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Accuride (Accuride) E10 : $-1.70 (As of Sep. 2016)


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What is Accuride 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.

Accuride's adjusted earnings per share data for the three months ended in Sep. 2016 was $-0.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.70 for the trailing ten years ended in Sep. 2016.

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 (2024-04-26), Accuride's current stock price is $2.58. Accuride's E10 for the quarter that ended in Sep. 2016 was $-1.70. Accuride's Shiller PE Ratio of today is .


Accuride E10 Historical Data

The historical data trend for Accuride'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.

Accuride E10 Chart

Accuride 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 2.34 2.91 3.44 2.07 0.16

Accuride Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.74 0.16 -0.56 -1.20 -1.70

Competitive Comparison of Accuride's E10

For the Auto Parts subindustry, Accuride'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.


Accuride's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Accuride's Shiller PE Ratio distribution charts can be found below:

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



Accuride 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, Accuride's adjusted earnings per share data for the three months ended in Sep. 2016 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=-0.59/101.8610*101.8610
=-0.590

Current CPI (Sep. 2016) = 101.8610.

Accuride Quarterly Data

per share eps CPI Adj_EPS
200612 4.100 85.142 4.905
200703 -0.500 86.640 -0.588
200706 1.400 87.906 1.622
200709 -0.300 87.964 -0.347
200712 -3.000 88.616 -3.448
200803 -3.300 90.090 -3.731
200806 1.000 92.320 1.103
200809 -56.700 92.307 -62.569
200812 49.860 88.697 57.260
200903 -8.600 89.744 -9.761
200906 -10.000 91.003 -11.193
200909 -9.200 91.120 -10.285
200912 24.210 91.111 27.066
201003 -0.300 91.821 -0.333
201006 -0.320 91.962 -0.354
201009 -0.080 92.162 -0.088
201012 0.000 92.474 0.000
201103 -0.110 94.283 -0.119
201106 0.030 95.235 0.032
201109 -0.360 95.727 -0.383
201112 0.090 95.213 0.096
201203 -0.060 96.783 -0.063
201206 -0.020 96.819 -0.021
201209 -0.370 97.633 -0.386
201212 -3.310 96.871 -3.481
201303 -0.340 98.209 -0.353
201306 -0.110 98.518 -0.114
201309 -0.390 98.790 -0.402
201312 0.030 98.326 0.031
201403 -0.080 99.695 -0.082
201406 0.110 100.560 0.111
201409 0.020 100.428 0.020
201412 -0.110 99.070 -0.113
201503 -0.010 99.621 -0.010
201506 0.130 100.684 0.132
201509 0.040 100.392 0.041
201512 -0.320 99.792 -0.327
201603 -0.100 100.470 -0.101
201606 0.050 101.688 0.050
201609 -0.590 101.861 -0.590

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


Accuride  (NYSE:ACW) 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.


Be Aware

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


Accuride E10 Related Terms

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


Accuride (Accuride) Business Description

Traded in Other Exchanges
N/A
Address
Accuride Corp is a Delaware corporation, and a corporation formed under the laws of the province of Ontario, Canada, and a wholly owned subsidiary of Accuride, were incorporated in November 1986 for the purpose of acquiring all of the assets and assuming certain of the liabilities of Firestone Steel Products, a division of The Firestone Tire & Rubber Company. The Company is one of the manufacturers and suppliers of commercial vehicle components in North America. Its products include commercial vehicle wheels, wheel-end components and assemblies, truck body and chassis parts, and ductile and gray iron castings. It markets its products under some of the recognized brand names in the industry, including Accuride, Gunite, Imperial, and Brillion. Its main product lines are standard equipment used by a majority of North American heavy- and medium-duty truck OEMs. The Company's business consists of three operating segments that design, manufacture, and distribute components for the commercial vehicle market, including heavy- and medium-duty trucks, commercial trailers, light trucks, buses, as well as specialty and military vehicles and their related aftermarket channels and for the global industrial, mining and construction markets. The Wheels segment's products consist of steel and aluminum wheels. The Gunite segment's products consist of wheel-end components and assemblies. The Brillion Iron Works segment's products consist of ductile, austempered ductile and gray iron castings, including engine and transmission components and industrial components. The Company designs, produces, and markets one of the broadest portfolios of commercial vehicle components in the industry. It classifies its products under several categories, including wheels, wheel-end components and assemblies, and ductile and gray iron castings. The Company markets its components to major North American heavy- and medium-duty truck and commercial trailer OEMs, as well as to the major aftermarket participants, including OEM dealer networks, wholesale distributors, and aftermarket buying groups. The Company's competitors in the wheel markets include Alcoa Inc. and Maxion Wheels. Its competitors in the wheel-ends and assemblies markets for heavy- and medium-duty trucks and commercial trailers are KIC Holdings, Inc., Meritor, Inc., Consolidated Metco Inc., and Webb Wheel Products Inc. The Company's registered trademark include Accuride, Brillion, and Gunite. The Company's operations, facilities, and properties are subject to extensive and evolving laws and regulations pertaining to air emissions, wastewater and stormwater discharges, the handling and disposal of solid and hazardous materials and wastes, the investigation and remediation of contamination, and otherwise relating to health, safety, and the protection of the environment and natural resources.
Executives
Richard F Dauch director, officer: President & CEO C/O SPARTAN MOTORS INC, 1541 REYNOLDS ROAD, CHARLOTTE MI 48813
Keith E Busse director 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
Lewis M Kling director 31515 BALLANTYNE CORP, C/O SPX CORP, CHARLOTTE NC 28277
Robin J Adams director 3850 HAMLIN RD., AUBURN HILLS MI 48326
Littlejohn Associates Iv, L.l.c. 10 percent owner 8 SOUND SHORE DRIVE, SUITE 303, GREENWICH CT 06830
Cetus Capital Ii, Llc 10 percent owner 8 SOUND SHORE DRIVE, SUITE 303, GREENWICH CT 06830
Littlejohn Fund Iv, L.p. 10 percent owner 8 SOUND SHORE DRIVE, GREENWICH CT 06830
Michael A Hajost officer: SVP/Chief Financial Officer C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612-4662
James R Rulseh director 5001 N SECOND STREET, ROCKFORD IL 61111
Coliseum Capital Management, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital Partners Ii, L.p. 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital Partners, L.p. 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Christopher S Shackelton 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Adam Gray 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853

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