GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gesco SE (FRA:GSC1) » Definitions » E10

Gesco SE (FRA:GSC1) E10 : €1.67 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Gesco 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.

Gesco SE's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gesco SE's average E10 Growth Rate was -2.90% per year. During the past 3 years, the average E10 Growth Rate was 5.00% per year. During the past 5 years, the average E10 Growth Rate was -10.80% 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 Gesco SE was 5.00% per year. The lowest was -26.10% per year. And the median was -1.20% per year.

As of today (2024-06-09), Gesco SE's current stock price is €17.75. Gesco SE's E10 for the quarter that ended in Mar. 2024 was €1.67. Gesco SE's Shiller PE Ratio of today is 10.63.

During the past 13 years, the highest Shiller PE Ratio of Gesco SE was 18.08. The lowest was 6.65. And the median was 11.53.


Gesco SE E10 Historical Data

The historical data trend for Gesco 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.

Gesco SE E10 Chart

Gesco SE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.47 1.48 1.59 1.67

Gesco SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.71 1.71 1.77 1.67 1.67

Competitive Comparison of Gesco SE's E10

For the Specialty Industrial Machinery subindustry, Gesco 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.


Gesco SE's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gesco SE's Shiller PE Ratio distribution charts can be found below:

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



Gesco 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, Gesco SE's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.16/125.0381*125.0381
=0.160

Current CPI (Mar. 2024) = 125.0381.

Gesco SE Quarterly Data

per share eps CPI Adj_EPS
201406 0.377 99.543 0.474
201409 0.173 99.823 0.217
201412 0.497 99.543 0.624
201503 0.190 99.717 0.238
201506 0.317 100.417 0.395
201509 0.480 100.417 0.598
201512 0.500 99.717 0.627
201603 0.317 100.017 0.396
201606 0.270 100.717 0.335
201609 0.220 101.017 0.272
201612 0.490 101.217 0.605
201703 -0.190 101.417 -0.234
201706 0.520 102.117 0.637
201709 0.450 102.717 0.548
201712 0.530 102.617 0.646
201803 -0.024 102.917 -0.029
201806 0.680 104.017 0.817
201809 0.550 104.718 0.657
201812 0.640 104.217 0.768
201903 0.260 104.217 0.312
201906 0.450 105.718 0.532
201909 0.350 106.018 0.413
201912 0.390 105.818 0.461
202003 0.040 105.718 0.047
202006 -1.640 106.618 -1.923
202009 0.440 105.818 0.520
202012 -0.410 105.518 -0.486
202103 0.370 107.518 0.430
202106 0.390 108.486 0.450
202109 0.640 109.435 0.731
202112 1.079 110.384 1.222
202203 0.810 113.968 0.889
202206 0.740 115.760 0.799
202209 0.880 118.818 0.926
202212 0.690 119.345 0.723
202303 0.620 122.402 0.633
202306 0.700 123.140 0.711
202309 0.480 124.195 0.483
202312 0.122 123.773 0.123
202403 0.160 125.038 0.160

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


Gesco SE  (FRA:GSC1) 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.

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

Shiller PE Ratio=Share Price/E10
=17.75/1.67
=10.63

* 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 Gesco SE was 18.08. The lowest was 6.65. And the median was 11.53.


Be Aware

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


Gesco SE E10 Related Terms

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


Gesco SE (FRA:GSC1) Business Description

Traded in Other Exchanges
Address
Johannisberg 7, Wuppertal, DEU, 42103
Gesco SE is an industrial goods manufacturer in Germany. The company acquires industrial small and medium-sized enterprises. It functions through three segments, Production Process Technology, Resource Technology and Healthcare and Infrastructure Technology. The Production Process Technology, Resource Technology segment offers products and services for various' production processes; the Resource Technology segment includes companies that supply material-intensive companies; and the Healthcare and Infrastructure segment supply companies in mass consumer markets such as the medical, hygiene, food or sanitary sectors.

Gesco SE (FRA:GSC1) Headlines

No Headlines