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Nucor (BSP:N1UE34) E10 : R$5.16 (As of Sep. 2024)


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What is Nucor 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.

Nucor's adjusted earnings per share data for the three months ended in Sep. 2024 was R$0.485. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$5.16 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Nucor's average E10 Growth Rate was 10.00% per year. During the past 3 years, the average E10 Growth Rate was 49.00% per year. During the past 5 years, the average E10 Growth Rate was 37.90% per year. During the past 10 years, the average E10 Growth Rate was 12.20% 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 Nucor was 49.00% per year. The lowest was -10.50% per year. And the median was 12.10% per year.

As of today (2024-12-11), Nucor's current stock price is R$71.96. Nucor's E10 for the quarter that ended in Sep. 2024 was R$5.16. Nucor's Shiller PE Ratio of today is 13.95.

During the past 13 years, the highest Shiller PE Ratio of Nucor was 32.27. The lowest was 10.56. And the median was 18.61.


Nucor E10 Historical Data

The historical data trend for Nucor'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.

Nucor E10 Chart

Nucor 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 - 1.38 2.55 3.98 4.25

Nucor Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.25 4.25 4.55 5.03 5.16

Competitive Comparison of Nucor's E10

For the Steel subindustry, Nucor'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.


Nucor's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nucor's Shiller PE Ratio distribution charts can be found below:

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



Nucor 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, Nucor's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.485/133.0289*133.0289
=0.485

Current CPI (Sep. 2024) = 133.0289.

Nucor Quarterly Data

per share eps CPI Adj_EPS
201412 0.143 99.070 0.192
201503 0.055 99.621 0.073
201506 0.101 100.684 0.133
201509 0.231 100.392 0.306
201512 -0.061 99.792 -0.081
201603 0.083 100.470 0.110
201606 0.217 101.688 0.284
201609 0.258 101.861 0.337
201612 0.140 101.863 0.183
201703 0.289 102.862 0.374
201706 0.275 103.349 0.354
201709 0.206 104.136 0.263
201712 0.329 104.011 0.421
201803 0.301 105.290 0.380
201806 0.669 106.317 0.837
201809 0.729 106.507 0.911
201812 0.670 105.998 0.841
201903 0.522 107.251 0.647
201906 0.405 108.070 0.499
201909 0.309 108.329 0.379
201912 0.120 108.420 0.147
202003 0.029 108.902 0.035
202006 0.156 108.767 0.191
202009 0.283 109.815 0.343
202012 0.557 109.897 0.674
202103 1.456 111.754 1.733
202106 2.112 114.631 2.451
202109 3.203 115.734 3.682
202112 3.756 117.630 4.248
202203 3.181 121.301 3.489
202206 4.068 125.017 4.329
202209 2.840 125.227 3.017
202212 2.138 125.222 2.271
202303 1.932 127.348 2.018
202306 2.350 128.729 2.429
202309 1.881 129.860 1.927
202312 1.290 129.419 1.326
202403 1.436 131.776 1.450
202406 1.203 132.554 1.207
202409 0.485 133.029 0.485

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


Nucor  (BSP:N1UE34) 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.

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

Shiller PE Ratio=Share Price/E10
=71.96/5.16
=13.95

* 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 Nucor was 32.27. The lowest was 10.56. And the median was 18.61.


Be Aware

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


Nucor E10 Related Terms

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


Nucor Business Description

Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

Nucor Headlines

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