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Bird Construction (TSX:BDT) E10 : C$0.73 (As of Mar. 2024)


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What is Bird Construction 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.

Bird Construction's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bird Construction's average E10 Growth Rate was 21.70% per year. During the past 3 years, the average E10 Growth Rate was 5.30% per year. During the past 5 years, the average E10 Growth Rate was -1.10% 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 Bird Construction was 5.30% per year. The lowest was -13.60% per year. And the median was -6.60% per year.

As of today (2024-05-28), Bird Construction's current stock price is C$21.36. Bird Construction's E10 for the quarter that ended in Mar. 2024 was C$0.73. Bird Construction's Shiller PE Ratio of today is 29.26.

During the past 13 years, the highest Shiller PE Ratio of Bird Construction was 29.35. The lowest was 6.66. And the median was 11.35.


Bird Construction E10 Historical Data

The historical data trend for Bird Construction'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.

Bird Construction E10 Chart

Bird Construction 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 0.62 0.60 0.63 0.59 0.70

Bird Construction 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 0.60 0.63 0.68 0.70 0.73

Competitive Comparison of Bird Construction's E10

For the Engineering & Construction subindustry, Bird Construction'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.


Bird Construction's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bird Construction's Shiller PE Ratio distribution charts can be found below:

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



Bird Construction 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, Bird Construction'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)
=0.19/126.2576*126.2576
=0.190

Current CPI (Mar. 2024) = 126.2576.

Bird Construction Quarterly Data

per share eps CPI Adj_EPS
201406 0.240 99.473 0.305
201409 0.290 99.394 0.368
201412 0.300 98.367 0.385
201503 0.110 99.789 0.139
201506 0.260 100.500 0.327
201509 -0.130 100.421 -0.163
201512 0.280 99.947 0.354
201603 0.220 101.054 0.275
201606 0.090 102.002 0.111
201609 0.140 101.765 0.174
201612 0.140 101.449 0.174
201703 -0.050 102.634 -0.062
201706 0.070 103.029 0.086
201709 0.140 103.345 0.171
201712 0.050 103.345 0.061
201803 -0.150 105.004 -0.180
201806 -0.130 105.557 -0.155
201809 0.100 105.636 0.120
201812 0.150 105.399 0.180
201903 -0.150 106.979 -0.177
201906 0.020 107.690 0.023
201909 0.160 107.611 0.188
201912 0.190 107.769 0.223
202003 0.030 107.927 0.035
202006 0.130 108.401 0.151
202009 0.200 108.164 0.233
202012 0.440 108.559 0.512
202103 0.130 110.298 0.149
202106 0.260 111.720 0.294
202109 0.230 112.905 0.257
202112 0.180 113.774 0.200
202203 0.120 117.646 0.129
202206 0.260 120.806 0.272
202209 0.270 120.648 0.283
202212 0.280 120.964 0.292
202303 0.100 122.702 0.103
202306 0.260 124.203 0.264
202309 0.540 125.230 0.544
202312 0.440 125.072 0.444
202403 0.190 126.258 0.190

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


Bird Construction  (TSX:BDT) 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.

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

Shiller PE Ratio=Share Price/E10
=21.36/0.73
=29.26

* 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 Bird Construction was 29.35. The lowest was 6.66. And the median was 11.35.


Be Aware

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


Bird Construction E10 Related Terms

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


Bird Construction (TSX:BDT) Business Description

Traded in Other Exchanges
Address
5700 Explorer Drive, Suite 400, Mississauga, ON, CAN, L4W 0C6
Bird Construction Inc is a construction company operating from coast-to-coast and servicing all of Canada's major markets. The group provides a comprehensive range of construction services from new construction for industrial, commercial, institutional, and civil infrastructure markets, to industrial maintenance, repair and operations services, heavy civil construction, and mine support services. It also provides vertical infrastructure including, electrical, mechanical, and specialty trades. In addition to its commitment to safety, Bird provides services that offer long-term value to its stakeholders.
Executives
Robert James Otway Senior Officer

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