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Getinge AB (FRA:GTN) E10 : €0.68 (As of Sep. 2024)


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What is Getinge AB 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.

Getinge AB's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.68 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Getinge AB's average E10 Growth Rate was -1.50% per year. During the past 3 years, the average E10 Growth Rate was 4.10% per year. During the past 5 years, the average E10 Growth Rate was 3.00% 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 Getinge AB was 5.00% per year. The lowest was 0.90% per year. And the median was 4.10% per year.

As of today (2024-12-14), Getinge AB's current stock price is €14.82. Getinge AB's E10 for the quarter that ended in Sep. 2024 was €0.68. Getinge AB's Shiller PE Ratio of today is 21.79.

During the past 13 years, the highest Shiller PE Ratio of Getinge AB was 59.74. The lowest was 9.83. And the median was 27.54.


Getinge AB E10 Historical Data

The historical data trend for Getinge AB'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.

Getinge AB E10 Chart

Getinge AB 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 0.62 0.67 0.68 0.68 0.68

Getinge AB 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 0.67 0.68 0.69 0.69 0.68

Competitive Comparison of Getinge AB's E10

For the Medical Devices subindustry, Getinge AB'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.


Getinge AB's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Getinge AB's Shiller PE Ratio distribution charts can be found below:

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



Getinge AB 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, Getinge AB'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)
=0.001/132.3043*132.3043
=0.001

Current CPI (Sep. 2024) = 132.3043.

Getinge AB Quarterly Data

per share eps CPI Adj_EPS
201412 0.419 100.225 0.553
201503 0.039 99.950 0.052
201506 0.072 99.995 0.095
201509 0.073 100.228 0.096
201512 0.410 100.276 0.541
201603 0.047 100.751 0.062
201606 0.094 101.019 0.123
201609 -0.038 101.138 -0.050
201612 0.402 102.022 0.521
201703 0.121 102.022 0.157
201706 0.001 102.752 0.001
201709 0.021 103.279 0.027
201712 0.417 103.793 0.532
201803 -0.111 103.962 -0.141
201806 0.029 104.875 0.037
201809 -0.512 105.679 -0.641
201812 0.255 105.912 0.319
201903 0.002 105.886 0.002
201906 0.036 106.742 0.045
201909 0.071 107.214 0.088
201912 0.317 107.766 0.389
202003 0.092 106.563 0.114
202006 0.173 107.498 0.213
202009 0.486 107.635 0.597
202012 0.394 108.296 0.481
202103 0.232 108.360 0.283
202106 0.290 108.928 0.352
202109 0.273 110.338 0.327
202112 0.276 112.486 0.325
202203 0.186 114.825 0.214
202206 0.208 118.384 0.232
202209 0.271 122.296 0.293
202212 0.186 126.365 0.195
202303 0.192 127.042 0.200
202306 0.068 129.407 0.070
202309 0.277 130.224 0.281
202312 0.236 131.912 0.237
202403 0.149 132.205 0.149
202406 0.167 132.716 0.166
202409 0.001 132.304 0.001

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


Getinge AB  (FRA:GTN) 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.

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

Shiller PE Ratio=Share Price/E10
=14.82/0.68
=21.79

* 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 Getinge AB was 59.74. The lowest was 9.83. And the median was 27.54.


Be Aware

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


Getinge AB E10 Related Terms

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


Getinge AB Business Description

Traded in Other Exchanges
Address
Lindholmspiren 7A, P.O. Box 8861, Gothenburg, SWE, SE-417 56
Getinge, headquartered in Gothenburg, Sweden, manufactures a wide range of products for use in acute care, surgical, and life sciences in the hospital, pharmaceutical, and research settings. The company reports in three segments: acute care therapies (52% of revenue), surgical workflows (34%), and life sciences (14%). Product areas include ventilators, surgical stents, life support systems, sterilizers, surgical tables, and sterile transfer systems. Getinge derives revenue from a broad geographic footprint, with the Americas accounting for 45% of sales (U.S. 33% of sales), Asia-Pacific 25%, and Europe, Middle East, and Africa the remaining 30%.