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Tumosan Motor ve Traktornayi AS (IST:TMSN) E10 : ₺1.53 (As of Sep. 2023)


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What is Tumosan Motor ve Traktornayi AS 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.

Tumosan Motor ve Traktornayi AS's adjusted earnings per share data for the three months ended in Sep. 2023 was ₺4.904. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺1.53 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Tumosan Motor ve Traktornayi AS's average E10 Growth Rate was 159.30% 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 (2024-05-18), Tumosan Motor ve Traktornayi AS's current stock price is ₺159.10. Tumosan Motor ve Traktornayi AS's E10 for the quarter that ended in Sep. 2023 was ₺1.53. Tumosan Motor ve Traktornayi AS's Shiller PE Ratio of today is 103.99.

During the past 13 years, the highest Shiller PE Ratio of Tumosan Motor ve Traktornayi AS was 155.53. The lowest was 49.90. And the median was 72.32.


Tumosan Motor ve Traktornayi AS E10 Historical Data

The historical data trend for Tumosan Motor ve Traktornayi AS'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.

Tumosan Motor ve Traktornayi AS E10 Chart

Tumosan Motor ve Traktornayi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.24 0.71

Tumosan Motor ve Traktornayi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.59 0.71 0.78 1.04 1.53

Competitive Comparison of Tumosan Motor ve Traktornayi AS's E10

For the Farm & Heavy Construction Machinery subindustry, Tumosan Motor ve Traktornayi AS'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.


Tumosan Motor ve Traktornayi AS's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tumosan Motor ve Traktornayi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tumosan Motor ve Traktornayi AS's Shiller PE Ratio falls into.



Tumosan Motor ve Traktornayi AS 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, Tumosan Motor ve Traktornayi AS's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=4.904/129.8595*129.8595
=4.904

Current CPI (Sep. 2023) = 129.8595.

Tumosan Motor ve Traktornayi AS Quarterly Data

per share eps CPI Adj_EPS
201312 0.193 98.326 0.255
201403 0.003 99.695 0.004
201406 0.127 100.560 0.164
201409 0.042 100.428 0.054
201412 0.020 99.070 0.026
201503 0.076 99.621 0.099
201506 0.089 100.684 0.115
201509 0.070 100.392 0.091
201512 0.056 99.792 0.073
201603 0.089 100.470 0.115
201606 0.143 101.688 0.183
201609 0.081 101.861 0.103
201612 0.036 101.863 0.046
201703 -0.087 102.862 -0.110
201706 -0.016 103.349 -0.020
201709 0.041 104.136 0.051
201712 -0.052 104.011 -0.065
201803 -0.011 105.290 -0.014
201806 -0.043 106.317 -0.053
201809 -0.058 106.507 -0.071
201812 -0.082 105.998 -0.100
201903 -0.052 107.251 -0.063
201906 -0.105 108.070 -0.126
201909 -0.042 108.329 -0.050
201912 -0.100 108.420 -0.120
202003 -0.077 108.902 -0.092
202006 0.053 108.767 0.063
202009 0.077 109.815 0.091
202012 0.460 109.897 0.544
202103 0.237 111.754 0.275
202106 0.126 114.631 0.143
202109 -0.007 115.734 -0.008
202112 0.084 117.630 0.093
202203 0.845 121.301 0.905
202206 1.566 125.017 1.627
202209 1.257 125.227 1.304
202212 1.353 125.222 1.403
202303 0.709 127.348 0.723
202306 2.689 128.729 2.713
202309 4.904 129.860 4.904

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


Tumosan Motor ve Traktornayi AS  (IST:TMSN) 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.

Tumosan Motor ve Traktornayi AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=159.10/1.53
=103.99

* 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 Tumosan Motor ve Traktornayi AS was 155.53. The lowest was 49.90. And the median was 72.32.


Be Aware

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


Tumosan Motor ve Traktornayi AS E10 Related Terms

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


Tumosan Motor ve Traktornayi AS (IST:TMSN) Business Description

Traded in Other Exchanges
N/A
Address
Maltepe Mahallesi London Asfalti Caddesi Number 28/1, Topkapi, Zeytinburnu, Istanbul, TUR, 34010
Tumosan Motor ve Traktor Sanayi AS is a Turkey-based company mainly engaged in manufacturing and production of the diesel engine and tractors. Its products comprise Tractors, Industrial Engines, Agricultural Machinery Engines, Forklifts, and Agricultural Equipments.

Tumosan Motor ve Traktornayi AS (IST:TMSN) Headlines

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