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Draegerwerk AG KGaA (LTS:0K5E) E10 : €4.58 (As of Mar. 2024)


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What is Draegerwerk AG KGaA 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.

Draegerwerk AG KGaA's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Draegerwerk AG KGaA's average E10 Growth Rate was -3.30% per year. During the past 3 years, the average E10 Growth Rate was -6.20% per year. During the past 5 years, the average E10 Growth Rate was -2.70% 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 Draegerwerk AG KGaA was 3.00% per year. The lowest was -6.20% per year. And the median was -4.55% per year.

As of today (2024-06-05), Draegerwerk AG KGaA's current stock price is €51.35. Draegerwerk AG KGaA's E10 for the quarter that ended in Mar. 2024 was €4.58. Draegerwerk AG KGaA's Shiller PE Ratio of today is 11.21.

During the past 13 years, the highest Shiller PE Ratio of Draegerwerk AG KGaA was 15.52. The lowest was 7.01. And the median was 9.83.


Draegerwerk AG KGaA E10 Historical Data

The historical data trend for Draegerwerk AG KGaA'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.

Draegerwerk AG KGaA E10 Chart

Draegerwerk AG KGaA 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 6.52 5.15 5.01 4.81 4.69

Draegerwerk AG KGaA 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 4.55 4.77 4.59 4.69 4.58

Competitive Comparison of Draegerwerk AG KGaA's E10

For the Medical Devices subindustry, Draegerwerk AG KGaA'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.


Draegerwerk AG KGaA's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Draegerwerk AG KGaA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Draegerwerk AG KGaA's Shiller PE Ratio falls into.



Draegerwerk AG KGaA 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, Draegerwerk AG KGaA'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)
=0.37/125.0381*125.0381
=0.370

Current CPI (Mar. 2024) = 125.0381.

Draegerwerk AG KGaA Quarterly Data

per share eps CPI Adj_EPS
201406 0.330 99.543 0.415
201409 1.500 99.823 1.879
201412 3.340 99.543 4.195
201503 -0.190 99.717 -0.238
201506 0.510 100.417 0.635
201509 -0.950 100.417 -1.183
201512 2.030 99.717 2.545
201603 -0.780 100.017 -0.975
201606 0.690 100.717 0.857
201609 0.570 101.017 0.706
201612 2.749 101.217 3.396
201703 -0.060 101.417 -0.074
201706 0.390 102.117 0.478
201709 0.680 102.717 0.828
201712 2.773 102.617 3.379
201803 -1.620 102.917 -1.968
201806 0.005 104.017 0.006
201809 -0.280 104.718 -0.334
201812 3.270 104.217 3.923
201903 -0.590 104.217 -0.708
201906 -0.260 105.718 -0.308
201909 0.200 106.018 0.236
201912 1.980 105.818 2.340
202003 -0.380 105.718 -0.449
202006 2.590 106.618 3.037
202009 3.320 105.818 3.923
202012 2.841 105.518 3.367
202103 3.820 107.518 4.442
202106 2.650 108.486 3.054
202109 1.430 109.435 1.634
202112 -0.780 110.384 -0.884
202203 -1.440 113.968 -1.580
202206 -2.720 115.760 -2.938
202209 -1.880 118.818 -1.978
202212 2.520 119.345 2.640
202303 0.900 122.402 0.919
202306 0.570 123.140 0.579
202309 0.930 124.195 0.936
202312 3.410 123.773 3.445
202403 0.370 125.038 0.370

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


Draegerwerk AG KGaA  (LTS:0K5E) 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.

Draegerwerk AG KGaA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=51.35/4.58
=11.21

* 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 Draegerwerk AG KGaA was 15.52. The lowest was 7.01. And the median was 9.83.


Be Aware

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


Draegerwerk AG KGaA E10 Related Terms

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


Draegerwerk AG KGaA (LTS:0K5E) Business Description

Traded in Other Exchanges
Address
Moislinger Allee 53–55, Lubeck, DEU, 23542
Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two divisions: medical and safety. The medical division contributes the majority of revenue. The company develops and produce system solutions, equipment, and services for the acute point of care. The five business units are Therapy (anesthesia devices and ventilators, as well as thermoregulation equipment), Hospital Consumables & Accessories (consumables and accessories), Workplace Infrastructure (supply units, lights, gas management systems), Monitoring (patient monitoring), and Data Business (software applications, system products, and new services). Draegerwerk's geographical segments are Europe; Americas; and Africa, Asia, and Australia.

Draegerwerk AG KGaA (LTS:0K5E) Headlines

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