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Airbus SE (Airbus SE) E10 : $0.86 (As of Dec. 2023)


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What is Airbus SE 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.

Airbus SE's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.502. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Airbus SE's average E10 Growth Rate was 9.90% per year. During the past 3 years, the average E10 Growth Rate was 21.20% per year. During the past 5 years, the average E10 Growth Rate was 11.00% 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 Airbus SE was 21.20% per year. The lowest was -3.90% per year. And the median was 8.85% per year.

As of today (2024-04-29), Airbus SE's current stock price is $41.63. Airbus SE's E10 for the quarter that ended in Dec. 2023 was $0.86. Airbus SE's Shiller PE Ratio of today is 48.41.

During the past 13 years, the highest Shiller PE Ratio of Airbus SE was 71.28. The lowest was 26.37. And the median was 47.40.


Airbus SE E10 Historical Data

The historical data trend for Airbus SE'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.

Airbus SE E10 Chart

Airbus SE 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 0.55 0.53 0.64 0.75 0.86

Airbus SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.75 0.77 0.79 0.79 0.86

Competitive Comparison of Airbus SE's E10

For the Aerospace & Defense subindustry, Airbus SE'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.


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

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

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



Airbus SE 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, Airbus SE's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.502/126.4000*126.4000
=0.502

Current CPI (Dec. 2023) = 126.4000.

Airbus SE Quarterly Data

per share eps CPI Adj_EPS
201403 0.194 99.390 0.247
201406 0.302 99.240 0.385
201409 0.110 99.960 0.139
201412 0.370 99.050 0.472
201503 0.273 99.750 0.346
201506 0.261 100.230 0.329
201509 0.135 100.500 0.170
201512 0.275 99.730 0.349
201603 0.142 100.310 0.179
201606 0.492 100.260 0.620
201609 0.017 100.570 0.021
201612 -0.277 100.710 -0.348
201703 0.142 101.440 0.177
201706 0.247 101.370 0.308
201709 0.119 102.030 0.147
201712 0.367 101.970 0.455
201803 0.114 102.470 0.141
201806 0.079 103.100 0.097
201809 0.359 103.950 0.437
201812 0.583 103.970 0.709
201903 0.014 105.370 0.017
201906 0.418 105.840 0.499
201909 0.350 106.700 0.415
201912 -1.267 106.800 -1.500
202003 -0.169 106.850 -0.200
202006 -0.518 107.510 -0.609
202009 -0.289 107.880 -0.339
202012 0.602 107.850 0.706
202103 0.137 108.870 0.159
202106 0.717 109.670 0.826
202109 0.150 110.790 0.171
202112 0.565 114.010 0.626
202203 0.427 119.460 0.452
202206 0.230 119.050 0.244
202209 0.210 126.890 0.209
202212 0.564 124.940 0.571
202303 0.158 124.720 0.160
202306 0.363 125.830 0.365
202309 0.272 127.160 0.270
202312 0.502 126.400 0.502

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


Airbus SE  (OTCPK:EADSY) 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.

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

Shiller PE Ratio=Share Price/E10
=41.63/0.86
=48.41

* 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 Airbus SE was 71.28. The lowest was 26.37. And the median was 47.40.


Be Aware

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


Airbus SE E10 Related Terms

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


Airbus SE (Airbus SE) Business Description

Address
P.O. Box 32008, Leiden, ZH, NLD, 2303 DA
Airbus is a major aerospace and defense firm. It designs, develops, and manufactures commercial and military aircraft, as well as space launch vehicles and satellites. The company operates three divisions: commercial, defense and space, and helicopters. Commercial offers aircraft ranging from narrow-body (120-200 seats) A220 and A320 series to much larger A330 and A350 wide body models. The defense and space segment supplies governments with military hardware, including transport aircraft, aerial tankers, and fighter aircraft (Eurofighter). The helicopter division manufactures turbine helicopters for the civil and public markets.

Airbus SE (Airbus SE) Headlines

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