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PACCAR (BUE:PCAR) E10 : ARS1,995.34 (As of Dec. 2024)


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What is PACCAR 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.

PACCAR's adjusted earnings per share data for the three months ended in Dec. 2024 was ARS5,029.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS1,995.34 for the trailing ten years ended in Dec. 2024.

During the past 12 months, PACCAR's average E10 Growth Rate was 13.00% per year. During the past 3 years, the average E10 Growth Rate was 16.10% per year. During the past 5 years, the average E10 Growth Rate was 13.90% per year. During the past 10 years, the average E10 Growth Rate was 10.50% 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 PACCAR was 22.30% per year. The lowest was -0.40% per year. And the median was 12.80% per year.

As of today (2025-03-24), PACCAR's current stock price is ARS41700.00. PACCAR's E10 for the quarter that ended in Dec. 2024 was ARS1,995.34. PACCAR's Shiller PE Ratio of today is 20.90.

During the past 13 years, the highest Shiller PE Ratio of PACCAR was 27.72. The lowest was 12.87. And the median was 20.09.


PACCAR E10 Historical Data

The historical data trend for PACCAR'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.

PACCAR E10 Chart

PACCAR 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 5.09 5.54 5.73 4.62 1,995.34

PACCAR Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.62 3.84 2,192.19 2,057.76 1,995.34

Competitive Comparison of PACCAR's E10

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.


PACCAR's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=5029.8/133.1571*133.1571
=5,029.800

Current CPI (Dec. 2024) = 133.1571.

PACCAR Quarterly Data

per share eps CPI Adj_EPS
201503 18.698 99.621 24.992
201506 22.898 100.684 30.283
201509 22.754 100.392 30.180
201512 25.368 99.792 33.850
201603 -49.362 100.470 -65.421
201606 38.304 101.688 50.158
201609 29.237 101.861 38.220
201612 25.998 101.863 33.985
201703 27.134 102.862 35.125
201706 34.955 103.349 45.037
201709 39.954 104.136 51.089
201712 63.777 104.011 81.649
201803 58.432 105.290 73.898
201806 79.309 106.317 99.331
201809 114.077 106.507 142.622
201812 124.427 105.998 156.308
201903 141.506 107.251 175.687
201906 159.057 108.070 195.981
201909 195.741 108.329 240.602
201912 182.907 108.420 224.639
202003 127.863 108.902 156.342
202006 58.876 108.767 72.078
202009 164.813 109.815 199.846
202012 190.429 109.897 230.734
202103 243.216 111.754 289.796
202106 269.033 114.631 312.512
202109 213.160 115.734 245.249
202112 296.911 117.630 336.105
202203 370.434 121.301 406.641
202206 494.556 125.017 526.758
202209 612.769 125.227 651.576
202212 885.192 125.222 941.287
202303 829.710 127.348 867.559
202306 1,677.600 128.729 1,735.311
202309 2,456.649 129.860 2,519.032
202312 2,924.100 129.419 3,008.550
202403 5,737.425 131.776 5,797.548
202406 5,722.245 132.554 5,748.289
202409 5,275.275 133.029 5,280.359
202412 5,029.800 133.157 5,029.800

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


PACCAR  (BUE:PCAR) 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.

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

Shiller PE Ratio=Share Price/E10
=41700.00/1995.34
=20.90

* 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 PACCAR was 27.72. The lowest was 12.87. And the median was 20.09.


Be Aware

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


PACCAR E10 Related Terms

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


PACCAR Business Description

Address
777-106th Avenue North East, Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt (primarily sold in the NAFTA region and Australia), and DAF trucks (sold in Europe and South America). The company's trucks are sold through more than 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.