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CAE (CAE) E10 : $0.55 (As of Dec. 2024)


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What is CAE 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.

CAE's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.372. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.55 for the trailing ten years ended in Dec. 2024.

During the past 12 months, CAE's average E10 Growth Rate was -16.00% per year. During the past 3 years, the average E10 Growth Rate was -4.40% per year. During the past 5 years, the average E10 Growth Rate was -2.10% per year. During the past 10 years, the average E10 Growth Rate was 4.50% 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 CAE was 22.40% per year. The lowest was -5.10% per year. And the median was 5.55% per year.

As of today (2025-03-04), CAE's current stock price is $23.86. CAE's E10 for the quarter that ended in Dec. 2024 was $0.55. CAE's Shiller PE Ratio of today is 43.38.

During the past 13 years, the highest Shiller PE Ratio of CAE was 48.09. The lowest was 16.88. And the median was 30.97.


CAE E10 Historical Data

The historical data trend for CAE'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.

CAE E10 Chart

CAE Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.69 0.71 0.69 0.56

CAE 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 0.71 0.56 0.56 0.56 0.55

Competitive Comparison of CAE's E10

For the Aerospace & Defense subindustry, CAE'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.


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

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

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



CAE 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, CAE'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)
=0.372/127.3637*127.3637
=0.372

Current CPI (Dec. 2024) = 127.3637.

CAE Quarterly Data

per share eps CPI Adj_EPS
201503 0.190 99.789 0.243
201506 0.137 100.500 0.174
201509 0.196 100.421 0.249
201512 0.153 99.947 0.195
201603 0.166 101.054 0.209
201606 0.194 102.002 0.242
201609 0.137 101.765 0.171
201612 0.187 101.449 0.235
201703 0.179 102.634 0.222
201706 0.165 103.029 0.204
201709 0.179 103.345 0.221
201712 0.415 103.345 0.511
201803 0.232 105.004 0.281
201806 0.198 105.557 0.239
201809 0.176 105.636 0.212
201812 0.216 105.399 0.261
201903 0.344 106.979 0.410
201906 0.173 107.690 0.205
201909 0.211 107.611 0.250
201912 0.281 107.769 0.332
202003 0.208 107.927 0.245
202006 -0.310 108.401 -0.364
202009 -0.015 108.164 -0.018
202012 0.141 108.559 0.165
202103 0.056 110.298 0.065
202106 0.131 111.720 0.149
202109 0.032 112.905 0.036
202112 0.063 113.774 0.071
202203 0.134 117.646 0.145
202206 0.008 120.806 0.008
202209 0.105 120.648 0.111
202212 0.184 120.964 0.194
202303 0.227 122.702 0.236
202306 0.151 124.203 0.155
202309 0.133 125.230 0.135
202312 0.127 125.072 0.129
202403 -1.123 126.258 -1.133
202406 0.109 127.522 0.109
202409 0.118 127.285 0.118
202412 0.372 127.364 0.372

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


CAE  (NYSE:CAE) 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.

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

Shiller PE Ratio=Share Price/E10
=23.86/0.55
=43.38

* 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 CAE was 48.09. The lowest was 16.88. And the median was 30.97.


Be Aware

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


CAE E10 Related Terms

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


CAE Business Description

Traded in Other Exchanges
Address
8585 Cote de Liesse, Saint-Laurent, QC, CAN, H4T 1G6
CAE Inc provides training and aviation services, integrated enterprise solutions, in-service support, and crew-sourcing services. The company operations are managed through two segments: Civil Aviation which offers comprehensive training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training, and crew sourcing services, as well as aircraft flight operations solutions; and Defense and Security which is a global training and simulation provider delivering scalable, platform-independent solutions that enable and enhance force readiness and security. It generates the majority of its revenue from the Civil Aviation segment.