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Standard Motor Products (FRA:SRU) E10 : €2.52 (As of Mar. 2024)


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What is Standard Motor Products 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.

Standard Motor Products's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.359. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Standard Motor Products's average E10 Growth Rate was -3.90% per year. During the past 3 years, the average E10 Growth Rate was 5.10% per year. During the past 5 years, the average E10 Growth Rate was 7.80% per year. During the past 10 years, the average E10 Growth Rate was 15.50% 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 Standard Motor Products was 43.80% per year. The lowest was -34.00% per year. And the median was 5.10% per year.

As of today (2024-05-17), Standard Motor Products's current stock price is €29.00. Standard Motor Products's E10 for the quarter that ended in Mar. 2024 was €2.52. Standard Motor Products's Shiller PE Ratio of today is 11.51.

During the past 13 years, the highest Shiller PE Ratio of Standard Motor Products was 80.50. The lowest was 11.15. And the median was 27.90.


Standard Motor Products E10 Historical Data

The historical data trend for Standard Motor Products'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.

Standard Motor Products E10 Chart

Standard Motor Products 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 1.95 1.93 2.31 2.59 2.48

Standard Motor Products 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 2.52 2.61 2.61 2.48 2.52

Competitive Comparison of Standard Motor Products's E10

For the Auto Parts subindustry, Standard Motor Products'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.


Standard Motor Products's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Standard Motor Products's Shiller PE Ratio falls into.



Standard Motor Products 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, Standard Motor Products'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)
=0.359/131.7762*131.7762
=0.359

Current CPI (Mar. 2024) = 131.7762.

Standard Motor Products Quarterly Data

per share eps CPI Adj_EPS
201406 0.339 100.560 0.444
201409 0.318 100.428 0.417
201412 0.389 99.070 0.517
201503 0.360 99.621 0.476
201506 0.517 100.684 0.677
201509 0.713 100.392 0.936
201512 0.211 99.792 0.279
201603 0.476 100.470 0.624
201606 0.748 101.688 0.969
201609 0.793 101.861 1.026
201612 0.341 101.863 0.441
201703 0.626 102.862 0.802
201706 0.676 103.349 0.862
201709 0.478 104.136 0.605
201712 -0.321 104.011 -0.407
201803 0.284 105.290 0.355
201806 0.591 106.317 0.733
201809 0.591 106.507 0.731
201812 0.123 105.998 0.153
201903 0.469 107.251 0.576
201906 0.752 108.070 0.917
201909 0.590 108.329 0.718
201912 0.450 108.420 0.547
202003 0.344 108.902 0.416
202006 0.426 108.767 0.516
202009 1.070 109.815 1.284
202012 0.329 109.897 0.395
202103 0.773 111.754 0.911
202106 0.996 114.631 1.145
202109 0.910 115.734 1.036
202112 0.735 117.630 0.823
202203 0.790 121.301 0.858
202206 0.814 125.017 0.858
202209 0.404 125.227 0.425
202212 0.340 125.222 0.358
202303 0.504 127.348 0.522
202306 0.378 128.729 0.387
202309 0.281 129.860 0.285
202312 0.266 129.419 0.271
202403 0.359 131.776 0.359

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


Standard Motor Products  (FRA:SRU) 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.

Standard Motor Products's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=29.00/2.52
=11.51

* 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 Standard Motor Products was 80.50. The lowest was 11.15. And the median was 27.90.


Be Aware

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


Standard Motor Products E10 Related Terms

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


Standard Motor Products (FRA:SRU) Business Description

Traded in Other Exchanges
Address
37-18 Northern Boulevard, Long Island City, NY, USA, 11101
Standard Motor Products Inc is a manufacturer and distributor of premium automotive parts used in the maintenance, service, and repair of vehicles in the automotive aftermarket industry. It operates into three business segments namely Engineered Solutions, Vehicle Control, and Temperature Control. The company focuses on the original equipment and original equipment services markets, with a product lineup of replacement parts for engine management ignition, emission, and fuel systems, as well as temperature-control products. The company operates majorly in the United States, with additional sales in Canada, Europe, Asia, Mexico, and other Latin American countries.