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Bang & Olufsen A/S (FRA:BUOB) E10 : €-0.21 (As of Feb. 2024)


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What is Bang & Olufsen A/S 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.

Bang & Olufsen A/S's adjusted earnings per share data for the three months ended in Feb. 2024 was €0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.21 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average E10 Growth Rate was -7.80% 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 Bang & Olufsen A/S was -7.80% per year. The lowest was -76.20% per year. And the median was -42.00% per year.

As of today (2024-05-01), Bang & Olufsen A/S's current stock price is €1.238. Bang & Olufsen A/S's E10 for the quarter that ended in Feb. 2024 was €-0.21. Bang & Olufsen A/S's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Bang & Olufsen A/S was 40.44. The lowest was 11.01. And the median was 22.47.


Bang & Olufsen A/S E10 Historical Data

The historical data trend for Bang & Olufsen A/S'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.

Bang & Olufsen A/S E10 Chart

Bang & Olufsen A/S Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.19 - -0.24 -0.24

Bang & Olufsen A/S Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.23 -0.24 -0.22 -0.22 -0.21

Competitive Comparison of Bang & Olufsen A/S's E10

For the Consumer Electronics subindustry, Bang & Olufsen A/S'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.


Bang & Olufsen A/S's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bang & Olufsen A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bang & Olufsen A/S's Shiller PE Ratio falls into.



Bang & Olufsen A/S 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, Bang & Olufsen A/S's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.003/116.7000*116.7000
=0.003

Current CPI (Feb. 2024) = 116.7000.

Bang & Olufsen A/S Quarterly Data

per share eps CPI Adj_EPS
201405 0.078 99.700 0.091
201408 -0.162 99.400 -0.190
201411 -0.102 99.600 -0.120
201502 0.024 99.800 0.028
201505 0.306 100.400 0.356
201508 -0.120 100.000 -0.140
201511 -0.012 99.900 -0.014
201602 0.000 100.100 0.000
201605 -0.150 100.500 -0.174
201608 -0.090 100.200 -0.105
201611 0.030 100.300 0.035
201702 0.006 101.100 0.007
201705 -0.108 101.300 -0.124
201708 -0.078 101.700 -0.090
201711 0.078 101.600 0.090
201802 0.036 101.700 0.041
201805 0.072 102.400 0.082
201808 -0.006 102.700 -0.007
201811 0.096 102.400 0.109
201902 0.024 102.800 0.027
201905 -0.066 103.100 -0.075
201908 -0.156 103.100 -0.177
201911 -0.201 103.100 -0.228
202002 -0.897 103.600 -1.010
202005 -0.196 103.100 -0.222
202008 -0.054 103.600 -0.061
202011 0.013 103.600 0.015
202102 0.013 104.200 0.015
202105 0.000 104.900 0.000
202108 0.001 105.500 0.001
202111 0.013 107.100 0.014
202202 -0.013 109.200 -0.014
202205 -0.028 112.700 -0.029
202208 -0.107 114.900 -0.109
202211 0.003 116.600 0.003
202302 -0.067 117.500 -0.067
202305 -0.040 116.000 -0.040
202308 0.013 117.700 0.013
202311 0.013 117.300 0.013
202402 0.003 116.700 0.003

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


Bang & Olufsen A/S  (FRA:BUOB) 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.

During the past 13 years, the highest Shiller P/E Ratio of Bang & Olufsen A/S was 40.44. The lowest was 11.01. And the median was 22.47.


Be Aware

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


Bang & Olufsen A/S E10 Related Terms

Thank you for viewing the detailed overview of Bang & Olufsen A/S's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Bang & Olufsen A/S (FRA:BUOB) Business Description

Traded in Other Exchanges
Address
Bang og Olufsen Alle 1, Struer, DNK, DK-7600
Bang & Olufsen A/S designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, and multimedia products. Geographically, it derives a majority of its revenue from Europe, the Middle East, and Africa (EMEA) and also has a presence in the Americas and Asia. It generates maximum revenue from the Staged product category followed by On-the-go; Flexible Living Brand Partnering and other activities.

Bang & Olufsen A/S (FRA:BUOB) Headlines

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