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Vestas Wind Systems A/S (Vestas Wind Systems A/S) E10 : $0.16 (As of Dec. 2023)


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What is Vestas Wind Systems A/S 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.

Vestas Wind Systems A/S's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.054. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.16 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Vestas Wind Systems A/S's average E10 Growth Rate was 4.80% per year. During the past 3 years, the average E10 Growth Rate was 5.20% 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 Vestas Wind Systems A/S was 10.80% per year. The lowest was -15.00% per year. And the median was 5.20% per year.

As of today (2024-04-29), Vestas Wind Systems A/S's current stock price is $8.81. Vestas Wind Systems A/S's E10 for the quarter that ended in Dec. 2023 was $0.16. Vestas Wind Systems A/S's Shiller PE Ratio of today is 55.06.

During the past 13 years, the highest Shiller PE Ratio of Vestas Wind Systems A/S was 111.83. The lowest was 14.08. And the median was 59.02.


Vestas Wind Systems A/S E10 Historical Data

The historical data trend for Vestas Wind Systems A/S'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.

Vestas Wind Systems A/S E10 Chart

Vestas Wind Systems A/S 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 0.11 0.15 - 0.15 0.16

Vestas Wind Systems A/S 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 0.15 0.16 0.16 0.16 0.16

Competitive Comparison of Vestas Wind Systems A/S's E10

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems A/S'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.


Vestas Wind Systems A/S's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems A/S's Shiller PE Ratio falls into.



Vestas Wind Systems A/S 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, Vestas Wind Systems A/S'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)
=0.054/116.7000*116.7000
=0.054

Current CPI (Dec. 2023) = 116.7000.

Vestas Wind Systems A/S Quarterly Data

per share eps CPI Adj_EPS
201403 0.001 99.600 0.001
201406 0.039 99.700 0.046
201409 0.039 99.700 0.046
201412 0.071 99.400 0.083
201503 0.018 100.200 0.021
201506 0.042 100.300 0.049
201509 0.069 100.200 0.080
201512 0.097 99.800 0.113
201603 0.012 100.200 0.014
201606 0.094 100.600 0.109
201609 0.105 100.200 0.122
201612 0.110 100.300 0.128
201703 0.053 101.200 0.061
201706 0.065 101.200 0.075
201709 0.094 101.800 0.108
201712 0.110 101.300 0.127
201803 0.041 101.700 0.047
201806 0.072 102.300 0.082
201809 0.068 102.400 0.077
201812 0.083 102.100 0.095
201903 0.010 102.900 0.011
201906 0.034 102.900 0.039
201909 0.112 102.900 0.127
201912 0.107 102.900 0.121
202003 -0.001 103.300 -0.001
202006 -0.004 103.200 -0.005
202009 0.114 103.500 0.129
202012 0.231 103.400 0.261
202103 -0.028 104.300 -0.031
202106 0.032 105.000 0.036
202109 0.043 105.800 0.047
202112 0.000 106.600 0.000
202203 -0.279 109.900 -0.296
202206 -0.042 113.600 -0.043
202209 -0.049 116.400 -0.049
202212 -0.187 115.900 -0.188
202303 0.004 117.300 0.004
202306 -0.043 116.400 -0.043
202309 0.011 117.400 0.011
202312 0.054 116.700 0.054

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


Vestas Wind Systems A/S  (OTCPK:VWDRY) 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.

Vestas Wind Systems A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.81/0.16
=55.06

* 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 Vestas Wind Systems A/S was 111.83. The lowest was 14.08. And the median was 59.02.


Be Aware

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


Vestas Wind Systems A/S E10 Related Terms

Thank you for viewing the detailed overview of Vestas Wind Systems A/S's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Vestas Wind Systems A/S (Vestas Wind Systems A/S) Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

Vestas Wind Systems A/S (Vestas Wind Systems A/S) Headlines