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Elekta AB (CHIX:EKTABS) E10 : kr3.16 (As of Oct. 2024)


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What is Elekta AB 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.

Elekta AB's adjusted earnings per share data for the three months ended in Oct. 2024 was kr0.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr3.16 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Elekta AB's average E10 Growth Rate was -1.40% per year. During the past 3 years, the average E10 Growth Rate was 3.10% per year. During the past 5 years, the average E10 Growth Rate was 3.00% 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 Elekta AB was 3.50% per year. The lowest was 0.10% per year. And the median was 2.90% per year.

As of today (2024-12-11), Elekta AB's current stock price is kr69.875. Elekta AB's E10 for the quarter that ended in Oct. 2024 was kr3.16. Elekta AB's Shiller PE Ratio of today is 22.11.

During the past 13 years, the highest Shiller PE Ratio of Elekta AB was 56.15. The lowest was 19.84. And the median was 36.55.


Elekta AB E10 Historical Data

The historical data trend for Elekta AB'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.

Elekta AB E10 Chart

Elekta AB Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 2.64 2.74 2.72 2.72

Elekta AB Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 2.97 3.10 2.72 2.89 3.16

Competitive Comparison of Elekta AB's E10

For the Medical Devices subindustry, Elekta AB'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.


Elekta AB's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elekta AB's Shiller PE Ratio distribution charts can be found below:

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



Elekta AB 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, Elekta AB's adjusted earnings per share data for the three months ended in Oct. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=0.55/132.6043*132.6043
=0.550

Current CPI (Oct. 2024) = 132.6043.

Elekta AB Quarterly Data

per share eps CPI Adj_EPS
201501 0.390 99.172 0.521
201504 0.900 99.941 1.194
201507 -0.340 100.027 -0.451
201510 0.490 100.301 0.648
201601 0.010 99.931 0.013
201604 0.200 100.732 0.263
201607 -0.170 101.080 -0.223
201610 0.140 101.485 0.183
201701 0.110 101.326 0.144
201704 0.250 102.615 0.323
201707 0.520 103.301 0.668
201710 0.800 103.202 1.028
201801 0.900 102.925 1.160
201804 1.320 104.390 1.677
201807 0.430 105.420 0.541
201810 0.750 105.545 0.942
201901 0.550 104.855 0.696
201904 1.410 106.627 1.754
201907 0.380 107.166 0.470
201910 0.580 107.243 0.717
202001 0.810 106.215 1.011
202004 1.070 106.240 1.336
202007 0.570 107.731 0.702
202010 0.980 107.539 1.208
202101 0.840 107.897 1.032
202104 0.890 108.624 1.086
202107 0.330 109.218 0.401
202110 1.000 110.562 1.199
202201 0.600 111.876 0.711
202204 1.090 115.534 1.251
202207 0.160 118.489 0.179
202210 0.320 122.561 0.346
202301 0.560 124.942 0.594
202304 1.430 127.632 1.486
202307 0.620 129.464 0.635
202310 0.900 130.549 0.914
202401 0.800 131.720 0.805
202404 1.090 132.601 1.090
202407 0.180 132.831 0.180
202410 0.550 132.604 0.550

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


Elekta AB  (CHIX:EKTABs) 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.

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

Shiller PE Ratio=Share Price/E10
=69.875/3.16
=22.11

* 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 Elekta AB was 56.15. The lowest was 19.84. And the median was 36.55.


Be Aware

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


Elekta AB E10 Related Terms

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


Elekta AB Business Description

Address
Kungstensgatan 18, Box 7593, Stockholm, SWE, SE-103 93
Sweden-based Elekta develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. The company has an installed base of more than 7,000 linear accelerators, Gamma Knife and Unity platforms, as well as brachytherapy installations. The company's sales are evenly distributed across geographies, with North and South America accounting for 31%; Europe, the Middle East, and Africa accounting for 35%; and the Asia-Pacific contributing the remainder.

Elekta AB Headlines

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