GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Stoneridge Inc (NYSE:SRI) » Definitions » E10
中文

Stoneridge (Stoneridge) E10

: $0.85 (As of Dec. 2023)
View and export this data going back to 1997. Start your Free Trial

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.

Stoneridge's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.85 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -7.70% 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 Stoneridge was 200.00% per year. The lowest was -72.30% per year. And the median was 9.20% per year.

As of today (2024-04-24), Stoneridge's current stock price is $15.17. Stoneridge's E10 for the quarter that ended in Dec. 2023 was $0.85. Stoneridge's Shiller PE Ratio of today is 17.85.

During the past 13 years, the highest Shiller PE Ratio of Stoneridge was 2382.00. The lowest was 11.99. And the median was 24.74.


Stoneridge E10 Historical Data

The historical data trend for Stoneridge'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.

Stoneridge 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 1.15 1.08 0.92 - 0.85

Stoneridge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.88 0.85 0.84 0.85

Competitive Comparison

For the Auto Parts subindustry, Stoneridge'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.


Stoneridge Shiller PE Ratio Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Stoneridge's Shiller PE Ratio distribution charts can be found below:

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



Stoneridge 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, Stoneridge's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.11/129.4194*129.4194
=0.110

Current CPI (Dec. 2023) = 129.4194.

Stoneridge Quarterly Data

per share eps CPI Adj_EPS
201403 0.050 99.695 0.065
201406 -0.810 100.560 -1.042
201409 0.000 100.428 0.000
201412 -0.990 99.070 -1.293
201503 0.080 99.621 0.104
201506 0.250 100.684 0.321
201509 0.260 100.392 0.335
201512 0.220 99.792 0.285
201603 0.260 100.470 0.335
201606 0.410 101.688 0.522
201609 0.360 101.861 0.457
201612 1.700 101.863 2.160
201703 0.320 102.862 0.403
201706 0.320 103.349 0.401
201709 0.280 104.136 0.348
201712 0.650 104.011 0.809
201803 0.460 105.290 0.565
201806 0.520 106.317 0.633
201809 0.460 106.507 0.559
201812 0.410 105.998 0.501
201903 0.330 107.251 0.398
201906 1.410 108.070 1.689
201909 0.240 108.329 0.287
201912 0.160 108.420 0.191
202003 0.130 108.902 0.154
202006 -0.810 108.767 -0.964
202009 0.250 109.815 0.295
202012 0.140 109.897 0.165
202103 0.005 111.754 0.006
202106 0.720 114.631 0.813
202109 -0.380 115.734 -0.425
202112 -0.230 117.630 -0.253
202203 -0.280 121.301 -0.299
202206 -0.270 125.017 -0.280
202209 0.030 125.227 0.031
202212 0.000 125.222 0.000
202303 -0.270 127.348 -0.274
202306 -0.110 128.729 -0.111
202309 0.080 129.860 0.080
202312 0.110 129.419 0.110

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


Stoneridge  (NYSE:SRI) 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.

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

Shiller PE Ratio=Share Price/E10
=15.17/0.85
=17.85

* 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 Stoneridge was 2382.00. The lowest was 11.99. And the median was 24.74.


Be Aware

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


Stoneridge E10 Related Terms

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


Stoneridge (Stoneridge) Business Description

Traded in Other Exchanges
Address
39675 MacKenzie Drive, Suite 400, Novi, MI, USA, 48377
Stoneridge Inc is a manufacturer of electrical and electronic components used in automotive vehicles. The company produces instrumentation systems, vehicle management electronics, application-specific switches and actuators, sensors, security alarms, and vehicle tracking devices and monitoring services for commercial, automotive, off-highway, and agricultural vehicle markets. Stoneridge generates the majority of its revenue in its Electronics segment that produces driver information systems, camera-based vision systems, connectivity, and compliance products, and electronic control units. Geographically, the company's operations are focused on North America. It has Control Devices, Electronics, and Stoneridge Brazil segments.
Executives
Susan C. Benedict officer: CHRO and Assistant GC C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Rajaey Kased officer: President Control Devices C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Caetano Roberto Ferraiolo officer: Director President of PST ALAMEDA GUARUJA, 199, CONDOMINIO JARDIM PAULISTA - CENTRO, VINHEDO - SP D5 13280-000
Mayes George S Jr director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Sheila M Rutt director 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Carsten J Reinhardt director ARVINMERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Paul J. Schlather director 9400 EAST MARKET STREET, WARREN OH 44484
Salvatore D. Orsini officer: Chief Procurement Officer C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Peter Osterberg officer: President of Electronics C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Jonathan B Degaynor officer: President and CEO C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Hartman Robert J. Jr. officer: Chief Accounting Officer C/O STONERIDGE, INC., 9400 EAST MARKET STREET, WARREN OH 44484
Matthew R. Horvath officer: CFO C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Laurent Borne officer: President Electronics Division C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Frank S Sklarsky director C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
James Zizelman officer: President Control Devices C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377