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Park Aerospace (FRA:PKE) E10 : €1.18 (As of Nov. 2024)


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What is Park Aerospace 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.

Park Aerospace's adjusted earnings per share data for the three months ended in Nov. 2024 was €0.075. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.18 for the trailing ten years ended in Nov. 2024.

During the past 12 months, Park Aerospace's average E10 Growth Rate was 37.60% per year. During the past 3 years, the average E10 Growth Rate was 9.60% per year. During the past 5 years, the average E10 Growth Rate was -0.20% 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 Park Aerospace was 31.00% per year. The lowest was -23.70% per year. And the median was 7.60% per year.

As of today (2025-03-17), Park Aerospace's current stock price is €12.00. Park Aerospace's E10 for the quarter that ended in Nov. 2024 was €1.18. Park Aerospace's Shiller PE Ratio of today is 10.17.

During the past 13 years, the highest Shiller PE Ratio of Park Aerospace was 27.65. The lowest was 8.72. And the median was 13.99.


Park Aerospace E10 Historical Data

The historical data trend for Park Aerospace'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.

Park Aerospace E10 Chart

Park Aerospace Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.84 0.88 0.91 1.20

Park Aerospace Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.86 1.20 1.19 1.16 1.18

Competitive Comparison of Park Aerospace's E10

For the Aerospace & Defense subindustry, Park Aerospace'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.


Park Aerospace's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

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



Park Aerospace 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, Park Aerospace's adjusted earnings per share data for the three months ended in Nov. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=0.075/133.1099*133.1099
=0.075

Current CPI (Nov. 2024) = 133.1099.

Park Aerospace Quarterly Data

per share eps CPI Adj_EPS
201502 0.203 99.032 0.273
201505 0.206 100.333 0.273
201508 0.207 100.548 0.274
201511 0.186 100.135 0.247
201602 0.207 100.040 0.275
201605 0.133 101.355 0.175
201608 0.089 101.617 0.117
201611 0.083 101.829 0.108
201702 0.113 102.779 0.146
201705 0.063 103.256 0.081
201708 0.025 103.587 0.032
201711 0.034 104.072 0.043
201802 0.721 105.052 0.914
201805 0.135 106.148 0.169
201808 0.113 106.383 0.141
201811 0.158 106.338 0.198
201902 4.467 106.649 5.575
201905 0.116 108.048 0.143
201908 0.090 108.245 0.111
201911 0.109 108.519 0.134
202002 0.110 109.139 0.134
202005 0.092 108.175 0.113
202008 0.042 109.662 0.051
202011 0.042 109.793 0.051
202102 0.041 110.968 0.049
202105 0.107 113.576 0.125
202108 0.085 115.421 0.098
202111 0.070 117.269 0.079
202202 0.088 119.703 0.098
202205 0.085 123.323 0.092
202208 0.089 124.958 0.095
202211 0.108 125.607 0.114
202302 0.215 126.928 0.225
202305 0.083 128.314 0.086
202308 0.083 129.538 0.085
202311 0.055 129.548 0.057
202402 0.121 130.930 0.123
202405 0.046 132.509 0.046
202408 0.093 132.816 0.093
202411 0.075 133.110 0.075

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


Park Aerospace  (FRA:PKE) 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.

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

Shiller PE Ratio=Share Price/E10
=12.00/1.18
=10.17

* 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 Park Aerospace was 27.65. The lowest was 8.72. And the median was 13.99.


Be Aware

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


Park Aerospace E10 Related Terms

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


Park Aerospace Business Description

Traded in Other Exchanges
Address
1400 Old Country Road, Suite 409N, Westbury, New York, NY, USA, 11590
Park Aerospace Corp designs develop and manufactures engineered, advanced composite materials and composite structures and assemblies and low-volume tooling for the aerospace markets and prototype tooling for such structures and assemblies. Geographically, the company derives a majority of revenue from North America and also has a presence in a company operates its business in Asia and Europe. It offers advanced composite Prepregs for Aircraft Structures and Interiors, Sigma Strut and Alpha Strut.