GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ratos AB (LTS:0GWP) » Definitions » E10

Ratos AB (LTS:0GWP) E10 : kr3.87 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Ratos 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.

Ratos AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr3.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ratos AB's average E10 Growth Rate was 29.30% per year. During the past 3 years, the average E10 Growth Rate was 30.30% per year. During the past 5 years, the average E10 Growth Rate was 9.20% 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 Ratos AB was 30.30% per year. The lowest was 3.60% per year. And the median was 10.00% per year.

As of today (2024-05-10), Ratos AB's current stock price is kr39.40. Ratos AB's E10 for the quarter that ended in Mar. 2024 was kr3.87. Ratos AB's Shiller PE Ratio of today is 10.18.

During the past 13 years, the highest Shiller PE Ratio of Ratos AB was 53.68. The lowest was 7.77. And the median was 18.37.


Ratos AB E10 Historical Data

The historical data trend for Ratos 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.

Ratos AB E10 Chart

Ratos 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 - - 1.82 3.01 3.81

Ratos 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 2.93 3.73 3.58 3.81 3.87

Competitive Comparison of Ratos AB's E10

For the Engineering & Construction subindustry, Ratos 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.


Ratos AB's Shiller PE Ratio Distribution in the Construction Industry

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

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



Ratos 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, Ratos 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)
=0.06/130.9575*130.9575
=0.060

Current CPI (Mar. 2024) = 130.9575.

Ratos AB Quarterly Data

per share eps CPI Adj_EPS
201406 -0.140 100.432 -0.183
201409 3.920 100.161 5.125
201412 -0.310 100.225 -0.405
201503 -0.140 99.950 -0.183
201506 0.790 99.995 1.035
201509 2.690 100.228 3.515
201512 -2.050 100.276 -2.677
201603 -0.180 100.751 -0.234
201606 -0.210 101.019 -0.272
201609 -5.340 101.138 -6.914
201612 3.950 102.022 5.070
201703 -0.380 102.022 -0.488
201706 0.980 102.752 1.249
201709 2.130 103.279 2.701
201712 -2.010 103.793 -2.536
201803 -0.467 103.962 -0.588
201806 1.530 104.875 1.911
201809 0.000 105.679 0.000
201812 -2.460 105.912 -3.042
201903 -0.350 105.886 -0.433
201906 1.280 106.742 1.570
201909 1.700 107.214 2.076
201912 -0.530 107.766 -0.644
202003 -0.390 106.563 -0.479
202006 2.180 107.498 2.656
202009 0.310 107.635 0.377
202012 0.050 108.296 0.060
202103 5.270 108.360 6.369
202106 1.900 108.928 2.284
202109 0.040 110.338 0.047
202112 0.940 112.486 1.094
202203 -0.660 114.825 -0.753
202206 1.830 118.384 2.024
202209 0.610 122.296 0.653
202212 -0.110 126.365 -0.114
202303 -0.090 127.042 -0.093
202306 1.790 129.407 1.811
202309 0.570 130.224 0.573
202312 1.440 130.958 1.440
202403 0.060 130.958 0.060

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


Ratos AB  (LTS:0GWP) 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.

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

Shiller PE Ratio=Share Price/E10
=39.40/3.87
=10.18

* 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 Ratos AB was 53.68. The lowest was 7.77. And the median was 18.37.


Be Aware

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


Ratos AB E10 Related Terms

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


Ratos AB (LTS:0GWP) Business Description

Address
Sturegatan 10, Box 511, Stockholm, SWE, SE-114 11
Ratos AB is an investment company that owns and develops unlisted medium- and small-sized Nordic companies. Its portfolio has a concentration in construction, consumer goods/commerce and industrials. Traditionally, Ratos is the largest owner of its companies, and it seeks to influence the company's development. The company sets thresholds for minimum investment amounts and chooses not to invest in the early phases of a company's life cycle. Potential portfolio companies are traditionally headquartered in the Nordic region, but Ratos removes qualifications for portfolio company add-on acquisitions. Potential acquisitions are selected through either internal processes or with the help of investment banks and other advisors.

Ratos AB (LTS:0GWP) Headlines

No Headlines