GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tryg AS (OCSE:TRYG) » Definitions » E10

Tryg AS (OCSE:TRYG) E10 : kr7.19 (As of Dec. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Tryg AS 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.

Tryg AS's adjusted earnings per share data for the three months ended in Dec. 2024 was kr1.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr7.19 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Tryg AS's average E10 Growth Rate was 1.40% per year. During the past 3 years, the average E10 Growth Rate was 1.50% per year. During the past 5 years, the average E10 Growth Rate was 4.80% 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 Tryg AS was 8.70% per year. The lowest was 1.50% per year. And the median was 6.20% per year.

As of today (2025-03-14), Tryg AS's current stock price is kr159.90. Tryg AS's E10 for the quarter that ended in Dec. 2024 was kr7.19. Tryg AS's Shiller PE Ratio of today is 22.24.

During the past 13 years, the highest Shiller PE Ratio of Tryg AS was 30.93. The lowest was 10.21. And the median was 22.65.


Tryg AS E10 Historical Data

The historical data trend for Tryg AS'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.

Tryg AS E10 Chart

Tryg AS 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 6.36 6.87 7.16 7.09 7.19

Tryg AS 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 7.09 7.18 7.17 7.27 7.19

Competitive Comparison of Tryg AS's E10

For the Insurance - Diversified subindustry, Tryg AS'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.


Tryg AS's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Tryg AS's Shiller PE Ratio distribution charts can be found below:

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



Tryg AS 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, Tryg AS'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)
=1.24/118.9000*118.9000
=1.240

Current CPI (Dec. 2024) = 118.9000.

Tryg AS Quarterly Data

per share eps CPI Adj_EPS
201503 1.416 100.200 1.680
201506 1.572 100.300 1.864
201509 0.311 100.200 0.369
201512 2.078 99.800 2.476
201603 1.230 100.200 1.460
201606 2.208 100.600 2.610
201609 1.967 100.200 2.334
201612 1.580 100.300 1.873
201703 1.712 101.200 2.011
201706 2.024 101.200 2.378
201709 1.907 101.800 2.227
201712 1.455 101.300 1.708
201803 1.097 101.700 1.283
201806 1.463 102.300 1.700
201809 1.611 102.400 1.871
201812 0.288 102.100 0.335
201903 1.953 102.900 2.257
201906 2.016 102.900 2.329
201909 1.549 102.900 1.790
201912 1.813 102.900 2.095
202003 -1.470 103.300 -1.692
202006 4.140 103.200 4.770
202009 3.080 103.500 3.538
202012 3.440 103.400 3.956
202103 2.500 104.300 2.850
202106 -0.096 105.000 -0.109
202109 1.750 105.800 1.967
202112 2.230 106.600 2.487
202203 0.170 109.900 0.184
202206 0.660 113.600 0.691
202209 0.960 116.400 0.981
202212 1.680 115.900 1.723
202303 1.400 117.300 1.419
202306 1.480 116.400 1.512
202309 1.410 117.400 1.428
202312 1.780 116.700 1.814
202403 1.230 118.400 1.235
202406 2.640 118.500 2.649
202409 2.590 118.900 2.590
202412 1.240 118.900 1.240

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


Tryg AS  (OCSE:TRYG) 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.

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

Shiller PE Ratio=Share Price/E10
=159.90/7.19
=22.24

* 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 Tryg AS was 30.93. The lowest was 10.21. And the median was 22.65.


Be Aware

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


Tryg AS E10 Related Terms

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


Tryg AS Business Description

Traded in Other Exchanges
Address
Klausdalsbrovej 601, Ballerup, DNK, 2750
Tryg AS is a diversified insurance company. The company operates in multiple segments, including private, commercial, corporate, and other. Private encompasses the sale of insurances to private individuals; Commercial encompasses the sale of insurances to small and medium sized businesses; and Corporate provides insurance products to corporate customers in Denmark, Sweden and Norway. The company generates majority of its revenue in Denmark, followed by Norway and Sweden.

Tryg AS Headlines

No Headlines