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Ituran Location and Control (Ituran Location and Control) E10 : $1.92 (As of Dec. 2023)


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What is Ituran Location and Control 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.

Ituran Location and Control's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ituran Location and Control's average E10 Growth Rate was 8.50% per year. During the past 3 years, the average E10 Growth Rate was 9.10% per year. During the past 5 years, the average E10 Growth Rate was 6.10% per year. During the past 10 years, the average E10 Growth Rate was 7.40% 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 Ituran Location and Control was 17.50% per year. The lowest was 2.90% per year. And the median was 6.90% per year.

As of today (2024-04-25), Ituran Location and Control's current stock price is $25.67. Ituran Location and Control's E10 for the quarter that ended in Dec. 2023 was $1.92. Ituran Location and Control's Shiller PE Ratio of today is 13.37.

During the past 13 years, the highest Shiller PE Ratio of Ituran Location and Control was 32.61. The lowest was 9.10. And the median was 17.83.


Ituran Location and Control E10 Historical Data

The historical data trend for Ituran Location and Control'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.

Ituran Location and Control E10 Chart

Ituran Location and Control 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 1.43 1.48 1.63 1.77 1.92

Ituran Location and Control Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.77 1.81 1.85 1.89 1.92

Competitive Comparison of Ituran Location and Control's E10

For the Communication Equipment subindustry, Ituran Location and Control'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.


Ituran Location and Control's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ituran Location and Control's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ituran Location and Control's Shiller PE Ratio falls into.



Ituran Location and Control 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, Ituran Location and Control's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.6/129.4194*129.4194
=0.600

Current CPI (Dec. 2023) = 129.4194.

Ituran Location and Control Quarterly Data

per share eps CPI Adj_EPS
201403 0.350 99.695 0.454
201406 0.350 100.560 0.450
201409 0.410 100.428 0.528
201412 0.330 99.070 0.431
201503 0.330 99.621 0.429
201506 0.280 100.684 0.360
201509 0.290 100.392 0.374
201512 0.290 99.792 0.376
201603 0.340 100.470 0.438
201606 0.360 101.688 0.458
201609 0.390 101.861 0.496
201612 0.440 101.863 0.559
201703 0.620 102.862 0.780
201706 0.500 103.349 0.626
201709 0.500 104.136 0.621
201712 0.470 104.011 0.585
201803 0.540 105.290 0.664
201806 0.570 106.317 0.694
201809 1.240 106.507 1.507
201812 0.710 105.998 0.867
201903 0.380 107.251 0.459
201906 0.370 108.070 0.443
201909 0.300 108.329 0.358
201912 -0.730 108.420 -0.871
202003 0.310 108.902 0.368
202006 -0.300 108.767 -0.357
202009 0.450 109.815 0.530
202012 0.330 109.897 0.389
202103 0.400 111.754 0.463
202106 0.440 114.631 0.497
202109 0.350 115.734 0.391
202112 0.460 117.630 0.506
202203 0.430 121.301 0.459
202206 0.430 125.017 0.445
202209 0.490 125.227 0.506
202212 0.470 125.222 0.486
202303 0.560 127.348 0.569
202306 0.610 128.729 0.613
202309 0.630 129.860 0.628
202312 0.600 129.419 0.600

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


Ituran Location and Control  (NAS:ITRN) 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.

Ituran Location and Control's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.67/1.92
=13.37

* 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 Ituran Location and Control was 32.61. The lowest was 9.10. And the median was 17.83.


Be Aware

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


Ituran Location and Control E10 Related Terms

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


Ituran Location and Control (Ituran Location and Control) Business Description

Traded in Other Exchanges
N/A
Address
3 Hashikma Street, Azour, ISR, 5800182
Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments, namely Telematics services, and Telematics products. The Telematics services segment consists of regionally- based stolen vehicle recovery (SVR) services, fleet management services, and value-added services comprised of personal advanced locater services and concierge services. The Telematics product segment consists of short and medium-range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification. Its geographical segments include Israel, Brazil, and Others.