GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TORM PLC (LTS:0RG4) » Definitions » E10

TORM (LTS:0RG4) E10 : kr17.88 (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is TORM 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.

TORM's adjusted earnings per share data for the three months ended in Dec. 2024 was kr5.342. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr17.88 for the trailing ten years ended in Dec. 2024.

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 TORM was 47.90% per year. The lowest was 47.90% per year. And the median was 47.90% per year.

As of today (2025-03-25), TORM's current stock price is kr128.80. TORM's E10 for the quarter that ended in Dec. 2024 was kr17.88. TORM's Shiller PE Ratio of today is 7.20.

During the past 13 years, the highest Shiller PE Ratio of TORM was 9.27. The lowest was 0.41. And the median was 6.89.


TORM E10 Historical Data

The historical data trend for TORM'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.

TORM E10 Chart

TORM 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 -2,242.92 -5,950.18 -603.86 -321.63 17.88

TORM 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 -321.63 -4.38 31.65 32.63 17.88

Competitive Comparison of TORM's E10

For the Oil & Gas Midstream subindustry, TORM'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.


TORM's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TORM's Shiller PE Ratio distribution charts can be found below:

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



TORM 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, TORM'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)
=5.342/135.1000*135.1000
=5.342

Current CPI (Dec. 2024) = 135.1000.

TORM Quarterly Data

per share eps CPI Adj_EPS
201503 2.758 99.600 3.741
201506 1.994 100.100 2.691
201509 6.645 100.200 8.959
201512 5.482 100.400 7.377
201603 3.349 100.400 4.506
201606 1.324 101.000 1.771
201609 0.171 101.500 0.228
201612 -21.651 102.200 -28.621
201703 0.696 102.700 0.916
201706 -0.199 103.500 -0.260
201709 -0.437 104.300 -0.566
201712 0.377 105.000 0.485
201803 0.060 105.100 0.077
201806 -0.765 105.900 -0.976
201809 -2.174 106.600 -2.755
201812 -0.197 107.100 -0.249
201903 2.048 107.000 2.586
201906 0.463 107.900 0.580
201909 -0.813 108.400 -1.013
201912 13.311 108.500 16.574
202003 5.073 108.600 6.311
202006 6.357 108.800 7.894
202009 0.063 109.200 0.078
202012 -3.241 109.400 -4.002
202103 -1.812 109.700 -2.232
202106 0.185 111.400 0.224
202109 -1.201 112.400 -1.444
202112 -0.658 114.700 -0.775
202203 0.810 116.500 0.939
202206 9.223 120.500 10.340
202209 19.770 122.300 21.839
202212 19.173 125.300 20.673
202303 12.514 126.800 13.333
202306 14.706 129.400 15.354
202309 9.923 130.100 10.304
202312 14.421 130.500 14.929
202403 15.503 131.600 15.915
202406 14.006 133.000 14.227
202409 9.069 133.500 9.178
202412 5.342 135.100 5.342

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


TORM  (LTS:0RG4) 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.

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

Shiller PE Ratio=Share Price/E10
=128.80/17.88
=7.20

* 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 TORM was 9.27. The lowest was 0.41. And the median was 6.89.


Be Aware

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


TORM E10 Related Terms

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


TORM Business Description

Address
120 Cannon Street, 4th Floor, London, GBR, EC4N 6AS
TORM PLC operates as a shipping company. The company owns and operates product tankers. It is engaged in the transportation of refined oil products The company transports clean petroleum products including gasoline, jet fuel, naphtha, and diesel oil, as well as other clean products. Its segments include the Tanker segment, and Marine Engineering segment. The company derives maximum revenue from Tanker segment.

TORM Headlines

No Headlines