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Tesla (MIC:TSLA-RM) E10 : $0.00 (As of Mar. 2025)


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What is Tesla E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Tesla's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tesla's average E10 Growth Rate was 29.90% 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 Tesla was 25.90% per year. The lowest was 25.90% per year. And the median was 25.90% per year.

As of today (2025-07-05), Tesla's current stock price is $0.00. Tesla's E10 for the quarter that ended in Mar. 2025 was $0.00. Tesla's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Tesla was 7583.75. The lowest was 190.97. And the median was 445.73.


Tesla E10 Historical Data

The historical data trend for Tesla'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.

Tesla E10 Chart

Tesla Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
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Tesla Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Competitive Comparison of Tesla's E10

For the Auto Manufacturers subindustry, Tesla'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.


Tesla's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Shiller PE Ratio distribution charts can be found below:

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


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Tesla 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, Tesla's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.12/134.9266*134.9266
=0.120

Current CPI (Mar. 2025) = 134.9266.

Tesla Quarterly Data

per share eps CPI Adj_EPS
201506 -0.097 100.684 -0.130
201509 -0.119 100.392 -0.160
201512 -0.163 99.792 -0.220
201603 -0.142 100.470 -0.191
201606 -0.139 101.688 -0.184
201609 0.009 101.861 0.012
201612 -0.052 101.863 -0.069
201703 -0.136 102.862 -0.178
201706 -0.136 103.349 -0.178
201709 -0.247 104.136 -0.320
201712 -0.267 104.011 -0.346
201803 -0.279 105.290 -0.358
201806 -0.281 106.317 -0.357
201809 0.117 106.507 0.148
201812 0.052 105.998 0.066
201903 -0.273 107.251 -0.343
201906 -0.154 108.070 -0.192
201909 0.053 108.329 0.066
201912 0.037 108.420 0.046
202003 0.007 108.902 0.009
202006 0.033 108.767 0.041
202009 0.090 109.815 0.111
202012 0.080 109.897 0.098
202103 0.130 111.754 0.157
202106 0.340 114.631 0.400
202109 0.480 115.734 0.560
202112 0.683 117.630 0.783
202203 0.950 121.301 1.057
202206 0.650 125.017 0.702
202209 0.950 125.227 1.024
202212 1.070 125.222 1.153
202303 0.730 127.348 0.773
202306 0.780 128.729 0.818
202309 0.530 129.860 0.551
202312 2.270 129.419 2.367
202403 0.410 131.776 0.420
202406 0.420 132.554 0.428
202409 0.620 133.029 0.629
202412 0.660 133.157 0.669
202503 0.120 134.927 0.120

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


Tesla  (MIC:TSLA-RM) 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 Tesla was 7583.75. The lowest was 190.97. And the median was 445.73.


Be Aware

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


Tesla E10 Related Terms

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


Tesla Business Description

Address
1 Tesla Road, Austin, TX, USA, 78725
Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling more affordable vehicles, a sports car, and offer a robotaxi service. Global deliveries in 2024 were a little below 1.8 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.

Tesla Headlines

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