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Grenke AG (LTS:0R97) E10 : €2.45 (As of Dec. 2024)


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What is Grenke AG 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.

Grenke AG's adjusted earnings per share data for the three months ended in Dec. 2024 was €0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.45 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Grenke AG's average E10 Growth Rate was 0.80% per year. During the past 3 years, the average E10 Growth Rate was 5.60% per year. During the past 5 years, the average E10 Growth Rate was 6.90% 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 Grenke AG was 9.70% per year. The lowest was 5.60% per year. And the median was 8.40% per year.

As of today (2025-04-04), Grenke AG's current stock price is €13.45. Grenke AG's E10 for the quarter that ended in Dec. 2024 was €2.45. Grenke AG's Shiller PE Ratio of today is 5.49.

During the past 13 years, the highest Shiller PE Ratio of Grenke AG was 58.63. The lowest was 5.49. And the median was 15.62.


Grenke AG E10 Historical Data

The historical data trend for Grenke AG'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.

Grenke AG E10 Chart

Grenke AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 2.10 2.30 2.42 2.45

Grenke AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.42 2.45 2.45 2.45 2.45

Competitive Comparison of Grenke AG's E10

For the Credit Services subindustry, Grenke AG'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.


Grenke AG's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Grenke AG's Shiller PE Ratio distribution charts can be found below:

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


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Grenke AG 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, Grenke AG's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.34/127.0412*127.0412
=0.340

Current CPI (Dec. 2024) = 127.0412.

Grenke AG Quarterly Data

per share eps CPI Adj_EPS
201503 0.417 99.717 0.531
201506 0.453 100.417 0.573
201509 0.470 100.417 0.595
201512 0.470 99.717 0.599
201603 0.500 100.017 0.635
201606 0.600 100.717 0.757
201609 0.580 101.017 0.729
201612 0.610 101.217 0.766
201703 0.550 101.417 0.689
201706 0.590 102.117 0.734
201709 0.610 102.717 0.754
201712 0.570 102.617 0.706
201803 0.560 102.917 0.691
201806 0.760 104.017 0.928
201809 0.740 104.718 0.898
201812 0.720 104.217 0.878
201903 0.590 104.217 0.719
201906 0.740 105.718 0.889
201909 0.770 106.018 0.923
201912 0.653 105.818 0.784
202003 0.350 105.718 0.421
202006 0.310 106.618 0.369
202009 0.600 105.818 0.720
202012 0.600 105.518 0.722
202103 0.120 107.518 0.142
202106 0.400 108.486 0.468
202109 0.510 109.435 0.592
202112 0.910 110.384 1.047
202203 0.256 113.968 0.285
202206 0.460 115.760 0.505
202209 0.500 118.818 0.535
202212 0.530 119.345 0.564
202303 0.190 122.402 0.197
202306 0.550 123.140 0.567
202309 0.530 124.195 0.542
202312 0.520 123.773 0.534
202403 0.220 125.038 0.224
202406 0.580 125.882 0.585
202409 0.300 126.198 0.302
202412 0.340 127.041 0.340

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


Grenke AG  (LTS:0R97) 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.

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

Shiller PE Ratio=Share Price/E10
=13.45/2.45
=5.49

* 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 Grenke AG was 58.63. The lowest was 5.49. And the median was 15.62.


Be Aware

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


Grenke AG E10 Related Terms

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


Grenke AG Business Description

Address
Neuer Markt 2, Baden-Baden, DEU, 76532
Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.

Grenke AG Headlines

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