GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Continental AG (OTCPK:CTTAF) » Definitions » E10

CTTAF (Continental AG) E10 : $8.62 (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Continental 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.

Continental AG's adjusted earnings per share data for the three months ended in Sep. 2024 was $2.697. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $8.62 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Continental AG's average E10 Growth Rate was -8.30% per year. During the past 3 years, the average E10 Growth Rate was -1.00% per year. During the past 5 years, the average E10 Growth Rate was -1.40% 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 Continental AG was 16.20% per year. The lowest was -2.80% per year. And the median was 7.10% per year.

As of today (2025-03-15), Continental AG's current stock price is $75.00. Continental AG's E10 for the quarter that ended in Sep. 2024 was $8.62. Continental AG's Shiller PE Ratio of today is 8.70.

During the past 13 years, the highest Shiller PE Ratio of Continental AG was 36.53. The lowest was 5.12. And the median was 11.29.


Continental AG E10 Historical Data

The historical data trend for Continental 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.

Continental AG E10 Chart

Continental AG 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 12.01 12.10 10.87 9.39 9.55

Continental AG 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 9.24 9.55 9.01 8.42 8.62

Competitive Comparison of Continental AG's E10

For the Auto Parts subindustry, Continental 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.


Continental AG's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

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



Continental 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, Continental AG'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)
=2.697/126.1978*126.1978
=2.697

Current CPI (Sep. 2024) = 126.1978.

Continental AG Quarterly Data

per share eps CPI Adj_EPS
201412 3.564 99.543 4.518
201503 3.550 99.717 4.493
201506 4.444 100.417 5.585
201509 3.569 100.417 4.485
201512 3.508 99.717 4.440
201603 4.087 100.017 5.157
201606 5.079 100.717 6.364
201609 2.132 101.017 2.663
201612 4.135 101.217 5.156
201703 4.011 101.417 4.991
201706 4.191 102.117 5.179
201709 4.338 102.717 5.330
201712 4.497 102.617 5.530
201803 4.550 102.917 5.579
201806 4.801 104.017 5.825
201809 3.652 104.718 4.401
201812 4.050 104.217 4.904
201903 3.254 104.217 3.940
201906 2.734 105.718 3.264
201909 -10.936 106.018 -13.018
201912 -1.667 105.818 -1.988
202003 1.613 105.718 1.925
202006 -4.167 106.618 -4.932
202009 -4.240 105.818 -5.057
202012 1.253 105.518 1.499
202103 2.667 107.518 3.130
202106 3.277 108.486 3.812
202109 1.824 109.435 2.103
202112 0.757 110.384 0.865
202203 1.322 113.968 1.464
202206 -1.332 115.760 -1.452
202209 -1.040 118.818 -1.105
202212 1.525 119.345 1.613
202303 2.045 122.402 2.108
202306 1.127 123.140 1.155
202309 1.590 124.195 1.616
202312 1.450 123.773 1.478
202403 -0.293 125.038 -0.296
202406 1.636 125.882 1.640
202409 2.697 126.198 2.697

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


Continental AG  (OTCPK:CTTAF) 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.

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

Shiller PE Ratio=Share Price/E10
=75.00/8.62
=8.70

* 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 Continental AG was 36.53. The lowest was 5.12. And the median was 11.29.


Be Aware

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


Continental AG E10 Related Terms

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


Continental AG Business Description

Address
Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, DEU, 30175
Continental is a global auto supplier and tiremaker. Operating segments include the automotive group (electrical architecture and networking, autonomous mobility, safety and motion, smart mobility, and user experience), tires, and ContiTech which uses rubber in industrial and automotive components and systems. Last year, automotive group revenue was around 49% of the total, tire was 34%, ContiTech was 16%, and contract manufacturing for Vitesco was 1%. The top five customers include Ford, Mercedes-Benz, the Renault-Nissan-Mitsubishi alliance, Stellantis, and Volkswagen, representing about 34% of total revenue. Europe, at 49% of total revenue, is the company's largest market, followed by North America at 27%, Asia (mostly China) at 21%, and 4% in other regions.

Continental AG Headlines

From GuruFocus

Continental AG Capital Market Day Transcript

By GuruFocus Research 02-13-2024

Q3 2023 Continental AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Q1 2022 Continental AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Q1 2023 Continental AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Q3 2020 Continental AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Q4 2020 Continental AG Earnings Call Transcript

By GuruFocus Research 02-13-2024

Q1 2020 Continental AG Earnings Call Transcript

By GuruFocus Research 02-13-2024