GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Subaru Corp (FRA:FUH) » Definitions » E10

Subaru (FRA:FUH) E10 : €2.04 (As of Dec. 2024)


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

What is Subaru 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.

Subaru's adjusted earnings per share data for the three months ended in Dec. 2024 was €1.302. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.04 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Subaru's average E10 Growth Rate was 11.60% per year. During the past 3 years, the average E10 Growth Rate was 6.60% per year. During the past 5 years, the average E10 Growth Rate was 5.40% 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 Subaru was 11.40% per year. The lowest was 3.50% per year. And the median was 7.25% per year.

As of today (2025-03-14), Subaru's current stock price is €16.90. Subaru's E10 for the quarter that ended in Dec. 2024 was €2.04. Subaru's Shiller PE Ratio of today is 8.28.

During the past 13 years, the highest Shiller PE Ratio of Subaru was 31.54. The lowest was 6.70. And the median was 10.44.


Subaru E10 Historical Data

The historical data trend for Subaru'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.

Subaru E10 Chart

Subaru Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 1.94 1.93 1.91 1.86

Subaru 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 1.90 1.86 1.81 2.00 2.04

Competitive Comparison of Subaru's E10

For the Auto Manufacturers subindustry, Subaru'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.


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

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

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



Subaru 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, Subaru'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)
=1.302/110.7000*110.7000
=1.302

Current CPI (Dec. 2024) = 110.7000.

Subaru Quarterly Data

per share eps CPI Adj_EPS
201503 0.703 97.900 0.795
201506 0.777 98.400 0.874
201509 1.036 98.500 1.164
201512 1.398 98.100 1.578
201603 1.007 97.900 1.139
201606 0.854 98.100 0.964
201609 0.962 98.000 1.087
201612 0.466 98.400 0.524
201703 0.807 98.100 0.911
201706 0.862 98.500 0.969
201709 0.026 98.800 0.029
201712 0.662 99.400 0.737
201803 0.673 99.200 0.751
201806 0.481 99.200 0.537
201809 -0.043 99.900 -0.048
201812 0.767 99.700 0.852
201903 0.242 99.700 0.269
201906 0.710 99.800 0.788
201909 0.020 100.100 0.022
201912 0.467 100.500 0.514
202003 0.448 100.300 0.494
202006 -0.083 99.900 -0.092
202009 0.329 99.900 0.365
202012 0.521 99.300 0.581
202103 0.023 99.900 0.025
202106 0.182 99.500 0.202
202109 0.264 100.100 0.292
202112 0.183 100.100 0.202
202203 0.071 101.100 0.078
202206 0.251 101.800 0.273
202209 0.465 103.100 0.499
202212 0.698 104.100 0.742
202303 0.419 104.400 0.444
202306 0.626 105.200 0.659
202309 0.651 106.200 0.679
202312 1.253 106.800 1.299
202403 0.704 107.200 0.727
202406 0.660 108.200 0.675
202409 0.674 108.900 0.685
202412 1.302 110.700 1.302

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


Subaru  (FRA:FUH) 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.

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

Shiller PE Ratio=Share Price/E10
=16.90/2.04
=8.28

* 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 Subaru was 31.54. The lowest was 6.70. And the median was 10.44.


Be Aware

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


Subaru E10 Related Terms

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


Subaru Business Description

Traded in Other Exchanges
Address
Ebisu Subaru Building, 1-20-8, Ebisu, Shibuya-ku, Tokyo, JPN, 150-8554
Subaru Corp is a Japan-based company engaged in the automobile manufacturing business. The company is split into three segments: Automotive Business Unit, Aerospace Company, and Other Businesses. The Automotive Business, which constitutes the vast majority of the company's revenue, manufactures, repairs, and sells passenger cars and their components under the Subaru brand. The Aerospace Company includes airplanes and aerospace-related machinery and components. The Other Businesses segment consists of Industrial product, and real estate lease, among others. A vast majority of the sales is derived from North America.

Subaru Headlines

No Headlines