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Curtiss-Wright (FRA:CWT) E10 : €7.17 (As of Dec. 2024)


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What is Curtiss-Wright 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.

Curtiss-Wright's adjusted earnings per share data for the three months ended in Dec. 2024 was €2.951. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €7.17 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Curtiss-Wright's average E10 Growth Rate was 14.60% per year. During the past 3 years, the average E10 Growth Rate was 14.30% per year. During the past 5 years, the average E10 Growth Rate was 13.30% per year. During the past 10 years, the average E10 Growth Rate was 12.00% 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 Curtiss-Wright was 15.90% per year. The lowest was 4.80% per year. And the median was 12.40% per year.

As of today (2025-04-17), Curtiss-Wright's current stock price is €280.00. Curtiss-Wright's E10 for the quarter that ended in Dec. 2024 was €7.17. Curtiss-Wright's Shiller PE Ratio of today is 39.05.

During the past 13 years, the highest Shiller PE Ratio of Curtiss-Wright was 54.12. The lowest was 19.31. And the median was 31.56.


Curtiss-Wright E10 Historical Data

The historical data trend for Curtiss-Wright'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.

Curtiss-Wright E10 Chart

Curtiss-Wright Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.40 4.32 5.28 5.77 7.17

Curtiss-Wright Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.77 6.22 6.46 6.29 7.17

Competitive Comparison of Curtiss-Wright's E10

For the Aerospace & Defense subindustry, Curtiss-Wright'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.


Curtiss-Wright's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Curtiss-Wright's Shiller PE Ratio falls into.


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Curtiss-Wright 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, Curtiss-Wright's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.951/133.1571*133.1571
=2.951

Current CPI (Dec. 2024) = 133.1571.

Curtiss-Wright Quarterly Data

per share eps CPI Adj_EPS
201503 0.305 99.621 0.408
201506 0.472 100.684 0.624
201509 0.633 100.392 0.840
201512 1.386 99.792 1.849
201603 0.656 100.470 0.869
201606 0.783 101.688 1.025
201609 0.909 101.861 1.188
201612 1.450 101.863 1.895
201703 0.683 102.862 0.884
201706 1.006 103.349 1.296
201709 1.200 104.136 1.534
201712 1.284 104.011 1.644
201803 0.795 105.290 1.005
201806 1.438 106.317 1.801
201809 1.440 106.507 1.800
201812 1.661 105.998 2.087
201903 1.142 107.251 1.418
201906 1.646 108.070 2.028
201909 1.743 108.329 2.142
201912 1.872 108.420 2.299
202003 1.095 108.902 1.339
202006 0.657 108.767 0.804
202009 1.316 109.815 1.596
202012 1.069 109.897 1.295
202103 1.218 111.754 1.451
202106 1.237 114.631 1.437
202109 1.445 115.734 1.663
202112 1.717 117.630 1.944
202203 0.953 121.301 1.046
202206 1.731 125.017 1.844
202209 1.929 125.227 2.051
202212 2.662 125.222 2.831
202303 1.382 127.348 1.445
202306 1.938 128.729 2.005
202309 2.352 129.860 2.412
202312 2.852 129.419 2.934
202403 1.831 131.776 1.850
202406 2.397 132.554 2.408
202409 2.604 133.029 2.607
202412 2.951 133.157 2.951

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


Curtiss-Wright  (FRA:CWT) 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.

Curtiss-Wright's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=280.00/7.17
=39.05

* 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 Curtiss-Wright was 54.12. The lowest was 19.31. And the median was 31.56.


Be Aware

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


Curtiss-Wright E10 Related Terms

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


Curtiss-Wright Business Description

Traded in Other Exchanges
Address
130 Harbour Place Drive, Suite 300, Davidson, NC, USA, 28036
Curtiss-Wright Corporation delivers engineered products and services to commercial, defence, power generation, and other industrial markets. It offers industrial vehicle components, control systems, weapons handling systems, pumps, valves, and other solutions. The company has three reportable segments based on the markets serviced: Naval & Power, which provides coolant pumps, power-dense compact motors, generators, secondary propulsion systems, pumps, pump seals, valves, control rod drive mechanisms, and fastening systems that also generate maximum revenue for the company; Its others segments are Aerospace & Industrial and Defense Electronics. Geographically, the company generates its key revenue from the United States of America, followed by the United Kingdom and other countries.