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GE Aerospace (XPAR:GNE) E10 : €0.00 (As of Mar. 2024)


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What is GE Aerospace 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.

GE Aerospace's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.279. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Mar. 2024.

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 GE Aerospace was 13.80% per year. The lowest was -51.90% per year. And the median was 6.45% per year.

As of today (2024-04-25), GE Aerospace's current stock price is €148.50. GE Aerospace's E10 for the quarter that ended in Mar. 2024 was €0.00. GE Aerospace's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of GE Aerospace was 822.30. The lowest was 7.73. And the median was 12.30.


GE Aerospace E10 Historical Data

The historical data trend for GE Aerospace'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.

GE Aerospace E10 Chart

GE Aerospace 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 2.28 1.70 0.39 -0.78 -1.35

GE Aerospace 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 -0.53 -0.82 -1.16 -1.35 -

Competitive Comparison of GE Aerospace's E10

For the Aerospace & Defense subindustry, GE Aerospace'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.


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

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

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



GE Aerospace 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, GE Aerospace'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)
=1.279/129.4194*129.4194
=1.279

Current CPI (Mar. 2024) = 129.4194.

GE Aerospace Quarterly Data

per share eps CPI Adj_EPS
201406 2.061 100.560 2.652
201409 2.173 100.428 2.800
201412 3.309 99.070 4.323
201503 -9.979 99.621 -12.964
201506 -0.927 100.684 -1.192
201509 1.782 100.392 2.297
201512 4.700 99.792 6.095
201603 -0.072 100.470 -0.093
201606 2.136 101.688 2.719
201609 1.568 101.861 1.992
201612 2.958 101.863 3.758
201703 -0.075 102.862 -0.094
201706 0.712 103.349 0.892
201709 1.007 104.136 1.251
201712 -7.639 104.011 -9.505
201803 -0.908 105.290 -1.116
201806 0.479 106.317 0.583
201809 -17.963 106.507 -21.827
201812 0.492 105.998 0.601
201903 2.832 107.251 3.417
201906 -0.071 108.070 -0.085
201909 -7.845 108.329 -9.372
201912 0.432 108.420 0.516
202003 5.068 108.902 6.023
202006 -1.847 108.767 -2.198
202009 -0.925 109.815 -1.090
202012 1.776 109.897 2.091
202103 -2.201 111.754 -2.549
202106 -0.896 114.631 -1.012
202109 0.918 115.734 1.027
202112 -3.142 117.630 -3.457
202203 -0.981 121.301 -1.047
202206 -0.814 125.017 -0.843
202209 0.081 125.227 0.084
202212 1.473 125.222 1.522
202303 6.267 127.348 6.369
202306 -0.018 128.729 -0.018
202309 0.216 129.860 0.215
202312 1.330 129.419 1.330
202403 1.279 129.419 1.279

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


GE Aerospace  (XPAR:GNE) 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.

During the past 13 years, the highest Shiller P/E Ratio of GE Aerospace was 822.30. The lowest was 7.73. And the median was 12.30.


Be Aware

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


GE Aerospace E10 Related Terms

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


GE Aerospace (XPAR:GNE) Business Description

Address
5 Necco Street, Boston, MA, USA, 02210
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.