Carillion (LSE:CLLN) E10: £0.31 (As of Jun. 2017)


What is Carillion E10?

Carillion LSE:CLLN E10 is £0.31 as of Jun. 2017.

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.

Carillion's adjusted earnings per share data for the fiscal year that ended in Dec. 2016 was £0.259. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.31 for the trailing ten years ended in Dec. 2016.

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.

As of today (2026-06-27), Carillion's current stock price is £ 0.142. Carillion's E10 for the fiscal year that ended in Dec. 2016 was £0.31. Carillion's Shiller PE Ratio of today is 0.46.


Carillion  (LSE:CLLN) 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.

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

Shiller PE Ratio=Share Price/E10
=0.142/0.31
=0.46

* 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.


Be Aware

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


Carillion E10 Related Terms


Carillion E10 Historical Data

* Premium members only.

The historical data trend for Carillion'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.

Carillion E10 Chart

Carillion Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.30 0.30 0.31 0.31

Carillion Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 0.00 0.31 0.00 0.31 0.00

Carillion E10 Competitor Comparison

For the Engineering & Construction subindustry, Carillion'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.


Carillion Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Carillion's Shiller PE Ratio distribution charts can be found below:

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



Carillion 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, Carillion's adjusted earnings per share data for the fiscal year that ended in Dec. 2016 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=0.259/102.2000*102.2000
=0.259

Current CPI (Dec. 2016) = 102.2000.

Carillion Annual Data

per_share_eps CPI Adj_EPS
200712 0.268 84.500 0.324
200812 0.282 87.100 0.331
200912 0.303 88.900 0.348
201012 0.367 91.700 0.409
201112 0.318 95.000 0.342
201212 0.344 97.300 0.361
201312 0.232 99.200 0.239
201412 0.254 99.900 0.260
201512 0.282 100.400 0.287
201612 0.259 102.200 0.259

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of £0.31 mean?
Carillion (LSE:CLLN) has a E10 of £0.31 as of Jun. 2017. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Carillion and its competitors.
Is Carillion's E10 too high?
Carillion's current E10 is £0.31.
How does Carillion's E10 compare to competitors?
Carillion's E10 of £0.31 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Construction company?
A good E10 depends on the Construction industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Carillion and its competitors. Carillion's current E10 is £0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carillion stock overvalued right now?
Carillion (LSE:CLLN) has a current E10 of £0.31. The current E10 is £0.31. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Carillion (LSE:CLLN), the current E10 is £0.31 as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Carillion Business Description

Address 29 WELLINGTON STREET, CENTRAL SQUARE 8TH FLOOR, LEEDS, WEST YORKSHIRE, GBR, LS1 4DL
Carillion PLC offers support, financing, and construction services. It provides maintenance, facilities management, and energy services for buildings and large property estates. In addition, the company delivers infrastructure services for roads, railways, and utility networks.