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Trinseo (FRA:3XD) E10 : €0.43 (As of Sep. 2024)


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What is Trinseo 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.

Trinseo's adjusted earnings per share data for the three months ended in Sep. 2024 was €-2.225. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.43 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Trinseo's average E10 Growth Rate was -72.90% per year. During the past 3 years, the average E10 Growth Rate was -29.30% 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 Trinseo was -29.30% per year. The lowest was -29.30% per year. And the median was -29.30% per year.

As of today (2024-12-12), Trinseo's current stock price is €5.75. Trinseo's E10 for the quarter that ended in Sep. 2024 was €0.43. Trinseo's Shiller PE Ratio of today is 13.37.

During the past 13 years, the highest Shiller PE Ratio of Trinseo was 26.83. The lowest was 2.89. And the median was 9.08.


Trinseo E10 Historical Data

The historical data trend for Trinseo'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.

Trinseo E10 Chart

Trinseo 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 - 2.20 3.50 2.58 0.90

Trinseo 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 1.64 0.90 0.60 0.61 0.43

Competitive Comparison of Trinseo's E10

For the Specialty Chemicals subindustry, Trinseo'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.


Trinseo's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Trinseo's Shiller PE Ratio distribution charts can be found below:

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



Trinseo 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, Trinseo'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)
=-2.225/133.0289*133.0289
=-2.225

Current CPI (Sep. 2024) = 133.0289.

Trinseo Quarterly Data

per share eps CPI Adj_EPS
201412 -0.495 99.070 -0.665
201503 0.711 99.621 0.949
201506 0.018 100.684 0.024
201509 0.944 100.392 1.251
201512 0.808 99.792 1.077
201603 1.401 100.470 1.855
201606 1.780 101.688 2.329
201609 1.274 101.861 1.664
201612 1.631 101.863 2.130
201703 2.422 102.862 3.132
201706 1.193 103.349 1.536
201709 0.621 104.136 0.793
201712 2.222 104.011 2.842
201803 2.198 105.290 2.777
201806 1.917 106.317 2.399
201809 1.474 106.507 1.841
201812 -0.018 105.998 -0.023
201903 0.761 107.251 0.944
201906 0.602 108.070 0.741
201909 0.508 108.329 0.624
201912 0.126 108.420 0.155
202003 -0.851 108.902 -1.040
202006 -2.984 108.767 -3.650
202009 2.335 109.815 2.829
202012 1.406 109.897 1.702
202103 1.520 111.754 1.809
202106 3.171 114.631 3.680
202109 2.006 115.734 2.306
202112 2.779 117.630 3.143
202203 0.400 121.301 0.439
202206 0.955 125.017 1.016
202209 -3.444 125.227 -3.659
202212 -9.855 125.222 -10.469
202303 -1.308 127.348 -1.366
202306 -9.165 128.729 -9.471
202309 -1.021 129.860 -1.046
202312 -6.905 129.419 -7.098
202403 -1.969 131.776 -1.988
202406 -1.784 132.554 -1.790
202409 -2.225 133.029 -2.225

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


Trinseo  (FRA:3XD) 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.

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

Shiller PE Ratio=Share Price/E10
=5.75/0.43
=13.37

* 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 Trinseo was 26.83. The lowest was 2.89. And the median was 9.08.


Be Aware

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


Trinseo E10 Related Terms

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


Trinseo Business Description

Traded in Other Exchanges
Address
440 East Swedesford Road, Suite 301, Wayne, PA, USA, 19087
Trinseo PLC is a materials company and manufacturer of latex and plastics products. The company's operating segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and plastics solutions. Majority of the revenue is generated from its Polystyrene segment which provides a variety of general purpose polystyrenes, and high impact polystyrene. These products provide customers with performance and aesthetics at a relatively low cost across applications, including appliances, packaging, including food packaging and food service disposables, consumer electronics and building and construction materials. Geographically, the company generates majority of the revenue from Europe and also has its presence in United States, Asia-Pacific and other regions.

Trinseo Headlines

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