GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kier Group PLC (LSE:KIE) » Definitions » E10

Kier Group (LSE:KIE) E10 : £-0.19 (As of Jun. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Kier Group 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.

Kier Group's adjusted earnings per share data for the fiscal year that ended in Jun. 2024 was £0.095. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £-0.19 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average E10 Growth Rate was -166.80% 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 Kier Group was 22.20% per year. The lowest was -166.80% per year. And the median was 7.40% per year.

As of today (2024-09-21), Kier Group's current stock price is £ 1.408. Kier Group's E10 for the fiscal year that ended in Jun. 2024 was £-0.19. Kier Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Kier Group was 21.65. The lowest was 1.84. And the median was 14.29.


Kier Group E10 Historical Data

The historical data trend for Kier Group'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.

Kier Group E10 Chart

Kier Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 -0.01 -0.13 -0.18 -0.19

Kier Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.13 - -0.18 - -0.19

Competitive Comparison of Kier Group's E10

For the Engineering & Construction subindustry, Kier Group'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.


Kier Group's Shiller PE Ratio Distribution in the Construction Industry

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

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



Kier Group 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, Kier Group's adjusted earnings per share data for the fiscal year that ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.095/133.0000*133.0000
=0.095

Current CPI (Jun. 2024) = 133.0000.

Kier Group Annual Data

per_share_eps CPI Adj_EPS
201506 0.051 100.100 0.068
201606 -0.155 101.000 -0.204
201706 0.093 103.500 0.120
201806 0.747 105.900 0.938
201906 -1.356 107.900 -1.671
202006 -1.159 108.800 -1.417
202106 -0.001 111.400 -0.001
202206 0.028 120.500 0.031
202306 0.093 129.400 0.096
202406 0.095 133.000 0.095

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


Kier Group  (LSE:KIE) 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.

During the past 13 years, the highest Shiller P/E Ratio of Kier Group was 21.65. The lowest was 1.84. And the median was 14.29.


Be Aware

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


Kier Group E10 Related Terms

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


Kier Group Business Description

Traded in Other Exchanges
Address
Optimum House, 2nd Floor, Clippers Quay, Salford, GBR, M50 3XP
Kier Group PLC is a construction, services, and property company that builds and maintains projects for various sectors. Its design and engineering capabilities meet the specifications for public and private customers. The construction segment works in both the public and private sectors through local bases and offers national coverage for its clients. The infrastructure services segment is focused on four main markets: highways, utilities, infrastructure, and rail. The property segment, which invests and develops schemes and sites across the United Kingdom and the last segment is corporate segment. Kier plans to divest from this segment to free up capital for the other segments. The U.K. accounts majority of its revenue, with the rest split among the Americas, Middle East, and Far East.

Kier Group Headlines