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Saab AB (OSTO:SAAB B) E10 : kr4.11 (As of Mar. 2024)


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What is Saab 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.

Saab AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr1.428. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr4.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saab AB's average E10 Growth Rate was 17.10% per year. During the past 3 years, the average E10 Growth Rate was 9.00% per year. During the past 5 years, the average E10 Growth Rate was 6.90% 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 Saab AB was 9.00% per year. The lowest was 3.80% per year. And the median was 4.70% per year.

As of today (2024-05-29), Saab AB's current stock price is kr247.50. Saab AB's E10 for the quarter that ended in Mar. 2024 was kr4.11. Saab AB's Shiller PE Ratio of today is 60.22.

During the past 13 years, the highest Shiller PE Ratio of Saab AB was 61.05. The lowest was 14.65. And the median was 26.83.


Saab AB E10 Historical Data

The historical data trend for Saab 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.

Saab AB E10 Chart

Saab 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 2.98 3.10 3.05 3.42 4.01

Saab 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 3.51 3.72 3.81 4.01 4.11

Competitive Comparison of Saab AB's E10

For the Aerospace & Defense subindustry, Saab 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.


Saab AB's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Shiller PE Ratio distribution charts can be found below:

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



Saab 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, Saab 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)
=1.428/132.2054*132.2054
=1.428

Current CPI (Mar. 2024) = 132.2054.

Saab AB Quarterly Data

per share eps CPI Adj_EPS
201406 0.501 100.432 0.659
201409 0.358 100.161 0.473
201412 1.253 100.225 1.653
201503 0.183 99.950 0.242
201506 0.328 99.995 0.434
201509 0.055 100.228 0.073
201512 2.390 100.276 3.151
201603 0.460 100.751 0.604
201606 0.395 101.019 0.517
201609 0.245 101.138 0.320
201612 1.350 102.022 1.749
201703 0.763 102.022 0.989
201706 0.619 102.752 0.796
201709 0.501 103.279 0.641
201712 1.289 103.793 1.642
201803 0.520 103.962 0.661
201806 0.393 104.875 0.495
201809 -0.203 105.679 -0.254
201812 2.093 105.912 2.613
201903 0.743 105.886 0.928
201906 0.808 106.742 1.001
201909 0.503 107.214 0.620
201912 1.650 107.766 2.024
202003 0.625 106.563 0.775
202006 0.975 107.498 1.199
202009 -0.713 107.635 -0.876
202012 1.115 108.296 1.361
202103 0.735 108.360 0.897
202106 0.945 108.928 1.147
202109 0.555 110.338 0.665
202112 1.375 112.486 1.616
202203 0.665 114.825 0.766
202206 0.788 118.384 0.880
202209 0.570 122.296 0.616
202212 2.083 126.365 2.179
202303 1.363 127.042 1.418
202306 1.440 129.407 1.471
202309 1.210 130.224 1.228
202312 2.275 131.912 2.280
202403 1.428 132.205 1.428

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


Saab AB  (OSTO:SAAB B) 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.

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

Shiller PE Ratio=Share Price/E10
=247.50/4.11
=60.22

* 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 Saab AB was 61.05. The lowest was 14.65. And the median was 26.83.


Be Aware

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


Saab AB E10 Related Terms

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


Saab AB (OSTO:SAAB B) Business Description

Traded in Other Exchanges
Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (OSTO:SAAB B) Headlines

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