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Scania AB (Scania AB) E10 : $3.22 (As of Dec. 2015)


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What is Scania 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.

Scania AB's adjusted earnings per share data for the three months ended in Dec. 2015 was $0.269. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.22 for the trailing ten years ended in Dec. 2015.

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 (2024-04-29), Scania AB's current stock price is $29.85. Scania AB's E10 for the quarter that ended in Dec. 2015 was $3.22. Scania AB's Shiller PE Ratio of today is 9.27.


Scania AB E10 Historical Data

The historical data trend for Scania 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.

Scania AB E10 Chart

Scania AB Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.05 4.36 3.87 3.50 3.22

Scania AB Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 3.50 3.45 3.40 3.29 3.22

Competitive Comparison of Scania AB's E10

For the Trucking subindustry, Scania 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.


Scania AB's Shiller PE Ratio Distribution in the Transportation Industry

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

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



Scania 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, Scania AB's adjusted earnings per share data for the three months ended in Dec. 2015 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=0.269/100.2758*100.2758
=0.269

Current CPI (Dec. 2015) = 100.2758.

Scania AB Quarterly Data

per share eps CPI Adj_EPS
200009 0.000 83.620 0.000
200012 0.000 83.767 0.000
200103 0.000 84.440 0.000
200106 0.000 85.627 0.000
200109 0.000 86.119 0.000
200112 0.483 85.994 0.563
200203 0.000 86.729 0.000
200206 0.000 87.201 0.000
200209 0.000 87.603 0.000
200212 1.534 87.785 1.752
200312 2.067 88.902 2.331
200412 3.221 89.151 3.623
200512 2.934 89.939 3.271
200612 1.085 91.410 1.190
200712 1.651 94.566 1.751
200812 1.387 95.419 1.458
201003 0.248 96.165 0.259
201006 0.379 96.373 0.394
201009 0.409 96.893 0.423
201012 0.547 98.211 0.559
201103 0.495 98.967 0.502
201106 0.480 99.341 0.485
201109 0.441 100.021 0.442
201112 0.389 100.458 0.388
201203 0.333 100.464 0.332
201206 0.257 100.352 0.257
201209 0.285 100.467 0.284
201212 0.359 100.403 0.359
201303 0.272 100.416 0.272
201306 0.261 100.206 0.261
201309 0.282 100.544 0.281
201312 0.376 100.541 0.375
201403 0.303 99.788 0.304
201406 0.265 100.432 0.265
201409 0.246 100.161 0.246
201412 0.269 100.225 0.269
201503 0.248 99.950 0.249
201506 0.253 99.995 0.254
201509 0.233 100.228 0.233
201512 0.269 100.276 0.269

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


Scania AB  (OTCPK:SVKBF) 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.

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

Shiller PE Ratio=Share Price/E10
=29.85/3.22
=9.27

* 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.


Be Aware

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


Scania AB E10 Related Terms

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


Scania AB (Scania AB) Business Description

Traded in Other Exchanges
N/A
Address
Scania AB was founded in 1891. The Company is engaged in manufacturing & marketing heavy trucks, buses & engines for automotive & marine industries. It also offers spare parts, maintenance & driver training, short-term truck rentals and fleet management services & financing. The company's operations are divided into two different operating segments, the Vehicles and Services operating segment encompasses the following products: trucks, buses and engines, including the services associated with these products and the Financial Services operating segment provides financial solutions to Scania customers, such as loan financing, lease contracts and insurance solutions. The sales of the Company's products occur in all five geographic areas. Financial Services is found mainly in the European markets and to a lesser extent in the others. The Company's research and development work occurs in Sweden. Manufacturing of trucks, buses and industrial and marine engines occurs in Sweden, Argentina, Brazil, France, the Netherlands, Poland and Russia.

Scania AB (Scania AB) Headlines

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