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Trention AB (LTS:0RGJ) E10 : kr-501.65 (As of Sep. 2020)


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What is Trention 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.

Trention AB's adjusted earnings per share data for the three months ended in Sep. 2020 was kr1.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-501.65 for the trailing ten years ended in Sep. 2020.

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 (2024-06-09), Trention AB's current stock price is kr1410.00. Trention AB's E10 for the quarter that ended in Sep. 2020 was kr-501.65. Trention AB's Shiller PE Ratio of today is .


Trention AB E10 Historical Data

The historical data trend for Trention 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.

Trention AB E10 Chart

Trention AB Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -640.74 -517.24 -612.19

Trention AB Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -595.05 -612.19 -472.32 -383.15 -501.65

Competitive Comparison of Trention AB's E10

For the Credit Services subindustry, Trention 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.


Trention AB's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Trention AB's Shiller PE Ratio distribution charts can be found below:

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



Trention 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, Trention AB's adjusted earnings per share data for the three months ended in Sep. 2020 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=1.62/107.6351*107.6351
=1.620

Current CPI (Sep. 2020) = 107.6351.

Trention AB Quarterly Data

per share eps CPI Adj_EPS
201012 8.522 98.211 9.340
201103 -32.213 98.967 -35.034
201106 -38.195 99.341 -41.384
201109 -29.792 100.021 -32.060
201112 -7.000 100.458 -7.500
201203 -6.000 100.464 -6.428
201206 -6.000 100.352 -6.435
201209 -16.000 100.467 -17.142
201212 -25.000 100.403 -26.801
201303 -5.000 100.416 -5.359
201306 -5.000 100.206 -5.371
201309 -2.000 100.544 -2.141
201312 -8.000 100.541 -8.564
201403 -3.000 99.788 -3.236
201406 -2.000 100.432 -2.143
201409 3.000 100.161 3.224
201412 -1.000 100.225 -1.074
201503 -1.000 99.950 -1.077
201506 -1.310 99.995 -1.410
201509 -5.590 100.228 -6.003
201512 -23.454 100.276 -25.175
201603 -0.310 100.751 -0.331
201606 -0.550 101.019 -0.586
201609 -18.450 101.138 -19.635
201612 -0.241 102.022 -0.254
201703 0.650 102.022 0.686
201706 1.950 102.752 2.043
201709 3.880 103.279 4.044
201712 2.890 103.793 2.997
201803 1.980 103.962 2.050
201806 1.670 104.875 1.714
201809 1.170 105.679 1.192
201812 0.049 105.912 0.050
201903 2.020 105.886 2.053
201906 1.030 106.742 1.039
201909 -6.850 107.214 -6.877
201912 1.757 107.766 1.755
202003 -1.230 106.563 -1.242
202006 1.760 107.498 1.762
202009 1.620 107.635 1.620

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


Trention AB  (LTS:0RGJ) 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.


Be Aware

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


Trention AB E10 Related Terms

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


Trention AB (LTS:0RGJ) Business Description

Traded in Other Exchanges
N/A
Address
Ankdammsgatan 35, Solna, SWE, 171 67
Trention AB invests in small and medium-sized expansive companies. It provides companies with both financial resources and advice. In addition, it also helps companies with short term financial solutions such as bridge loans and/or different forms of hybrid financing.

Trention AB (LTS:0RGJ) Headlines

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