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TAT Technologies (TAT Technologies) E10 : $0.01 (As of Dec. 2023)


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What is TAT Technologies 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.

TAT Technologies's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, TAT Technologies's average E10 Growth Rate was 150.00% per year. During the past 3 years, the average E10 Growth Rate was -14.50% 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 TAT Technologies was 72.70% per year. The lowest was -43.30% per year. And the median was -7.00% per year.

As of today (2024-05-15), TAT Technologies's current stock price is $13.55. TAT Technologies's E10 for the quarter that ended in Dec. 2023 was $0.01. TAT Technologies's Shiller PE Ratio of today is 1,355.00.

During the past 13 years, the highest Shiller PE Ratio of TAT Technologies was 1669.00. The lowest was 10.01. And the median was 21.66.


TAT Technologies E10 Historical Data

The historical data trend for TAT Technologies'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.

TAT Technologies E10 Chart

TAT Technologies 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 -0.02 0.03 -0.01 0.01 0.01

TAT Technologies 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 0.01 -0.01 -0.01 - 0.01

Competitive Comparison of TAT Technologies's E10

For the Aerospace & Defense subindustry, TAT Technologies'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.


TAT Technologies's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

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



TAT Technologies 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, TAT Technologies'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)
=0.04/129.4194*129.4194
=0.040

Current CPI (Dec. 2023) = 129.4194.

TAT Technologies Quarterly Data

per share eps CPI Adj_EPS
201403 0.050 99.695 0.065
201406 0.040 100.560 0.051
201409 -0.050 100.428 -0.064
201412 0.130 99.070 0.170
201503 0.220 99.621 0.286
201506 0.080 100.684 0.103
201509 0.020 100.392 0.026
201512 0.340 99.792 0.441
201603 0.010 100.470 0.013
201606 -0.280 101.688 -0.356
201609 0.100 101.861 0.127
201612 0.180 101.863 0.229
201703 0.140 102.862 0.176
201706 0.070 103.349 0.088
201709 0.100 104.136 0.124
201712 -0.030 104.011 -0.037
201803 -0.080 105.290 -0.098
201806 -0.160 106.317 -0.195
201809 -0.060 106.507 -0.073
201812 -0.200 105.998 -0.244
201903 0.010 107.251 0.012
201906 0.020 108.070 0.024
201909 0.020 108.329 0.024
201912 0.060 108.420 0.072
202003 0.050 108.902 0.059
202006 -0.260 108.767 -0.309
202009 -0.160 109.815 -0.189
202012 -0.230 109.897 -0.271
202103 0.070 111.754 0.081
202106 -0.280 114.631 -0.316
202109 -0.110 115.734 -0.123
202112 -0.080 117.630 -0.088
202203 -0.170 121.301 -0.181
202206 -0.010 125.017 -0.010
202209 -0.040 125.227 -0.041
202212 0.055 125.222 0.057
202303 0.074 127.348 0.075
202306 0.150 128.729 0.151
202309 0.240 129.860 0.239
202312 0.040 129.419 0.040

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


TAT Technologies  (NAS:TATT) 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.

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

Shiller PE Ratio=Share Price/E10
=13.55/0.01
=1,355.00

* 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 TAT Technologies was 1669.00. The lowest was 10.01. And the median was 21.66.


Be Aware

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


TAT Technologies E10 Related Terms

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


TAT Technologies (TAT Technologies) Business Description

Traded in Other Exchanges
Address
Hamelacha 5, Netanya, ISR, 4250540
TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.