 0.098 100.161 0.128
201412 -0.440 100.225 -0.575
201503 0.321 99.950 0.421
201506 0.479 99.995 0.627
201509 0.081 100.228 0.106
201512 -0.097 100.276 -0.127
201603 0.317 100.751 0.412
201606 0.527 101.019 0.683
201609 0.084 101.138 0.109
201612 -0.046 102.022 -0.059
201703 0.386 102.022 0.495
201706 0.560 102.752 0.714
201709 0.092 103.279 0.117
201712 0.024 103.793 0.030
201803 0.398 103.962 0.501
201806 0.548 104.875 0.684
201809 -0.074 105.679 -0.092
201812 -0.357 105.912 -0.441
201903 0.428 105.886 0.529
201906 0.559 106.742 0.686
201909 0.097 107.214 0.118
201912 -0.144 107.766 -0.175
202003 0.351 106.563 0.431
202006 0.589 107.498 0.718
202009 0.257 107.635 0.313
202012 -0.301 108.296 -0.364
202103 0.677 108.360 0.818
202106 0.829 108.928 0.997
202109 0.255 110.338 0.303
202112 0.059 112.486 0.069
202203 0.598 114.825 0.682
202206 0.492 118.384 0.544
202209 0.086 122.296 0.092
202212 -0.470 126.365 -0.487
202303 0.550 127.042 0.567
202306 0.457 129.407 0.462
202309 0.040 130.224 0.040
202312 -0.347 130.958 -0.347
202403 0.444 130.958 0.444

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


Husqvarna AB  (OTCPK:HSQVY) 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.

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

Shiller PE Ratio=Share Price/E10
=17.21/0.92
=18.71

* 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 Husqvarna AB was 40.85. The lowest was 13.71. And the median was 24.60.


Be Aware

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


Husqvarna AB E10 Related Terms

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


Husqvarna AB (Husqvarna AB) Business Description

Address
Regeringsgatan 28, Box 7454, Stockholm, SWE, SE-111 53
Husqvarna AB makes outdoor power products for forest, park, and garden care. The company operates three business segments: Husqvarna, Gardena, and Construction. The Husqvarna segment generates most of the group's revenue. It manufactures and sells outdoor products such as chainsaws, trimmers, mowers, and park and garden care. The other segments offer garden watering and hand tools, as well as professional equipment and diamond tools for cutting and drilling in concrete, stone, and asphalt. Products are sold under the Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah, and Diamant Boart brands. The company's largest end markets are North America and Europe.

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