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Mercedes-Benz Group AG (BUE:MBG GR) E10 : ARS5.88 (As of Mar. 2025)


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What is Mercedes-Benz Group AG 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.

Mercedes-Benz Group AG's adjusted earnings per share data for the three months ended in Mar. 2025 was ARS8,021.208. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS5.88 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Mercedes-Benz Group AG's average E10 Growth Rate was 1.90% per year. During the past 3 years, the average E10 Growth Rate was 9.80% per year. During the past 5 years, the average E10 Growth Rate was 12.60% per year. During the past 10 years, the average E10 Growth Rate was 11.40% 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 Mercedes-Benz Group AG was 17.60% per year. The lowest was -7.00% per year. And the median was 11.30% per year.

As of today (2025-07-15), Mercedes-Benz Group AG's current stock price is ARS28.75. Mercedes-Benz Group AG's E10 for the quarter that ended in Mar. 2025 was ARS5.88. Mercedes-Benz Group AG's Shiller PE Ratio of today is 4.89.

During the past 13 years, the highest Shiller PE Ratio of Mercedes-Benz Group AG was 16.37. The lowest was 2.82. And the median was 7.29.


Mercedes-Benz Group AG E10 Historical Data

The historical data trend for Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG E10 Chart

Mercedes-Benz Group AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.90 3.56 4.54 4.88 5.92

Mercedes-Benz Group AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.24 4.90 5.39 5.92 5.88

Competitive Comparison of Mercedes-Benz Group AG's E10

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG'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.


Mercedes-Benz Group AG's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Shiller PE Ratio falls into.


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Mercedes-Benz Group AG 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, Mercedes-Benz Group AG's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=8021.208/127.7792*127.7792
=8,021.208

Current CPI (Mar. 2025) = 127.7792.

Mercedes-Benz Group AG Quarterly Data

per share eps CPI Adj_EPS
201506 86.480 100.417 110.045
201509 94.129 100.417 119.778
201512 94.746 99.717 121.410
201603 81.965 100.017 104.717
201606 142.625 100.717 180.948
201609 162.728 101.017 205.840
201612 134.445 101.217 169.727
201703 157.633 101.417 198.608
201706 168.956 102.117 211.415
201709 167.925 102.717 208.897
201712 264.844 102.617 329.785
201803 210.683 102.917 261.578
201806 187.633 104.017 230.496
201809 271.377 104.718 331.142
201812 250.509 104.217 307.145
201903 346.289 104.217 424.579
201906 -250.404 105.718 -302.659
201909 396.656 106.018 478.075
201912 -26.566 105.818 -32.080
202003 24.691 105.718 29.844
202006 -576.668 106.618 -691.125
202009 668.073 105.818 806.726
202012 1,290.992 105.518 1,563.359
202103 1,720.099 107.518 2,044.244
202106 1,533.941 108.486 1,806.741
202109 1,062.926 109.435 1,241.104
202112 5,395.262 110.384 6,245.519
202203 1,541.995 113.968 1,728.860
202206 1,480.593 115.760 1,634.315
202209 2,014.087 118.818 2,165.992
202212 2,642.619 119.345 2,829.377
202303 3,121.882 122.402 3,259.018
202306 3,473.889 123.140 3,604.753
202309 5,139.074 124.195 5,287.402
202312 4,708.353 123.773 4,860.754
202403 10,476.304 125.038 10,705.967
202406 11,374.489 125.882 11,545.963
202409 7,637.758 126.198 7,733.468
202412 10,872.042 127.041 10,935.199
202503 8,021.208 127.779 8,021.208

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


Mercedes-Benz Group AG  (BUE:MBG GR) 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.

Mercedes-Benz Group AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.75/5.88
=4.89

* 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 Mercedes-Benz Group AG was 16.37. The lowest was 2.82. And the median was 7.29.


Be Aware

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


Mercedes-Benz Group AG E10 Related Terms

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


Mercedes-Benz Group AG Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2024, 14% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 59% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, each at just under 40% of 2024 vehicle sales followed by North America at 16%.

Mercedes-Benz Group AG Headlines

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