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Trelleborg AB (LTS:0NL3) E10 : kr17.73 (As of Mar. 2024)


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What is Trelleborg 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.

Trelleborg AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr4.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr17.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trelleborg AB's average E10 Growth Rate was 26.40% per year. During the past 3 years, the average E10 Growth Rate was 20.40% per year. During the past 5 years, the average E10 Growth Rate was 12.80% 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 Trelleborg AB was 20.40% per year. The lowest was 5.10% per year. And the median was 12.80% per year.

As of today (2024-05-26), Trelleborg AB's current stock price is kr420.80. Trelleborg AB's E10 for the quarter that ended in Mar. 2024 was kr17.73. Trelleborg AB's Shiller PE Ratio of today is 23.73.

During the past 13 years, the highest Shiller PE Ratio of Trelleborg AB was 25.67. The lowest was 10.10. And the median was 18.47.


Trelleborg AB E10 Historical Data

The historical data trend for Trelleborg 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.

Trelleborg AB E10 Chart

Trelleborg 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 9.43 10.01 11.02 13.67 17.44

Trelleborg 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 13.96 16.65 17.06 17.44 17.73

Competitive Comparison of Trelleborg AB's E10

For the Specialty Industrial Machinery subindustry, Trelleborg 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.


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

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

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



Trelleborg 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, Trelleborg 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)
=4.06/132.2054*132.2054
=4.060

Current CPI (Mar. 2024) = 132.2054.

Trelleborg AB Quarterly Data

per share eps CPI Adj_EPS
201406 1.950 100.432 2.567
201409 2.110 100.161 2.785
201412 1.848 100.225 2.438
201503 2.540 99.950 3.360
201506 2.780 99.995 3.675
201509 2.280 100.228 3.007
201512 2.000 100.276 2.637
201603 1.950 100.751 2.559
201606 18.100 101.019 23.688
201609 2.330 101.138 3.046
201612 1.920 102.022 2.488
201703 4.530 102.022 5.870
201706 2.720 102.752 3.500
201709 2.340 103.279 2.995
201712 1.010 103.793 1.286
201803 3.360 103.962 4.273
201806 3.310 104.875 4.173
201809 2.880 105.679 3.603
201812 2.220 105.912 2.771
201903 3.140 105.886 3.920
201906 2.980 106.742 3.691
201909 2.440 107.214 3.009
201912 -9.290 107.766 -11.397
202003 3.050 106.563 3.784
202006 2.110 107.498 2.595
202009 2.410 107.635 2.960
202012 2.430 108.296 2.966
202103 4.080 108.360 4.978
202106 3.650 108.928 4.430
202109 3.210 110.338 3.846
202112 2.774 112.486 3.260
202203 4.807 114.825 5.535
202206 5.680 118.384 6.343
202209 4.790 122.296 5.178
202212 4.652 126.365 4.867
202303 5.326 127.042 5.542
202306 27.670 129.407 28.268
202309 3.840 130.224 3.898
202312 3.204 131.912 3.211
202403 4.060 132.205 4.060

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


Trelleborg AB  (LTS:0NL3) 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.

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

Shiller PE Ratio=Share Price/E10
=420.80/17.73
=23.73

* 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 Trelleborg AB was 25.67. The lowest was 10.10. And the median was 18.47.


Be Aware

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


Trelleborg AB E10 Related Terms

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


Trelleborg AB (LTS:0NL3) Business Description

Address
Johan Kocksgatan 10, P.O. Box 153, Trelleborg, SWE, SE- 23122
Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on improving functionality, productivity, and minimizing energy waste for customers in transportation equipment, aerospace, and other industrial markets. The company has several different business areas: coated systems, industrial solutions, offshore and construction, sealing, and wheel. Products and components are molded to limit vibrations, provide automotive support, fit and protect tires, produce printing solutions, or offer support for other applications. Western Europe is an important region for the company and accounts for approximately half of total revenue.segments.

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